Electronic Warfare Market Summary
As per Market Research Future Analysis, the Global Electronic Warfare Market was valued at USD 15.5 billion in 2022 and is projected to grow from USD 16.12 billion in 2023 to USD 20.43 billion by 2030, with a CAGR of 4.03% during the forecast period. Key drivers include the increasing use of electronic warfare equipment due to drone threats and cyber operations. The market is segmented into Electronic Attack (EA), Electronic Support (ES), and Electronic Protection (EP), with EA holding the majority share in 2022. The Jammers segment is expected to grow rapidly, driven by advancements in portable warfare systems. North America leads the market, accounting for USD 7.099 billion in 2022, followed by Europe and Asia-Pacific, which is anticipated to grow at the fastest CAGR.
Key Market Trends & Highlights
The Electronic Warfare Market is witnessing significant growth driven by technological advancements and increased military spending.
- Market Size in 2022: USD 15.5 billion; projected to reach USD 20.43 billion by 2030.
- North America accounted for USD 7.099 billion in 2022; expected to maintain significant growth.
- Electronic Attack (EA) segment dominated in 2022; Jammers projected as the fastest-growing segment.
- Asia-Pacific expected to grow at the fastest CAGR from 2022 to 2030, driven by rising defense spending.
Market Size & Forecast
2022 Market Size: USD 15.5 Billion
2023 Market Size: USD 16.12 Billion
2030 Market Size: USD 20.43 Billion
CAGR: 4.03%
Largest Regional Market Share in 2022: North America.
Major Players
Key players include Saab AB (Sweden), General Dynamics Corporation (US), BAE Systems (UK), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), Northrop Grumman Corporation (US), and HENSOLDT (Germany).
Source Secondary Research, Primary Research, Market Research Future Database, and Analyst Review
Electronic Warfare Market Trends
Warfare Equipment Use Increased as a result of the Use of Cyber Operations market growth
Military forces operate in cyberspace, using electromagnetic energy and wireless computer networks to coordinate various operations. They employ sensors on the ground and in the air to find the enemy. They converse with one another via radios and jam enemy radars with electronic devices to prevent communication. Every computer network, cyberspace, and the electromagnetic spectrum now function as one continuous, coherent environment thanks to wireless routers or tactical radios. Military operations depend heavily on the electromagnetic spectrum and the information environment known as cyberspace. It must be treated equally to the conventional spheres of land, sea, air, and space.
Convergence is a concept that refers to the combination of traditional and wireless commercial services and applications. Cyberspace and the electromagnetic spectrum will be used in concert to win future wars. Thus, this factor is driving the market CAGR for electronic Warfare.
These systems have returned due to changes in security, threat perception, and conflict dynamics. Countries have worked to make rapid advancements in this area during times of conflict. The U. S. Israel, Turkey, the U.S., Russia, China, and China. K. and a few other European nations had advantages in recent conflict zones. They have demonstrated that threats do not always originate from military hardware. Pressure on other nations is increasing using novel techniques like hybrid Warfare and asymmetric Warfare tactics. These systems will be a key component of future security measures given the growing prevalence of the use of electronic systems in hybrid and asymmetrical conflicts are another factor driving the growth of the Electronic Warfare Market revenue.
Electronic Warfare Market Segment Insights
Electronic Warfare Type Insights
The Electronic Warfare Market segmentation, based on Category, includes Electronic Attack (EA), Electronic Support (ES), and Electronic Protection (EP). The Electronic Attack (EA) segment held the majority share in 2022, contributing to the Electronic Warfare Market revenue. Electronic Attack dominates as a result of the rise in the threat from IEDs and threats from the sea. Due to a rise in the demand for sophisticated surveillance, reconnaissance, and intelligence equipment, the electronic support segment displayed the highest CAGR.
For instance, October 2022 To address surveillance challenges across all levels of tactical operations, Saab AB introduced the Sirius compact, a passive lightweight EW sensor. Sirius compact locates threats while remaining undetected.
Electronic Warfare Type Insights
Based on Product, the Electronic Warfare Market segmentation includes Jammers, Countermeasure Systems, Decoy, Directed Energy weapons, 2G Antennas, 3 G Antennas, 4G Antennas, 5G Antennas, and others. The Jammers segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Armed with handheld and mobile jammers, military forces worldwide are preparing for battle. The development of more compact, lightweight personal protection equipment will be made easier by the growing emphasis on portable Warfare systems, which will enhance warfighting capabilities. Furthermore, current trends are increasingly focused on creating jammers that can selectively and reactively jam signals. The emphasis on jamming and identifying radar and other electronic signals will sharpen as sea-based operations are expected to increase over the forecast period implants for Electronic Warfare positively impacts the market growth for electronic Warfare.
