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Electronic Warfare Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 294 | Report ID: MRS1162


Report Description

The global Electronic Warfare market size is estimated at USD 16,680.8 million in 2020, expanding at a CAGR of 5.1% from 2021 to 2027 to reach 17,700.4 million USD in 2027.

Market Dynamics

Increasing transnational and regional instabilities are a major factor driving market growth. Another major factor driving market growth is the increasing emphasis on cognitive electronic warfare technology, which will drive demand for electronic warfare over the forecasted period. The lack of demand from developing countries, which still rely on traditional means and methods of warfare rather than electronic warfare equipment and mode, is a factor restraining market growth.

Electronic warfare is defined as warfare carried out using the electromagnetic spectrum. Electronic warfare employs radio waves or laser light to confuse or disable the enemy's electronics. It may entail listening to or collecting enemy radio signals or sensing an incoming missile's radar. Advanced electronic attack solutions are used to deliver non-kinetic and digital effects while also protecting the platforms.

Regional Insights

North America is forecasted to hold the largest share in the market due to rising insurgencies, territorial disputes, terrorism, and unrest with other nations, thus driving the global market upwards till 2028. Nations like Russia, China, North Korea, and Iran are involved in the act of modernizing their Electronic Warfare equipment in a bid to hold a better share in the market. Acts like these will help foster the growth of the market over the forecasted period.

Segment Insights

The Electronic Warfare market is fragmented into equipment, platform, and capability segments. Based on the equipment, Digital Radio Frequency Memory Jammers have become the core of jamming electronic systems. The device comes with a storage method in which the signal from the radar is stored and then retransmitted to the threat. Radar jamming is the type of electronic countermeasure, which reduces the enemy radar systems. Generally, this is done by the emission of radio signals. Based on capability, the segment for electronic support is expected to have the highest growth rate during the forecast period.

Competitive Insights

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Electronic Warfare by capability, platform, equipment, and region. In addition, this report introduces the market competition situation among the vendors, and the company profile, besides, market price analysis, and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Lockheed Martin
  • Harris
  • Rockwell Collins
  • SAAB Sa
  • Boeing
  • Northrop Grumman
  • BAE Systems
  • Thales
  • Textron
  • L3 Technologies

Capability Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Electronic Support
    • Signal Intelligence
    • Electronic Intelligence
    • Communication Intelligence
    • Others
  • Electronic Attack
    • Active
    • Passive
  • Electronic Protective
    • Anti-Active
    • Anti-Passive

Platform Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Aerial
    • Fighter Jets
    • Transport aircraft
    • Special Mission Aircraft
    • Unmanned Aerial Vehicle (UAV)
  • Land
    • Vehicle Mounted
    • Soldiers
    • Base Stations
  • Naval
    • Ships
    • Submarines
    • Unmanned Marine Vehicles
  • Space

Equipment Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Electronic Warfare Equipment
    • Jammers
    • Self-Protective EW suite
    • Directed Energy Weapons
    • Direction Finders
    • Directional Infrared Countermeasure
    • Anti-Radiation missile
    • Antennas
    • IR Missile Warning System
    • Identification friend or foe
    • Laser Warning System
    • Electromagnetic shielding/hardening material
    • Radar warning receiver
    • Counter UAV
    • Interference mitigation system
    • Electromagnetic pulse weapons
  • Electronic warfare operational support
    • Software
    • Training & Simulation

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

Frequently Asked Questions

The global Electronic Warfare market size is estimated at USD 16,680.8 million in 2020, expanding at a CAGR 5.1% from 2021-2027 to reach 17,700.4 million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Electronic Warfare market size is expanding at a CAGR 5.1% from 2021-2027 to reach 17,700.4 million USD in 2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide Electronic Warfare market is extremely competitive, with an increasing number of participants. Local merchants are promoting low-cost items in an attempt to capture industry dominance. Key businesses are developing stronger and more innovative items in order to acquire a wide amount of consumers and supply them with higher-quality goods.

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