Electronic Warfare Market - By Platform (Airborne, Naval, Ground-Based), By Product, By Frequency (High Frequency, Ultra High Frequency, Microwave), By End-User (Military, Commercial) & Forecast, 2024

Description

Electronic warfare market size is expected to record over 4% CAGR from 2024 to 2032, driven by rapid technological advancements. As numerous countries are increasingly prioritizing defense modernization, there is heightened focus on developing sophisticated electronic warfare (EW) systems capable of countering evolving threats, such as electronic surveillance, jamming, and cyber warfare. Advancements in signal processing, AI, and ML have enabled more capable systems to detect, analyze, and respond to complex electromagnetic signals in real-time for enhancing battlefield situational awareness and operational effectiveness. For instance, in December 2023, the Defense Information Systems Agency introduced EMBM-J software for electronic warfare operations in the U.S. military for consolidating data into a user-friendly interface for enhanced situational awareness and coordination.

Geopolitical tensions and the modernization of military capabilities worldwide will also drive the product demand. Of late, there have been hefty investments in EW technologies to gain strategic advantages in contested environments, including land, sea, and air domains. The proliferation of electronic sensors, communication networks, and unmanned systems is also increasing the vulnerability to electronic threats. The integration of EW capabilities into broader defense systems, such as integrated air defense networks and naval platforms is also underscoring their critical role in modern warfare scenarios.

The industry is classified into platform, product, frequency, end-user and region.

Based on platform, the electronic warfare market value from the naval segment is poised to witness substantial CAGR through 2032 due to the increasing need for advanced maritime defense capabilities in the face of evolving threats. Modern naval operations require robust EW systems to protect vessels from a variety of electronic threats, including radar detection, communication jamming, and missile guidance systems. The strategic importance of naval assets, such as aircraft carriers, destroyers, and submarines, is also necessitating sophisticated technologies to ensure operational effectiveness and survivability.

EW market from the high frequency segment is anticipated to observe sustained growth up to 2032 owing to the crucial role in modern military communications, radar, and signal intelligence systems. High-frequency (HF) bands are essential for long-range communication and surveillance as they enable forces to maintain secure and reliable connections over vast distances, which is crucial for coordinated operations. Rising advancements in HF technology are also enhancing the capability to detect and jam enemy communications and radar signals for providing strategic advantages.

Asia Pacific electronic warfare industry size will grow significantly through 2032, attributed to the escalating defense budgets and the strategic necessity to counter regional security threats. China, India, and Japan are heavily investing in modernizing their military capabilities, including the adoption of advanced EW systems to enhance their defensive and offensive operations. The rapid technological advancements and increasing collaborations with global defense contractors to facilitate the development and integration of state-of-the-art technologies will add to the regional market growth.

Product Code: 9162

Chapter 1 Methodology & Scope

1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
1.5 Market definitions

Chapter 2 Executive Summary

2.1 Industry 360 degree synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier landscape
- 3.2.1 Technology providers
- 3.2.2 System integrators
- 3.2.3 Regulatory bodies
- 3.2.4 End users
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increasing defense budgets and ongoing modernization programs
  - 3.8.1.2 Evolving threat landscape, characterized by the proliferation of advanced radar systems
  - 3.8.1.3 Integration of electronic warfare systems with network-centric warfare concepts
  - 3.8.1.4 Rapid advancements in electronic warfare technologies
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 Growing complexity and connectivity of electronic warfare systems
  - 3.8.2.2 Stringent regulatory frameworks and export controls governing the export and transfer of electronic warfare technologies.
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Platform 2021 - 2032 ($Mn)

5.1 Key trends
5.2 Airborne
- 5.2.1 Combact aircraft
- 5.2.2 Special mission aircarft
- 5.2.3 Transport aircarft
- 5.2.4 Military aircrafts
- 5.2.5 Others
5.3 Naval
- 5.3.1 Ships
- 5.3.2 Submarines
- 5.3.3 Others
5.4 Ground-based
- 5.4.1 Vehicle mounted
- 5.4.2 Soldiers
- 5.4.3 Ground stations

Chapter 6 Market Estimates & Forecast, By Product, 2021 - 2032 ($Mn)

6.1 Key trends
6.2 Electronic support (ES)
6.3 Electronic attack (EA)
6.4 Electronic protection (EP)

Chapter 7 Market Estimates & Forecast, By Frequency, 2021 - 2032 ($Mn)

7.1 Key trends
7.2 High frequency
7.3 Ultra high frequency
7.4 Microwave

Chapter 8 Market Estimates & Forecast, By End-User, 2021 - 2032 ($Mn)

8.1 Key trends
8.2 Military
- 8.2.1 High frequency
- 8.2.2 Ultra high frequency
- 8.2.3 Microwave
8.3 Commercial
- 8.3.1 High frequency
- 8.3.2 Ultra high frequency
- 8.3.3 Microwave

Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2032 ($Mn)

9.1 Key trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Russia
- 9.3.6 Spain
- 9.3.7 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles

10.1 BAE Systems
10.2 Boeing Company
10.3 Cobham plc
10.4 Elbit Systems Ltd.
10.5 FLIR Systems, Inc.
10.6 General Dynamics Corporation
10.7 Harris Corporation
10.8 HENSOLDT AG
10.9 Israel Aerospace Industries (IAI)
10.10 Kratos Defense & Security Solutions, Inc.
10.11 L3Harris Technologies, Inc.
10.12 Leonardo S.p.A.
10.13 Lockheed Martin
10.14 Mercury Systems, Inc.
10.15 Northrop Grumman Corporation
10.16 Raytheon Technologies Corporation
10.17 Rheinmetall AG
10.18 Saab AB
10.19 Teledyne Technologies Incorporated
10.20 Thales Group

Electronic Warfare Market - By Platform (Airborne, Naval, Ground-Based), By Product, By Frequency (High Frequency, Ultra High Frequency, Microwave), By End-User (Military, Commercial) & Forecast, 2024 - 2032