Electronic Warfare Industry Market size was valued at USD 19.3 Billion in 2023 and the 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 Overview
Maximise Market Research is a business consultancy firm that has produced a complete research of the “Electronic Warfare Industry Market”. The research covers essential business insights, demand analysis, pricing analysis, and the competitive landscape. The analysis in the report takes an in-depth look at the present state of the Electronic Warfare Industry industry, with projections out to 2030.
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Electronic Warfare Industry Market Dynamics:
Increasing the use of modern electronic and associated equipment.
The rising usage of advanced electronic and associated equipment, as well as weapon systems, is a crucial driver of the worldwide electronic warfare industry market’s growth. The rapid adoption of these technologies has created a demand for electronic warfare systems capable of detecting and countering possible threats. As a result, defence organisations and armed personnel are investing in electronic warfare capabilities to improve situational awareness and protect against emerging electromagnetic threats.
Electronic Warfare Industry Market Scope and Methodology:
The market research report Electronic Warfare Industry offers in-depth information on key themes, such as those expected to drive the industry’s growth and imminent challenges. Stakeholders will have a complete awareness of the sector’s competitive landscape, investment prospects in the Electronic Warfare Industry industry, and items promoted by well-known brands. The study looks at the industry’s quantitative and qualitative components. One of the things the MMR probe investigates is a complete review of the competition in the Electronic Warfare Industry Market.
The report includes a complete list of needs, as well as detailed justifications for each. When developing the Electronic Warfare Industry Market, a variety of main and secondary information sources were considered, including official government papers, websites, yearly reports, and expert and professional opinions.
Segmentation: The Art of Unveiling
by Capability
Support
Attack
Protection
The electronic warfare market is divided into three segments based on capability: protection, attack, and support. In 2022, electronic support controlled the market. During the projected period, the electronic support segment is expected to grow the most rapidly. Intelligence, surveillance, and reconnaissance (ISR) has improved militaries’ situational awareness and, consequently, decision-making processes. During the projected period, the defence sector’s rising emphasis on situational awareness capabilities is expected to boost the electronic warfare support industry.
by Product
Equipment
Jammers
Self-Protection EW Suite
Directed Energy Weapons
Anti-radiation Missiles
Antennas
Direction Finders
Others
Operational Support
Software
Simulation
The electronic warfare industry market is classified into two segments based on product: equipment and operational support. The equipment segment is expected to account for the majority of market share during the forecast period, owing to increased procurement of electronic warfare equipment for the upgrade of various platforms such as naval vessels, land vehicles, and aircraft, which offers benefits such as advanced electronic protection, electronic attack, and electronic support applications.
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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)
Regional Revelations
The market size, growth rate, import and export by region, and other pertinent data are all carefully examined in this study. The geographical analysis of the research makes it simple to comprehend the Electronic Warfare Industry market conditions in various nations. The Electronic Warfare Industry market is made up of the markets in North America, Europe, South America, Asia Pacific, and the Middle East.
Key questions answered in the Electronic Warfare Industry Market are:
- What is Electronic Warfare Industry?
- What was the Electronic Warfare Industry market size in 2023?
- 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 is the CAGR at which the Electronic Warfare Industry market will grow during the forecast period?
- What are the different segments of the Electronic Warfare Industry Market?
- Which is the fastest growing region in the Electronic Warfare Industrymarket?
- What growth strategies are the players considering to increase their presence in Electronic Warfare Industry?
- What are the upcoming opportunities and trends for the Electronic Warfare Industry Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Electronic Warfare Industry Market?
- Who are the leading companies and what are their portfolios in Electronic Warfare Industry Market?
- What segments are covered in the Electronic Warfare Industry Market?
- Who are the key players in the Electronic Warfare Industry market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- 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
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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