Electronic Warfare Market Size, Share, Growth Analysis, 2032

Electronic Warfare Industry Perspective:

The global electronic warfare market size was worth around USD 19.23 billion in 2023 and is predicted to grow to around USD 30.03 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.20% between 2024 and 2032. The report analyzes the global electronic warfare market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the electronic warfare industry.   

The report analyzes and forecasts the electronic warfare market on a global and regional level. The study offers past data from 2018 to 2022 and a forecast from 2024 to 2032 based on revenue (USD Billion). The assessment of electronic warfare market dynamics gives a brief thought about the market drivers and restraints along with their impact on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the electronic warfare market on a global level.

Request Free Sample

Electronic Warfare Market: Overview

Electronic warfare is any operation performed via directed energy or electromagnetic spectrum to manage the spectrum, attack enemy, or avoid enemy attacks. The system is also used to sense the radar of incoming missiles and listen to it. The system is crucial and the most important part of the military and defense, as it both attacks and prevents attacks. With rising terrorism globally, the demand for electronic warfare is also accelerating.

Request Free Sample

The report gives a transparent view of the electronic warfare market. We have included a detailed competitive scenario and portfolio of leading vendors operative in the electronic warfare market. To understand the competitive landscape in the electronic warfare market, an analysis of Porter’s Five Forces model for the electronic warfare market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Electronic Warfare Market: Growth Factors

The continual developments in the electromagnetic spectrum and regional and international conflicts are major drivers of the electronic warfare market. Moreover, the wide use of electronic and associated tools with weapon systems is also leading to the electronic warfare market development, as it is necessary to detect and counter the attacks. Furthermore, small electronic systems can be integrated with unmanned aerial vehicles and patrol vessels, which is another growth driver of the electronic warfare market. However, the high deployment cost of electronic warfare systems may retrain this market. Nevertheless, this system is accurate, efficient, and reliable, which is a growth opportunity for the electronic warfare market.

Electronic Warfare Market: Segmentation

The study provides a crucial view of the electronic warfare market by segmenting it based on capability, platform, product, and region. All the segments of the electronic warfare market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

The electronic warfare market is fragmented based on capability, platform, and product.

By platform, the market includes airborne-based, ground-based, naval-based, and space-based EW. The airborne based EW segment is expected to grow notably, owing to its rising demand in most of the countries. The system provides a well-developed mechanism that provides strategies for an aircraft, keeping in mind the sections and missions required to penetrate a specific region.

Hence, the system supports and enables missions in a diverse range of situations, such as supersonic speeds, densely populated hostile environment, and low altitude flight. All this is driving this segment’s growth in the global market.

Ground-based EW systems are affordable, easy to hide, and efficient, which is driving their market demand. Moreover, the system continuously scans the area for threat signals and protects the ground forces by alarming them about the situation.

Electronic Warfare Market: Report Scope

Electronic Warfare Market: Regional Analysis

The regional segmentation comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe. North America is expected to lead the electronic warfare market due to its strong military focus on adopting new technologies and counter-insurgency efforts. Additionally, the ability to integrate electronic warfare (EW) systems with smaller devices improves security and productivity. The Asia Pacific region is also a strong contender due to rising defense investments and government initiatives to modernize warfare systems.

Request Free Sample

Electronic Warfare Market: Competitive Analysis

The global electronic warfare market is dominated by players like:

• Lockheed Martin
• Rockwell Collins
• SAAB
• Harris
• Boeing
• Northrop Grumman
• Teledyne Defense
• BAE Systems
• Thales
• Raytheon Co.
• L-3 Communications
• IAI Elta
• Alliant Techsystems

This report segments the global electronic warfare market into:

By Capability Segment Analysis

• Electronic Attack
  • Active
  • Passive
• Electronic Protection
  • Anti-Active
  • Anti-Passive
• Electronic Support
  • Signal Intelligence (SIGINT)
  • Others

By Platform Segment Analysis

• Airborne-Based EW
  • Fighter Jets
  • Transport Aircraft
  • Special Mission Aircraft
  • Unmanned Aerial Vehicle (UAV)
• Ground-Based EW
  • Vehicle
  • Soldier
  • Base Stations
• Naval-Based EW
  • Ships
  • Submarine
  • Unmanned Marine Vehicle (UMV)
• Space-Based EW

By Product Segment Analysis

• EW Equipment
  • Anti-Radiation Missiles
  • Antennas
  • Countermeasure Dispenser System (CMDS)
  • Counter UAV System
  • Direction Finders
  • Directed Energy Weapons
  • Directional Infrared Countermeasures (DIRCM)        
  • Electromagnetic Shielding/Hardening
  • Emission Control
  • Identification Friend or Foe
  • Interference Mitigation
  • IR Missile Warning System 
  • Jammers
  • Laser Warning Receiver
  • Radar Warning Receiver
  • Self-protection EW Suite
• Electronic Warfare Operational Support (EWOS)

By Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa