Electronic Warfare Market Worth $15,590 Million by 2020
DALLAS, December 16, 2013 /PRNewswire/ –
According to a new market research report “Electronic Warfare Market Forecast Analysis
(2014- 2020)”, by MarketsandMarkets, the total global electronic warfare market is
expected to reach $15,590 million by 2020 with a CAGR of 4.50%.
Browse 62 market data tables and 88 figures spread through 231 pages and in-depth TOC
on “Electronic Warfare Market (2014 – 2020)”
Early buyers will receive 10% customization on this report.
Electronic warfare is an indispensable component of any military force. The capability
and efficiency of the electronic warfare system can change the outcome of a war.
Electronic warfare systems in the past consisted of analog systems with capabilities
limited by the hardware and software. The advancements in the field of electronics enable
today’s electronic warfare systems to incorporate more digital capability and faster
signal processors enable better performance.
Though airborne and naval platforms have dominated electronic warfare in the past
decade, the land-based electronic warfare systems are now gaining importance. There is
also an increasing popularity of smaller electronic warfare systems that can be integrated
with smaller platforms like unmanned aerial vehicles (UAVs) and patrol vessels.
The market will see considerable growth due to stealth aircrafts and naval vessels.
These platforms are hard to detect and track due to which the electronic warfare system
will play a crucial role with respect to maintaining stealth, and at the same time,
The global Electronic Warfare Market is estimated to be $12.15 billion in 2014 and is
expected to register a CAGR of 4.50% to reach $15.59 billion in 2020. The growth regions
will be Latin America, Middle East and Asia-Pacific.
Brazil will be the leader in the Latin American region due to their commitment to
electronic war systems’ research, development and implementation. In Asia and Middle-East
the growth will be from border disputes and the response to these disputes. The agenda for
the briefing includes discussion on key high growth markets, thereby marking the growth
trend in the electronic warfare market. Furthermore, a briefing is conducted on the
competitive scenario and geographic trends and opportunities in the United States, Europe,
China, Canada and Brazil.
Scope of the report
This report analyzes the Global Electronic Warfare Market based on:
- Types of electronic warfare - Geographic regions - Countries
In addition to market sizes and forecasts, the report also provides a detailed
analysis of the market trends and factors influencing market growth, and offering in-depth
geographic analysis of the electronic warfare market in United States, Europe, Canada,
Brazil, and Japan. The report draws the competitive landscape of electronic warfare
market, providing an in-depth comparative analysis of the technological strategies of the
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