Market Research Report
Electronic Warfare Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 - 2025
|Published by||Variant Market Research LLP||Product code||642082|
|Published||Content info||100 Pages
Delivery time: 2-3 business days
|Electronic Warfare Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 - 2025|
|Published: May 16, 2018||Content info: 100 Pages||
Electronic Warfare Market (By Capability: Electronic Support, Electronic Attack, and Electronic Protection; By Platform: Airborne-Based EW, Naval-Based EW, Ground-Based EW, and Space-Based EW; By Product: EW Equipment, and Electronic Warfare Operational Support (EWOS); By Geography: North America, Europe, Asia-Pacific and Row) Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 - 2025 .
Global Electronic Warfare Market is estimated to reach $37.5 billion by 2025; growing at a CAGR of 5.8% from 2017 to 2025. Electronic Warfare (EW) refers to the military action concerning the use of electromagnetic energy or directed energy to switch the electromagnetic spectrum or to assault the enemies. It includes three major subdivisions i.e. electronic warfare support (ES), Electronic attack (EA), and electronic protection (EP). It is intimately tied to advances in technology. EW also assure the spectrum to the full aptitude in wartime.
Continuous development in electromagnetic spectrum, growing international disputes, development of Integrated EW Systems, and rising use of EW systems for geospatial intelligence are the factors fueling the growth of the market. In addition, enhancing adoption of visual and infrared technology in defense has also stimulated the market growth of electronic warfare worldwide. However, high cost involved in the arrangement of EW systems is the restraint of the market. Moreover, development of EW systems with enhanced capabilities, and arrangement of electronic warfare capabilities on space platform would provide lucrative opportunities for the market.
Capability, platform, product, and geography are the segmentation of the global electronic warfare market. Capability segment comprises electronic support, electronic attack, and electronic protection. By platform, the market is segmented as airborne-based EW, naval-based EW, ground-based EW, and space-based EW. Further, product segment is classified into EW equipment, and electronic warfare operational support (EWOS).
Based on geography, the global electronic warfare market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Russia, Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
Prominent players operating in the market include Elbit Systems Ltd., Israel Aerospace Industries Ltd, Lockheed Martin Corporation, Boeing, Saab AB, Thales Group, Textron Inc., BAE Systems, Raytheon Company, and L3 Technologies, Inc., among others.