The electronic warfare (EW) market is expected to grow from $12.8bn in 2020 to $15.6bn by 2030. A focus on directed energy weapons, rapid change in technological advancements in the domain, and the growing concern for electronic protection capabilities are expected to drive the global demand in the EW market.

Listed below are the key macroeconomic trends impacting the electronic warfare theme, as identified by GlobalData.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Defence budgets

Whilst no longer a factor prohibiting states from operating an unmanned aerial systems (UAS) fleet, the composition and role within the state’s defence architecture is still to a certain extent dependent upon the budget.

Most states will have the means and access to operate smaller drones in limited roles. However, larger drones are more expensive to procure and operate, and may be unattainable for some states. Given this, defence budgets will shape the geopolitical environment of a region, and dictate the level of investment required to mitigate UAS threats.

Multipolarity

The development of the multipolar world from the mono-polar world is resulting in a new posture and defence environment. A preparation for per or near peer conflict, or great power competition, is pushing more advanced technologies and forcing preparation for operation in less than permissive environments, in strong contrast with the 2001-2021 period of the Global War on Terror.

This is an edited extract from the Electronic Warfare Market – Thematic Research report produced by GlobalData Thematic Research.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.