electronic warfare market is expected to reach $15,590million by 2020 with a CAGR of 4.50%.
Dallas, TX -- (SBWIRE) -- 02/26/2014 -- According to a new market research report, “Electronic Warfare Market (Electronic Support, Electronic Attack and Electronic Protection) - Global Forecast and Analysis 2014 – 2020”.
Browse 62 market data tables and 88 figures spread through 231 pages and in-depth TOC on "Electronic Warfare Market (Electronic Support, Electronic Attack and Electronic Protection) - Global Forecast and Analysis 2014 – 2020"
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The global electronic warfare market is estimated to be $12.15 billion in 2014 and is expected to register a CAGR of 4.50% to reach $15.59 billion in 2020. The growth regions will be Latin America, Middle East and Asia-Pacific.
Electronic protection deals with protection from enemy’s electronic warfare deployment. It uses various techniques like frequency hoping to protect a platform from the electronic attack of an enemy.
The electronic warfare market can be split as 20% of electronic attack, 50% of electronic support and 30% of electronic protection. With respect to platform, airborne is 40%, land-based is 20% and naval is 40%. Naval electronic systems are typically considered to be expensive as they have higher number of sensors to complement the system.
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Electronic warfare predominantly was dominated by airborne and naval platforms, but now land-based electronic warfare solutions are becoming popular. The reducing size of the electronic warfare solution has enabled it to be integrated on smaller platforms like off shore patrol vessels and unmanned aerial vehicles (UAVs). Development of faster processors will enable the future systems to be more efficient and manage wider range of threats like stealth aircrafts and hypersonic aircrafts. Cognitive electronic warfare systems are expected to be deployed by the end of 2016. Cognitive systems will be able to adapt to the changes that occur in the operational environment and respond to them effectively with the help of machine learning algorithms.
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Stealth fighter Programs like F-35, J-20, T-50 and naval stealth programs like stealth frigates will see response from the electronic warfare market. The challenge will be to detect these stealth platforms effectively. Since the priority is moving towards the aircraft and not the support platforms like airborne warning and control systems (AWACS), electronic warfare systems will be focused on defeating the defensive aid suites (DAS) or self protection suites that are present on the frontline fighter aircrafts.
Electronic warfare is an indispensible component of any military force. The capability and efficiency of the electronic warfare system can change the outcome of a war. Electronic warfare systems in the past consisted of analog systems with capabilities limited by the hardware and software. The advancements in the field of electronics enable today’s electronic warfare systems to incorporate more digital capability, and the faster signal processors enables better performance.
Though the Airborne and Naval platforms have dominated electronic warfare in the past decade, the land-based electronic warfare systems are now gaining importance. There is also an increasing popularity of smaller electronic warfare systems that can be integrated with smaller platforms like unmanned aerial vehicles (UAVs) and patrol vessels.
The market will see considerable growth due to stealth aircrafts and naval vessels.
These platforms are hard to detect and track due to which the electronic warfare systems will play a crucial role with respect to maintaining stealth and at the same time, counter stealth.
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