Electronic Warfare Industry Market: Global Industry Analysis and Forecast (2021-2027), Future Potential

Electronic Warfare Industry Market is expected to reach US $22.42 billion by 2027, thanks to growth in the product segment. The report analyzes electronic warfare industry market dynamics by region, capability, and product.

Electronic Warfare Industry Market Overview:

The electronic warfare industry market was valued at US $16.73 Bn. in 2020, and it is expected to reach US $22.42 Bn. by 2027 with a CAGR of 4.27% during the forecast period. Any activity involving the use of the electromagnetic spectrum (EM spectrum) or directed energy to control the spectrum, attack an adversary, or obstruct hostile attacks is known as electronic warfare (EW). The goal of electronic warfare is to deny the enemy an advantage over the EM spectrum while ensuring unrestricted access for friendly forces. Manned and unmanned systems can use EW to target radar, communication, and other assets from the air, sea, land, and/or space (military and civilian). Electronic Warfare Industry Market To know about the Research Methodology:- Request Free Sample Report 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Electronic Warfare Industry Market Dynamics:

Surging regional and transnational imbalance leading to rising adoption of EW: The frequency of bilateral military confrontations between countries is increasing at a rapid rate, necessitating a greater requirement for countries' defense forces to beef up their security measures. To meet the demands of battle, new weaponry and fighting systems are being developed. Electronic warfare technology has been included in all defense systems utilized during combat missions because of the development of digital battlefields. As a result of these systems, governments' procurement priorities have shifted to keep up with emerging wartime needs. For example, since 2014, political instability and terrorism in Iraq and Syria in the Middle East have resulted in military confrontations, with numerous terrorist organizations increasingly employing high-tech weapon systems. To protect their borders from these weapons, countries in this region are expanding their defense spending to incorporate modern electronic warfare systems. The United Arab Emirates (UAE), Saudi Arabia, and Qatar are among the countries in the area that have increased their investment in radar and air defense systems. Saudi Arabia, for example, intends to purchase Russian S-400 air defense systems in the future. Several incursions into India by China and Pakistan occurred in 2018-2019, culminating in a confrontation between the two countries. Turkish government officials announced the purchase of Russian S-400 air defense systems in October 2019. Rising tensions in the South China Sea between China and its neighbors, including Indonesia, Vietnam, Taiwan, Malaysia, and the Philippines, have prompted these countries to raise their defense budgets. Because of the tensions between Russia and NATO (North Atlantic Treaty Organization), nations like Poland, Romania, and Ukraine have increased their spending on air defense systems. Also, Russia intends to upgrade and improve its military and electronic warfare capabilities. Thus, the market for electronic warfare is driven by ambitions to modernize defensive capabilities. Electronic warfare capabilities are increasingly being deployed on unmanned systems: Unmanned aerial vehicles have become an important feature of armed forces all around the world. The transmission of surveillance and imagery data is made easier by deploying electronic warfare devices on unmanned platforms. Various unmanned EW missions benefit from the integration of unmanned systems with communication jammers or electronic surveillance equipment. Also, unmanned EW planes require fewer people, lowering the chance of human casualties. As a result of these advantages, countries including the United States, India, and China are planning to purchase and deploy additional UAVs (Unmanned Aerial vehicles) in their military forces. The Small Air-Launched Decoy-Jammer (MALD-J), a miniature UAV with anti-jam capabilities, was improved by Raytheon and the US Air Force in February 2018. The GPS Aided Inertial Navigation System (GAINS II) improvement incorporates an improved multi-element GPS-controlled antenna assembly. In a GPS jamming situation, this innovative approach increases MALD-J navigation performance. New-generation air and missile defense systems are being developed: The development of high-tech new-generation missiles poses a significant danger to important locations and platforms such as military airbases and ships. Nuclear-capable ballistic missiles and high-speed cruise missiles are among the latest developments. Various countries are working on sophisticated weapons that can counter high-end air defense systems including the medium extended air defense system (MEADS), Patriot Advanced Capability-3 (PAC-3), and the S-400. India, China, and Russia have developed hypersonic missiles that are tough for missile defense systems to intercept. The BrahMos missile, developed jointly by India and Russia, is difficult to intercept by earlier missile defense systems. As a result of these advances, new-generation high-speed air defense electronic warfare systems are required. Governments throughout the world are concentrating their efforts on the development of stealth aircraft while also investing considerably in improved surveillance systems to counter stealth technology. Electronic warfare technologies, such as quantum-based radars and their surveillance application, have been the subject of a variety of studies. Quantum radars, according to a September 2018 story in China Daily, hunt for targets by transmitting subatomic particles rather than radio waves. Radar-absorbent materials and low-signature designs have little effect on them. Traditional radar jamming strategies cannot deviate from these radars, therefore they can be used in the future for missile defense and space exploration.

