The global electronic warfare systems market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Significant technological advancements as well as integration of electronics in military equipment are resulting in a shift toward multi-layered defense systems, which is expected to boost the electronic warfare market, during the forecast period. In addition, the increase in the use of UAV systems and the need for ground surveillance and communication jamming serve as opportunities for the digital warfare market.
The growing frequency of bilateral militarized conflicts among countries is progressing at a rapid pace, which has caused the growing need for defense forces of countries to bolster their safety features. New weapons and combat systems are being developed to cater to warfare needs. The advent of digital battlefields has propelled the incorporation of digital battle technology in all protection systems used during combat missions. These systems have resulted in a change within the procurement priorities of countries to hold pace with rising warfare needs.
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The global electronic warfare systems market analysis includes some of the key market players such as BAE Systems Plc., Northrop Grumman Corporation, Raytheon Technologies Corporation, Lockheed Martin Corporation, Thales Group, L3Harris Technologies, Inc., Israel Aerospace Industries, and SAAB AB, among others. In order to maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered
· Regions Covered- Globally
· Competitive Landscape: BAE Systems Plc., Northrop Grumman Corporation, Raytheon Technologies Corporation, Lockheed Martin Corporation, and SAAB AB, among others.
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Global Electronic Warfare Systems Market By Segment
By Capability
• Support
• Attack
• Protection
By Platform
• Airborne
• Naval
• Ground
• Space
By Product
• EW Equipment
• EW Operational Support
Global Electronic Warfare Systems Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
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