Feb 20, 2018,

The global electronic warfare market, valued at US$13.6 billion in 2017, is projected to grow at a CAGR of 2.64% over the forecast period, to reach US$17.7 billion by 2027 and cumulatively value US$169.4 billion. Global electronic warfare market includes three segments, being electronic protection, electronic attack, and electronic warfare support. The largest share in the global market for electronic warfare is projected to be accounted for by electronic protection systems with an estimated 59% over the forecast period.

Electronic Warfare systems are playing a vital role in warfighter detecting, preventing, deterring, and defeating attacks by aircraft, UAVs, missiles, radars, maritime vessels, hostile space systems, and cyber threats.

Electronic protection will be followed by electronic warfare support systems, which are projected to garner a share of more than 30% in the global market during 2017-2027. The remainder of about 9% will be accounted for by electronic attack systems.

North America is expected to witness defence budget cuts during the forecast period; the region’s expenditure on electronic warfare systems is expected to account for a majority 45% share of global spending during the forecast period. The US military has continued to make robust related investments in the electronic warfare systems domain, a trend that is expected to continue over the forecast period.

One of the major trends currently being witnessed in the US market is an increase in the sheer volume of sales in the electronic warfare market. Segment wise, electronic protection is estimated to account for the largest share of about 59% of spending over the forecast period. With a steady growth of Network-centric warfare (NCW), the importance of using electromagnetic (EM) spectrum is rapidly rising in modern battle spaces.

The dependence on cyberspace for the command and control functions is increasing exponentially, which makes the electromagnetic spectrum vulnerable to the emerging domains of electronic and cyber warfare. This, in turn, has led to the growing need for advanced electronic protection and countermeasure systems across the world.

Electronic Warfare Market

Contents of the Report

  • Table of Contents
  • Executive Summary
  • Global Electronic Warfare Market – Overview
  • Market Dynamics
  • Electronic Warfare Market – Segment Analysis
  • Regional Review
  • Electronic Warfare Market – Regional Analysis
  • Trend Analysis – Key Defense Markets
  • Key Programs Analysis
  • Competitive Landscape Analysis

Key benefits of buying this profile include:

  • Determine prospective investment areas based on a detailed trend analysis of the global electronic warfare market over the next ten years
  • Gain in-depth understanding about the underlying factors driving demand for different electronic warfare segments in the top spending countries across the world and identify the opportunities offered by each of them
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
  • Identify the major channels that are driving the global electronic warfare market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global electronic warfare market
  • Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top electronic warfare system providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.

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