Trending EW areas of research and development:

• Radiation detection and sorting in a dense signal environment. • Stand-off jamming for wide-area penetration of enemy radar with minimum risk to the attacking force. • Extension of EW spectrum coverage to the millimeter and optical wavelengths. • Decoys • Airborne early warning and illumination warning. • Obscuration aids • Radar and infra-red cross-section reduction. • High-speed signal processing. • Microwave phased arrays • Artificial Intelligence • Simulation • EW Integration

High cost of adoption:

Electronic warfare is becoming more important in tactical and strategic roles in modern conflict, necessitating the development of innovative, effective, and economical electronic warfare systems. Electromagnetic radiations are used in these systems to ensure secure data transmission. Electronic warfare systems can perform a variety of tasks, including electronic attacks, electronic defense, and electronic support. These systems must fulfill a variety of critical duties in a variety of threat scenarios. They must use SIGINT techniques to identify all emitters in a target area, ascertain their physical locations or mobility ranges, describe their signals, and determine the enemy's conflict strategy. Because of the complexity of electronic warfare systems, achieving the performance levels needed for next-generation electronic warfare systems becomes a hard undertaking. To function in high-magnitude signal settings, these systems require complicated architectures. Modifying and programming electronic warfare systems is one of the most difficult tasks encountered by manufacturers. To function in a congested EM environment, advanced EW technologies are necessary, and a cost-effective open system approach may help in achieving difficult design goals. Because of the high cost of R&D, the electronic warfare systems market is expected to be cost-dependent, which poses a challenge for manufacturers.

Global Electronic Warfare Industry Market Segment Analysis:

Based on Capability, the electronic warfare industry market is segmented as, protection, attack, and support. In 2020, the electronic support segment dominated the market. During the forecast period, the electronic support segment is expected to grow at the fastest rate of xx%. Intelligence, surveillance, and reconnaissance (ISR) has increased militaries' situational awareness and, as a result, their decision-making process. During the forecast period, the defense sector's growing focus on situational awareness capabilities is likely to promote the growth of the electronic warfare support industry. Electronic Warfare Industry Market 1 Based on Product, the electronic warfare industry market is segmented as, equipment, and operational support. The equipment segment is expected to account for the majority of xx% of the market during the forecast period, owing to the increasing procurement of electronic warfare equipment for the up-gradation of various platforms such as naval vessels, land vehicles, and aircraft thanks to benefits such as advance electronic protection, electronic attack, and electronic support applications. Detailed information about all segments is covered in the MMR’s report.

Global Electronic Warfare Industry Market Regional Insights:

In the North American region, the United States and Canada are important regions. Thanks to increased investments in electronic warfare technology by the countries, this region is likely to lead the market during the forecast period. Defense forces from North American countries are working on the creation of cutting-edge electronic warfare equipment. Lockheed Martin (US), Northrop Grumman (US), L3Harris Technologies, Inc. (US), and Raytheon (US) are all well-known and important players of electronic warfare systems in this region. The US Navy's proposed FY-2020 budget, according to the Congressional Research Service (CRS), includes funding for the procurement of 12 new ships, including one Gerald R. Ford (CVN-78) class aircraft carrier, three Virginia-class attack submarines, three DDG-51 class Aegis destroyers, one FFG(X) frigate, two John Lewis (TAO-205) class oilers, and two TATS towing, salvage, and rescue ships. The US Navy expects to modernize and enhance a fleet of 355 vessels, according to the US Navy Report to Congress on the Annual Long-Range Plan for Naval Vessel Construction for FY 2020. Electronic Warfare Industry Market 2 The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projecting the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.

