USD 18.73 billion
Global Electronic Warfare Market Size, Share, Growth Analysis, By Type(Electronic Support (ES), Electronic Attack (EA) and Electronic Protection (EP)), By Platform(Airborne, Naval) - Industry Forecast 2023-2030
Report ID:
SQMIG45I2184 |
Region:
Global |
Published Date: February, 2024
Pages:
197
|
Tables:
62 |
Figures:
75
Global Electronic Warfare Market Insights
Electronic Warfare Market size was valued at USD 18.73 billion in 2022 and is poised to grow from USD 19.70 billion in 2023 to USD 29.55 billion by 2031, growing at a CAGR of 5.2% during the forecast period (2024-2031).
The market expansion is driven by advancements across the electromagnetic spectrum. The increased use of electronic devices, equipment, and weapon systems has necessitated the development of electronic warfare systems to detect and counter these threats. Favorable market growth is projected in the coming years due to technological advancements in the electronics field, as well as the rising adoption of electro-optic, infrared, and visual techniques like laser. Electronic warfare has become an integral component of the strategic landscape for military personnel, with cold wars, political conflicts, and territorial disputes expected to positively impact the market. The increasing popularity of compact electronic systems that can be integrated into platforms such as patrol vessels and unmanned aerial vehicles (UAVs) will also drive market growth. The adoption of electronic warfare systems is crucial for naval vessels and stealth aircraft, which are difficult to track or detect. However, challenges may arise from defense budget cuts in the U.S. and Europe, as well as economic concerns in developing regions, potentially hindering market growth. The market offers opportunities for growth through the development of faster and more efficient systems that can reduce time lag. Key types of electronic warfare include Electronic Counter Measures (ECM), Electronic Counter-Counter Measures (ECCM), and Electronic Support Measures (ESM). The electronic warfare market is characterized by fragmentation, with numerous industry players employing mergers, acquisitions, and joint ventures as part of their growth strategies. For example, the Javelin Joint Venture is a collaboration between Raytheon and Lockheed Martin.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Electronic Support (ES)
Fastest Growth
Electronic Attack (EA)
Growth Rate
5.2% CAGR
Global Electronic Warfare Market ($ Bn)
Country Share for North America Region (%)
Global Electronic Warfare Market Size By Type ($ Bn)
Global Electronic Warfare Market Size By Type (%)
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Global Electronic Warfare Market Segmental Analysis
The global electronic warfare market is segmented on the basis of type, platform, and region. Based on type, the market can be segmented into electronic support (ES), electronic attack (EA), and electronic protection (EP). Based on platform, the market is segmented into airborne, naval, and ground-based. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Electronic Warfare Market Analysis by Type
By type, the market can be segmented into electronic support (ES), electronic attack (EA) and electronic protection (EP). The Electronic Support (ES) segment dominated the electronic warfare market. ES systems are primarily responsible for detecting and intercepting enemy radar and communication signals, providing valuable intelligence and situational awareness to military forces. With the increasing emphasis on intelligence gathering and surveillance capabilities, ES systems continue to witness high demand and deployment across various platforms, including airborne, naval, and ground-based systems.
The EA segment is experiencing substantial growth driven by advancements in technology and the evolving nature of electronic warfare threats. As adversaries continue to develop sophisticated electronic systems, there is a growing demand for advanced EA systems capable of countering these threats effectively. The rapid development of electronic warfare technologies, including advanced jamming techniques, directed energy weapons, and anti-radiation missiles, contribute to the fast-paced growth of the EA segment in the market.
Electronic Warfare Market Analysis by Platform
By platform, the market can be segmented into airborne, naval and ground-based. Airborne segment dominated the electronic warfare market, driven by the increasing deployment of electronic warfare systems on airborne platforms such as fighter jets, unmanned aerial vehicles (UAVs), and surveillance aircraft. Airborne systems offer several advantages, including wide-area coverage, increased mobility, and rapid response capabilities, making them an essential tool for modern warfare. The dominance of the airborne segment is expected to continue due to the growing importance of airborne electronic warfare in future military operations.
The ground-based segment is experiencing steady growth, driven by the increasing demand for ground-based electronic warfare capabilities. As adversaries develop sophisticated electronic systems, there is a growing need for advanced ground-based electronic warfare systems capable of countering these threats. The integration of advanced technologies, including artificial intelligence, machine learning, and adaptive algorithms, has led to the development of more capable and efficient ground-based electronic warfare systems, contributing to their steady growth in the market.
Global Electronic Warfare Market Size By Type (%), 2022 (%)
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Global Electronic Warfare Market Regional Insights
North America dominated the electronic warfare market, driven by the presence of established defense industries, technological advancements, and high defense spending. The region is home to major players in the market, including leading defense contractors and manufacturers. The United States, in particular, plays a crucial role in shaping the market dynamics due to its robust defense capabilities and significant investments in electronic warfare systems. The country's military modernization programs and focus on maintaining technological superiority contribute to the dominance of North America in the market.
