Electronic Warfare Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024- 2030)

Electronic Warfare Market Size

Electronic Warfare Market Growth Drivers & Opportunities

Increase in Use of Cyberspace Is Major Trend

• Military forces operate in cyberspace, a space is not physical in nature, but electronic messages exist while they are being seen or received from one network to another.
• Defensive units deploy sensors in the air and ground to spot enemy activity, for which radiofrequency is used. With the use of wireless routers and tactical radio, the electromagnetic spectrum functions as one continuous and coherent environment.
• The electromagnetic spectrum and cyberspace create a common electromagnetic environment known as the cyber-electromagnetic domain. This evolution in technology is a major trend as this domain is expected to be the centerpiece of future wars.

Rise in Geopolitical Conflicts and Ongoing Wars in Different Regions

• Diplomatic and strategic relations between different countries can break down any time, turning friends into foes. For this reason, almost all countries are expanding their military capabilities and adopting electronic warfare.
• Countries that share borders are at a perpetual threat from one another, regardless of how cordial the relations between them are. Thus, they are strengthening their weaponry with advanced systems.
• The recent ongoing wars between Russia and Ukraine as well as between Israel and Gaza are driving the global electronic warfare market in present times. Moreover, the volatile India–China and India–Pakistan relationship continues to offer opportunities to defense firms specializing in electronic warfare.

Limitations on Investment and R&D Hamper Market Growth

• Global policies are formed in such a way that, often, every country has to disclose its budget for the military and defense sector, and there is a certain value that should not be crossed, especially for countries not part of NATO or a permanent UNSC member.
• A country may invest heavily on its defense and counter-attack capabilities, but that will potentially lead to more volatility in geopolitics. For this reason, research & development in the sector often suffer as this aspect of defense needs substantial investments.

Electronic Warfare Market Outlook

Application Insights

• The airborne category is the largest, with an estimated share of 40% in 2024. It will also be the fastest-growing category, advancing at a CAGR of 12.8%, during 2024– 2030. Airborne electronic attack is a crucial capability for gaining an advantage in the electromagnetic spectrum. It includes disabling, denying, and degrading the enemy’s air defenses by manipulating radars with radiofrequency.
• Deploying/integrating electronic decoys in combat aircraft and missiles can help in deceiving enemy air defense systems.

The following are the major applications of electronic warfare technologies:

• Naval
• Airborne (Largest and Fastest-Growing Category)
• Ground
• Unmanned

Category Insights

The electronic support category holds the largest share, of 45%, in 2024. It will also witness the highest CAGR, of 12.7%, during the forecast period. The information gathered from electronic support is vital for decisions regarding attacking and protecting. Units deployed for this purpose detect enemy communication networks and radars, which are crucial in making strategic decisions.

The data gathered is used to generate electronic intelligence (ELINT), signal intelligence (SIGINT), and communications intelligence (COMINT).

The following categories of electronic warfare are covered in the report:

• Electronic Protection
• Electronic Warfare Support
• Electronic Attack System
• Electronic Support (Largest and Fastest-Growing Category)

Product Insights

• Signal jammers is dominating the market, with a share of 20%, in 2024. They are also expected to be the fastest-growing category, at a CAGR of 13.2%, during 2024–2030. Jammers are designed to deceive, disrupt, or block enemy radars and communication systems, by radiating interfering signals.
• With the use of jammers, an air force unit can perform a counter operation without being detected by enemy radars and activating their enemy’s defense system.

The market report contains a demand analysis of the following products:

• Advanced Threat Infrared Countermeasures (ATIRCM)
• Antennae/Antenna Arrays
• Anti-Jam Electronic Protection Systems
• Anti-Radiation Missiles (ARM)
• Common Missile Warning Systems (CMWS)
• Countermeasures Dispenser Systems (CMDS)
• Digital Electronic Warfare Systems (DEWS)
• Directed Energy Weapons
• Directional Infrared Countermeasures (DIRCM)
• Electronic Support and Attack Platforms
• Electronic Warfare Self-Protection (EWSP) Suites
• Electromagnetic Shielding/Hardening Systems
• Emission Control (EMCON) Systems
• Geospatial Location and Exploitation Systems
• Identification Friend or Foe (IFF) Systems
• Infrared Missile Warning System
• Multi-INT Data Sensors with ML-based Processing
• Multi-Spectral Situational Awareness Sensors
• Passive Active Warning Survivability Systems
• Radar Warning Receivers (RWR)/Laser Warning Receivers (LWR)
• Radiofrequency Countermeasures (RFCM)
• Resilience-in-Depth Cyber Systems
• Signal Jammers (Largest and Fastest-Growing Category)

North America Is Largest Revenue Contributor

• North America held the largest worldwide market share, of around 50%, in 2024. One of the major reasons for this is the strong focus the U.S. lays on its defense infrastructure.
• The country had a defense budget of USD 877 billion in 2022, greater than the combined budget of all other countries in the world.
• The U.S. invests heavily to equip its army, air force, navy, marines, and space force with advanced handheld weapons, aircraft, and ships. Its defense supremacy is backed by its mammoth spending on the research, development, and manufacturing of electronic warfare systems.
• Most major defense and weapons companies are either headquartered or have a significant research, manufacturing, and marketing presence in the region.
• Asia-Pacific is the fastest-growing market, at a CAGR of 12.7 during 2024–2030. In this region, several countries share borders with one another, which is why sour relations characterize the geopolitical landscape here.
• India, China, Pakistan, North Korea, and Japan are expanding their military capabilities with electronic warfare systems.

The regions and countries analyzed in this report include:

• North America (Largest Regional Market)
  • U.S. (Larger and Faster-Growing Country Market)
  • Canada
• Europe
  • U.K. (Largest and Fastest-Growing Country Market)
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific (APAC) (Fastest-Growing Regional Market)
  • China (Largest Country Market)
  • Japan
  • India (Fastest-Growing Country Market)
  • South Korea
  • Australia
  • Rest of APAC
• Latin America (LATAM)
  • Brazil (Largest and Fastest-Growing Country Market)
  • Mexico
  • Rest of LATAM
• Middle East and Africa (MEA)
  • Saudi Arabia (Largest Country Market)
  • South Africa
  • U.A.E. (Fastest-Growing Country Market)
  • Rest of MEA

Market Competition – Consolidated

Companies working in the defense sector are strongly monitored by regulatory bodies, and license are not easily given for the manufacturing of weapons and electronic warfare.

The electronic warfare market has the presence of global as well as local market layers. Several MoUs are signed between governments and EW technology providers and manufacturers each year. Moreover, state-owned companies are collaborating with private companies to develop new technologies, which keeps the intensity of competition moderate.

Electronic Warfare Market News

• In May 2023, ELTA Systems Ltd., a subsidiary of Israel Aerospace Industries, won a USD 100-million contract to provide signal intelligence to an international anonymous customer.
• In May 2023, BAE Systems PLC received a contract from the British Ministry of Defence for combat vehicles, reconnaissance drones, aircraft carriers, and fighter jets.
• In February 2023, MBDA Germany signed an MoU with Israel Aerospace Industries to provide electronic air defense systems and the required training to German armed forces personnel.
• In August 2022, Boeing opened a new research and technology development center in Japan to strengthen its strategic partnership with the country.
• In July 2022, Elbit Systems and Krauss-Maffei Wegmann (KMW) signed an MoU for rocket artillery. The multiple launch rocket system (MLRS) technology will be provided for long-range rockets.
• In May 2022, Northrop Grumman Corporation won a contract from the U.S. government for the Integrated Viper Electronic Warfare Suite (IVEWS), the AN/ALQ-257.