Electronic Warfare Market to Surpass $19.4 Billion by 2028 Amid Rising Global Security Threats
The Electronic Warfare (EW) market is projected to grow from $10.8 billion in 2023 to $19.4 billion by 2028, at a CAGR of 12.5%. The increasing complexity of modern warfare, coupled with growing cyber and electronic threats, is driving significant investments in EW technologies across military and defense sectors worldwide.
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Future of Loitering Munitions: Technological Advancements and Market Dynamics (2024–2029)
The loitering munitions market is entering a transformative phase, driven by technological advancements and the evolving nature of modern warfare. Projected to grow from USD 529.9 million in 2024 to USD 815.3 million by 2029, at a CAGR of 9.0%, this market demonstrates its increasing relevance in addressing the tactical and operational needs of military forces worldwide. In terms of volume, the...