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Electronic Warfare Market

Electronic Warfare Market by Category (Electronic Attack, Electronic Support and Electronic Protection), by Capability (Support, Attack, Protection), by Product (Jammers, Countermeasure System, Decoy, Directed Energy Weapon, 2G Antennas, 3G Antennas, 4G Antennas, 5G Antennas and Others), by Platform (Land, Naval, Airborne, and Space), by Regions and Global Forecast 2022-2028

Report Id: SNS/A&D/1655 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Electronic Warfare Market Size was valued at USD 18.32 billion in 2021 and US$ 19.18 billion in 2022, expected to reach USD 25.27 billion by 2028, and grow at a CAGR of 4.7% over the forecast period 2022-2028.

The advancement of modern electromagnetic spectrum technologies challenges military operations in an information-reliant environment. With the development in electronic threats, there is a greater requirement for electronic warfare to support unhindered access to electromagnetic environment defence activities. Electronic warfare is a major component of information warfare and is used in both offensive and defensive counter-information operations. Electronic warfare policy and doctrine have been developed and embraced by nations all over the world. Infrared and radio frequency countermeasures, electronic masking, electronic security, electronic counter-countermeasures, and anti-jamming capabilities are all part of electronic warfare efforts.

Electronic Warfare Market Revenue Graph

During the projected period, the worldwide electronic warfare market is expected to grow due to an increase in innovations and the creation of new warfare. The Iranian Army Ground Force's Research and Self-Sufficiency Jihad Organization, for example, debuted a plethora of electronic warfare and other electronic equipment. The combat technologies would be deployed to safeguard Iranian drones in enemy territory as well as to disrupt opposing drones. With the rising threat of hostile drones and remotely activated IEDs, investments in electronic warfare equipment for defence against such threats have surged. Edge Group, for example, launched Nav-Control-G, a specialist counter-drone capability, and V-Protect, a radio frequency communication jamming technology. Electronic warfare systems protect Iranian VIPs and key commanders on the move.

Another factor driving global market expansion is increased spending on military modernization. Furthermore, the ongoing support of the target audiences, such as electronic warfare manufacturing suppliers, component providers, government organizations, and others, is fueling the global market's expansion and creating greater electronic warfare market revenue during the review period.

MARKET DYNAMICS:

KEY DRIVERS:

  • The evolution of cognitive electronic warfare technologies

  • Rising transnational disputes and wars

RESTRAINTS:

  • High machinery budget

OPPORTUNITIES:

  • Research and development of next-generation air and missile defence systems

  • Enhanced warfare technology

CHALLENGES:

  • Cyberattacks

  • High cost of deployment

THE IMPACT OF COVID-19

Because of the disruption in the supply chain of critical raw materials, the rapid spread of COVID-19 had a substantial influence on the worldwide aerospace sector in 2020. The COVID-19 pandemic created various obstacles for the aircraft sector, including reduced production, material shortages, logistics issues, and others. These issues resulted in the cancellation of some existing aircraft modernizations, electrification, and new manufacturing offers, as well as delays in aircraft delivery. Despite the fact that many problems lie ahead, the world has seen some encouraging achievements by governments to decrease the economic burden of the pandemic. For example, various governments throughout the world have announced relief packages to assist the aerospace industry, which may assist the aviation industry.

The market is divided into three capabilities: warfare support, protection, and attack. During the forecast period, the electronic support category is expected to develop at the fastest CAGR. Intelligence, surveillance, and reconnaissance have increased militaries' situational awareness capabilities and, as a result, their decision-making process. The defence sector's increased emphasis on situational awareness capabilities is projected to promote the expansion of the warfare support segment in the future years.

Countermeasure systems, jammers, 2G antennas, decoy, directed energy weapon, 5G antennas, 4G antennas, 3G antennas, and others are the product segments of the worldwide Electronic Warfare Market. The increase in digital and cybersecurity threats and attacks has boosted the global demand for enhanced monitoring, intelligence, and self-protection capabilities. Defense agencies around the world have begun to use electronic systems to obtain enhanced situational awareness in order to sustain superiority in defence across land, Naval, and space & Airborne.

KEY MARKET PLAYERS:

BAE Systems, Raytheon Technologies Corporation, Thales Group, Northrop Grumman Corporation, HENSOLDT, Boeing, General Dynamics Corporation, Lockheed Martin Corporation, Leonardo SpA, Saab AB, and other players.

KEY MARKET SEGMENTATION:

by Capability

  • Support

  • Attack

  • Protection

by Product

  • Jammers

  • Countermeasure System

  • Decoy

  • Directed Energy Weapon

  • 2G Antennas

  • 3G Antennas

  • 4G Antennas

  • 5G Antennas  

  • Others

by Platform

  • Land

  • Naval

  • Airborne

  • Space

Electronic Warfare Market Segment Chart

REGIONAL ANALYSIS:

North America EW market is projected to be the biggest district in 2022 attributable to the high speculations by the U.S. Branch of Defense in the extension of EW frameworks. The U.S. DoD is supposed to put USD 25.8 billion in research, improvement, test, and assessment and USD 27.8 billion in acquirement all through the guard program. In addition, the market in the locale is expected to develop because of elements like regional questions, political debates, and expanded psychological oppression. Followed by North America, Europe is supposed to be the second-biggest district because of an ascent in interests in EW frameworks obtainment and improvement. Furthermore, a portion of the key market players, for example, Thales Group, BAE Systems, and Saab AB in the district are expected to fuel the development of the market.

Asia-Pacific is anticipated to be the quickest developing district during the gauge time frame because of the fast development in interests in nations, for example, China and India to foster mechanically progressed frameworks and improve their warfighting abilities.

China is zeroing in on the modernization of its powers and building strong air bases and maritime armadas. As of late, the arising clashes among China and the U.S. have driven the nations to fortify their safeguard.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Electronic Warfare Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 18.32 Billion
Market Size by 2028 US$ 25.27  Billion
CAGR CAGR of 25.27% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Category (Electronic Attack, Electronic Support and Electronic Protection)
• By Capability (Support, Attack, Protection)
• By Product (Jammers, Countermeasure System, Decoy, Directed Energy Weapon, 2G Antennas, 3G Antennas, 4G Antennas, 5G Antennas and Others)
• By Platform (Land, Naval, Airborne, and Space)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles BAE Systems, Raytheon Technologies Corporation, Thales Group, Northrop Grumman Corporation, HENSOLDT, Boeing, General Dynamics Corporation, Lockheed Martin Corporation, Leonardo SpA, Saab AB, and other players.
DRIVERS • The evolution of cognitive electronic warfare technologies
• Rising transnational disputes and wars
OPPORTUNITIES • High machinery budget


Frequently Asked Questions (FAQ) :


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Electronic Warfare Market, by Capability

8.1 Support

8.2 Attack

8.3 Protection

 

9. Electronic Warfare Market, by Product

9.1 Jammers

9.2 Countermeasure System

9.3 Decoy

9.4 Directed Energy Weapon

9.5 2G Antennas

9.6 3G Antennas

9.7 4G Antennas

9.8 5G Antennas  

9.9 Others

 

10. Electronic Warfare Market, by Platform

10.1 Land

10.2 Naval

10.3 Airborne

10.4 Space

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company Profiles

12.1 Raytheon Technologies Corporation

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 BAE Systems

12.3 Thales Group

12.4 Northrop Grumman Corporation

12.5 HENSOLDT

12.6 Boeing

12.7 General Dynamics Corporation

12.8 Lockheed Martin Corporation   

12.9 Leonardo SpA

12.10 Saab AB

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

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Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

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