Nov 2, 2022   SOURCE: BusinessWire

Global Electronic Warfare Systems Market Report to 2027 - Featuring BAE Systems, Elbit Systems, Textron and SAAB Among Others - ResearchAndMarkets.com

The "Electronic Warfare Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Electronic Warfare Systems estimated at US$17.8 Billion in the year 2020, is projected to reach a revised size of US$23.7 Billion by 2027, growing at a CAGR of 4.2% over the analysis period 2020-2027.

Electronic Support, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$11.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electronic Attack segment is readjusted to a revised 3.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 6.8% CAGR

The Electronic Warfare Systems market in the U.S. is estimated at US$4.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2027 trailing a CAGR of 6.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Electronic Protection Segment to Record 3% CAGR

In the global Electronic Protection segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.5 Billion in the year 2020 will reach a projected size of US$3.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.1 Billion by the year 2027, while Latin America will expand at a 3.2% CAGR through the analysis period.

Select Competitors (Total 12 Featured) -

  • BAE Systems PLC
  • Boeing Company, The
  • Elbit Systems Ltd.
  • Israel Aerospace Industries
  • L3Harris Technologies, Inc.
  • Lockheed Martin Corporation
  • Raytheon Company
  • SAAB AB
  • Textron, Inc.
  • Thales Group

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Electronic Warfare Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/8s3ivw