The global Electronic Warfare Market is forecasted to grow at a rate of 4.58% from USD 26.31 billion in 2019 to USD 38.25 billion in 2027. Electronic Warfare can be defined as the warfare conducted using electromagnetic spectrum. Electronic Warfare uses radio waves or laser light usually to confuse or disable the electronics of the enemy. It can involve listening or collecting the enemy radio`s signals or sensing the radar of an incoming missile. Advanced electronic attack solutions are used to deliver the non-kinetic and digital effects while still providing a cloak of protection for the platforms. Increasing Transnational and regional instabilities is the major factor for the growth of the market. Another major factor for the growth of the market is the rising focus on Cognitive electronic warfare technology, thus spurring the demand for Electronic Warfare over the forecasted period. However, the high cost of the equipment will be the major factor obstructing the growth of the market over the forecasted period.
With the rise in the tensions politically across nations or regions, the instability is increasing which is the major factor these countries are increasingly investing in upgrading their military capabilities. U.S. is in the stage of increasing its Electronic Warfare research, development, test and evaluation funding and procurement by over 9.5% and 7.1% respectively. The market is increasingly diversified across almost every area of defense spending.
The increasing rate of electronic, cyber and optical domains will require a perceptible shift in war fighting techniques. Since the avenues of technological advancement in these fields are limitless, new generations of equipment will emerge at a rapid rate. The challenge would be to integrate them into the physical domain of war-fighting and achieve the desired effect on the adversary. The relatively new field of Quantum Computing has the potential of creating a new generation of satellite. Trends like this will help drive the market further over the forecasted period.
Increasing drone industry, the demand for Electronic Warfare will further rise over the forecast period of 2019-2026.
Key participants include Lockheed Martin (U.S.), Harris (U.S.), Rockwell Collins (U.S.), Saab SA (U.S.), Boeing (U.S.), Northrop Grumman (U.S.), BAE Systems (UK), Thales (France), Textron (U.S.), and L3 Technologies (U.S.).
To Get Sample Copy of Report visit @ https://www.reportsanddata.com/sample-enquiry-form/2284
For the purpose of this study, Reports and Data have segmented the Electronic Warfare Market on the basis of Capability, Platform, Product, and Region:
Capability (Revenue, USD Million; 2016–2026)
Platform (Revenue, USD Million; 2016–2026)
Product (Revenue, USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
Further key findings from the report suggest
Table of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Introduction 2.2. Summary Snapshot, 2016 – 2026 2.3. Assumptions 2.4. Limitations Chapter 3. Indicative Metrics 3.1. Rising number of conflicts globally 3.2. World militarization index Chapter 4. Global Electronic Warfare Market Segmentation & Impact Analysis 4.1. Global Electronic Warfare Segmentation Analysis 4.2. Industrial Outlook- 4.2.1. Market Indicators Analysis 4.2.2. Market Drivers Analysis 4.2.2.1. Increasing transnational and regional instability 4.2.2.2. Rising focus on Cognitive Electronic Warfare technology 4.2.2.3. Increasing adoption of electronic warfare systems 4.2.3. Market Restraints Analysis 4.2.3.1. Less demand from developing countries 4.3. Regulatory Framework 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Rest of World 4.4. Porter’s Five Forces Analysis 4.5. PESTEL Analysis of Electronic Warfare market 4.6. Technological trends in the Electronic Warfare industry
Continued…
Request customization of the report @ https://www.reportsanddata.com/request-customization-form/2284
Thank you for reading our report. To receive further information on the report or to enquire about its customization, please get in touch with us and get your report tailored according to your needs.
About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us: John W Head of Business Development 40 Wall St. 28th floor New York City NY 10005 United States Direct Line: +1-212-710-1370
Media ContactCompany Name: Reports and DataContact Person: John WatsonEmail: Send EmailPhone: +1-212-710-1370Address:40 Wall St. 28th floor City: New York CityState: NY 10005Country: United StatesWebsite: www.reportsanddata.com/press-release/global-electronic-warfare-market