Electronic Warfare Industry Market Scope: Inquire before buying

Global Electronic Warfare Industry Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $16.73 Bn.
Forecast Period 2021 to 2027 CAGR: 4.27% Market Size in 2027: US $22.42 Bn.
Segments Covered: by Capability • Support • Attack • Protection
by Product • Equipment o Jammers o Self-Protection EW Suite o Directed Energy Weapons o Anti-radiation Missiles o Antennas o Direction Finders o Others • Operational Support o Software o Simulation

 Electronic Warfare Industry Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Electronic Warfare Industry Market Key Players

BAE Systems Plc • Northrop Grumman Corporation • Raytheon Technologies Corporation • Lockheed Martin Corporation • Thales Group • L3 Harris Technologies Inc. • Israel Aerospace Industries • SAAB AB • Rockwell Collins • Alliant Techsystems Inc. • Boeing • Cobham Plc. • Leonardo SPA • Teledyne Technologies • Elbit Systems • Exelis Inc. • Others

Frequently Asked Questions:

1. What is the forecast period considered for the Electronic Warfare Industry market report? Ans. The forecast period for the global electronic warfare industry market is 2021-2027. 2. Which key factors are expected to hinder the growth of the Electronic Warfare Industry market? Ans. The rising deployment of electronic warfare technology in the unmanned system is the key factor expected to hinder the market growth during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Electronic Warfare Industry market for the next 6 years? Ans. The global electronic warfare industry market is expected to grow at a CAGR of 4.27% during the forecast period (2021-2027). 4. What are the key factors driving the growth of the Electronic Warfare Industry market? Ans. The surging regional and transnational imbalance leading to the rising adoption of EW is the key factor expected to drive the growth of the market during the forecast period. 5. Which are the worldwide major key players covered in the Electronic Warfare Industry market report? Ans. BAE Systems Plc, Northrop Grumman Corporation, Raytheon Technologies Corporation, Lockheed Martin Corporation, Thales Group, L3 Harris Technologies Inc., Israel Aerospace Industries, SAAB AB, Rockwell Collins, Alliant Techsystems Inc., Boeing, Cobham Plc., Leonardo SPA, Teledyne Technologies, Elbit Systems, Exelis Inc., and Others.
1. Global Electronic Warfare Industry Market: Research Methodology 2. Global Electronic Warfare Industry Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Electronic Warfare Industry Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Electronic Warfare Industry Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Electronic Warfare Industry Market Segmentation 4.1. Global Electronic Warfare Industry Market, by Capability (2020-2027) • Support • Attack • Protection 4.2. Global Electronic Warfare Industry Market, by Product (2020-2027) • Equipment • Jammers • Self-Protection EW Suite • Directed Energy Weapons • Anti-radiation Missiles • Antennas • Direction Finders • Others • Operational Support • Software • Simulation 5. North America Electronic Warfare Industry Market (2020-2027) 5.1. North America Electronic Warfare Industry Market, by Capability (2020-2027) • Support • Attack • Protection 5.2. North America Electronic Warfare Industry Market, by Product (2020-2027) • Jammers • Self-Protection EW Suite • Directed Energy Weapons • Anti-radiation Missiles • Antennas • Direction Finders • Others 5.3. North America Electronic Warfare Industry Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Electronic Warfare Industry Market (2020-2027) 6.1. European Electronic Warfare Industry Market, by Capability (2020-2027) 6.2. European Electronic Warfare Industry Market, by Product (2020-2027) 6.3. European Electronic Warfare Industry Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Electronic Warfare Industry Market (2020-2027) 7.1. Asia Pacific Electronic Warfare Industry Market, by Capability (2020-2027) 7.2. Asia Pacific Electronic Warfare Industry Market, by Product (2020-2027) 7.3. Asia Pacific Electronic Warfare Industry Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Electronic Warfare Industry Market (2020-2027) 8.1. The Middle East and Africa Electronic Warfare Industry Market, by Capability (2020-2027) 8.2. The Middle East and Africa Electronic Warfare Industry Market, by Product (2020-2027) 8.3. The Middle East and Africa Electronic Warfare Industry Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Electronic Warfare Industry Market (2020-2027) 9.1. Latin America Electronic Warfare Industry Market, by Capability (2020-2027) 9.2. Latin America Electronic Warfare Industry Market, by Product (2020-2027) 9.3. Latin America Electronic Warfare Industry Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. BAE Systems Plc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Northrop Grumman Corporation 10.3. Raytheon Technologies Corporation 10.4. Lockheed Martin Corporation 10.5. Thales Group 10.6. L3 Harris Technologies Inc. 10.7. Israel Aerospace Industries 10.8. SAAB AB 10.9. Rockwell Collins 10.10. Alliant Techsystems Inc. 10.11. Boeing 10.12. Cobham Plc. 10.13. Leonardo SPA 10.14. Teledyne Technologies 10.15. Elbit Systems 10.16. Exelis Inc. 10.17. Others

About This Report

Report ID 23485
Category Aerospace and Defense
Published Date Jan 2019
Updated Date Jan 2022
Contact Us