Electronic Warfare Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global electronic warfare market size reached US$ 17.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
Electronic warfare is used by armed forces to provide intelligence and combat power. It involves the use of signals intercepting, locating, identifying, analyzing, detecting, jamming, disrupting, deceiving, protecting, and cryptanalyzing. It can be configured for a variety of missions using a host of different subsystems. Nowadays, various elements like radar detectors and jammers are utilized in electronic warfare, which is becoming more sophisticated. As a result, new optronic sensors are gaining widespread adoption as complementary elements to improve the range, sensitivity, spectral domain, and angular search domain of the overall electronic warfare system.
Electronic Warfare Market Trends:
Modern military capabilities and warfighters considerably rely on the electromagnetic spectrum to communicate with commanders, understand the environment and inform decisions, identify and engage targets accurately, and protect themselves from harm. This represents one of the key factors driving the need for electronic warfare systems around the world to protect the access and use of the spectrum from adversaries and assist military leaders in maintaining a strategic edge on a modern battlefield. In addition to this, due to a rise in regional conflicts and geopolitical tensions between countries, defense organizations of numerous countries are adopting innovative strategies that keep warfighters safe from emerging threats. This, in turn, is contributing to the market growth. Apart from this, the increasing number of digital attacks and cybersecurity threats are catalyzing the adoption of advanced surveillance, intelligence, and self-protection capabilities across the globe. Moreover, researchers are focusing on developing self-protection systems that are capable of diverting radar-homing missiles away from aircraft and jamming enemy radars. Such innovations are anticipated to provide a positive outlook for the market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global electronic warfare market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, equipment, capacity and platform.
Breakup by Product:
EW Equipment
EW Operational Support
Breakup by Equipment:
Jammer
Countermeasure System
Decoy
Directed Energy Weapon
Others
Breakup by Capacity:
Electronic Protection
Electronic Support
Electronic Attack
Breakup by Platform:
Land
Naval
Airborne
Space
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aselsan A.S, BAE Systems plc, Elbit Systems Ltd., General Dynamics Corporation, Israel Aerospace Industries, L3Harris Technologies Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Teledyne Technologies Incorporated, Textron Inc., Thales Group and The Boeing Company.
Key Questions Answered in This Report
1. What was the size of the global electronic warfare market in 2022?
2. What is the expected growth rate of the global electronic warfare market during 2023-2028?
3. What are the key factors driving the global electronic warfare market?
4. What has been the impact of COVID-19 on the global electronic warfare market?
5. What is the breakup of the global electronic warfare market based on the product?
6. What is the breakup of the global electronic warfare market based on the capacity?
7. What is the breakup of the global electronic warfare market based on the platform?
8. What are the key regions in the global electronic warfare market?
9. Who are the key players/companies in the global electronic warfare market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Electronic Warfare Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Product
- 6.1 EW Equipment
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 EW Operational Support
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 7 Market Breakup by Equipment
- 7.1 Jammer
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Countermeasure System
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Decoy
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Directed Energy Weapon
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 8 Market Breakup by Capacity
- 8.1 Electronic Protection
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Electronic Support
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Electronic Attack
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 9 Market Breakup by Platform
- 9.1 Land
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Naval
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Airborne
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Space
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Aselsan A.S.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.2 BAE Systems plc
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Elbit Systems Ltd.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.4 General Dynamics Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Israel Aerospace Industries
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 L3Harris Technologies Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 Leonardo S.p.A.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Lockheed Martin Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Northrop Grumman Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Raytheon Technologies Corporation
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 Saab AB
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 Teledyne Technologies Incorporated
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.13 Textron Inc.
- 15.3.13.1 Company Overview
- 15.3.13.2 Product Portfolio
- 15.3.13.3 Financials
- 15.3.13.4 SWOT Analysis
- 15.3.14 Thales Group
- 15.3.14.1 Company Overview
- 15.3.14.2 Product Portfolio
- 15.3.14.3 Financials
- 15.3.14.4 SWOT Analysis
- 15.3.15 The Boeing Company
- 15.3.15.1 Company Overview
- 15.3.15.2 Product Portfolio
- 15.3.15.3 Financials
- 15.3.15.4 SWOT Analysis
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