The electronic warfare market comprises products such as electronic support (ES), electronic attack (EA) and electronic protection (EP) solutions that find wide applications across various platforms including airborne, ground, naval and space. Advancements in electronic warfare technologies have enabled defensive and offensive capabilities against threat signals and radars. Electronic warfare solutions offer several advantages such as enhanced situational awareness, protection against threats and capability to locate, identify and disrupt hostile radars. Growing emphasis on situational dominance, evolution of modern battlefields and rising threats continue to strengthen demand for electronic warfare systems globally.

The Global Electronic Warfare Market is estimated to be valued at US$ 18.45 Bn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Electronic Warfare are BAE Systems plc, Elbit Systems Ltd., General Dynamics Corporation, Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, SAAB AB, Thales Group, Mistral Solutions Pvt. Ltd., Chelton Limited, Rafael Advanced Defense Systems Ltd, Rohde Schwarz India Pvt Ltd, QUEST GLOBAL, Mercury Systems, Inc., IAI, DRDO, TEKTRONIX, INC., and Tata Advanced Systems Limited.

The key opportunities in the Electronic Warfare Market Size  include growing procurement of advanced EW solutions by militaries across countries, increasing R&D to develop revolutionary technologies such as laser-based EW and use of artificial intelligence in EW systems. There is also a rising demand for integrated electronic warfare systems that combine multiple EW capabilities.

Technological developments are also expected to drive growth of the electronic warfare market. Examples include development of laser-based directed energy weapons, unmanned electronic warfare platforms, frequency-agile jamming systems, quantum radar technologies and cognitive electronic warfare systems powered by AI and machine learning. Advanced materials and miniaturization of components continue to expand operational capabilities of modern EW systems.

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