Electronic Warfare Platform Insights
The Electronic Warfare Market data has been bifurcated by Platform into Land-based, Airborne, and Naval. The minimally invasive spine surgery segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period 2022-2030. Due to increased military spending on bolstering border defense capabilities to fend off terrorist attacks, the land-based segment is expected to expand.
Over the forecast period, the air-based segment had the highest CAGR. Combat aircraft, Airborne Early Warning and Control (AEW). Submarines and ships make up the second division of the maritime segment. As various countries' defense sectors buy more combat aircraft and unmanned aerial vehicles, the air-based platform is anticipated to grow faster during the forecast period.
Figure 2: Â Electronic Warfare Market, by Platform, 2022 & 2030 (USD Billion)
Source Secondary Research, Primary Research, Market Research Future Database, and Analyst Review
Electronic Warfare Regional Insights
By Region, the study provides market insights for electronic Warfare into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Electronic Warfare Market accounted for USD 7.099 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The increase is attributed to the United States' highest defense spending in the Department of Defense. U.S., in 2022, a defense budget of USD 782 billion was allocated. By 2021, the U.S. 45 Electronic Warfare programs across the military service departments and other platforms were given USD 3.17 billion by the government.
Further, the major countries studied in the market report for electronic Warfare are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: Â ELECTRONIC WARFARE MARKET SHARE BY REGION 2022 (%)
Source Secondary Research, Primary Research, Market Research Future Database, and Analyst Review
Europe’s Electronic Warfare Market accounts for the second-largest market share due to increased investment in cutting-edge military technology and the presence of important key players like Thales Group. Increasing defense spending from developed nations like Russia, the U.K., France, Germany, and other countries spurs market expansion. Further, the Germany Electronic Warfare Market held the largest market share, and the UK Electronic Warfare Market was the fastest-growing market in the European region.
The Asia-Pacific Electronic Warfare Market is expected to grow at the fastest CAGR from 2022 to 2030. Rising defense spending from nations like India, China, Japan, and Australia is credited with the region's expansion. The Indian Air Force intends to create a sophisticated Electronic Warfare suite for its fighter aircraft fleet. To provide the Indian Air Force with cutting-edge fighter aircraft with these capabilities, the Indian defense ministry signed a contract with Bharat Electronics Limited (BEL). Moreover, China’s Electronic Warfare Market held the largest market share, and the India Electronic Warfare Industry was the fastest-growing market in the Asia-Pacific region.
Electronic Warfare Key Market Players & Competitive Insights
Major market players are spending much money on R&D to increase their product lines, which will help the Electronic Warfare Market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Electronic Warfare industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
One of the primary business strategies manufacturers adopt in the Electronic Warfare industry to benefit clients and expand the market sector is manufacturing locally to reduce operating costs. The Electronic Warfare industry has provided medicine with some of the most significant benefits in recent years. The Electronic Warfare Market major players such as Saab AB (Sweden), General Dynamics Corporation (US), BAE Systems (UK), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), Northrop Grumman Corporation (US), HENSOLDT (Germany), and others are working on expanding the market demand by investing in research and development activities.
Saab AB provides the international market with industry-leading goods, services, and solutions ranging from civil security to military defense. The market offering of Saab is extensive and includes both services with a high degree of repetition and complex systems that require significant research and development. With operations on every continent, Saab continuously creates, modifies, and enhances new technology to satisfy the varying demands of its clients.
Also, BAE Systems (UK), our cutting-edge defense technology at BAE Systems, safeguards vital data and infrastructure while preserving individual and public safety. We look for fresh approaches to give our customers a competitive edge in the air, sea, land, and cyberspace. We collaborate closely with local partners to support economic development by transferring knowledge, skills, and technology. We have a skilled workforce of 90,500 employees across more than 40 countries.
Key Companies in the Electronic Warfare Market include
- Raytheon Technologies Corporation (US)
- Lockheed Martin Corporation (US)
Electronic Warfare Market Industry Developments
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Q2 2024: Northrop Grumman wins $1.2 billion U.S. Air Force contract for electronic warfare systems Northrop Grumman was awarded a $1.2 billion contract by the U.S. Air Force to deliver advanced electronic warfare systems for next-generation fighter jets, enhancing capabilities against modern threats.
