WESTFORD, Mass., July 25, 2024 /PRNewswire/ -- According
to SkyQuest, the global Electronic Warfare Market size
was valued at USD 9.60 billion in
2022 and is poised to grow from USD 10.80
billion in 2023 to USD 27.71
billion by 2031, growing at a CAGR of 12.5% during the
forecast period (2024-2031).
Electronic warfare is witnessing a sizeable demand for EW
systems, supported by speedy advancements, a rising need for
electronic protection abilities, and an emphasis on directed energy
weapons. Currently, there is more focus on situational awareness
and information superiority, one of the leading reasons for
investment in the market. The growing rate of cyber, electronic,
and optical domains will need a noticeable inclination in
warfighting methods. Since the opportunities for improvements in
technology in these domains are constantly increasing, the fresh
equipment category is expected to grow at a speedy pace.
The growing need to incorporate electronic warfare systems and
stealth technology in military machines is projected to emerge as a
lead driver for the warfare systems, since stealth tech, standalone
is incompetent to fight threats.
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overview:
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Electronic Warfare Market Overview:
Report
Coverage
|
Details
|
Market Revenue in
2023
|
USD 10.80
Billion
|
Estimated Value by
2031
|
USD 27.71
Billion
|
Growth Rate
|
Poised to grow at a
CAGR of 12.5%
|
Forecast
Period
|
2024–2031
|
Forecast
Units
|
Value (USD
Billion)
|
Report
Coverage
|
Revenue Forecast,
Competitive Landscape, Growth Factors, and Trends
|
Segments
Covered
|
Capability, Platform,
Product, End Use, and Region
|
Geographies
Covered
|
North America, Europe,
Asia Pacific, Latin America, and Middle East and Africa.
|
Report
Highlights
|
Updated financial
information / product portfolio of players
|
Key Market
Opportunities
|
Growing Need to
Incorporate AI in Electronic Warfare Systems
|
Key Market
Drivers
|
Growing Geopolitical
Stress and Initiatives for Improvements in Defense
|
Segments covered in Electronic Warfare Market are
as follows:
- Capability
-
- Electronic support (Signals intelligence [Electronic
intelligence, Communication intelligence], Other electronic
support), Electronic attack (Active, Passive), Electronic
protection (Anti-active, Anti-passive)
- Platform
-
- Airborne platform (Combat aircraft, Transport aircraft, Special
mission aircraft, Military helicopters, Unmanned aerial vehicles),
Ground platform (Vehicle-mounted, Soldiers, Ground stations), Naval
platform (Ships, Submarine, Unmanned marine vehicles), Space
platform
- Product
-
- Electronic warfare equipment, (Jammers (Radar jammers
[Electronic jammers {Barrage jammers, Sweep jammers, Spot jammers,
Pulse jammers, Digital radio frequency memory jammers}, (Mechanical
jammers [Corner reflectors, Decoys, Flare dispensers, Chaff
dispensers], Communication jammers, Remote-controlled improvised
explosive device jammer)), (Self-protection EW suite, Directed
energy weapons, Direction finders, Directional infrared
countermeasures, Anti-radiation missiles, Antenna, Infrared missile
warning systems, Identification friend or foe systems, Laser
warning systems, Electromagnetic shielding/hardening materials,
Radar warning receivers, Counter UVAS systems, Interference
mitigation systems, Electromagnetic pulse weapons), Operational
support (Software, Simulation)
- End Use
-
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Electronic Support Segment to Propel Due to Intensified
Demand in Air Force and Navy
The electronic support domain dominated the electronic warfare
market in the past years since the key purpose of ES systems is to
detect and jam enemy communication signals and radar for
situational awareness and intelligence purposes by the military.
Today, electronic support systems are witnessing intensified demand
and application in navy, air force, and ground systems owing to
increasing significance of surveillance and data acquisition.
The electric attack domain is expected to be the fastest growing
owing to advancements in technology and impending novel risks in
EW. With expanding electronic system's use by enemies, the demand
for highly improved electric attack is burgeoning since they can
better interlope with such systems. The increasing need to develop
such improvements in EW is considerably driving the growth of the
segment in the market.
Airborne Segment to Lead on the back of Attractive Benefits
of EW Systems like Maneuverability
The airborne domain registered a majority market share due to
the increasing use of EW systems in air force aircraft and
machinery comprising UAVs, fighter aircraft, and surveillance
airplanes. These systems deliver multiple advantages like
maneuverability, covering large areas, and swift reaction time,
making the airborne systems an indispensable component of today's
warfare. Owing to the increasing significance of airborne
electronic warfare in future wars, the segment is anticipated to
stay dominating.
The vehicle segment is projected to be the fastest growing over
the estimated period. The reason for the domain's growth is due to
surging applications of tactical electronic warfare systems that
efficiently defend against unmanned systems and guided weapons.
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(TOC):
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Electronic Warfare Equipment (Jammer) Segment to Gain
Traction Due to High Efficiency of Improved Jamming
Solutions
The jammer segment held the majority share of the market owing
to the key importance of improved jamming solutions to stand mature
enemy radar and communication systems. Advancements in DRFM,
integration of AI for real-time risk analysis, adaptive algorithms
and forceful jamming, and highly responsive tactics are important.
These developments allow efficient disturbance of enemy
surveillance and targeting systems, thereby boosting offensive and
defensive EW competencies.
The infrared missile warning system domain is expected to grow
in the coming years since it supports multiple operations for ESM
(Electronic Support Measures). In most applications, infrared
missile warning relates to electronic warfare systems to improve
countermeasure competencies. Also, growing government spending for
improved risk detection, better security at borders, and more are
driving the segment's growth.
Integration of Artificial Intelligence and Machine Learning
to offer Potential
Forecasting the future is quite challenging, yet the market will
see steady improvements in domains like space-based assets and
quantum technologies integrated with cognitive radio and AI. The
focus on collaborative electronic warfare will be steady, with
anticipation that noteworthy improvements in competencies will be
achieved. Also, more focus will be seen on cognitive EW, but the
possible result will be that technical reality will ultimately
outplay the idealistic expectations. The innovations needed for
range test and laboratory machine will need extra complexity level
and higher technological improvement. To achieve this, artificial
intelligence and machine learning will play a key role, which will
develop test community and relieve human electronic warfare test
operators.
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technologies, markets and finance across sectors viz. Life
Sciences, CleanTech, AgriTech, NanoTech and Information &
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We work closely with innovators, inventors, innovation seekers,
entrepreneurs, companies and investors alike in leveraging external
sources of R&D. Moreover, we help them in optimizing the
economic potential of their intellectual assets. Our experiences
with innovation management and commercialization has expanded our
reach across North America,
Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj
Singh
SkyQuest Technology
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Westford,
Massachusetts 01886
USA (+1) 351-333-4748
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