Latest News- Electronic Warfare (EW) Market: Support is expected to lead the Application segment during 2024-2028

The Electronic Warfare (EW) Market is being driven by Increasing use of UAVs in electronic warfare

The Electronic Warfare (EW) Market is expected to grow at a CAGR of 5.3% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 6290.5 million. In the electronic warfare (EW) market, open systems architecture incorporating RF and microwave technology has experienced significant advancements. These developments offer enhanced interoperability, cost predictability, risk reduction, and affordability. The OpenVPX (VITA 65) Standard, a high-speed and high-power switched fabric-based system design and implementation standard, has been instrumental in facilitating these innovations. The increasing complexity of EW missions and related programs necessitates the expansion of lower band RF and higher frequency RF technologies, along with microwave solutions. OpenRFM, a modular and open architecture, represents a crucial development in this regard. It integrates hardware, firmware, and software, making it a versatile solution for electronic warfare and SIGINT applications. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Support
  • Protection
  • Attack
• Platform
  • Airborne
  • Ground
  • Naval
  • Space
• Geography
  • North America
    • US
  • APAC
    • China
    • India
  • Europe
    • UK
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing use of UAVs in electronic warfare
• Growing prominence of CREW systems
• Importance of intelligence gathering

However, the market also witnesses some limitations, which are as follows:

• Barriers impeding adoption of new technology
• Prevailing technical and operational issues
• Issues related to classification of emitters

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Market Scope in Electronic Warfare (EW) Market Research Report

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Research Analysis Overview

Electronic Warfare (EW) market encompasses strategies for space operations, integrating unmanned systems and autonomous solutions, responding to technology trends such as AI-powered systems and cyber defense. Critical infrastructure protection, international cooperation, and defense innovation are key areas of focus. Doctrine development, homeland security, and cybersecurity in defense are priority concerns. Geopolitical risks, DDoS attacks, intelligence gathering, and network security are significant challenges. Exercises, GPS spoofing, counterterrorism, space warfare, information warfare, data security, strategic planning, and budgets are essential elements. Defense industries are investing in satellite communications, cyber warfare, signal intelligence, defense strategies, command and control, and anti-satellite warfare to stay ahead in the arms race.

Market Research Overview

The Electronic Warfare (EW) market is a significant segment of the global aerospace and defense industry. Key components of this market include instrumentation amplifiers, quantum computing, real-time threat analysis, radar systems, and modern warfare environments. EW solutions are essential in network-centric warfare, where communications and defense budgets are critical. The development of cognitive electronic warfare and solid-state technologies is driving innovation in this sector. Airborne platforms, such as fighter jets and unmanned aerial vehicles, are key applications for EW systems. Technavio's market analysis covers manufacturers and providers of EW solutions, encompassing revenue from industries like aerospace and defense, electrical equipment, industrial conglomerates, and trading companies.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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