The Global Electronic Warfare Market 2016-2026
The Global Electronic Warfare Market 2016-2026
Key Findings
The global electronic warfare market, valued at US $ 14.4 billion in 2016, is projected to grow at a CAGR of 3.13 % over the forecast period, to reach US $ 19.6 billion by 2026 and cumulatively value US $ 184.1 billion. The market consists of three categories: electronic protection, electronic warfare support and electronic attack systems. The market is expected to be dominated by electronic protection systems, which will account for 50 % of the market, followed by electronic warfare support and electronic attack systems with shares of 32 % and 18 % respectively. North America is forecast to dominate the sector with a share of 41 %, followed by Asia Pacific and Europe, with shares of 27 % and 21 % respectively.
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