Electronic Warfare Market Updates

Electronic Warfare Market size was valued at USD 10.8 Billion in 2023 and is poised to grow from USD 12.15 Billion in 2024 to USD 31.17 Billion by 2032, growing at a CAGR of 12.5% during the forecast period (2025-2032).

'Leonardo SpA (Italy)', 'BAE Systems PLC (UK)', 'Saab AB (Sweden)', 'Israel Aerospace Industries Ltd. (IAI) (Israel)', 'Raytheon Technologies Corporation (USA)', 'General Dynamics Corporation (USA)', 'Lockheed Martin Corporation (USA)', 'L3Harris Technologies, Inc. (USA)', 'Thales Group (France)', 'Elbit Systems Ltd. (Israel)', 'Northrop Grumman Corporation (USA)', 'HENSOLDT (Germany)', 'Boeing (US)'

The move to cognitive technology is a major development in EW techniques that could completely change the way we combat dynamic threat systems. A new generation of Cognitive EW technology is emerging, marked by initiatives like Behavioural Learning for Adaptive Electronic Warfare (BLADE) and DARPA's Adaptive Radar Countermeasures (ARC).

Enhancing Adaptability and Risk Mitigation in Modern Combat: Technology breakthroughs and changing dangers in contemporary conflict situations have led to notable shifts and growth in the electronic warfare business. One way to connect with higher intellect and demolish competitors’ systems is through electronic weaponry, which allows one to control electromagnetic fields during wartime or peacetime. In the past decade, there has been an observable trend towards advancing electronic warfare systems due to the growing reliance on electronics by armed forces during combat.

Due to its substantial defense budget, sophisticated technology infrastructure, and establishment of major industrial participants, North America is the market leader for electronic warfare globally. Specifically, the US invests substantially in R&D for the next generation of electronic warfare equipment, putting it at the forefront of military innovation. There is an increasing need for electronic warfare capabilities due to strategic initiatives aimed at strengthening national security against emerging threats like cyber warfare and unmanned aerial systems. Relying on powerful partnership between state bodies and arms providers, swiftness of technological advancements becomes a reality. Due to its focus on sustaining military superiority and operational preparedness, this region is concretely positioned as the leader in electronic combat.