2023 Electronic Warfare Market Advance Technology, Business Overview, Forecast 2032

Electronic Warfare Market Segments

The Business Research Company segments it’s Electronic Warfare market report as:

By Products

EW Equipment, Electronic Warfare Operational Support

Electronic Protection, Electronic Support, Electronic Attack By Capability

Land, Naval, Airborne, Space By Platform

Electronic Warfare Market Statistics

The global electronic warfare market size grew from $27.93 billion in 2022 to $29.47 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The electronic warfare market size is expected to grow to $36.48 billion in 2027 at a CAGR of 5.5%.

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Key Market Drivers And Trends

Drivers

The increase in global and regional instability are driving the growth of the Electronic Warfare market

Trends

Artificial intelligence are a key trend gaining popularity in the Electronic Warfare market.

Region

North America was the largest region in the electronic warfare market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

Key Market Players

Major players in the Electronic Warfare market are:

▪ Lockheed Martin Corporation

▪ BAE Systems PLC

▪ Saab AB

▪ Raytheon Company

▪ Thales Group

▪ And more.

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