The APAC region is witnessing rapid growth in the electronic warfare market. Factors such as increasing defense budgets, geopolitical tensions, and territorial disputes drive the demand for advanced electronic warfare systems. Countries like China, India, and Japan are investing heavily in upgrading their military capabilities, including electronic warfare, to ensure regional security and maintain a competitive edge. The growing military modernization efforts in APAC, coupled with advancements in electronic technologies and the rising adoption of unmanned systems, contribute to the region's status as the fastest-growing market for electronic warfare.
Global Electronic Warfare Market By Geography, 2024-2031
- Largest
- Fastest
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Global Electronic Warfare Market Dynamics
Electronic Warfare Market Drivers
Increasing adoption of advanced electronic and associated equipment
- One significant driver propelling the growth of the global electronic warfare market is the increasing adoption of advanced electronic and associated equipment, as well as weapon systems. The widespread use of these technologies has created a demand for electronic warfare systems that can detect and counter potential threats effectively. As a result, defense organizations and military forces are investing in electronic warfare capabilities to ensure enhanced situational awareness and protection against evolving electromagnetic threats.
Electronic Warfare Market Restraints
Potential impact of defense budget cuts
- A notable restraint challenging the growth of the global electronic warfare market is the potential impact of defense budget cuts in key regions such as the United States and Europe. Reductions in defense spending can limit the resources available for the development and procurement of advanced electronic warfare systems. Additionally, economic concerns in developing regions may hinder their ability to allocate significant funds towards upgrading their military capabilities. These factors can pose challenges to market expansion and the adoption of advanced electronic warfare technologies.
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Global Electronic Warfare Market Competitive Landscape
The global electronic warfare market is characterized by intense rivalry among a diverse range of industry participants. Companies are actively engaged in mergers, acquisitions, and strategic partnerships to strengthen their market presence and expand their product portfolios. Emphasis is placed on research and development activities to introduce innovative solutions that offer enhanced capabilities. Additionally, companies are focusing on collaborations with government agencies and defense organizations to secure contracts and establish long-term relationships. The competitive landscape is dynamic, with players striving to gain a competitive edge through technological advancements and efficient customer support services.
Top Player’s Company Profiles in Electronic Warfare Market
- Raytheon Company (US)
- Thales Group (France)
- Saab AB (Sweden)
- L3Harris Technologies, Inc. (US)
- Leonardo S.p.A. (Italy)
- Harris Corporation (US)
- Elbit Systems Ltd. (Israel)
- Israel Aerospace Industries Ltd. (Israel)
- Rheinmetall AG (Germany)
- Cobham plc (UK)
- FLIR Systems, Inc. (US)
- Teledyne Technologies Incorporated (US)
- Kratos Defense & Security Solutions, Inc. (US)
- Mercury Systems, Inc. (US)
- Airbus Defense and Space (France)
- General Dynamics Corporation (US)
- Electronic Warfare Associates, Inc. (US)
Global Electronic Warfare Market Recent Developments
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In January 2024, Southeast University in Nanjiang China have revealed the design of their new generation electronic warfare (EW) weapon in a peer-reviewed journal. Unlike other EW weapons known so far, the Chinese-developed weapon can allegedly launch multiple beams of electromagnetic waves from a single antenna and target multiple objects simultaneously.
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In February 2023, DISA launched cloud-based electronic warfare planning tool. The cloud-based Electromagnetic Battle Management-Joint tool, or EMBM-J, collates multiple streams of data into a simplified, shared interface for commanders.
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In February 2023, Raytheon Technologies announced the launch of its new electronic warfare system, the Next Generation Jammer-Low Band (NGJ-LB).
Global Electronic Warfare Key Market Trends
- One key market trend in the global electronic warfare market is the increasing focus on developing and integrating artificial intelligence (AI) capabilities into electronic warfare systems. AI offers the potential to enhance decision-making, automate processes, and improve the effectiveness of electronic warfare operations. The utilization of AI algorithms for real-time threat analysis, target identification, and adaptive response mechanisms can significantly enhance situational awareness and reduce response times. This trend reflects the growing recognition of AI's transformative potential in improving the capabilities and effectiveness of electronic warfare systems in complex and dynamic operational environments.
Global Electronic Warfare Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global electronic warfare market analysis, the development across the electromagnetic spectrum, along with the widespread use of electronic and associated equipment, is driving the demand for electronic warfare systems. Technological advancements in electronics, adoption of electro-optic techniques, and increasing integration of small electronic systems within platforms like unmanned aerial vehicles (UAVs) are expected to favorably impact market growth. North America dominated the market, attributed to its robust defense industry and high defense spending, while the Asia-Pacific region emerges as the fastest-growing market due to increasing defense budgets and geopolitical tensions. However, challenges such as defense budget cuts and economic concerns in certain regions may hinder market growth. Moreover, the integration of artificial intelligence into electronic warfare systems is a significant trend, offering opportunities to enhance decision-making and operational effectiveness.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 18.73 billion |
| Market size value in 2031 | USD 29.55 billion |
| Growth Rate | 5.2% |
| Base year | 2022 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Electronic Warfare Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Electronic Warfare Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Electronic Warfare Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Electronic Warfare Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Electronic Warfare Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Electronic Warfare Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Electronic Warfare Market Report Snapshots
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