Global Electronic Warfare Market 2023-2027

Global Electronic Warfare Market 2023-2027

The electronic warfare market is forecasted to grow by USD 6361.42 mn during 2022-2027, accelerating at a CAGR of 5.54% during the forecast period. The report on the electronic warfare market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of UAVs in electronic warfare, growing prominence of crew systems, and importance of intelligence gathering.

Technavio's electronic warfare market is segmented as below:

By Application

• Support
• Protection
• Attack

By Platform

• Airborne
• Ground
• Naval
• Space

By Geographical Landscape

• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the adoption of OpenRFM architecture as one of the prime reasons driving the electronic warfare market growth during the next few years. Also, developments in next-generation jammer technology and advances in electronic warfare equipment will lead to sizable demand in the market.

The report on the electronic warfare market covers the following areas:

• Electronic warfare market sizing
• Electronic warfare market forecast
• Electronic warfare market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electronic warfare market vendors that include Airbus SE, ASELSAN AS, BAE Systems Plc, Cobham Ltd., Elbit Systems Ltd., General Dynamics Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Mercury Systems Inc., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, Sierra Nevada Corp., SRC Inc., Teledyne Technologies Inc., Terma AS, Thales Group, and The Boeing Co.. Also, the electronic warfare market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.