Global Land-based Electronic Warfare Market

Global Land-based Electronic Warfare Market

The global Land-based Electronic Warfare market size was valued at $4.64 Billion in 2020 growing at the CAGR of 5.84% from 2021 to 2028. This growth is attributed to several macro and microeconomic factors such as

Growing need for surveillance, and intelligence

The demand for electronic warfare has increased among the military and governments because of the growth in the use of electronic warfare systems such as surveillance radar, directed radio waves, and missiles. The growing need to secure ports, critical infrastructures, buildings among others is a factor that could help propel the demand for land-based electronic warfare markets. Electronic warfare assists in the smooth functioning of electronic surveillance, that are used by the army for two reasons: to get advanced warnings about an enemy's activities and to gather intelligence on a potential threat. The importance of electronic warfare (EW) has gained momentum rapidly with advancements in technologies – both in warfare and the civil arena. EW exploits the electromagnetic spectrum (EMS) and makes sense of radio signals to control it for offensive and defensive actions by conveying microwave energy and other electrical waves to affect any device emitting them. The ability to intercept and decipher information has never been more important, with threats coming from every angle and across social media, text messages, and phone calls. This cutting-edge software is used by intelligence agencies around the world, ensuring they can stay one step ahead of their enemies' defenses at all times.

A growing number of cities are utilizing augmented surveillance technologies to watch, track, and surveil citizens to track their policies—some of which bust criminals or prevent crimes from happening without violating people's rights. Therefore as the need for surveillance and intelligence grows, the demand for Land-based Electronic Warfare is surging high.

Further several factors restraining the market growth include

Vulnerability of electronic warfare systems to cyber-attacks

Recent advances in military technology have increased the vulnerabilities of electronic warfare systems to cyber-attacks. For example, unmanned vehicles and radar sensors. However, because these devices rely on wireless connections to function properly, they could easily be compromised by jamming devices or hacking signals, which can overall compromise the command and control network or disable functions altogether. Electronic warfare systems protect and bring security to the defense infrastructure of a country. These systems run on electromagnetic radiation by transmitting data securely. Cyber-attacks are major threats to electronic warfare systems as they create hindrances or block access to the electromagnetic spectrum such as denial-of-service attacks. Protection against cyber-attacks is very crucial for the survival of an electronic warfare system in a military environment. Cybercriminals are increasingly having a field day and exploiting the vulnerabilities of electronic warfare systems, attacking critical infrastructures such as communication, defense, power supply, and surveillance. Cyber-attacks can be conducted from anywhere on Earth via remote control and thus electronic warfare is at risk of being severely affected due to the spike in cyber-attacks. This has led to a reduction in the market size for EW systems across the globe.

Collaborations and Alliances in the Land-based Electronic Warfare market is expected to generate higher avenues during the forecast period.

In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Land-based Electronic Warfare market. The pandemic has caused a decline in new orders and a corresponding decrease in production.

This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Land-based Electronic Warfares.

In terms of COVID 19 impact, the Land-based Electronic Warfare market report also includes the following data points:

Impact on Land-based Electronic Warfare market size
Operating Weights Trend, Preferences, and Budget Impact
Regulatory Framework/Government Policies
Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
Opportunity in Land-based Electronic Warfare market

Key Insight in the report:
The global Land-based Electronic Warfare market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.

Our report covers extensive competitive intelligence which includes the following data points:

Business Overview
Business Segment Data
Financial Data
Product Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis

Land-based Electronic Warfare Market Segmentation:

Capability
Electronic Protection
Electronic Support
Electronic Attack
Product
Equipment
Operational Support
Operation
Semi-autonomous
Fully Autonomous
End User
Military Vehicle
Soldier Carried
Ground Stations

Region/ Countries Covered:

North America
US
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Rest of the World
South America
Middle East & Africa

Key Players Analyzed in the Report:

Lockheed Martin Corporation
Thales Group
L3Harris Technologies, Inc.
Leonardo
Northrop Grumman Corporation
Raytheon Technologies
Israel Aerospace Industries
Saab
Cobham Advanced Electronic Solutions
General Dynamics Mission Systems, Inc

REPORT CONTENT:

High-level analysis of the current and future market trends and opportunities
Detailed analysis on current market drivers, restraining factors, and opportunities in the future
Land-based Electronic Warfare market estimates for 2020 and forecast from 2021 to 2028
Vendor market share analysis at each product level
Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.

Target Audience

Manufacturers
Suppliers and traders
Government, associations, and industrial bodies
Investors and trade experts
Consulting Firms or Individual Consultant
Anyone interested in understanding the industry dynamics of the Land-based Electronic Warfare market