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Q2 2024: Lockheed Martin launches new Spectrum Convergence electronic warfare suite Lockheed Martin announced the launch of its Spectrum Convergence suite, a next-generation electronic warfare product designed to provide integrated electronic attack and protection for air and naval platforms.
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Q3 2024: Raytheon Technologies secures $500 million contract for Navy electronic warfare upgrades Raytheon Technologies received a $500 million contract from the U.S. Navy to upgrade shipboard electronic warfare systems, focusing on improved threat detection and countermeasure capabilities.
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Q3 2024: BAE Systems opens new electronic warfare R&D facility in Texas BAE Systems inaugurated a new research and development facility in Texas dedicated to advancing electronic warfare technologies for military and commercial applications.
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Q4 2024: Elbit Systems wins $300 million contract for electronic warfare solutions in Asia-Pacific Elbit Systems secured a $300 million contract to supply electronic warfare solutions to an undisclosed Asia-Pacific country, marking a significant expansion in the region.
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Q4 2024: Thales partners with Leonardo to develop next-gen electronic warfare systems for European air forces Thales and Leonardo announced a strategic partnership to co-develop advanced electronic warfare systems tailored for European air force modernization programs.
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Q1 2025: Saab awarded $250 million contract for electronic warfare upgrades to Gripen fighter jets Saab received a $250 million contract to upgrade the electronic warfare capabilities of Gripen fighter jets, enhancing survivability and mission effectiveness.
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Q1 2025: General Dynamics acquires EW startup SpectraWave for undisclosed sum General Dynamics completed the acquisition of SpectraWave, a startup specializing in advanced electronic warfare signal processing, to bolster its defense technology portfolio.
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Q2 2025: Israel Aerospace Industries wins $400 million contract for electronic warfare drones Israel Aerospace Industries was awarded a $400 million contract to supply electronic warfare-capable drones to a European defense customer, expanding its unmanned systems portfolio.
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Q2 2025: L3Harris Technologies launches new cyber-electronic warfare integration platform L3Harris Technologies unveiled a new platform integrating cyber and electronic warfare capabilities, targeting multi-domain operations for U.S. and allied forces.
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Q3 2025: Rheinmetall and MBDA sign joint venture for electronic warfare systems in Europe Rheinmetall and MBDA formed a joint venture to develop and manufacture electronic warfare systems for European land and air platforms, aiming to meet rising regional defense demand.
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Q3 2025: Leonardo secures $200 million contract for electronic warfare suite for Italian Navy Leonardo was awarded a $200 million contract to deliver a new electronic warfare suite for the Italian Navy, enhancing fleet protection against modern electronic threats.
Electronic Warfare Market Segmentation
Electronic Warfare Category Outlook
- Electronic Protection (EP)
Electronic Warfare Product Outlook
Electronic Warfare Platform Outlook
Electronic Warfare Regional Outlook
| Attribute/Metric |
Details |
| Market Size 2022 |
USD 15.5 billion |
| Market Size 2023 |
USD 16.12 billion |
| Market Size 2030 |
USD 20.43 billion |
| Compound Annual Growth Rate (CAGR) |
4.03% (2023-2030) |
| Base Year |
2022 |
| Market Forecast Period |
2023-2030 |
| Historical Data |
2018 - 2021 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Category, Product, Platform, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Saab AB (Sweden), General Dynamics Corporation (US), BAE Systems (UK), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), Northrop Grumman Corporation (US), HENSOLDT (Germany) |
| Key Market Opportunities |
Warfare Equipment Use increased due to the Use of Cyber Operations. |
| Key Market Dynamics |
Increase in the Use of EW Equipment Due to Drone Threats and Remotely Triggered IEDs. Â |
Electronic Warfare Market Highlights:
Frequently Asked Questions (FAQ):
The Electronic Warfare market size was valued at USD 15.5 Billion in 2022.
The market for Electronic Warfare is projected to grow at a CAGR of 4.03% during the forecast period, 2022-2030.
North America had the largest share of the market for Electronic Warfare.
The key players in the Electronic Warfare market are Saab AB (Sweden), General Dynamics Corporation (US), BAE Systems (UK), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), Northrop Grumman Corporation (US), HENSOLDT (Germany), and others
The Electronic Attack (EA) category dominated the Electronic Warfare market in 2022.
The Land-based had the largest share in the Electronic Warfare market.
