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Asia Pacific Electronic Warfare Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services), Application (Electronic Attack, Electronic Protection, and Electronic Warfare Support), and Product Type (Countermeasure Systems, Jammers, Sensor Systems, Weapons Systems, and Others)

Report Code :  BMIRE00025384
No. of Pages :  156
Published Month :  Jul 2022
Category :  Aerospace and Defense
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The APAC electronic warfare market is expected to grow from US$ 5,039.17 million in 2021 to US$ 8,311.52 million by 2028; it is estimated to grow at a CAGR of 7.4% from 2021 to 2028.

 

In the information age battlespace, next-generation fighters will encounter a drastically new electronic warfare and electronic intelligence environment. Rapid technological advancements will significantly impact 21st-century conflicts because advanced systems will provide increased situational awareness; better threat assessment; and accurate, timely, and automated matching of active signals with the resources of widely distributed libraries. Within a dispersed virtual environment, operators and analysts will be able to collaborate in real-time. They will configure, launch, and control highly efficient software agents to efficiently and swiftly complete geographically distributed activities and complicated analyses within a dynamic operational context. Exciting new possibilities are developing due to developments in information technology, piquing the interest of military officials and leading to requirements that take advantage of the latest technologies while driving even more technological advancements.  Information superiority is a core premise of evolving doctrine, with electronic warfare (EW) and electronic intelligence (ELINT) as components of information operations. It combines intelligence, surveillance, and reconnaissance with command, control, communications, computers, and intelligence to obtain and assimilate the knowledge that can be used to dominate and defeat opponent forces while successfully deploying friendly troops. Field commanders will be able to truly control the essential observe, orient, decide, and act loop due to the computer knowledge and powerful software used to EW for 21st-century information technology. It features near-real-time awareness of friendly, adversary, and neutral forces' locations and activities across the battlefield and seamless, strong networking of social pressures to provide a consistent battlespace understanding. Therefore, technological advancements in electronic warfare are expected to drive the market growth in the coming years.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC electronic warfare market in the coming years. The market is expected to grow at a good CAGR during the forecast period. 

 

APAC Electronic Warfare Market Revenue and Forecast to 2028 (US$ Million)

      

 

APAC Electronic Warfare Market Segmentation  

 

The APAC electronic warfare market is segmented based on component, application, product type, and country. Based on component, APAC electronic warfare market is segmented into hardware, software, and services. The hardware segment dominated the market in 2020 and software segment is expected to be fastest growing during forecast period. Based on application, APAC electronic warfare market is segmented into electronic attack, electronic protection, and electronic warfare support.  The electronic warfare support segment dominated the market in 2020 and electronic attack segment is expected to be fastest growing during forecast period. Based on product type, APAC electronic warfare market is segmented into countermeasure systems, jammers, sensor systems, weapons systems, and others. The sensor systems segment dominated the market in 2020 and countermeasure systems segment is expected to be fastest growing during forecast period. Based on country, the APAC electronic warfare market has been segmented into China, India, Japan, South Korea, Australia, and rest of APAC.  

 

BAE Systems; Cobham Limited; L3Harris Technologies, Inc.; Leonardo S.p.A.; Lockheed Martin Corporation; Northrop Grumman Corporation; Raytheon Technologies Corporation; Saab AB; Textron Inc.; and Thales Group are among the leading companies in the APAC electronic warfare market.    

  1. BAE Systems
  2. Cobham Limited
  3. L3Harris Technologies, Inc.
  4. Leonardo S.p.A.  
  5. Lockheed Martin Corporation   
  6. Northrop Grumman Corporation
  7. Raytheon Technologies Corporation
  8. Saab AB
  9. Textron Inc.  
  10. Thales Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC electronic warfare market.        
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC electronic warfare market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the electronic warfare market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution