US Electronic Warfare Sector Set for Major Growth by 2028
Projected Growth of the US Electronic Warfare Market
The US Electronic Warfare market is on track to achieve a remarkable USD 8.99 billion by 2028, following a growth pattern from USD 6.45 billion in 2024, showcasing a compound annual growth rate (CAGR) of 8.6% during this period. The United States is globally acknowledged as a leading manufacturer and user of electronic warfare (EW) systems, possessing formidable capabilities. Major players in this sector include Lockheed Martin Corporation, Northrop Grumman Corporation, L3Harris Technologies, and Raytheon Technologies Corporation, all of whom contribute to the robust landscape of EW.
Advancements in Military Technology
Latest developments highlight significant advancements in US military technology centered on modernization. Key contracts awarded, such as Raytheon Technologies' USD 154 million deal to provide Commander's Independent Viewer (CIV) systems, enhance the surveillance capabilities of essential military vehicles like the Bradley Fighting Vehicles. Lockheed Martin’s USD 312 million contract modification for the AN BLQ-10 sub-man electronic warfare system further illustrates the focus on augmenting defense capabilities against emerging threats.
Focus on Multi-Dimensional EW Strategies
The Army is effectively prioritizing both airborne and ground-based electronic warfare programs to adapt to evolving combat scenarios, whereas the Marine Corps has demonstrated a commitment to sophisticated EW capabilities for expeditionary operations. The Navy and Air Force are also innovating by adopting new operational strategies and enhancing existing EW systems, including the EA-18G Growler aircraft, which is critical for air dominance.
Segment Analysis by Platform
In 2024, the airborne segment is expected to dominate the US Electronic Warfare market by platform. This segment encompasses various aircraft, including combat and transport types, military helicopters, and unmanned aerial vehicles (UAVs). The increased utilization of UAVs in military and security operations, alongside rising defense expenditure, propels this segment’s growth. The ground platform segment is also significant, incorporating vehicle-mounted systems that provide real-time combat support and dominating capabilities.
Understanding the Ground and Naval Segments
Ground platforms are designed for diverse functionalities including vehicle-mounted systems that utilize advanced intelligence to protect against threats. Soldiers are equipped with various electronic devices ensuring ongoing communication and protection even in high-risk environments. Conversely, the naval electronic warfare segment is characterized by ships, submarines, and unmanned marine vehicles (UMVs), combining mobility with strategic advantage, raising the EW potential similar to land-based installations.
Capability Segmentation in Electronic Warfare
The US Electronic Warfare market is further divided by capability, with the electronic support segment accounting for the largest share. This functionality offers crucial intelligence collection using electromagnetic support measures that can yield invaluable insights. Electronic attack operations use directed energy to disrupt enemy capabilities, whereas electronic protection manages to safeguard friendly forces from hostile EW measures. These segments illustrate the dynamic spectrum of operations that define modern electronic warfare strategies.
Future Trends in Electronic Warfare
As geopolitical landscapes shift and technology advances, the importance of strong electronic warfare capabilities cannot be overstated. The focus on innovation and adaptation within the armed forces underscores a broader strategy to maintain a competitive edge in global security. By leveraging advanced technologies and fostering growth in various segments of electronic warfare, the United States aims to stay at the forefront of defensive capabilities against external threats.
Frequently Asked Questions
What is the projected growth of the US Electronic Warfare market?
The market is expected to reach USD 8.99 billion by 2028, growing at a CAGR of 8.6%.
Who are the key players in the US Electronic Warfare market?
Key manufacturers include Lockheed Martin Corporation, Northrop Grumman Corporation, L3Harris Technologies, and Raytheon Technologies Corporation.
What recent advancements have been made in electronic warfare technology?
Recent contracts like those awarded to Raytheon and Lockheed Martin illustrate significant investments in enhancing military capabilities.
Which platforms dominate the US Electronic Warfare market?
The airborne segment leads the market, covering various aircraft, while ground and naval systems also play critical roles.
What is electronic support in the context of electronic warfare?
Electronic support, or electronic support measures, involve gathering intelligence to enhance situational awareness during operations.
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