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Electronic Warfare Market by Capability, Platform, Product And Region - Global Forecast to 2022

Electronic Warfare Market: Global Forecast until 2022

  • March 2018
  • 180 pages
  • ID: 3846407
In this report:
The electronic support market in Asia Pacific segment is expected to grow at the highest CAGR of ##.##% during the forecast period, from USD ##,##.## million in 2017 to USD ##,##.## million by 2022.
The electronic attack segment in Asia Pacific is expected to grow at the highest CAGR of ##.##% during the forecast period, from USD ##,##.## million in 2017 to USD ##,##.## million by 2022.

Summary

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The electronic warfare market is estimated to rise at a compound annual growth rate of ~4.6 percent during the forecast period.

The electronic warfare market is forecasted to grow from an estimated ~$24.2B in 2017 to ~$30.3B by 2022, at a compound annual growth rate of ~4.6 percent between 2017 and 2022. Electronic warfare refers to the use of electromagnetic spectrum to attack an enemy or counter an enemy attack. The increase in defense expenditures, combined with growing R&D activities to expand advanced electronic warfare products capable of countering enemy attacks, is anticipated to propel the rise of the electronic warfare market across the world. On the other hand, traditional warfare systems being procured by developing countries rather than electronic warfare systems can act as a restraint for the sector.

Established on platform, the airborne-based EW segment is estimated to result the electronic warfare market in 2017.

Established on platform, the airborne-based EW segment is estimated to result the electronic warfare market in 2017.This is primarily due to the high adoption of modern electronic warfare systems for airborne platforms including fighter jets and ISR aircraft as well as unmanned aircraft.

These platforms are being equipped with advanced attack and countermeasure electronic warfare systems.

Established on capability, the electronic support segment is estimated to result the electronic warfare market in 2017.

Established on capability, the electronic support segment is estimated to result the electronic warfare market in 2017. This is primarily attributed to the extensive use of electronic support measures by defense forces to obtain situational awareness of the battlefield for threat evaluation.

Established on product, the EW equipment is estimated to result the electronic warfare market in 2017.

Established on products, the EW equipment is estimated to result the electronic warfare market in 2017.EW products include all the main products in the electronic warfare market that are used for electronic support, electronic attack, and electronic protection.

These products are being equipped in different military platforms for attack and defense using electromagnetic spectrum.

North America continent is estimated to result the electronic warfare market in 2017.The North America area is estimated to result the electronic warfare market in 2017. Regions in this area contain the USA and Canada (CA). The USA has the world's more important military budget and a important amount of its military spending goes into procuring electronic warfare systems. This factor provides to the big market share of North America in the electronic warfare market.

Break-up of profiles of primary members taking part for this industry report:

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

• By Area: North America (NA) - 40.0 percent, Europe (EU) - 20.0 percent, APAC - 10.0 percent, RoW - 30.0 percent

Some of the main actors in the electronic warfare market contain BAE Systels (BAESF), Harris, Raytheon, Northrop Grumman, Lockheed Martin Corporation (NYSE:LMT), and Boeing.

Segment Research

The study segments the electronic warfare market established on capability (electronic support, electronic attack, electronic protection), platform (airborne-based EW, naval-based EW, ground-based EW, space-based EW), and product and maps these segments and sub-segments across main regions, that is, North America continent, EU, Asia-Pac, Middle East area, and Rest of the globe. The analysis offers detailed market intelligence about the market opportunities and top factors that influence the increase of the electronic warfare market (drivers, business restraints, alternatives, and market-specific challenges), together with an study of micromarkets with respect to individual developments trends, prospects, and their contribution to the electronic warfare market.

Why acquiring this study can help you:

From an insight prospect, the electronic warfare market report highlights on several levels of analyses - industry study, market share research of top players, and company descriptions, which together comprise and examine basic views on the competitive landscape, high-growth areas, and territories, and their specific regulatory policies, drivers, industry restraints, and possibilities.

The electronic warfare market report offers business insights on these pointers:

• business entry: Exhaustive information concerning the competitive landscape in the electronic warfare market

• Market Sizing: Market value in the financial year 2015-2016 and projection of the market size between 2017 and 2022

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the electronic warfare market

• Market Overview: Market forces and subsequent analyses of associated trends, drivers, market restraints, and alternatives prevailing in the electronic warfare market

• Market Development: Highlighted information about lucrative industries by analyzing sectors for electronic warfare systems across several areas

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the electronic warfare market

• Regional Review: Factors influencing market shares of North America, Europe (EU), Asia Pacific (APAC), Middle East (ME), and Rest of the globe

• opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of leading market actors

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