Electronic Warfare Market | Market Highlights and Insights to Recovery from COVID-19
Market Segments and Growth Analysis 2021-2025

The Global electronic warfare market is expected to grow by $ 5.42 bn, accelerating at a CAGR of about 5.27% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

For a snapshot of our exhaustive research analysis and insights:  Request for Our Free Sample Report

Electronic Warfare Market: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The Electronic Warfare Market is segmented by Application (Protection, Support, and Attack) and Geography (North America, APAC, Europe, MEA, and South America).
• 38% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Electronic Warfare Market size.

Electronic Warfare Market: Top Trends, Drivers, Challenges to drive Market Recovery

The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.

• A key market driver for the Electronic Warfare Market will be increasing use of uavs in electronic warfare.
• Growing prominence of CREW systems is another factor that will be instrumental in driving market growth during the forecast period.
• Barriers impeding adoption of new technology is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Electronic Warfare Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• BAE Systems Plc, Cobham Plc, Elbit Systems Ltd., General Dynamics Corp., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, and Thales Group are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of about 5.27%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 5.42 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Increasing use of UAVs in electronic warfare will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, APAC, Europe, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   38% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are BAE Systems Plc, Cobham Plc, Elbit Systems Ltd., General Dynamics Corp., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, and Thales Group
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Protection, Support, and Attack) and Geography (North America, APAC, Europe, MEA, and South America)

Electronic Warfare Market Size to Grow by $ 9.28 bn through 2020-2024

The electronic warfare market is expected to grow by $ 9.28 bn, accelerating at a CAGR of almost 7% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free Sample Report

Electronic Warfare Market: Segmentation by Application

This report provides a detailed analysis of the market by Application (Protection, Support, and Attack) and Geography (North America, APAC, Europe, MEA, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Electronic Warfare Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BAE Systems Plc, Cobham Plc, Elbit Systems Ltd., General Dynamics Corp., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, and Thales Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

Technavio has been monitoring the Global Electronic Warfare Market and it is expected to grow by USD 9.28 billion progressing at a CAGR of about 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

North America: increasing use of UAVs to drive market growth

North America will offer several growth opportunities to market vendors during the forecast period. The growing importance of crew systems will significantly influence the electronic warfare market's growth in this region. 39% of the market growth will originate from North America, with the US being one of the key markets for electronic warfare.  The increasing use of UAVs in electronic warfare will offer immense growth opportunities. However, barriers impeding the adoption of new technology may impede market growth. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the electronic warfare market market size.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. 

Electronic Warfare Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BAE Systems Plc, Cobham Plc, Elbit Systems Ltd., General Dynamics Corp., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, and Thales Groupare some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Electronic Warfare Market: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive Electronic Warfare Market growth during the next five years
• Precise estimation of the Electronic Warfare Market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the electronic warfare industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Electronic Warfare Market vendors