According to a new market research report, “Electronic Warfare Market Forecast Analysis (2014– 2020) (Electronic Support, Electronic Attack and Electronic Protection)”, the total global electronic warfare market is expected to reach $15,590million by 2020 with a CAGR of 4.50%.
Electronic protection deals with protection from enemy’s electronic warfare deployment. It uses various techniques like frequency hoping to protect a platform from the electronic attack of an enemy.
The electronic warfare market can be split as 20% of electronic attack, 50% of electronic support and 30% of electronic protection. With respect to platform, airborne is 40%, land-based is 20% and naval is 40%. Naval electronic systems are typically considered to be expensive as they have higher number of sensors to complement the system.
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Electronic warfare is an indispensible 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 the faster signal processors enables better performance.
Though the 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.
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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 systems will play a crucial role with respect to maintaining stealth and at the same time, counter stealth.
Brazil will be the leader in the Latin America 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 from 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.
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