North America Electronic Warfare Market Forecast to 2028

North 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 : BMIRE00025369 | Region : North America | Industry : Aerospace and Defense | Published Date : 15/Jul/2022

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 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.

Hardware Segment to Dominate North America Electronic Warfare Market During 2021–2028

According to a new market research study on “North America Electronic Warfare Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Application, and Product Type ” is expected to reach US$ 8,756.28 million by 2028 from US$ 5,941.90 million in 2021. The market is estimated to grow at a CAGR of 5.7% from 2021 to 2028. The report provides trends prevailing in the North America electronic warfare market along with the drivers and restraints pertaining to the market growth. Increasing procurement of electronic warfare systems and deployment of electronic warfare systems on unmanned vehicles are the major factor driving the growth of the North America electronic warfare market . However, limited access to electronic warfare manufacturing facilities in developing countries hinders the growth of North America electronic warfare market .

The North America electronic warfare market is segmented based on component, application, product type, and country. Based on component, North America 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, 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 electronic attack segment is expected to be fastest growing during forecast period. Based on product type, 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 countermeasure systems segment is expected to be fastest growing during forecast period. Based on country, the North America electronic warfare market has been 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. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2022, Northrop Grumman’s F-16 electronic warfare suite for international operators draws upon the technologies developed for the United States F-16 fleet. Known as the ALQ-131C, this fully modernized, digital system is ready to defend against current and future threats.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Electronic Warfare Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threat to New Entrants

4.2.4 Threat to Substitutes

4.2.5 Competitive Rivalry

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. North America Electronic Warfare Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Procurement of Electronic Warfare Systems

5.1.2 Growing Electronic Warfare Systems on Unmanned Vehicles

5.2 Market Restraints

5.2.1 Limited Access to Electronic Warfare Manufacturing Facilities in Developing Countries

5.3 Market Opportunities

5.3.1 Technological Advancements in Electronic Warfare

5.4 Future Trends

5.4.1 Deployment of Sensors in Space for Improved Electronic Warfare Capabilities

5.5 Impact Analysis of Drivers and Restraints

6. Electronic Warfare Market - North America Analysis

6.1 North America Electronic Warfare Market Overview

6.2 North America Electronic Warfare Market Revenue Forecast and Analysis

7. North America Electronic Warfare Market Analysis – By Component

7.1 Overview

7.2 North America Electronic Warfare, by Component (2020 and 2028)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Services

7.5.1 Overview

7.5.2 Services: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

8. North America Electronic Warfare Market Analysis – By Application

8.1 Overview

8.2 North America Electronic Warfare Market, by Application (2020 and 2028)

8.3 Electronic Attacks

8.3.1 Overview

8.3.2 Electronic Attacks: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Electronic Protection

8.4.1 Overview

8.4.2 Electronic Protection: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Electronic Warfare Support

8.5.1 Overview

8.5.2 Electronic Warfare Support: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Electronic Warfare Market Analysis – By Product Type

9.1 Overview

9.2 North America Electronic Warfare, by Product Type (2020 and 2028)

9.3 Counter Measures System

9.3.1 Overview

9.3.2 Counter Measures System: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Jammers

9.4.1 Overview

9.4.2 Jammers: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Sensors System

9.5.1 Overview

9.5.2 Sensors System: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Weapon System

9.6.1 Overview

9.6.2 Weapon System: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Others: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

10. North America Electronic Warfare Market – Country Analysis

10.1 Overview

10.1.1 North America Electronic Warfare Market Breakdown, by Country

10.1.1.1 US Electronic Warfare Market, Revenue and Forecast to 2028

10.1.1.1.1 US Electronic Warfare Market Breakdown, by Component

10.1.1.1.2 US Electronic Warfare Market Breakdown, by Application

10.1.1.1.3 US Electronic Warfare Market Breakdown, by Product Type

10.1.1.2 Canada Electronic Warfare Market, Revenue and Forecast to 2028

10.1.1.2.1 Canada Electronic Warfare Market Breakdown, by Component

10.1.1.2.2 Canada Electronic Warfare Market Breakdown, By Application

10.1.1.2.3 Canada Electronic Warfare Market Breakdown, By Product Type

10.1.1.3 Mexico Electronic Warfare Market, Revenue and Forecast to 2028

10.1.1.3.1 Mexico Electronic Warfare Market Breakdown, by Component

10.1.1.3.2 Mexico Electronic Warfare Market Breakdown, By Application

10.1.1.3.3 Mexico Electronic Warfare Market Breakdown, By Product Type

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 L3Harris Technologies, Inc.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Raytheon Technologies Corporation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Lockheed Martin Corporation

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Saab AB

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 BAE Systems

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Thales Group

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Northrop Grumman Corporation

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Cobham Limited

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Leonardo S.p.A.

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Textron Inc.

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. North America Electronic Warfare Market Revenue and Forecast to 2028 (US$ Million)

Table 2. North America Electronic Warfare Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 3. US Electronic Warfare Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 4. US Electronic Warfare Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 5. US Electronic Warfare Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 6. Canada Electronic Warfare Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 7. Canada Electronic Warfare Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 8. Canada Electronic Warfare Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 9. Mexico Electronic Warfare Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 10.   Mexico Electronic Warfare Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 11.   Mexico Electronic Warfare Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 12.   List of Abbreviation

LIST OF FIGURES.

Figure 1. North America Electronic Warfare Market Segmentation

Figure 2. North America Electronic Warfare Market Segmentation – By Country

Figure 3. North America Electronic Warfare Market Overview

Figure 4. North America Electronic Warfare Market, by Component

Figure 5. North America Electronic Warfare Market, by Country

Figure 6. Porter’s Five Forces Analysis

Figure 7. North America Electronic Warfare Market- Ecosystem Analysis

Figure 8. North America Electronic Warfare Market Impact Analysis of Drivers and Restraints

Figure 9. North America Electronic Warfare Market Revenue Forecast and Analysis (US$ Million)

Figure 10.   North America Electronic Warfare Market Revenue Share, by Component (2020 and 2028)

Figure 11.   North America Hardware: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.   North America Software: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.   North America Services: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.   North America Electronic Warfare Market Revenue Share, by Advisory Model (2020 and 2028)

Figure 15.   North America Electronic Attacks: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.   North America Electronic Protection: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.   North America Electronic Warfare Support: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.   North America Electronic Warfare Market Revenue Share, by Product Type (2020 and 2028)

Figure 19.   North America Counter Measures System: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.   North America Jammers: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.   North America Sensors System: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.   North America Weapon System: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.   North America Others: Electronic Warfare Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.   North America Electronic Warfare Market, by Key Country – Revenue (2020) (US$ Million)

Figure 25.   North America Electronic Warfare Market Breakdown, by Country, 2020 & 2028 (%)

Figure 26.   US Electronic Warfare Market, Revenue and Forecast to 2028 (US$ million)

Figure 27.   Canada Electronic Warfare Market, Revenue and Forecast to 2028 (US$ million)

Figure 28.   Mexico Electronic Warfare Market, Revenue and Forecast to 2028 (US$ million)

The List of Companies - North America Electronic Warfare Market

● 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

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 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 North America 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 North America 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

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