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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Electronic Warfare Market’s CAGR of 12.5% Drives to $19.4 Billion by 2028
The Electronic Warfare Market is valued at USD 10.8 billion in 2023 and is projected to reach USD 19.4 billion by 2028, at a CAGR of 12.5% from 2023 to 2028. Electronic warfare (EW) encompasses military activities that utilize electromagnetic energy to exploit, deceive, or disrupt enemy forces. It focuses on manipulating the electromagnetic spectrum to gain a strategic advantage in warfare,...