A recent report was published by Reports and Insights which provides extremely crucial and in-depth knowledge about the title “Electronic Warfare Market: Opportunity Analysis and Future Assessment 2022-2030” this report enlightens the readers about the current market dynamics of the market, its opportunities and challenges along with its future in the coming years. A synopsis of the market size and in-depth comprehension of the facts directed most meticulously and thoroughly for the development of the relevant market. Moreover, to make it more valuable for the readers, there is an extensive conceptual framework along with accurate information and some interesting graphical representation. The report further also aims to fulfil the essence of quantitative and qualitative synopsis which reflects upon the conceptual framework and pragmatic methodology of the market
The global electronic warfare market is estimated to reach at a value of US$ 18.7 Bn by the end of 2022 and expected to reach at a value of US$ 26.0 Bn by 2030 with a significant CAGR of 4.2%.
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Electronic Warfare Introduction
Electronic Warfare (EW) can be comprehended by the usage of electromagnetic or guided energy and unified cyber competencies to pull off intelligence and military missions. The more meticulously a military force ventures the entire electromagnetic (EM) gamut – microwaves, radio waves, millimeter waves, ultraviolet light, infrared, visible light, and gamma rays – and cyber effects, the more effectively it can anticipate adverse hazards and retort to attacks electronically.
At the very least, Electronic Warfare (EW) is beneficial in regulating and administering the electromagnetic (EM) gamut to determine, evaluate, and trail prospective threats, offering circumstantial awareness that a country and its allies require in order to organize diplomatic insights, defensive measures, and offensive alternatives at every level prior to the emergence of conflicts.
In addition to that, the electronic warfare (EW) allows Joint Electromagnetic Spectrum Operations (JEMSO), which offers the nation’s armed forces the capability to manipulate, strike, and safeguard the EM operation environment.
The rapid technological advancements and swift integration of advanced electronics in military equipment is primarily projected to drive the growth of the global electronic warfare (EW) market over the coming years.
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Electronic Warfare Market Segmentation
The global electronic warfare market is segmented on the basis of capability, equipment, product, platform, and region.
By Capability
- Electronic Protection
- Electronic Support
- Electronic Attack
By Equipment
- Jammer
- Countermeasure system
- Decoy
- Directed energy weapon
- Others
By Product
- EW equipment
- EW operational support
By Platform
- Land
- Naval
- Airborne
- Space
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Electronic Warfare Market Key Players
Some of the key participating players in electronic warfare market are:
- BAE Systems plc
- Elbit Systems Ltd.
- General Dynamics Corporation
- Israel Aerospace Industries Ltd. (IAI)
- L3Harris Technologies, Inc.
- Leonardo SpA
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- SAAB AB
- Thales Group
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