— Electronic Warfare Industry 2019
The term electronic warfare is not new to the current world. The technology uses electromagnetic energy such as laser light, radio waves etc. to sense, communicate and protect regions. The electronic warfare market and technology consists of three categories: electronic protection, electronic attack systems and electronic warfare support. When some regions prefer electronic attack system for wars, their enemies focus on electronic protection. Nevertheless, these systems offer output with minimal lag between tracking and identifying of threats. The technology can be used in air, water, space or land to outpace threats from adversaries.
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Aselsan Elektronik Sanayi ve Ticaret A.S.
The Boeing Company
Israel Aerospace Industries (IAI)
Northrop Grumman Corp
Rafael Advanced Defense Systems Ltd.
The increasing need for surveillance, intelligence and reconnaissance in the military forces due to political unrest and territorial disputes has driven the electronic warfare technology and systems market forward. The superiority of high-quality information available through this technology has placed modern electronic warfare at a top level. This, in addition to the increase in investments in the military segments across the world have been the driving forces for the market growth. This has resulted in the development of sophisticated warfare systems that can be operated electronically.
A study on the Global Electronic Warfare Market and Technology was done to understand the capabilities of multiple regions in the field of electronic warfare. The regional differences can help emerging markets find new opportunities and steer away from potential risks. The market forecast is a great tool for intelligence studies for the defence and aerospace industries belonging to public and private sectors.
The market segmentation of global electronic warfare technology and forecast to 2026 is segmented on the basis of platform, product, capability and region. Some of the manufacturers in this space include Airbus Industries, Aselsan Elektronik Sanayi ve Ticaret A.S., BAE SYSTEMS, The Boeing Company, ELBIT Systems, Israel Aerospace Industries (IAI), Lockheed Martin, Leonardo SpA, MBDA Systems, Northrop Grumman Corp, Rafael Advanced Defense Systems Ltd., Raytheon Company, Rheinmetall AG, Saab and Thales Group. The recent contracts, financial information, and strategical alliances were considered for the study. The key trends, market restraints and challenges of the key players have been included in detail. The international players have been found to have a high market share than the local players.
The report also segmented the global electronic warfare market and technology into multiple regions including North America, Europe and Asia Pacific. The regions in North America is expected to dominate the electronic warfare segment with 45% share of the market. Asia Pacific is expected to have a share of 27% and Europe, a share of 20%. The North American countries and regions on the top list have increased their budget in adopting and implementing new technology in their aerospace and defence systems. The military expenditure in certain Asian countries was found to increase dramatically by 2017.
The electronic warfare market is expected to grow to USD 30.32 Billion by 2022. With the recent development in China through the introduction of a new aircraft using an additional antenna to collect information from the South China Sea and the East China Sea, more and more regions are getting inspired to make the best use of this technology.
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Table Of Contents – Major Key Points
2 Summary and Conclusions
3 EW Current and Near-Future Overview
4 EW Market Overview
5 Market Analysis
6 Forecast Electronic Warfare Market by Global and Regions to 2026
7 Forecast Electronic Warfare Market by Capability to 2026
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