Electronic Warfare Market – Business Opportunities and Global Forecast to 2025

1
Electronic Warfare Market Innovations,
Technology, Growth and Global Forecast till 2025
According to the new market research the report
"Electronic Warfare Market by Capability
(Support, Attack, Protection), Platform
(Airborne, Naval, Ground, Space), Product (EW
Equipment, EW Operational Support), and Region -
Global Forecast to 2025", size is projected to
grow from USD 17.0 billion in 2020 to USD 20.9
billion by 2025, at a CAGR of 4.2 from 2020 to
2025. Significant advancements and electronics
in military
technological integration of equipment are

• resulting in a shift towards multilayered
  defense systems, which is expected to drive the
  electronic warfare market during the forecast
  period. Adding to these factors, the increase in
  the use of UAV systems and the need for ground
  surveillance and
• communication jamming serve as opportunities for
  the electronic warfare market.
• Download PDF Brochure _at_ https//www.marketsandmar
  kets.com/pdfdownloadNew.asp?id1301 Key Market
  Players
• The Electronic Warfare market is dominated by a
  few globally established players such as as BAE
  Systems Plc. (UK), Northrop Grumman Corporation
  (US), Raytheon Technologies Corporation (US),
  Lockheed Martin Corporation (US), Thales Group
  (US), L3Harris Technologies, Inc. (US), Israel
  Aerospace Industries (Israel), and SAAB AB
  (Sweden), among others.
• Electronic warfare is now among the crucial
  requirements of the defense and intelligence
  agencies across countries. Hence, military and
  intelligence agencies are the key end-users,
  showcasing greater demand for electronic warfare
  equipment. Some industry experts have noted that
  the COVID-19 pandemic has not affected the demand
  for electronic warfare, especially for military
  end use. Companies such as Lockheed Martin
  Corporation (US), Northrop Grumman Corporation
  (US), Elbit Systems Ltd. (Israel), and L3Harris
  Technologies (US) received contracts for the
  supply of electronic

2
warfare to the armed forces of various nations in
the first half of 2020, showcasing continuous
demand during the COVID-19 crisis. Increasing
procurement of electronic warfare systems due
to growing transnational and regional
instability The increasing frequency of bilateral
militarized conflicts among countries is
progressing at a rapid pace, which has led to the
growing need for defense forces of countries to
strengthen their security measures. New weapons
and combat systems are being developed to cater
to warfare needs. The advent of digital
battlefields has propelled the incorporation of
electronic warfare technology in all defense
systems used during combat missions. These
systems have resulted in a change in the
procurement priorities of nations to keep pace
with emerging warfare needs. Based on capability,
the support segment of the electronic warfare
market is projected to witness the highest CAGR
during the forecast period In terms of
capability, the market is segregated into
electronic warfare support, protection, and
attack. The electronic support segment is
projected to grow at the highest CAGR during the
forecast period. Intelligence, surveillance
reconnaissance (ISR) has improved the
situational awareness capabilities of militaries
and subsequently enhanced their decision-making
process. The increased focus on situational
awareness capabilities from defense sector is
expected to support the growth of electronic
warfare support segment in the upcoming
years. Electronic warfare equipment sub segment
of the electronic warfare market by product is
projected to witness the highest CAGR owing to
increasing focus on defence equipment up
gradation across the globe Based on product, the
electronic warfare market has been segmented into
electronic warfare equipment and electronic
warfare operational support. The electronic
warfare equipment segment is expected to grow at
a higher CAGR owing to the increasing
procurement of electronic warfare equipment for
the upgaradation of various platforms such as
naval vessel, land vehicle and aircraft due to
benefits such as advance electronic protection,
electronic attack and electronic support
applications. The North America market is
projected to contribute the largest share from
2020 to 2025 in the electronic warfare
market The North America US is recognized as one
of the key manufacturers, exporters, and users
of EW systems worldwide and is known to have the
strongest EW capabilities. Key manufacturers of
EW systems in the US include Lockheed Martin,
Northrop Grumman, L3Harris Technologies, Inc.,
and Raytheon. The new defense strategy of the US
indicates an increase in EW spending to include
advanced capabilities in existing defense
systems of the US Army to counter incoming
threats.
3
Ask for Sample Report _at_ https//www.marketsandmark
ets.com/requestsampleNew.asp?id1301 About
MarketsandMarkets MarketsandMarkets provides
quantified B2B research on 30,000 high growth
niche opportunities/threats which will impact
70 to 80 of worldwide companies revenues.
Currently servicing 7500 customers worldwide
including 80 of global Fortune 1000 companies
as clients. Almost 75,000 top officers across
eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche
markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441