North America Electronic Warfare Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

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)

No. of Pages: 145
Report Code: BMIRE00025369
Category: Aerospace and Defense
North America Electronic Warfare Market
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The North America electronic warfare market is expected to grow from US$ 5,941.90 million in 2021 to US$ 8,756.28 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.

 

Military operations are carried out in an electromagnetic (EM) environment, which is becoming increasingly complex. Electronic Warfare (EW) is a military capability that supports all stages and parts of a military campaign and must be integrated into military vehicles and processes. This also helps in the planning and execution of joint operations, and it has become the primary means of fighting and winning wars. War's huge array of capabilities, skills, tactics, and organizations will devolve into chaos without careful planning to ensure interoperability, synchronization, and synergy. It is critical for a Commander to control the electromagnetic spectrum (EMS) to maintain the flexibility of action required to apply maximum fighting power at a specific point in the battle through holistic EMS planning, whether via dominance or control. The frequency of bilateral military confrontations between countries is increasing rapidly, necessitating a greater requirement for countries' defense forces to strengthen their security measures. New weaponry and fighting systems are being developed to meet battle demands. Electronic warfare technology has been included in all defense systems utilized during combat missions due to the development of digital battlefields. As a result of these systems, governments' procurement priorities have shifted to keep up with emerging warfare needs. For example, with numerous terrorist organizations increasingly employing high-tech weapon systems. Several countries across the region are growing their defense spending to incorporate modern electronic warfare systems to protect their borders. The ambition to modernize defensive capabilities is increasing the procurement of electronic warfare systems, which is driving the growth of the electronic warfare market in the region.

 

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 North America electronic warfare market in the coming years. The market is expected to grow at a good CAGR during the forecast period. 

 

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

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

 

North America Electronic Warfare Market Segmentation        

 

The North America electronic warfare market is segmented on the basis of component, application, product type, and country. Based on component, the market is segmented into hardware, software, and services. The hardware segment dominated the market in 2020, and the market for the software segment is expected to grow at the fastest rate during the forecast period. Based on application, the North America 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 the market for the electronic attack segment is expected to grow at the fastest rate during the forecast period.  Based on product type, the North America 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 the market for the countermeasure systems segment is expected to grow at the fastest rate during the forecast period. Based on country, the North America electronic warfare market is segmented into the US, Canada, and Mexico.      

 

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 North America electronic warfare market.

North America Electronic Warfare Market Strategic Insights

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North America Electronic Warfare Market Segmentation Analysis

North America Electronic Warfare Market Report Highlights

North America Electronic Warfare Report Scope

Report Attribute Details
Market size in 2021 US$ 5,941.90 Million
Market Size by 2028 US$ 8,756.28 Million
CAGR (2021 - 2028) 5.7%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Component
  • Hardware
  • Software
  • Services
By Application
  • Electronic Attack
  • Electronic Protection
  • Electronic Warfare Support
By Product Type
  • Countermeasure Systems
  • Jammers
  • Sensor Systems
  • Weapons Systems
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • BAE Systems
  • Cobham Limited
  • L3Harris Technologies, Inc.
  • Leonardo S.p.A.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Saab AB
  • Textron Inc.
  • Thales Group
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North America Electronic Warfare Market Country and Regional Insights

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The List of Companies - North America 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
Frequently Asked Questions
How big is the North America Electronic Warfare Market?

The North America Electronic Warfare Market is valued at US$ 5,941.90 Million in 2021, it is projected to reach US$ 8,756.28 Million by 2028.

What is the CAGR for North America Electronic Warfare Market by (2021 - 2028)?

As per our report North America Electronic Warfare Market, the market size is valued at US$ 5,941.90 Million in 2021, projecting it to reach US$ 8,756.28 Million by 2028. This translates to a CAGR of approximately 5.7% during the forecast period.

What segments are covered in this report?

The North America Electronic Warfare Market report typically cover these key segments-

  • Component (Hardware, Software, Services)
  • Application (Electronic Attack, Electronic Protection, Electronic Warfare Support)
  • Product Type (Countermeasure Systems, Jammers, Sensor Systems, Weapons Systems)

What is the historic period, base year, and forecast period taken for North America Electronic Warfare Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Electronic Warfare Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in North America Electronic Warfare Market?

    The North America Electronic Warfare Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • BAE Systems
  • Cobham Limited
  • L3Harris Technologies, Inc.
  • Leonardo S.p.A.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Saab AB
  • Textron Inc.
  • Thales Group
  • Who should buy this report?

    The North America Electronic Warfare Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Electronic Warfare Market value chain can benefit from the information contained in a comprehensive market report.

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