Global Electronic Warfare Market to Reach USD 23.2 Billion by 2027 - PowerPoint PPT Presentation

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Global Electronic Warfare Market to Reach USD 23.2 Billion by 2027

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Electronic Warfare Market by Capability (Support, Attack, Protection), Platform (Airborne, Naval, Ground, Space), Product (EW Equipment, EW Operational Support), End Use (OEM, Upgradation) and Region - Global Forecast to 2027 – PowerPoint PPT presentation

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Title: Global Electronic Warfare Market to Reach USD 23.2 Billion by 2027


1
Global Electronic Warfare Market to Reach USD
23.2 Billion by 2027
The Global Electronic Warfare Market is poised
for significant growth, with a projected increase
from USD 18.5 billion in 2022 to USD 23.2 billion
by 2027, representing a Compound Annual
Growth Rate (CAGR) of 4.7 during the forecast
period. The surge in market size is attributed
to the development of advanced
defensive systems, technological breakthroughs,
integration of into military
and the electronics hardware.
  • Key Market Players
  • The electronic warfare market is dominated by
    globally established players, including
  • BAE Systems, Northrop Grumman Corporation,
    Raytheon Technologies Corporation, Lockheed
    Martin Corporation, Thales Group, L3Harris
    Technologies Inc., Israel Aerospace Industries,
    and Saab AB.
  • Download PDF Brochure _at_ https//www.marketsandmark
    ets.com/pdfdownloadNew.asp?id1301 Key Highlights
    and Drivers
  • Multilayered Defensive Systems The market is
    driven by the development of sophisticated
    multilayered defensive systems, benefiting
    from substantial technological advancements.
    These systems offer remote operations,
    real-time tasking, and reprogramming capabilities
    to defend against emerging threats.
  • Integration of Electronics The integration of
    electronics into military hardware enhances the
    effectiveness of electronic warfare systems. This
    integration facilitates communication between
    different EW systems, leading to
    better-coordinated operations and reduced system
    integration costs.
  • Rise in UAV System Usage The market is presented
    with growth opportunities due to the increasing
    use of Unmanned Aerial Vehicle (UAV) systems. The
    demand for ground surveillance and
    communication jamming further contributes to
    the expansion of the electronic warfare market.
  • Advancements in Countermeasure Techniques
    Military aircraft are upgrading with
    technologically advanced countermeasure
    techniques, including anti-jammers, Radar Warning
    Receivers (RWRs), Laser Warning Receivers (LWRs),
    Countermeasure

2
Dispenser Systems (CMDS), and interference
mitigation systems, to protect against electronic
attacks. Electronic Warfare Self-Protection
(EWSP) The incorporation of EWSP suites in
combat aircraft, which include countermeasure
systems for protection against various
threats, contributes to the overall growth of the
electronic warfare market. Segment
Analysis Capability Segmentation The support
category, also known as Electronic Support
Measure (ESM), is expected to witness the highest
CAGR during the forecast period. ESM plays a
crucial role in intelligence gathering, providing
situational awareness insights for
decision-making. Product Segmentation The
market is sub segmented into equipment and
operational support. Electronic warfare equipment
includes systems for support, attack, and
protection, detecting and countering threats such
as missiles and artillery. Regional
Analysis North American Dominance The North
American region, particularly the US and Canada,
is projected to dominate the electronic warfare
market from 2022 to 2027. Increased investments
in electronic warfare technologies and the
development of advanced EW systems contribute to
the region's leadership. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id1301 About MarketsandMarkets Markets
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