Electronic Warfare Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global market, the global Electronic Warfare Market size is projected to reach a CAGR of 6.2% and Forecast to 20303.
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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.
Recent Developments
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.
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.
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 of Electronic Warfare Market
- Lockheed Martin Corporation
- BAE Systems plc
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- L3Harris Technologies, Inc. and More
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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