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According to our LPI (LP Information) latest study, the global Electronic Warfare Systems market size was valued at US$ 15920 million in 2023. With growing demand in downstream market, the Electronic Warfare Systems is forecast to a readjusted size of US$ 21450 million by 2030 with a CAGR of 4.4% during review period.
The research report highlights the growth potential of the global Electronic Warfare Systems market. Electronic Warfare Systems are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Electronic Warfare Systems. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Electronic Warfare Systems market.
Electronic warfare (EW) detects, interprets, controls or disrupts signals in the electromagnetic (EM) spectrum, typically radar, radio or infrared transmissions, to protect military assets from potential threats.
Modern military capabilities rely increasingly on the electromagnetic spectrum. War fighters depend on the spectrum to communicate with each other and their commanders, to understand the environment and inform decisions, to accurately identify and engage targets, and to protect them from harm.
North America is forecasted to hold the largest share in the market due to rising insurgencies, territorial disputes, terrorism, and the unrest with other nations, thus driving the global market upwards till 2026.
Nations like Russia, China, North Korea, and Iran are involved in the act of modernizing their Electronic Warfare equipment in a bid to hold a better share in the market. Acts like these will help foster the growth of the market over the forecasted period.
The segment for electronic support is expected to have the highest growth rate during the forecast period. The rising demand for advanced communication systems and information gathering is of high importance. This makes other applications such as intelligence, surveillance, target acquisition, and reconnaissance (ISTAR), intelligence, surveillance and reconnaissance (ISR), signals intelligence (SIGINT) systems, and other such systems grow with the highest demand. The usage of unmanned aerial vehicles or drones is also rising in recent years, which is also driving market demand. Report data showed that 52% of the Electronic Warfare Systems market is Electronic Support in 2020.
Airborne application segment is forecasted to be the largest segment in the market, with a market share of over 56% globally in 2020. Increasing investments being carried out in the segment by the majority of the leading market players will be the major factor for the growth of the application segment.
Key Features:
The report on Electronic Warfare Systems market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Electronic Warfare Systems market. It may include historical data, market Segmentation by Type (e.g., Electronic Support, Electronic Attack), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Electronic Warfare Systems market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Electronic Warfare Systems market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Electronic Warfare Systems industry. This include advancements in Electronic Warfare Systems technology, Electronic Warfare Systems new entrants, Electronic Warfare Systems new investment, and other innovations that are shaping the future of Electronic Warfare Systems.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Electronic Warfare Systems market. It includes factors influencing customer ' purchasing decisions, preferences for Electronic Warfare Systems product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Electronic Warfare Systems market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Electronic Warfare Systems market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Electronic Warfare Systems market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Electronic Warfare Systems industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Electronic Warfare Systems market.
Market Segmentation:
Electronic Warfare Systems market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
- Electronic Support
- Electronic Attack
- Electronic Protection
Segmentation by application
- Airborne
- Naval
- Land
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- BAE Systems
- Thales Group
- Northrop Grumman
- Raytheon
- Lockheed Martin
- Leonardo
- General Dynamics
- Elbit Systems
- L3Harris Technologies
- Cobham
- Mercury Systems
- Saab
- Hensoldt