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Electronic Warfare Market Worth 30.32 Billion USD by 2022


News provided by

MarketsandMarkets

05 Mar, 2018, 16:30 GMT

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PUNE, India, March 5, 2018 /PRNewswire/ --

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According to the new market research report "Electronic Warfare Market by Capability (Electronic Support, Electronic Attack, Electronic Protection), Platform (Airborne, Naval, Ground, Space), Product (EW Equipment, EW Operational Support), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is estimated at USD 24.20 Billion in 2017 and is projected to reach USD 30.32 Billion by 2022, at a CAGR of 4.61% from 2017 to 2022. The increasing procurement of electronic warfare systems due to the growing transnational and regional instability across the world is expected to drive the market for electronic warfare. The rising use of electronic warfare technologies for geospatial intelligence gathering is expected to further drive the electronic warfare market during the forecast period.

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Browse 81 Tables and 51 Figures spread through 178 Pages and in-depth TOC on "Electronic Warfare Market - Global Forecast to 2022"

https://www.marketsandmarkets.com/Market-Reports/electronic-warfare-market-1301.html

Early buyers will receive 10% customization on this report 

The space platform segment is projected to grow at the highest CAGR during the forecast period. 

Based on platform, the space segment of the electronic warfare market is projected to grow at the highest CAGR from 2017 to 2022. With the introduction of satellite communication, military forces are trying to jam enemy satellites to seize their communication. To protect communication satellites from being jammed, militaries are procuring electronic countermeasure systems for satellites.

The electronic support segment is projected to grow at the highest CAGR during the forecast period. 

Based on capability, the electronic support segment of the electronic warfare market is projected to witness the highest growth during the forecast period. Electronic support systems are deployed on various platforms. They provide communication and electronic intelligence to the military forces.

Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=1301

Asia Pacific is projected to be the fastest-growing market for electronic warfare during the forecast period. 

The electronic warfare market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the high demand from countries such as China, India, and Japan. The military budgets of these countries are increasing year-on-year due to the increasing adoption of advanced warfare techniques. These countries are adopting electronic warfare systems rather than traditional systems to keep up their military force superiority.

Inquiry Before Buy @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1301

Major players operating in the electronic warfare market include Harris (US), BAE Systems (UK), Raytheon (US), Lockheed Martin (US), Boeing (US), SAAB (Sweden), Northrop Grumman (US), Israel Aerospace Industries (Israel), and Thales (France).

Browse Related Reports 

C4ISR Market by Application (Communication, Command & Control, Computers, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare), Platform (Land, Naval, Airborne, and Space), Solution, End User, and Region - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/c4isr-market-1315.html

Military Radars Market by Component (Antenna, Transmitter, Receiver, Duplexer, Display, Digital Signal Processor), Platform (Land, Naval, Airborne, Space), End User, Type, Frequency Band, Dimension, Range, Application, & Region - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/military-radar-market-51422570.html

Subscribe Reports from Aerospace & Defence Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

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