Global Electronic Warfare Market
Electronic Warfare Market Size And Forecast
According to Verified Market Research, Global Electronic Warfare Market was valued at USD 23.51 Billion in 2018 and is projected to reach USD 31.06 Billion by 2026, growing at a CAGR of 3.5% from 2019 to 2026.
Global Electronic Warfare Market Outlook
The Electronic Warfare Market is experiencing tremendous growth owing to the increasing development of the EW system. In addition, the growing adaption of the EW system in the application of intelligence and security, on unmanned platforms are the other factors propelling the growth of the market. Moreover, the advancement in the technologies in response rising the focus on the EW technology system, led to imposing a positive outlook on the market. However, the huge cost associated with the EW systems and utilization of conventional warfare systems are factors hindering the growth of the market.
Global Electronic Warfare Market Competitive Landscape
The Global Electronic Warfare Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Lockheed Martin, Elbit Systems, Saab AB, Textron, Raytheon, L3 Technologies, Bae Systems, Thales Group, Boeing, and Israel Aerospace Industries.
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