Electronic Warfare Industry Market Size, Growth, Statistics & Forecast Research Report 2024-2030

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The growing military modernization efforts in APAC, coupled with advancements in electronic technologies and the rising adoption of unmanned systems

Electronic Warfare Industry Market Growth Rate Forecast:

Electronic Warfare Industry Market revenue is expected to reach USD 25.81 Billion by 2030, at a CAGR of 4.6 % over the forecast period.

Electronic Warfare Industry Market Growth or Demand Increase or Decrease for what contains ?

The Electronic Warfare (EW) Industry involves the use of electromagnetic spectrum (EM spectrum) or directed energy to control the spectrum, attack adversaries, or obstruct hostile attacks. EW aims to deny enemy advantages over the EM spectrum while ensuring unrestricted access for friendly forces, and it can be utilized by both manned and unmanned systems across air, sea, land, and space.

The frequency of bilateral military confrontations between countries is rapidly growing, demanding greater reliance on countries' defence forces to strengthen their security measures. To fulfil battle demands, the Electronic Warfare Industry Market is developing new weaponry and fighting systems. Because of the advancement of digital battlefields, electronic warfare technology is now integrated into all defence systems used during combat missions. As a result of these systems, governments' procurement priorities have evolved to meet emerging wartime requirements.

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Electronic Warfare Industry Market Overview:

Maximise Market Research gives clients a complete picture of the competitive landscape, making it a useful resource for strategic planning. The comprehensive Electronic Warfare Industry Market overview provides detailed information on market size, trade data, key players, and a variety of industry indicators such as life cycle and current trends.

Electronic Warfare Industry Market Segmentation:

  • By Capability:

    • Support: Dominated the market in 2022, driven by the increasing focus on situational awareness and intelligence, surveillance, and reconnaissance (ISR).
    • Attack
    • Protection
  • By Product:

    • Equipment: Expected to account for the majority market share, includes:
      • Jammers
      • Self-Protection EW Suite
      • Directed Energy Weapons
      • Anti-radiation Missiles
      • Antennas
      • Direction Finders
      • Others
    • Operational Support
      • Software
      • Simulation
  • By Platform:

    • Airborne: Dominated the market due to the deployment of EW systems on platforms like fighter jets, UAVs, and surveillance aircraft.
    • Land: Steady growth driven by demand for advanced land EW capabilities.
    • Naval
    • Space

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Electronic Warfare Industry Market Scope Methodology:

The Electronic Warfare Industry market is fiercely competitive in terms of technological advancement, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive analysis of the Electronic Warfare Industry Market's drivers, limitations, opportunities, and challenges. The Electronic Warfare Industry market estimations and growth rates were calculated using a bottom-up methodology.

To get insight into Electronic Warfare Industry Market penetration, price dynamics, demand analysis, and competitive landscape, the report conducted regional studies at the local, regional, and worldwide levels. Essential information on the Electronic Warfare Industry Market, including firms, investors, and new entrants, is provided to help with the development of marketing strategies and investment plans.

The Electronic Warfare Industry Market was studied utilising both primary and secondary data collection approaches. Primary methods included surveys, questionnaires, and interviews with industry executives and business owners, while secondary data sources included news announcements, annual and financial reports, white papers, and so on. The SWOT analysis highlighted market vulnerabilities and weaknesses, and the PORTER framework evaluated industry competitiveness in the energy-efficient lighting sector.

Electronic Warfare Industry Market Growth or Demand in which regions?

North America:

North America dominated the electronic warfare industry market, owing to the presence of established defence companies, technical breakthroughs, and significant defence spending. The region is home to important market players, including top defence contractors and manufacturers. Because of its strong defence capabilities and large investments in electronic warfare systems, the United States in particular has a significant impact on the electronic warfare sector market dynamics. The country's military modernization programmes, as well as its emphasis on retaining technological superiority, contribute to North America's market leadership.

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Electronic Warfare Industry Market Key Players:

1. BAE Systems Plc (UK)
2. Lockheed Martin Corporation (US)
3. Raytheon Company (US)
4. Northrop Grumman Corporation (US)
5. Thales Group (France)
6. Saab AB (Sweden)
7. L3Harris Technologies, Inc. (US)
8. Leonardo S.p.A. (Italy)
9. Harris Corporation (US)
10. Elbit Systems Ltd. (Israel)
11. Israel Aerospace Industries Ltd. (Israel)
12. Rheinmetall AG (Germany)
13. Cobham plc (UK)
14. FLIR Systems, Inc. (US)
15. Teledyne Technologies Incorporated (US)
16. Kratos Defense Security Solutions, Inc. (US)
17. Mercury Systems, Inc. (US)
18. Airbus Defense and Space (France)
19. General Dynamics Corporation (US)
20. Electronic Warfare Associates, Inc. (US)

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Key questions answered in theElectronic Warfare Industry Market are:

  • What is Electronic Warfare Industry Market?
  • What is the growth rate of the Electronic Warfare Industry Market?
  • Which are the factors expected to drive the Electronic Warfare Industry Market growth?
  • What are the different segments of the Electronic Warfare Industry Market?
  • What are the factors restraining the growth of the Electronic Warfare Industry Market?
  • What is the demand pattern of the Electronic Warfare Industry Market?
  • What major challenges could the Electronic Warfare Industry Market face in the future?

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, Size Forecast by different segment |
  • Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape Profiles of selected key players by region from a strategic perspective

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