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Global Electronic Warfare Market 2014-2020: Category (ECM, ESM, ECCM), Technology (Electronic Attack, Electronic Support, Electronic Protection) & Platforms (Airborne, Naval, Land, Unmanned


News provided by

Research and Markets

Apr 14, 2015, 01:25 ET

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DUBLIN, Apr. 14, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/k38jwj/electronic) has announced the addition of the "Electronic Warfare Market by category (ECM, ESM, ECCM), by technology (Electronic Attack, Electronic Support, Electronic Protection), by Platforms (Airborne, Naval, Land, Unmanned), and by Geography - Forecast & Analysis to 2014 - 2020" report to their offering.

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The global Electronic Warfare market is estimated to be $17.72 Billion in 2014 and is expected to register a CAGR of 5.37% to reach $24.25 billion by 2020.

The wide ranges of threats like stealth aircrafts, GPS jamming, and RCIED that are currently present are driving factors for electronic warfare systems. Furthermore, there is a future threat of hypersonic platforms and cruise missiles. Since battle space is moving from the traditional battlefield to the urban environment, the challenge will be to ensure efficient management of the spectrum. The threat of all these entities forces nations to acquire or develop a suitable electronic warfare system.

Though the U.S. and the U.K. have been the biggest markets for electronic warfare systems, the recent economic scenario has seen defense budget cuts in these markets. Emerging economies like Brazil and India look more attractive. Key markets including Republic of Korea, Australia, and Canada can drive the growth of this market. China remains a tough market to crack with strict government regulations in the defense sector, indigenous programs, and copyright issues with respect to military hardware and technology. Russia, with respect to electronic warfare, continues to be highly indigenized with all the manufacturing done by Russian companies.

The rise in the conflicts and territorial disputes between various nations in the Middle East and APAC regions has increased the need for EW measures. Modern land armies are progressively more dependent on information systems comprising communications & information systems, and networks & sensors. These systems have the potential to produce significant changes in the behavior of warfare. As a result of the use of information-age systems, there has been a significant change in the nature of battle-field. North American region drives the EW market and the U.S. nation leads globally in the expenditure on EW system.

Various factors such as changes in the battle space, increasing exploitation of electromagnetic spectrum, and integration of EW systems with other war-fighting equipment are driving the Electronic Warfare market, globally. Rise in the asymmetric warfare and counter insurgencies are propeling the growth of EW market. Economic concerns in the emerging market and the defense budget cuts are the major factors restraining the growth of EW market over the forecast period.

Raytheon (U.S.), Alliant Techsystems, Inc. (U.S.), BAE Systems (U.K.), Rockwell Collins (U.S.), IAI Elta (Israel), and L-3 communications (U.S.) are the key players in the EW market, globally and account for more than 40% of the total market share. General Dynamics Corporation (U.S.), SAAB (Sweden), Thales (France), and Teledyne Defense Ltd. (U.K.) are other prominent players in the EW market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry & Technolgy Trends

7 Electronic Warfare Market, By Category

8 Electronic Warfare Market, By Product

9 Electronic Warfare Market, By Platforms

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

- Airbus Group N.V
- Alliant Techsystems, Inc.
- Bae Systems
- General Dynamics Corporation
- IAI
- L-3 Communications Holdings Inc
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Co
- Saab Group
- Teledyne Defence Ltd.
- Thales

For more information visit http://www.researchandmarkets.com/research/k38jwj/electronic

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

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