Electronic Warfare Market Innovations, Technology, Growth and Global Forecast till 2025

1. Electronic Warfare Market Innovations, Technology, Growth and Global Forecast till2025 According to the new market research the report "Electronic Warfare Marketby Capability (Support, Attack, Protection), Platform (Airborne, Naval, Ground, Space), Product (EW Equipment, EW Operational Support), and Region - Global Forecast to 2025", size is projected to grow from USD 17.0 billion in 2020 to USD 20.9 billion by 2025,ataCAGRof4.2%from2020to 2025. Significant advancements and electronics inmilitary technological integration of equipmentare resulting in a shift towards multilayered defense systems, which is expected to drive the electronic warfare market during the forecast period. Adding to these factors, the increase in the use of UAV systems and the need for ground surveillanceand communication jamming serve as opportunities for the electronic warfaremarket. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1301 Key MarketPlayers The Electronic Warfare market is dominated by a few globally established players such as as BAE Systems Plc. (UK), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (US), L3Harris Technologies, Inc. (US), Israel Aerospace Industries (Israel), and SAAB AB (Sweden), amongothers. Electronic warfare is now among the crucial requirements of the defense and intelligence agencies across countries. Hence, military and intelligence agencies are the key end-users, showcasing greater demand for electronic warfare equipment. Some industry experts have noted that the COVID-19 pandemic has not affected the demand for electronic warfare, especially for military end use. Companies such as Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Elbit Systems Ltd. (Israel),andL3HarrisTechnologies(US)receivedcontractsforthesupplyofelectronic

2. warfare to the armed forces of various nations in the first half of 2020, showcasing continuous demand during the COVID-19crisis. Increasing procurementof electronic warfare systems due to growing transnational and regionalinstability The increasing frequency of bilateral militarized conflicts among countries is progressing at a rapid pace, which has led to the growing need for defense forces of countries to strengthen their security measures. New weapons and combat systems are being developed to cater to warfare needs. The advent of digital battlefields has propelled the incorporation of electronic warfare technology in all defense systems used during combat missions. These systems have resulted in a change in the procurement priorities of nations to keep pace with emerging warfareneeds. Based on capability, the support segment of the electronic warfare market is projected to witness the highest CAGR during the forecastperiod In terms of capability, the market is segregated into electronic warfare support, protection, and attack. The electronic support segment is projected to grow at the highest CAGR during the forecast period. Intelligence, surveillance & reconnaissance (ISR) has improved the situational awareness capabilities of militaries and subsequently enhanced their decision-making process. The increased focus on situational awareness capabilities from defense sector is expected to support the growth of electronic warfare support segment in the upcoming years. Electronic warfare equipment sub segment of the electronic warfare market by product is projected to witness the highest CAGR owing to increasing focus on defence equipment up gradation across theglobe Based on product, the electronic warfare market has been segmented into electronic warfare equipment and electronic warfare operational support. The electronic warfare equipment segment is expected to grow at a higher CAGR owing to the increasing procurement of electronic warfare equipment for the upgaradation of various platforms such as naval vessel, land vehicle and aircraft due to benefits such as advance electronic protection, electronic attack and electronic supportapplications. The North America market is projected to contribute the largest share from 2020 to 2025 in the electronic warfaremarket The North America US is recognized as one of the key manufacturers, exporters, and users of EW systems worldwide and is known to have the strongest EW capabilities. Key manufacturers of EW systems in the US include Lockheed Martin, Northrop Grumman, L3Harris Technologies, Inc., and Raytheon. The new defense strategy of the US indicates an increase in EW spending to include advanced capabilities in existing defense systems of the US Army to counter incomingthreats.

3. Ask for Sample Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1301 AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062 USA:1-888-600-6441