Global Electronic Warfare Market

Electronic Warfare Market Size, Share - Forecast to 2026

Category Aerospace & Defence
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Warfare Market: By Capability

The global Electronic Warfare market can be segmented on the basis of capability into electronic attack, electronic support and electronic platform.The electronic support segment is expected to capture the largest market share and is projected to witness the highest growth during the forecast period. Electronic systems and support are deployed on various platforms. The electronic systems are used to provide electronic intelligence and communication support to the military forces. The market for electronic support segment is majorly driven because of increased adoption rate in the developing economies.

Electronic Warfare Market: By Platform

The electronic warfare market is segmented on the basis of platform into 4 segments namely, airborne, naval, ground, and space. The space segment is expected to grow at a highest CAGR over the forecast period. Rapid development in the satellite communication is expected to propel the market growth over the forecast period. With the introduction of satellite communication, military forces across the world are trying to jam the enemy satellites in order to seize their communication. Increased procurement of electronic countermeasure systems for satellites is further expected to propel the growth of market over the forecast period.

Electronic Warfare Market: By Product

The market for electronic warfare is segmented on the basis of product into Electronic Warfare Equipment, and Electronic Warfare Operational Support. The electronic warfare equipment segment is expected to capture largest market share and is projected to grow at high rate over the forecast period. Technological advancements coupled with increased investments in the research and development activity to enhance and update the equipment is one of the major factors spurring the growth of electronic warfare market.

Electronic Warfare Market

Electronic Warfare Market: Regional Insights

On the basis of region the market for electronic warfare is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. North American market for electronic warfare is expected to generate highest market share in terms of both value and volume. The electronic warfare market in the region is majorly driven due to the high adoption rate of defense capabilities and new technologies. However the defense budget cut in the United States is expected to hamper the growth of the market in the North American region.

The market for electronic warfare in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. There are multiple factors influencing the growth of electronic warfare market in the region including increasing demand from countries such as India, China, and Japan. Growing military budgets coupled with increased adoption of advanced warfare technologies is one of the major factors propelling the market growth in the Asia Pacific region.

Electronic Warfare Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Electronic Warfare Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to electronic warfare in the coming years. Some companies currently using electronic warfare and are likely to purchase it in future are SorokaSoft, G4S Plc., and Allied Universal among others

Electronic Warfare: Market Share & Competitor Analysis

Some of the key players operating in the Electronic Warfare Market are Elbit Systems, Northrop Grumman, Israel Aerospace Industries, Lockheed Martin, Boeing, Saab, Thales, Textron, Bae Systems, Raytheon, L3 Technologies, Rockwell Collins, Teledyne Technologies, Harris, Leonardo, and General Dynamics among others.

In February 2018, Northrop Grumman Corporation received USD 75 million indefinite quantity/indefinite delivery contract award to deliver Joint Threat Emitter support services to Saudi Arabia.

In January 2019, Lockheed Martin announced to develop cyber/electronic warfare podded system for the U.S. Army

Please note: This is not an exhaustive list of companies profiled in the report.

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Electronic Warfare Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the electronic warfare market.

Electronic Warfare Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Electronic Warfare Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.

Electronic Warfare Market

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