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South America 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 :  BMIRE00025370
No. of Pages :  139
Published Month :  Jul 2022
Category :  Aerospace and Defense
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The SAM electronic warfare market is expected to grow from US$ 475.97 million in 2021 to US$ 583.75 million by 2028; it is estimated to grow at a CAGR of 3.0% from 2021 to 2028.

Space is slowly becoming the new high ground for electronic warfare systems. Physical destruction, laser blinding, and electronic warfare are all likely to be used to deny the enemy the use of his satellites and protect the use of one's satellites for their force multiplier effect. There is a need to consider the best method to integrate space assets into military operations. Military forces no longer have the authority to restrict or refuse freedom of access to activities in space. On the international market, knowledge of space systems and the methods to defeat them is becoming increasingly available. Nations can possess or acquire the capability to disrupt or destroy an adversary's space systems by targeting their satellites in orbit, their ground and space communication nodes, or ground nodes that command the satellites if they so desire. Anti-satellite weapons, denial and deception tactics, jamming, usage of tiny satellites, hacking, and nuclear detonation are just a few examples of existing capabilities that can deny, disrupt, or physically destroy space systems and the terrestrial facilities that use and operate them.  Satellite signal jamming technology is becoming more advanced.  So, deployment of sensors in space for improved electronic warfare capabilities is expected to fuel the market growth


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

 

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

       

 

SAM Electronic Warfare Market Segmentation      

 

The SAM electronic warfare market is segmented based on component, application, product type, and country. Based on component, SAM 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, SAM 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, SAM 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 SAM electronic warfare market has been segmented into Brazil and rest of SAM.       

 

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 SAM 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 SAM 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 SAM 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 SAM 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