Electronic Warfare Market Size, Share, Demand, Trends, Analysis and Research Report 2022 to 2027 – UK Parents Lounge
According to the latest IMARC group report titled ” Electronic Warfare Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027», The market is currently experiencing strong growth. The Global electronic warfare market size show moderate growth over the next five years. Electronic warfare refers to the strategic use of the electromagnetic spectrum to intercept, analyze, or suppress an enemy’s range and combat power. It offers superior next-generation Electronic Support (ES), Electronic Protection (EP) and Electronic Attack (EA) capabilities. It can be widely used to scramble, disrupt, locate, deceive and encrypt analysis in defense and military industry.
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As the novel coronavirus (COVID-19) crisis sweeps the world, we are continuously monitoring changes in the markets, as well as consumer buying behaviors around the world and our estimates on the latest market trends and forecasts are carried out after examining the impact of this pandemic.
The global market is primarily driven by the widespread integration of advanced electronics with military equipment. The increasing use of unmanned aerial vehicles (UAVs) and the growing need for effective surveillance systems in the defense industry have contributed to the growth of the market. In addition, the growing incidences of terrorist attacks and security breaches around the world have heightened the need for effective security measures. This, along with the increasing use of the digital battlefield, has propelled the demand for electronic warfare globally. In addition, the growing number of cybersecurity threats has also catalyzed the adoption of advanced surveillance systems equipped with cloud and artificial intelligence (AI). Apart from this, the increase in government spending on radar and air defense systems and the growing preference for military robots have created a positive outlook for the market.
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Competitive landscape with key players:
The report also analyzed the competitive landscape of the market with some of the major players being.
- Aselsan A.?
- BAE Systems plc
- Elbit Systems Ltd.
- Societe Generale Dynamic
- Israel’s aerospace industries
- L3Harris Technologies Inc.
- Leonardo SpA
- Lockheed Martin Company
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Saab AB
- Teledyne Technologies Incorporated
- Textron inc.
- Thales Group
- The Boeing Company
Segmentation of the electronic warfare market:
Our report has categorized the market based on region, product, equipment, capacity, and platform.
Breakdown by product:
- Electronic warfare equipment
- GE operational support
Breakdown by equipment:
- Countermeasures system
- Directed energy weapon
Breakdown by capacity:
- Electronic protection
- Electronic assistance
- Electronic attack
Breakdown by platform:
Breakdown by region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
Highlights of the report:
- Market performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
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