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Electronic warfare market to hit $22.03 billion by 2021 illuminated by new report

Electronic warfare market to hit $22.03 billion by 2021 illuminated by new report

Electronic Warfare Market Global Analysis From 2017 to 2021 of 187 pages added by reports and reports explores Global Electronic Warfare Market size, trends, demand, share, growth, industry, and companies’ analysis to 2021. According to study Global Electronic Warfare market set to grow $22.03 billion by 2021, growing at a CAGR of 4.29%.

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Electronic Warfare (EW) represents the ability to use the electromagnetic spectrum - signals such as radio, infrared or radar—to sense, protect, and communicate

Electronic Warfare Companies analysed in this report are BAE Systems Plc. (U.K.), The Raytheon Company (U.S.), Thales Group (France), Lockheed Martin Corporation (U.S.), and Saab AB (Sweden).

The Global Electronic Warfare market projected to grow at a CAGR of 4.29%. Electronic Warfare market in North America to grow at the highest rate in the coming years.

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The growth of global Electronic Warfare market is boosted by factors such as growing number of wars and transnational disputes, emergence of cognitive electronic warfare technology, increased system reliability and efficiency due to the introduction of TWT (travelling-wave tube)-based solutions, and advancements due to integrated electronic warfare systems

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Electronic support is the largest share-contributing segment in the electronic warfare market. This segment plays a significant role in recognizing the threats in tactical environment.

Due to this importance of an electronic system in the electronic warfare system, it is the most used category. This is the factor due to which electronic support is at a dominant position in the electronic warfare category segment.

This growth is mainly attributed to huge population base, booming economy, increasing funding/investments towards the development of electronic warfare products, growing focus of both, international and domestic players on the APAC electronic warfare market, and a large number of R&D activities.

From an insights perspective, this research report has focused on various levels of analysis—industry analysis (industry trends ), market share analysis of top players, value chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the electronic warfare market, high-growth regions and countries and their respective regulatory policies, government initiatives, and market drivers, restraints, and opportunities.

Following is the break-up of primary interviews conducted for the research study:

  • By Company Type - Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
  • By Designation – C level – 35%, Director level – 25%, and Others – 40%
  • By Region – North America - 45%, Europe – 30%, APAC – 20%, RoW – 5%

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Electronic Warfare enables collaboration between healthcare stakeholders, reduces administrative tasks, and provides greater transparency in the field, thus enhancing the quality, safety, and efficiency.

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