Electronic warfare

Global Electronic Warfare Market 2016-2020

This market research report includes a detailed segmentation of the global electronic warfare market by platforms (airborne, naval, land-based, and unmanned) and by technology (electronic protection, electronic attack, and electronic warfare support). It also outlines the market shares for key regions such as the Americas, EMEA, and APAC. The leading vendors analyzed in this report are BAE, General Dynamics, Lockheed Martin, Northrop Grumann, and Raytheon.

Outlook of the global electronic warfare market 
Technavio’s market research analyst predicts the global electronic warfare market to grow at a CAGR of approximately 4% by 2020. With the recent rise in disputes among countries like Russia, Ukraine, US, Mexico, China, India, and Pakistan, defense forces across the world are compelled to adopt new and modernized systems and technologies to strengthen their warfare capabilities. The augmented adoption of such upgraded systems will result in the steady growth of this market during the forecast period.

Recent product innovations in this market are expected to boost market growth until 2020. The innovation of new technologies and the invention of new ways to offer better solutions to the defense sector will foster the prospects for growth in this market. For instance, counter radio-controlled improvised explosive device electronic warfare (CREW) systems are widely utilized by military and law enforcement personnel to detonate the remote-controlled improvised explosive device (RCIEDs). These systems are vehicle mounted and man-portable, and are used to counter remote-controlled IEDs.