PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1531094
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1531094
Electronic Warfare Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024- 2030)
Market Overview
In 2024,the size of the worldwide electronic warfare industry was projected to have stood at USD 12.5 billion, and it is estimated to attain USD 25.3 billion by the end of the decade, advancing at a CAGR of 12.4% over the forecast period. This can be credited to the expansion of defense abilities by many nations across the globe to counter potential threats.
The electromagnetic spectrum and cyberspace create a common electromagnetic environment known as the cyber-electromagnetic domain. This evolution in technology is a major trend as this domain is expected to be the centerpiece of future wars.
Diplomatic and strategic relations between different countries can break down any time, turning friends into foes. For this reason, almost all countries are expanding their military capabilities and adopting electronic warfare. Countries that share borders are at a perpetual threat from one another, regardless of how cordial the relations between them are. Thus, they are strengthening their weaponry with advanced systems.
Key Insights
The airborne category is the largest, with an estimated 40% share in 2024, and is expected to grow at a CAGR of 12.8% from 2024 to 2030.
Airborne electronic attack capabilities are crucial for gaining an advantage in the electromagnetic spectrum, including disabling, denying, and degrading enemy air defenses.
Electronic decoys deployed in combat aircraft and missiles aid in deceiving enemy air defense systems.
The electronic support category holds the largest share, 45% in 2024, and will witness the highest CAGR of 12.7% during the forecast period.
Information from electronic support is essential for decision-making in attacking and protecting, detecting enemy communication networks and radars.
Data gathered is used for electronic intelligence (ELINT), signal intelligence (SIGINT), and communications intelligence (COMINT).
Signal jammers dominate the market with a 20% share in 2024 and are expected to be the fastest-growing category at a CAGR of 13.2% from 2024 to 2030.
Jammers deceive, disrupt, or block enemy radars and communication systems by radiating interfering signals, allowing counter operations without detection.
North America held the largest market share, around 50% in 2024, due to strong defense focus and high defense budget of the U.S. (USD 877 billion in 2022).
U.S. invests heavily in equipping its military branches with advanced weapons and electronic warfare systems.
Most major defense and weapons companies have a significant presence in the region.
Asia-Pacific is the fastest-growing market, with a CAGR of 12.7% during 2024-2030.
Several countries in the region are expanding their military capabilities with electronic warfare systems, given the geopolitical landscape characterized by sour relations.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by application
- 1.4.2. Market size breakdown, by category
- 1.4.3. Market size breakdown, by product
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Application (2019-2030)
- 6.3. Market Revenue, by Category (2019-2030)
- 6.4. Market Revenue, by Product (2019-2030)
- 6.5. Market Revenue, by Region (2019-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Application (2019-2030)
- 7.3. Market Revenue, by Category (2019-2030)
- 7.4. Market Revenue, by Product (2019-2030)
- 7.5. Market Revenue, by Country (2019-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Application (2019-2030)
- 8.3. Market Revenue, by Category (2019-2030)
- 8.4. Market Revenue, by Product (2019-2030)
- 8.5. Market Revenue, by Country (2019-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Application (2019-2030)
- 9.3. Market Revenue, by Category (2019-2030)
- 9.4. Market Revenue, by Product (2019-2030)
- 9.5. Market Revenue, by Country (2019-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Application (2019-2030)
- 10.3. Market Revenue, by Category (2019-2030)
- 10.4. Market Revenue, by Product (2019-2030)
- 10.5. Market Revenue, by Country (2019-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Application (2019-2030)
- 11.3. Market Revenue, by Category (2019-2030)
- 11.4. Market Revenue, by Product (2019-2030)
- 11.5. Market Revenue, by Country (2019-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Application (2019-2030)
- 12.3. Market Revenue, by Category (2019-2030)
- 12.4. Market Revenue, by Product (2019-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Application (2019-2030)
- 13.3. Market Revenue, by Category (2019-2030)
- 13.4. Market Revenue, by Product (2019-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Application (2019-2030)
- 14.3. Market Revenue, by Category (2019-2030)
- 14.4. Market Revenue, by Product (2019-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Application (2019-2030)
- 15.3. Market Revenue, by Category (2019-2030)
- 15.4. Market Revenue, by Product (2019-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Application (2019-2030)
- 16.3. Market Revenue, by Category (2019-2030)
- 16.4. Market Revenue, by Product (2019-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Application (2019-2030)
- 17.3. Market Revenue, by Category (2019-2030)
- 17.4. Market Revenue, by Product (2019-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Application (2019-2030)
- 18.3. Market Revenue, by Category (2019-2030)
- 18.4. Market Revenue, by Product (2019-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Application (2019-2030)
- 19.3. Market Revenue, by Category (2019-2030)
- 19.4. Market Revenue, by Product (2019-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Application (2019-2030)
- 20.3. Market Revenue, by Category (2019-2030)
- 20.4. Market Revenue, by Product (2019-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Application (2019-2030)
- 21.3. Market Revenue, by Category (2019-2030)
- 21.4. Market Revenue, by Product (2019-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Application (2019-2030)
- 22.3. Market Revenue, by Category (2019-2030)
- 22.4. Market Revenue, by Product (2019-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Application (2019-2030)
- 23.3. Market Revenue, by Category (2019-2030)
- 23.4. Market Revenue, by Product (2019-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Application (2019-2030)
- 24.3. Market Revenue, by Category (2019-2030)
- 24.4. Market Revenue, by Product (2019-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Application (2019-2030)
- 25.3. Market Revenue, by Category (2019-2030)
- 25.4. Market Revenue, by Product (2019-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Application (2019-2030)
- 26.3. Market Revenue, by Category (2019-2030)
- 26.4. Market Revenue, by Product (2019-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Application (2019-2030)
- 27.3. Market Revenue, by Category (2019-2030)
- 27.4. Market Revenue, by Product (2019-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Application (2019-2030)
- 28.3. Market Revenue, by Category (2019-2030)
- 28.4. Market Revenue, by Product (2019-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Raytheon Technologies Corporation
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. BAE Systems Plc
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. L3 Harris Technologies Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Elbit Systems Ltd.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Lockheed Martin Corporation
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Northrop Grumman Corporation
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Israel Aerospace Industries
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. General Dynamics Corporation
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. The Boeing Company
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Thales Group
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Airbus SE
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
