Electronic warfare systems market to hit US$24 billion by 2027

A new market study by Fact.MR, a market research and competitive intelligence provider, worldwide sales of electronic warfare systems are expected to rise at a CAGR of 4.5 percent from 2022 to 2027.

The military’s electromagnetic signal technology can be used to detect enemy vehicles, defend allied troops from attacks, and provide forces with electromagnetic spectrum sensor support. This capability is broadly known as electronic warfare (EW), Asia-Pasific Defence Reporter reports.

Electronic warfare has always been a part of modern combat, but it has advanced far beyond radio jamming. As it becomes easier for electronic warfare systems to sense, exploit, and manipulate the electromagnetic spectrum (EMS), several major companies and countries are highly investing in the field.

The development and application of next-generation electronic warfare threat detection technologies will be accelerated by cognitive systems’ innate ability to learn, sense, reason, and interact with people and their surroundings. When cognitive systems are used to construct electronic warfare, military researchers can more easily spot trends and create hypotheses that could result in important systemic improvements while also anticipating needs unique to certain operations. The most efficient cognitive electronic warfare apps don’t just rely on computers; they also use human approaches and understanding.

Combining the powers of electronic and cyber warfare, information operations, and signal intelligence for both offensive and defensive reasons is a new industry trend. The seamless confluence of electronic and cyber warfare provides warfighters with a powerful capacity for both defence and attack. A shift in warfighting tactics is anticipated as a result of the increasing usage of cyber technology.

The study found:

• The global electronic warfare systems market is predicted to reach US$24 billion by 2027.
• The market in Japan is projected to evolve at a CAGR of 2.5 percent over the forecast period.
• The market in Canada is forecasted to rise at a CAGR of 3.5 percent through 2027.
• The electronic attack segment is anticipated to expand at a CAGR of 4 percent from 2022 to 2027.

“Rapid innovation in next-generation information warfare systems, integrated solutions for counter-information hacking techniques, machine learning algorithms to detect & eliminate cyber threats, and improved hardware to limit cyber threats are factors driving market value growth,” Fact.MR said.