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 Report Overview

The study analyses the existing and future circumstances in the Electronic Warfare Industry Market, providing unique insights and up-to-date information across key segments. Within the context of the Electronic Warfare Industry market, the report addresses critical research areas such as revenue generation, sales, and overall income. In order to provide a comprehensive overview, the research includes two separate scenarios that cover the full Electronic Warfare Industry market, including expected Electronic Warfare Industry sales during the projection period.

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Electronic Warfare Industry Market Report Scope and Research Methodology:

The primary purpose of the Electronic Warfare Industry market study is to provide a thorough analysis in clear and simple terms. The analysis covers all of the major companies and essential features of the Electronic Warfare Industry market, assessing numerous metrics such as volume, share, growth, and strategy. This research not only helps established organisations refine their operating plans, but it also provides strategic recommendations to new entrants. MMR’s research delves deeply into the Electronic Warfare Industry market, identifying the leading worldwide businesses based on parameters such as volume, share, strategies, and growth. The research also includes tactics for both existing industry participants and potential Electronic Warfare Industry market entrants. Furthermore, the global research for the Electronic Warfare Industry market provides a detailed breakdown of regional share distribution, as well as an examination of development drivers in each area.

Market Dynamics: 

Rising regional and multinational imbalances lead to increased adoption of EW:

The frequency of bilateral military confrontations between countries is rapidly growing, demanding greater reliance on countries' defence forces to strengthen their security measures. To fulfil battle demands, the Electronic Warfare Industry Market is developing new weaponry and fighting systems. Because of the advancement of digital battlefields, electronic warfare technology is now integrated into all defence systems used during combat missions. As a result of these systems, governments' procurement priorities have evolved to meet emerging wartime requirements.

Electronic Warfare Industry Market Segmentation:

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 Regional Insights:

North America dominated the electronic warfare industry 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 electronic warfare industry 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.

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)

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Table of Content: Electronic Warfare Industry Market

Part 01: Executive Summary

Part 02: Scope of the Electronic Warfare Industry Market Report

Part 03: Electronic Warfare Industry Market Landscape

Part 04: Electronic Warfare Industry Market Sizing

Part 05: Electronic Warfare Industry Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key Offerings:

• Past Market Size and Competitive Landscape (2023-2029)
• Past Pricing and price curve by region (2023-2029)
• 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 segments and their sub-segments
• 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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