Electronic Warfare Systems Market

Electronic Warfare Systems Market Outlook (2022-2027)

The global electronic warfare systems market currently accounts for a valuation of US$ 19.3 billion and is expected to reach US$ 24 billion by the end of 2027. Global sales of electronic warfare systems are predicted to increase steadily at a CAGR of 4.5% from 2022 to 2027.

Demand for electronic support systems is anticipated to rise at a CAGR of 5% through 2027 due to the expanding need for equipment and methods for intelligence, surveillance, and reconnaissance by the international defense sector.

Report Attributes	Details
Electronic Warfare Systems Market Size (2022)	US$ 19.3 Billion
Projected Market Value (2027)	US$ 24 Billion
Global Market Growth Rate (2022-2027)	4.5% CAGR
Market Share of Electronic Support	50%
Key Companies Profiled	BAE Systems PLC Boeing Company Israel Aerospace Industries L3Harris Technologies, Inc. Lockheed Martin Corporation Raytheon Company SAAB AB Textron, Inc. Thales Group

Sales Analysis of Electronic Warfare Systems (2017-2021) Vs. Market Predictions (2022-2027)

“Rapid Advances in Electromagnetic Spectrum Technology Driving Market Growth”

According to Fact.MR, a market research and competitive intelligence provider, the demand for electronic warfare systems is projected to increase at a CAGR of 4.5% from 2022 to 2027.

A military tactic known as electronic warfare (EW) uses the electromagnetic spectrum to detect and communicate using radio, radar, or infrared communications as well as to prevent enemy attacks. The electromagnetic spectrum is now used by the armed forces for communication and operation. Modern technologies have been integrated into various military applications due to the ongoing innovations in electronic support measure (ESM) technology.

Market expansion can be attributed to several factors, including advances in electromagnetic spectrum technology, an increase in geopolitical tensions and terrorist attacks, and an increase in the military's use of unmanned aerial vehicles (UAVs).

The adoption of electronic warfare is being pushed by factors such as the growing requirement for the command to make choices quickly based on information gathered, obtaining a common operating picture of military operations, and transferring them to the preferred platform with a high level of encryption.

Usually, commanders have only taken geography, time, and function into account while planning and carrying out operations. Due to the complexity and dynamic nature of today's battlefields and red alert zones, where commanders must weigh many interrelated factors when making judgments, modern electronic warfare is being used more frequently.

Increased defense spending globally, an increase in the demand for surveillance, intelligence, and self-protection capabilities, and the adoption of electronic security systems in civil aircraft are the factors driving market expansion.

What Bolstering Market Revenue from Electronic Warfare Systems?

“Growing Demand for AI-enabled Warfare Systems to Battle Dynamic Threats”

Integrated electronic warfare systems have improved due to technological innovations in military hardware. To defend against new and developing threats, integrated video surveillance systems can be used, which has benefits, including remote operations, real-time tasking, and reprogramming.

Electronic warfare systems that are integrated also make it possible to communicate with various other EW systems, improving the coordination of operations. Electronic warfare systems can be connected with sensors and avionics without requiring any technical adjustments. This lowers the cost of system integration and guarantees quick system deployment across numerous platforms.

Since electronic jammers can malfunction an aircraft's radar or electrical system, every military aircraft must be outfitted with advanced electronic warfare integrated suites, such as anti-jamming devices. Therefore, to defend themselves against electronic attacks, military aircraft deploy electronic countermeasure tactics. Armed forces are updating their aircraft with technologically advanced countermeasure tactics because old countermeasure techniques are inefficient and no longer viable against such threats.

Due to the growing demand for artificial intelligence-enabled warfare systems to battle dynamic threats, as well as the rise in territorial disputes and geopolitical instability, the market for cognitive electronic warfare systems is becoming increasingly significant. Another important element that could spur market growth over the coming years is the development of gallium nitride-based products for electronic warfare systems.

What Could Hamper Electronic Warfare System Sales to Some Extent?

“High Cost of Electronic Warfare Equipment Dampening Market Expansion”

Market growth is hampered by reasons such as electronic warfare's high cost and restricted effective range. Due to their complex design and manufacturing processes, electronic warfare devices are costly.

The amount of power available and the variety of terrain they operate in limit the ability of electronic warfare jammers and sensors, which can occasionally interfere with friendly communication. Market expansion is constrained by the high upfront costs associated with upgrading digital electronic warfare systems.

What Should Aspiring Market Players Focus On?

“Start-ups Making Significant Investments in Advancement of Electronic Warfare Technologies”

New market players are focusing on the introduction of advanced products. New entrants form alliances to diversify their product lines and establish a strong presence in the global market. New companies are making significant investments in the advancement of electronic warfare technologies.

