Military Embedded Systems

Electronic warfare market to grow over next five years


September 10, 2015

John McHale

Editorial Director

Military Embedded Systems

Market analysts on both sides of the pond say that the electronic warfare (EW) market is strong with modest growth expected over the next five years.

Analysts at Markets and Markets in Dublin, Ireland, estimate the global EW market at about $17.72 billion in 2014 and registering a compound annual growth rate (CAGR) of 5.37 percent to reach $24.25 billion by 2020 in their report, “Electronic Warfare Market by category … Forecast & Analysis 2014-2020.” Threats such as GPS-jamming stealth aircraft, and radio-controlled improvised explosive devices (RCIEDs) are driving EW system designs, according to a Markets and Markets release. Globally, Raytheon, Alliant Techsystems, BAE Systems, Rockwell Collins, IAI Elta, and L-3 Communications account for more than 40 percent of the total EW market share, the Markets and Markets analysts say.

Researchers at Frost & Sullivan see a similar trend.

“EW spending has not caught up with the acknowledgement that we need to upgrade sea-based EW,” Curran continues. “The other side of this is anti-submarine warfare with sonar and similar technology, as the Russians are increasing their submarine production.

"The EW budget for the [Department of Defense FY] 2016 budget is about $2.35 billion with 52 programs. On the contract side, looking back at all radio frequency (RF) and EW countermeasure totals in 2014, the EW segment was $2.75 billion for 67 contracts, with the leading contracts being for the Next Generation Jammer and large aircraft infrared countermeasures. The leading company was Northrop Grumman.”

To read more on market trends, see: "C4ISR funding a bright spot in military electronics market."

To read more on electronic warfare, see: "U.S. Navy's electronic warfare modernization effort centers on COTS."


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