Electronic Warfare Market Set to Grow to $36Bn by 2029

Electronic Warfare is defined in United States (U.S.) military doctrine as any military action involving the use of electromagnetic and directed energy to attack the enemy or to defend against enemy attacks. This definition involves a number of military activities that include locating, exploiting, degrading, targeting, disrupting, denying, deceiving or destroying the enemy’s electronic systems that support military operations or aim to deny friendly forces’ ability to use the electromagnetic spectrum. In short, EW is a military action whose objective is to control the Electromagnetic Spectrum (EMS). The report does not include the deployment of cyber capabilities to control the EMS from the parameters of this definition.

This report evaluates defence spending within the Electronic Warfare (EW) market and forecasts its future growth between 2019 and 2029. This report examines expenditure on offensive, defensive and supporting Electronic Warfare products and their subsegments, be they self-contained, or part of ground, aerial, or naval platforms. This report also includes analysis and forecasts of the Electronic Warfare market relating to regional markets. These forecasts are reinforced by information relating to numerous recent electronic warfare contracts. This report divides the EW market into three sub markets: Electronic Attack (EA), Electronic Protection (EP), and Electronic Support (ES).

Leading companies featured in the report who are developing electronic warfare includes Airbus, BAE Systems, Boeing, Harris Corporation, IAI, L3 Technologies, Leonardo, Lockheed Martin, Northrop Grumman, Hensoldt, and Rohde & Schwartz.

Source: ASDReports - Market Research
Date: Apr 10, 2019