The increasing demand for intelligence, surveillance, and reconnaissance (ISR) systems from various armed forces around the world is anticipated to drive the growth of the airborne electronic warfare market over the coming years. Advancements in technology in the areas of enhanced stealth capabilities of aircraft, communication jamming technology, and advanced air defense systems are generating demand for air electronic protection and support measures in combat and non-combat aircraft.
MARKET SCOPE
The "Global Airborne Electronic Warfare Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the airborne electronic warfare market with detailed market segmentation by type, capability and geography. The report provides key statistics on the market status of the leading airborne electronic warfare market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global airborne electronic warfare market is segmented into manned aircraft, unmanned aircraft
- On the basis of capability, the market is segmented electronic attack, electronic protection, electronic support
MARKET DYNAMICS
Drivers
- Significant technological advancements and integration of electronics in military equipment are resulting in a shift towards multilayered defense systems, which is expected to drive the electronic warfare market during the forecast period. Adding to these factors, the increase in the use of UAV systems and the need for ground surveillance and communication jamming serve as opportunities for the electronic warfare market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The airborne electronic warfare market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the airborne electronic warfare market in these regions.
IMPACT OF COVID-19 ON AIRBORNE ELECTRONIC WARFARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the airborne electronic warfare market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from airborne electronic warfare market are anticipated to lucrative growth opportunities in the future with the rising demand for airborne electronic warfare in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the airborne electronic warfare market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Lockheed Martin Corporation
- Raytheon Technologies company
- L3Harris Technologies Inc.
- BAE Systems PLC
- ASELSAN AS
- Northrop Grumman Corporation
- Thales Group
- Saab AB
- Leonardo SpA
- Elbit Systems Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.