Market Research Future (MRFR) asserts that the global electronic countermeasures market could accrue a CAGR of 5% during the forecast period (2017-2023).
Growth Boosters and Key Barriers:
Implementation of electronic countermeasures systems has expanded with rise in sophistication as well as capability. The exceptional capability of electronic warfare systems used to defend a country has become one of the crucial aspects deciding the outcome of any conflict.
Electronic Countermeasures Market Competitive Scenario:
Some of these vendors in the global electronic countermeasures market are Northrop Grumman (U.S.), Israel Aerospace Industries Ltd. (Israel), L-3 Technologies (U.S.), BAE Systems (U.K), Saab AB (Sweden), Thales Group (France), Mercury Systems, Inc. (U.S.), Lockheed Martin (U.S.), Ultra Electronics (U.K), Raytheon (U.S.), to name a few.
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The electronic countermeasures market’s growth in the past couple of years has been the result of increasing product demand for electronic warfare technologies in the Middle East as well as Asia Pacific. In today’s times, ECM capabilities have become the main objective for military forces around the world, for offensive as well as defensive operations. Protecting the troops and hardware stand at the center of the quest for electromagnetic spectrum control across the globe.
A substantial share of the defense budgets of developed and developing countries goes into investing in electronic warfare programs that help enhance their offensive and defensive capabilities. Large-scale research and development for the advancement of new and more powerful high-tech electronic warfare jamming technologies is being carried out all across the globe. These jamming technologies come under the Next-Generation Jammer (NGJ), which could lead to destruction of enemy targets without getting detected by the rival defense systems. With the fast pace of technology evolution backed by rising upgrade of systems, the NGJ technology is projected to be deployed by 2020.
The worldwide electronic countermeasures market is marked with the presence of a number of players that offer a variety of products across different segments of the market. These vendors are constantly striving to gain the upper hand over their rivals by offering highly advanced equipment and products.
Electronic Countermeasures Market Segmentation:
The worldwide electronic countermeasures market can be categorized with respect to application, platform and technology.
Applications covered by the report are jamming and deception.
Platform-wise, the market includes ground-based, naval and airborne.
Depending on technology, the market can be split into GaN and GaAs.
Electronic Countermeasures Market Regional Insight:
The electronic countermeasures market is split into the primary regions of North America, Middle East & Africa, South America, Europe, and Asia Pacific.
In North America, political conflicts, territorial disputes and cold-wars are predicted to have a lucrative effect on the electronic countermeasures market in the years ahead. Surging popularity of small electronic systems which can be integrated in platforms like unmanned aerial vehicles (UAVs) and patrol vessels also benefits the regional market.
The Asia Pacific market notes increased military spending driven by the ongoing political conflicts as well as territorial disputes. These factors are bound to generate demand for advanced electronic countermeasures systems that could be useful in the military sector on account of their superior capabilities. The region will also note high demand for dismounted and portable jammers in the near future, which could lead to development of smaller lightweight personal protection devices.
Europe is increasingly focusing on research and development of artificial intelligence (AI) for military. This has given rise to the investment amount in R&D activities in the region. To illustrate, in January 2019, the government in Russia had implemented a strategy for research and development of AI within the military sector. High defense capabilities of the region also act in favor of the electronic countermeasures market.
Table of Contents:
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model. . .
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