Global Electronic Warfare Market Size is estimated to expand rapidly in coming years, at a CAGR of 5.2 % from 2018 to 2027. In 2017, the global market valuation was USD 25.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2027. The increasing military expenditure powered by ongoing political and territorial conflicts is projected to generate demand during the forecast period for advanced electronic warfare systems with better abilities.

Global Market Growth Opportunities (Revenue, Growth) By 2018-2027

In order to achieve faster and efficient systems with a minimal delay between risk detection and monitoring, advancement of the cognitive electronic warfare, such as the integration of advanced technologies such as artificial intelligence and neural networks with electronic warfare systems is projected to give the market opportunities for the electronic warfare industry.

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global electronic warfare market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global electronic warfare market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Market Dynamic

According to the new market research study on "Electronic Warfare Market by Capability (Electronic Support, Electronic Attack, Electronic Protection), Platform (Airborne, Naval, Ground, Space), Product (EW Equipment, EW Operational Support), and Regional Analysis (North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe – UK, Russia, France, Brazil, Other) (Middle East and Africa) - Global Industry Insights, Trends and Forecast, 2017-2027.", The Global Electronic Warfare Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.2% during the forecast period, i.e. 2017-2027. Owing to increasing adoption from emerging and developed economies of electronic warfare systems because of the growing chances of threats such as internal, external, regional instability and terrorism, same time it will help to geospatial intelligence collecting is projected to propel market growth of the electronic warfare market in next five years.  

Methodology:

The analysis of the report is carried on various primary and secondary data sources. The primary sources include conduction interviews with numerous industry analysts, suppliers, distributors, and other involved professionals. The secondary sources include a review of statistical data from press releases, government websites, annual reports of the companies, and other relevant documents.

During interviews, these primary and secondary sources provide exclusive information, which acts as a validation from global electronic warfare market leaders. Access to an extensive internal repository and external proprietary databases helps this study to address questions and details regarding the market. Also, the report uses the top-down approach to assess the figures for each segment and to counter-validate them with the bottom-up approach.

We have covered two proprietary models in the electronic warfare report, the FPNV Positioning Matrix and the Competitive Strategic Window and. The FPNV Positioning Matrix analyses players’ competitive marketplace in terms of product satisfaction and business strategy they follow to sustain in the market. In terms of applications, markets, and geographies, the Competitive Strategic Window analyses the competitive landscape.

Segment Analysis

By Capability Insights: On the basis of capability, global electronic warfare market has been segmented into electronic support, electronic attack, and electronic protection. During the forecast period, the digital support segment is projected to grow fastest. There is a strong need for sophisticated data collection and communication systems in the battle area. As a result, the most rigorous request for the enemy's attack and defense is likely to be reported on information, surveillance, target acquisition, and acknowledgment systems (ISTAR), intelligence systems (SIGINT) and other systems for the detection and targeting of threats.

Recent times have increased drone or UAV use with ISTAR and SIGINT systems, also a significant driver for the segment's development.

By Product Insights: 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 in military ships and aircraft due to benefits such as advance electronic protection and electronic support applications.

Regional Analysis

The electronic warfare market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The North America region is estimated to be the largest market for electronic warfare in 2017. Factors such as increasing insurgencies, territorial disputes, terrorism, unrest between neighboring nations, and political disputes in the region are also fueling the EW market growth in this region. Europe, on the other hand, is set to remain in the second position stoked by the presence of major companies, such as Saab AB, BAE Systems, and Thales Group in this region. Also, the rising investments in the development and procurement of electronic warfare systems would augment growth.

Global Electronic Warfare Market Size, Share Analysis by Region 2018-2027

During the projected time, the Asia-Pacific region is expected to grow the fastest. Asia-Pacific countries are driving their fastest growth in the electronic warfare industry by rapid growth in military spending. Military spending in few nations, such as Cambodia, Bangladesh, Indonesia and China, is increasing significantly between 2018 and 2025. Countries such as Vietnam, the Philippines, Myanmar, Kyrgyzstan, Pakistan, Nepal and India have also seen significant increases in that time. In the midst of their political and territorial issues, the countries are investing in the development of new electronic warfare systems.

Global Electronic Warfare Market Study Objective

1. To forecast the market size of electronic warfare market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of electronic warfare market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of electronic warfare market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of electronic warfare market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the electronic warfare market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Martin, Harris, Rockwell Collins, SAAB, Boeing, Northrop Grumman, BAE Systems, and Thales are some of the key players in the market of electronic warfare. In order for companies to become marketplaces, they are undertaking strategic initiatives in both developed and developing countries, such as fusions and acquisitions, new product development and risk capital investments. Industries invest in technological solutions to improve distribution, front end sales and service to customers.

Global Electronic Warfare Market Study Report Offer You!

The global electronic warfare market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.