Global and China Electronic Warfare Systems Market Size, Status and Forecast 2021-2027

Electronic warfare (EW) detects, interprets, controls or disrupts signals in the electromagnetic (EM) spectrum, typically radar, radio or infrared transmissions, to protect military assets from potential threats.
Modern military capabilities rely increasingly on the electromagnetic spectrum. War fighters depend on the spectrum to communicate with each other and their commanders, to understand the environment and inform decisions, to accurately identify and engage targets, and to protect them from harm.
North America is forecasted to hold the largest share in the market due to rising insurgencies, territorial disputes, terrorism, and the unrest with other nations, thus driving the global market upwards till 2026.
Nations like Russia, China, North Korea, and Iran are involved in the act of modernizing their Electronic Warfare equipment in a bid to hold a better share in the market. Acts like these will help foster the growth of the market over the forecasted period.
The segment for electronic support is expected to have the highest growth rate during the forecast period. The rising demand for advanced communication systems and information gathering is of high importance. This makes other applications such as intelligence, surveillance, target acquisition, and reconnaissance (ISTAR), intelligence, surveillance and reconnaissance (ISR), signals intelligence (SIGINT) systems, and other such systems grow with the highest demand. The usage of unmanned aerial vehicles or drones is also rising in recent years, which is also driving market demand. Report data showed that 52% of the Electronic Warfare Systems market is Electronic Support in 2020.
Airborne application segment is forecasted to be the largest segment in the market, with a market share of over 56% globally in 2020. Increasing investments being carried out in the segment by the majority of the leading market players will be the major factor for the growth of the application segment.

Market Analysis and Insights: Global Electronic Warfare Systems Market
The global Electronic Warfare Systems market size is projected to reach US$ 20820 million by 2027, from US$ 15570 million in 2020, at a CAGR of 4.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electronic Warfare Systems market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Electronic Warfare Systems market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electronic Warfare Systems market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electronic Warfare Systems market.

Global Electronic Warfare Systems Scope and Market Size
Electronic Warfare Systems market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electronic Warfare Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Electronic Support
Electronic Attack
Electronic Protection

Segment by Application
Airborne
Naval
Land

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
BAE Systems
Thales Group
Northrop Grumman
Raytheon
Lockheed Martin
Leonardo
General Dynamics
Elbit Systems
L3Harris Technologies
Cobham
Mercury Systems
Saab
Hensoldt

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