Latest Study on Electronic Warfare Market Report 2019 by Business Plans, Development Status, Market Size, and Revenue Forecast to 2024

Electronic Warfare

This “Electronic Warfare Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Electronic Warfare market can use for expanding their business in untapped market to increase their customer base.

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Market Overview:

  • The electronic warfare market is anticipated to register a CAGR of above 3.5% during the forecast period.
  • - The increasing military spending fueled by the ongoing political conflicts and territorial disputes is expected to generate demand for sophisticated electronic warfare systems with superior capabilities during the forecast period.
  • - Development of cognitive electronic warfare, which is the integration of advanced technologies, like artificial intelligence and neural networks with the electronic warfare systems, to achieve faster and efficient systems with minimal lag between threat identification and tracking is expected to open up new market opportunities for the electronic warfare market.<l
  • Electronic Warfare Market Covers Manufacturers:

  • Lockheed Martin Corporation
  • Raytheon Company
  • Harris Corporation
  • BAE Systems PLC
  • ASELSAN
  • Northrop Grumman Corporation
  • Collins Aerospace
  • Ball Aerospace & Technologies Corp.
  • Thales Group
  • Saab AB
  • Leonardo SpA
  • Hensoldt
  • Scope of the Report:

  • This report studies the global Electronic Warfare market size, industry status and forecast, competition landscape and growth opportunity.
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    Key Market Trends:

    The Electronic Support Segment is Expected to Experience the Highest Growth During the Forecast Period

    The electronic support segment is anticipated to have the highest growth during the forecast period. The need for advanced information gathering and communication systems in the battlefield is of high importance. Due to this reason, intelligence, surveillance and reconnaissance (ISR), intelligence, surveillance, target acquisition, and reconnaissance (ISTAR), signals intelligence (SIGINT) systems, and other such systems for recognition and targeting of threats are expected to register the highest demand, as they assist in attack or protect against the enemy attack. The use of drones or UAVs, with the SIGINT and ISTAR systems, is increasing in recent times, which is also one of the key drivers for the growth of this segment.

    The Asia-Pacific Region is Expected to Experience the Highest Growth During the Forecast Period

    The Asia-Pacific region is anticipated to have the highest growth during the forecast period. The rapid growth in military spending of the Asia Pacific countries is the major driving factor for its highest growth in the electronic warfare market. There is a large growth in military spending of few countries between 2008 and 2017, like Cambodia (332%), Bangladesh (123%), Indonesia (122%), and China (110%). There were also significant increases in countries, like Vietnam, the Philippines, Myanmar, Kyrgyzstan, Pakistan, Nepal, and India during the same period. The countries are investing in the development of new electronic warfare systems to enhance their capabilities in the midst of their political and territorial issues. For instance, China developed new electronic warfare (EW) aircraft by the use of an additional antenna to gather information near the South China Sea and the East China Sea. The development of new systems is expected to help the growth of the market in this region during the forecast period.

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    Target Audience of Electronic Warfare Market:

    • Manufacturer / Potential Investors
    • Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
    • Association and government bodies.

    Key Reasons to Electronic Warfare Market Report:

    • Analyzing various perspectives of the Electronic Warfare market with the help of Porter’s five forces analysis
    • The End User that is expected to dominate the Electronic Warfare market is analyzed in detail
    • The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Electronic Warfare market.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • Regional analysis of Electronic Warfare market studied, during the forecast period
    • The segments that are expected to dominate the Electronic Warfare market studied.

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