Bond Cliff

Main Menu

  • Home
  • Economic integration
  • Price index
  • Covariance
  • Labor augmenting
  • Fund

Bond Cliff

Header Banner

Bond Cliff

  • Home
  • Economic integration
  • Price index
  • Covariance
  • Labor augmenting
  • Fund
Labor augmenting
Home›Labor augmenting›Electronic Warfare Market is expected to reach US$27,797.72 million by 2028 from US$18,192.85 million in 2021

Electronic Warfare Market is expected to reach US$27,797.72 million by 2028 from US$18,192.85 million in 2021

By Susan Weiner
June 10, 2022
0
0

ReportLinker

it is expected to grow at a CAGR of 6.2% from 2021 to 2028. The goal of electronic warfare is to deprive the enemy of the advantage of the electromagnetic spectrum while ensuring that allied forces have unrestricted access to it.

New York, June 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Electronic Warfare Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component, Application, and Product Type” – https:/ /www .reportlinker.com/p06279436/?utm_source=GNW
Modern warfare has always included electronic warfare; however, it has progressed far beyond radio jamming.

The detection, exploitation and manipulation of the electromagnetic spectrum (EMS) is becoming increasingly possible for electronic warfare weapons. Thus, many key players as well as governments are investing a massive amount of capital in the development of electronic warfare, which has a positive impact on the electronic warfare market. an easy-to-deploy means of shutting down an enemy’s radar operation and protecting their similar equipment from interference, EW becomes a priority.

Market players in the Electronic Warfare Market are expected to provide lucrative growth opportunities in the coming years with rising geographical tensions between neighboring countries, the demand for Electronic Warfare Systems in the global market will increase.

The Electronic Warfare market is analyzed on the basis of component, application, product type and geography. On the basis of component, the market is segmented into hardware, software and services.

By Application, the market is segmented into Electronic Attack, Electronic Protection, Electronic Warfare Support. Based on product type, the market is segmented into countermeasure systems, jammers, sensor systems, weapon systems, and others.

By geography, the market is primarily segmented into North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America.

Armed forces and non-state groups are deploying unmanned aerial systems. Smaller commercial drones can be weaponized and used to cause catastrophic damage.

Finding strategies to defeat weaponized drones as their use spreads across the battlefield is a major problem. Communications and electronic technologies are essential for autonomous and remote-controlled vehicles.

As the number of tasks delegated to unmanned systems increases, so does the demand for counter unmanned aerial systems (UAS) and electronic warfare (EW) technologies. Unmanned aerial vehicles have become an important feature of armed forces around the world.

Thus, the deployment of electronic warfare systems on unmanned vehicles is propelling the electronic warfare market.

Since 2016, Turkey has won conflicts using only unmanned systems in Syria, Libya and Azerbaijan, demonstrating the importance of such an electronic warfare capability. Additionally, in 2021, the Indian Army purchased a set of new surveillance drones that allow the ground controller to communicate through a satellite.

As the purchase of unmanned vehicles increases, it also increases the growth of the electronic warfare systems market. The electronic defense/electronic attack system consists of two military trucks.

It is intended to jam and deceive conventional and complex varieties of hostile radars and to analyze multiple target signals over a wide frequency range. Thus, these new technological integrations with electronic warfare systems are expected to contribute to the growth of the electronic warfare market over the forecast period.

North America has seen an increase in electronic warfare market adoption over the past decade. The United States has increased its military spending for the acquisition of advanced and updated ships, equipment, and lethal and electronic warfare.

According to data published by Stockholm International Peace Research Institute (SIPRI), the United States recorded an increase in military spending in 2020 compared to 2019. The increase in military spending by North American countries is influencing the growth of the market for electronic warfare in this region.

The increase in riots, protests and terrorism in the region has created a significant demand for electronic warfare. Russia, France, UK, Germany and Italy are major countries with strong military forces.

To further empower them, the governments of these countries are investing more in military technologies, including electronic warfare systems. According to SIPRI, Germany, France, Italy, the United Kingdom and Russia spent $52.7 billion, $52.7 billion, $28.9 billion, $59.2 billion, respectively. and $61.7 billion for military operations in 2020. The presence of well-established market players in Europe such as Saab AB, Bae Systems plc, Thales Group, Cobham plc, and Leonardo is further accelerating the market growth of electronic warfare in the region.

Lamperd Less Lethal, Inc.; Combined Systems, Inc.; pepper ball; and NonLethal Technologies, Inc. are the major companies operating in the North American electronic warfare market. Growing strategic initiatives and investments in new product development are expected to propel the growth of the market in the coming years.

Impact of COVID-19 Pandemic on Electronic Warfare Market Share

The impact of COVID-19 has been negative in North America, the United States, Canada and Mexico. Federal governments in North America focus on healthcare facilities.

They have cut defense spending because governments only want to cover existing contracts that are in place, leaving fewer opportunities for new purchases. Many ongoing defense programs have faced challenges such as a slowdown in production facilities which has impacted the delivery of aircraft and aircraft carriers, military vehicles, and electronic warfare products.

For example, Lockheed Martin delivered 120 planes in 2020, including 46 to international customers, bringing the total number of production planes delivered to 611 since the launch of the F-35 program. The advanced F-35 aircraft is equipped with advanced jammers, radar, laser and electronic warfare systems.

The delay in the delivery of aircraft has led to a slowdown in the electronic warfare market. According to Insight’s partner research analysis In addition, due to the substantial reduction in manpower, the accelerated production rate of tier three and tier four suppliers has slowed down, which has delayed the purchase of electronic equipment, which has hampered the growth of the electronic warfare market. .

The global electronic warfare market is primarily driven by the increasing geographic tension between neighboring electronic countries in developed and developing countries. Space is slowly becoming the new terrain of choice for electronic warfare systems.

Physical destruction, laser blinding and electronic warfare are all likely to be used to prevent the enemy from using their satellites and protect their satellites from their force multiplier effect. There is a need to examine the best method for integrating space assets into military operations. .

Anti-satellite weapons, denial and deception tactics, jamming, use of tiny satellites, hacking, and nuclear detonation are just a few examples of existing capabilities that can physically deny, disrupt, or destroy space systems and facilities. land that use and exploit them. . However, limited access to electronic warfare manufacturing facilities in developing countries limits the growth of the electronic warfare market.

Lockheed Martin Corporation, Raytheon Technologies, L3Harris Corporation, Northrop Grumman Corporation, and BAE Systems Plc hold a large percentage of the electronic warfare market share.

The global electronic warfare market size has been derived using primary and secondary sources. To begin the research process, exhaustive secondary research was conducted using internal and external sources to obtain qualitative and quantitative insights related to the Electronic Warfare market size.

The process also serves to obtain a market overview and forecast of Electronic Warfare market size with respect to all market segments. Additionally, several primary interviews were conducted with participants and industry commentators to validate the data and gain more analytical insights on the topic.

Participants in this process include industry experts, such as vice presidents, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts and key opinion leaders, specialized in the market.
Read the full report: https://www.reportlinker.com/p06279436/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001

Related posts:

  1. Meals Robotics Market Measurement To Attain USD 3,441.9 Million By 2027, With CAGR Of 11.5% | Experiences and information
  2. Sensible Factories Market – Evaluation and Forecast of Trade Progress by 2025
  3. Bensulide Market – Notable Developments, Upcoming Trends & Future Applications 2025 – Clark County Blog
  4. Increase, not automation | Boston Review

Categories

  • Covariance
  • Economic integration
  • Fund
  • Labor augmenting
  • Price index
  • TERMS AND CONDITIONS
  • Privacy Policy