A new Report by Delvens, titled "Electronic Warfare Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global Electronic Warfare Market size is projected to reach a CAGR of 6.2% from 2021-2028.
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Electronic Warfare (EW) capabilities include the ability of the armed forces to use electromagnetic signal equipment such as radio, infrared, or radar to sense enemy vehicles, protected the allied forces from their attacks, and support the allied forces with electromagnetic spectrum sensing.
Significant technological advancements and integration of electronics in military equipment are resulting in a shift towards multilayered defense systems, which is contributing in the long-term expansion for Electronic Warfare Market.
Regional Analysis of Electronic Warfare Market
The US and Canada are key countries considered for market analysis in the North American region. This region is expected to lead the market, owing to increased investments in electronic warfare technologies by countries in this region. Defense forces of countries in the North American region are involved in the development of technologically advanced EW systems.
Key Players
• Lockheed Martin Corporation
• BAE Systems plc
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• L3Harris Technologies, Inc. and More
Recent Developments
In July 2021, Aselsan announced that the company has delivered Next-Generation Electronic Attack System SANCAK (MILKAR-4A2 high-frequency jamming system) to the Turkish Armed Forces (TAF). The electronic countermeasure system was developed for electronic attack operations against the high-frequency band communication systems located on different platforms in the field.
In May 2021, the United States Naval Sea Systems Command awarded a contract of USD 74.8 million to provide advanced electronic warfare (EW) systems for amphibious assault ships and aircraft carriers. According to the contract, the Northrop Grumman will provide Surface Electronic Warfare Improvement Program (SEWIP) Block 3 electronic attack systems and hardware design modifications to the AN/SLQ-32(V) surface warship EW system.
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Reasons to Acquire
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Electronic Warfare Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Electronic Warfare Market is segmented into end use sector, capability, product and region.
On the basis of End-User Sector
• Airborne
• Land
• Naval
• Space
On the basis of Capability
• Support
• Attack
• Protection
On the basis of Product
• Equipment
• Operational support
On the basis of Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
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In addition to the market data for Electronic Warfare Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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