Electronic Warfare Market to Witness Robust Expansion by 2028

The global electronic warfare market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. One of the key factors that are boosting the growth of the market includes the growing demand for a specific type of electronic warfare within the forces which has led to the contractions between the governments and manufacturers for making such equipment for the forces. For instance, in July 2021, Aselsan informed about completing the delivery to the Turkish Armed Forces (TAF) of the Next-Generation Electronic Attack System SANCAK (MILKAR-4A2 high-frequency jamming system). The electronic countermeasure system was created for attacking electronic operations against high-frequency band communication systems that are located on diverse platforms in the field.

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Furthermore, in November 2020, Elisra Group, an Elbit Systems Ltd. subsidiary, awarded an agreement worth $24.9 million from Hindustan Aeronautics Ltd. (HAL) for developing the electronic warfare suite for the indigenous Light Combat Aircraft (LCA) Tejas Mk1A aircraft was being constructed for the Indian Air Force. Moreover, in October 2020, Northrop Grumman Corp. received a manufacturing agreement of $100.7 million for AN/SLQ-32(V)7 SEWIP Block 3 systems from the US Navy. The system is applicable to surface combatants such as military surface vessels for defeating emerging and legacy anti-ship threats by using non-kinetic/electronic attack methodologies. All such collaborations had been contributing to the market, and showing great future potential in the market.

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  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Global Electronic Warfare Market Report Segment

By Capability

  • Electronic Attack
  • Electronic Protection
  • Electronic Support

By Platform

  • Air
  • Sea
  • Land
  • Space

Global Electronic Warfare Market Report Segment by Region

North America

  • US
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global electronic warfare market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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