Summary

Global unmanned electronic warfare market is valued approximately at USD 656.8 million in 2020 and is anticipated to grow with a healthy growth rate of about 4.3% over the forecast period 2021-2027. Unmanned electronic warfare refers to the use of directed energy or electromagnetic spectrum to attack an enemy, impede enemy assaults or control the spectrum by unmanned systems. Unmanned electronic warfare can target radar, communication, or other assets and can be applied from sea, land, or from air. The global unmanned electronic warfare market is being driven by rising popularity of modern warfare methods and increased acquisition of unmanned warfare systems due to rising transnational and regional insecurity. Furthermore, technological advancements in warfare systems will provide new opportunities for the global unmanned electronic warfare industry. Also, increasing popularity of unmanned aerial vehicles is expected to supplement the market growth. For instance, as per Statista, the unmanned aerial vehicle market across the globe is expected to increase from USD 25.59 billion in 2018 to USD 70.28 billion by 2029. This is likely to fuel the market growth. However, concerns over error possibilities in complex combat situations may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global unmanned electronic warfare is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounts for the largest share in terms of market revenue in the global market and is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rising focus on investments in the unmanned electronic warfare technologies by countries such as United States and Canada contributes towards the largest market share of North American region. Also, rise in defense related expenditure as well as geopolitical tensions are expected to propel the demand for unmanned electronic warfare in the region in the forecast years.

Major market player included in this report are:
L3Harris Technologies, Inc.
Raytheon Technologies Corporation
Saab AB
Lockheed Martin Corporation
BAE Systems PLC
Northrop Grumman Corporation
Cobham PLC
Leonardo S.P.A.
Textron Inc.
Elbit Systems Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Platform:
Unmanned Aerial Vehicle (UAV)
Unmanned Land Vehicle (ULV)
Unmanned Marine Vehicle
By Capability:
Electronic Support
Electronic Attack
Electronic Protection
By Product:
Unmanned Electronic Warfare Equipment
Unmanned Electronic Warfare Operational Support
By Operation:
Semi-Autonomous
Fully Autonomous
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Unmanned Electronic Warfare Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors