The Unmanned Electronic Warfare Market is projected to grow from an estimated of USD 685 million in 2021 to USD 847 million by 2026, at a CAGR of 4.3% in terms of value during the forecasted period of 2021 to 2026. . It is witnessing significant growth due to increasing new technologies and demand of going unmanned electronic warfare systems. 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 unmanned 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 unmanned electronic warfare market.
Major Unmanned Electronic Warfare Companies Include:
Major focus was given to the development of new products due to the changing requirements of defense authorities across the world. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, collaborations, expansions, acquisitions, and new product development activities further to expand their presence in the unmanned electronic warfare market.
To know about the assumptions considered for the study download the pdf brochure
L3Harris Technologies, Inc. secures the first position in the unmanned electronic warfare market. The company offers a wide range of electronic warfare products, such as CORVUS, Viper Shield AN/ALQ-254(V)1 All-?Digital Electronic Warfare Suite, AN/ALQ-214 (IDECM) F/A-18 Countermeasure System, and has a strong customer base of major defense contractors and a strong reputation among defense organizations. In 2019, L3Harris Technologies, Inc. made investments of around USD 330 million in R&D. In fiscal 2020, the Electronic Systems segment had a diverse portfolio of over 250 programs. Some of this segment’s more significant programs in fiscal 2020 included the FTI, F-35, F/A-18, ADS-B, the US Army Modernization of Enterprise Terminals (MET), Data Communications Integrated Services (DataComm), CV-22, B-52, and the F-16. The growth of the company is driven by strong customer relationships, cutting-edge technologies, and strategic partnerships with leading companies in the unmanned electronic warfare market.
BAE Systems plc secures the second position in the unmanned electronic warfare market. This US-based company is a key supplier of surveillance radars to the US military and is the world’s second-largest defense contractor. It showcases strong experience in developing next-generation unmanned EW solutions. It has installed its EW systems on more than 120 different platforms. Some key fixed-wing aircraft platforms where its products are installed include the C-12/RC-12, C-23 Sherpa, C-26, EC-37B, EC-130H, F-15, F-15SA, F-16, F-22, F-35, Harrier, Tornado, U-2 S, and the UC-35. Some of the key rotary-wing aircraft platforms where its products are installed include the AH-64, CH-47/MH-47, Lynx, Merlin, OH-58D, Puma, Sea King, and the UH-60/HH-60/MH-60. BAE Systems has delivered more than 13,000 EW systems to date and offers electronic support, electronic attack, electronic protection, and mission support capabilities.
Saab AB secures the third position in the unmanned electronic warfare market. For the land market, the company provides force protection, C4I solutions, signature management, and support solutions, and for the air market, it provides airborne solutions, avionics systems, and electronic warfare systems. For the naval market, the company produces combat management systems, combat management systems, and integrated naval communication systems. The company also provides security systems for the prison, offshore, maritime, and air traffic management sectors. Saab operates via its subsidiaries in the Americas, Europe, Asia, and Africa. In the previous decade, Saab has made substantial investments that, when paired with smart alliances, have aided the company’s expansion and resulted in a strong position in the global military industry. It provides contemporary and cost-effective solutions with a robust product line. Because of significant expenditures made over the previous decade, the company now offers products that are at the cutting edge of technology. The Gripen E/F, the new advanced trainer T-7A, the A26 submarine, a radar portfolio that includes Global Eye, and the next generation of the Carl-Gustaf ground combat weapon are only a few but significant examples. Saab has a strong presence in the export market, having executed many contracts for the aforementioned systems. In order to build on this, the company will continue to invest in its key technology in the future.
Related Reports:
Unmanned Electronic Warfare Market by Product (Unmanned EW Equipment, Unmanned EW Operational Support), Operation, Platform (Unmanned Aerial Vehicles, Unmanned land Vehicles, Unmanned Marine vehicles), Capability, and Region - Global Forecast to 2026
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE