How big is the Electronic Warfare Market?

The Electronic Warfare Market size is expected to reach USD 19.30 billion in 2024 and grow at a CAGR of 5.11% to reach USD 24.76 billion by 2029. Read More

What is the current Electronic Warfare Market size?

In 2024, the Electronic Warfare Market size is expected to reach USD 19.30 billion. Read More

Who are the key players in Electronic Warfare Market?

Lockheed Martin Corporation, L3Harris Technologies, Inc., RTX Corporation, Leonardo S.p.A. and Northrop Grumman Corporation are the major companies operating in the Electronic Warfare Market. Read More

Which is the fastest growing region in Electronic Warfare Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Electronic Warfare Market?

In 2024, the Asia Pacific accounts for the largest market share in Electronic Warfare Market. Read More

What years does this Electronic Warfare Market cover, and what was the market size in 2023?

In 2023, the Electronic Warfare Market size was estimated at USD 18.31 billion. The report covers the Electronic Warfare Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Electronic Warfare Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Electronic Warfare Market Share

Statistics for the 2023 & 2024 Electronic Warfare market share, created by Mordor Intelligence™ Industry Reports. Electronic Warfare share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Electronic Warfare Industry

The electronic warfare market is fragmented and marked by the presence of global and local players competing in technology and product offerings. Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.

Various players in the market are investing significantly in research and developing advanced next-generation warfare products having higher electromagnetic capabilities. Furthermore, various players are collaborating with defense forces worldwide to understand the military requirements and develop cutting-edge technologies such as radio frequency-enabled cyber (cyber capabilities within electronic warfare systems) while also working towards business expansion. In addition, the higher geographical presence of international companies coupled with significantly growing investment in new technologies as compared to their regional counterparts is anticipated to lead to international companies increasing their market share significantly in the years to come.