Electronic Warfare Market Forecast: Key Trends Driving Growth to $19.4 Billion by 2028
The global Electronic Warfare (EW) Market, valued at USD 10.8 billion in 2023, is projected to grow to USD 19.4 billion by 2028, achieving a CAGR of 12.5% during the forecast period. This substantial growth reflects the rising demand for advanced EW technologies, driven by evolving defense strategies and the increasing importance of managing the electromagnetic spectrum (EMS) in modern warfare.
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Global Electronic Warfare Market: Projected to Reach $19.4 Billion by 2028
The global Electronic Warfare (EW) market, valued at USD 10.8 billion in 2023, is projected to surge to USD 19.4 billion by 2028, growing at a CAGR of 12.5%. This rapid growth stems from the increasing complexity of modern warfare, necessitating advanced systems capable of exploiting and dominating the electromagnetic spectrum. EW systems are integral to achieving strategic military objectives,...