Covid-19 Impact on Electronic Warfare Market: Updated Study Offering Insights & Analysis up to 2026

NOV 22,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Electronic Warfare Market.

Electronic Warfare Market is likely to witness an impressive CAGR of 5.2% during the forecast period. Defense modernization agendas and rising procurement of sophisticated electronic warfare systems are estimated to drive the global electronic warfare market.

Electronic warfare is the action where the electromagnetic spectrum is used for activities such as attacking an enemy or impeding enemy assaults. The advantage of such a technique is not to let the enemy take advantage.

Electronic warfare has the capabilities of electronic support, electronic attack, and electronic protection. Airborne, ground, naval, and space are the different platforms where electronic warfare is used.

By Capability Type

Based on the capability type, the market is segmented as electronic support, electronic attack, and electronic protection. The electronic support segment is expected to register the highest growth in the coming five years. This high growth rate is owing to the rising engagement of modern warfare techniques in the emerging economies in the Asia-Pacific and the Middle Eastern regions.

By Platform Type

Based on the platform type, the market is segmented as airborne, ground, naval, and space. The space segment is estimated to remain dominant during the forecast period driven by the growing use of satellite-based electronic warfare equipment for various military applications.

By Product Type

Based on the product type, the market is segmented as electronic warfare equipment and electronic warfare operational support. The electronic warfare equipment segment is anticipated to depict a higher growth due to the augmenting procurement of electronic warfare equipment in military ships and aircraft triggered by the merits such as advance electronic protection and electronic support applications.

By Region

In terms of regions, the North American region accounted for the largest share of the market for electronic warfare in 2018. Factors such as territorial disputes, rising insurgencies, terrorism, unrest between neighboring countries, and political acrimonies in the region are also driving the EW market growth in this region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

  • BAE Systems plc
  • Elbit Systems Ltd.
  • General Dynamics Corporation
  • Harris
  • Israel Aerospace Industries
  • Lockheed Martin Corporation
  • Rockwell Collins
  • Saab Automobile AB
  • Teledyne Technologies, Inc.
  • Thales Group

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Electronic Warfare Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

Customization of the Report:

This report can be customized to meet the client’s requirements. In order to provide more accurate market forecast, all the reports are updated before delivery.

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