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.
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
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Capability
- By Platform
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including BAE Systems, Inc., L3Harris Technologies, Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., and others.
Electronic Warfare Market Report Segment
By Capability
- Electronic Attack
- Electronic Protection
- Electronic Support
By Platform
- Air
- Sea
- Land
- Space
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Electronic Warfare Market Report Segment 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
- Latin America
- Middle East and Africa
Company Profiles
- ASELSAN A.?.
- Elbit Systems Ltd.
- General Dynamics Mission Systems
- HENSOLDT AG
- Israel Aerospace Industries Ltd.
- Leonardo S.p.A.
- Saab Group
- Thales Group
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- Over 100+ paid data sources mined for investigation.
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