NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global electronic warfare (EW) market size is estimated to grow by USD 6.29 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of about 5.3% during the forecast period. Increasing use of UAVs in electronic warfare is driving market growth, with a trend towards adoption of open RFM architecture .
However, barriers impeding adoption of new technology poses a challenge.Key market players include Airbus SE, ASELSAN AS, BAE Systems Plc, Cobham Ltd., Elbit Systems Ltd.
, General Dynamics Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc.
, Leonardo Spa, Lockheed Martin Corp., Mercury Systems Inc., Northrop Grumman Corp.
, RTX Corp., Saab AB, Sierra Nevada Corp., SRC Inc.
, Teledyne Technologies Inc., Terma AS, Thales Group, and The Boeing Co..
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver The Electronic Warfare (EW) Industry has experienced significant growth due to technological breakthroughs and the integration of electronics into military hardware. During the forecast period, EW will play a pivotal role in defense forces' strategic advantage.
UAV systems and ground surveillance are key applications, offering real-time intelligence for effective situational awareness. Communication jamming, electronic support, protection, atta.