• TurbineOne, a start-up based in the U.S., offers a framework for warfighters' battlefield views. It uses machine learning (ML) to provide data-driven combat insights. This entails the categorization of killer robots, threat detection, target identification, and AI-based video processing. It uses a self-healing mesh protocol to deliver these data and alarms even in disconnected, intermittent, and low bandwidth (DIL) contexts. As a result, combatants can get intelligent notifications for hidden threats on the battlefield without coding or relying on the internet.

Which Region Should Electronic Warfare System Manufacturers Invest In?

“High Investments by Government Organizations in Electronic Warfare Technologies in North America”

North America leads the electronic warfare systems market. Growing investments by government organizations in electronic warfare technologies, rising adoption of spectra electronic warfare systems, and established and well-known producers of electronic warfare systems are all contributing to market growth in the region.

Market growth is fueled by the increasing strategic initiatives & investments in new product innovations and rising demand for aircraft communication systems.

Country-wise Insights

What’s Boosting the United States Electronic Warfare Systems Market Size?

“Rising Use of Cognitive Electronic Warfare Systems in the U.S.”

The electronic warfare systems market in the U.S. is expanding due to the increasing demand for electronic warfare training systems, rising use of cognitive electronic warfare systems, and growing research and development activities to produce electronic warfare systems with cutting-edge technology.

Increased technological advancements in electronic countermeasure systems and a rise in defense spending are anticipated to boost market revenue growth.

How is China Contributing to the Sales of Electronic Warfare Systems?

“Increasing Efforts by Chinese Military to Enhance Current Electronic Warfare Communications”

The electronic warfare systems market in China is expected to rise at a CAGR of 7% over the forecast period.

Market expansion in China is being driven by increasing efforts by the military to enhance its current electronic warfare communications & intelligence-gathering capabilities and the rising adoption of tactical electronic warfare systems.

Category-wise Insights

Why is Electronic Support Expected to Gain Immense Popularity in This Space?

“Growing Usage of Electronic Support in Tactical Settings to Obtaining Intelligence”

Based on capability, the electronic warfare systems market is divided into, electronic protection, electronic attack, and electronic support. Electronic support accounts for 50% share of the global market.

Electronic support entails tasks, including recognizing, locating, searching, and separating friendly and harmful electromagnetic waves. To identify threats, pinpointing the source of electromagnetic radiation is essential. In tactical settings, it is also applied to obtaining intelligence.

Recently, the usage of military robots such as unmanned aerial vehicles and unmanned marine vehicles has grown. Global demand for electronic warfare support systems has been greatly fueled by the rising number of internal and external conflicts.

The system generates a contextual image displaying active actions based on the signals it has received. The system also allows for additional signal analysis. Better electronic assistance is required due to the increasing number of unmanned systems, as autonomous and remotely operated vehicles primarily rely on electronic communications and systems.

As a result, investments in ground-based radar EW systems that offer electronic assistance for carrying out intelligence, surveillance, and reconnaissance missions are also rising, which is projected to fuel the segment expansion over the coming years.

Which Platform is Likely to Contribute the Most to Market Expansion?

“Increasing Procurement of Combat Aircraft and UAVs by Defense Sectors of Various Countries”

The electronic warfare systems market is segmented into space-based EW, naval-based EW, ground-based EW, and airborne-based EW based on platform.

The airborne-based EW segment is anticipated to experience rapid growth over the coming years. Electronic warfare equipment is starting to move from surface platforms to airborne platforms, especially for electronic support tasks such as detection and surveillance, as a result of better electromagnetic interference control.

The advantages of EW equipment have led to an increase in its use on drones. Despite their limitations in size and power production, airborne devices have the advantages of range and reach.

Competitive Landscape

Major market participants are concentrating on the development of novel products because the needs of armed forces throughout the world are changing. Key companies in the electronic warfare systems market are using a variety of tactics, engaging in mergers and acquisitions, strategic agreements, and contracts, as well as designing, testing, and implementing more efficient electronic warfare technology.

For instance :

• In March 2022, the launch of new electronic warfare (EW) suite by BAE Systems, which gives platforms access to both offensive and defensive EW capabilities, was announced. The system, known as Storm EW Modules, can be customized for use by ally fleets and is compatible with guided missiles, unmanned aerial vehicles, and fixed-wing aircraft.

Segmentation of Electronic Warfare Systems Industry Research

• By Capability :

  • Electronic Support
  • Electronic Attack
  • Electronic Protection

• By Platform :

  • Airborne-based EW
  • Naval-based EW
  • Ground-based EW
  • Space-based EW

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa