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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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,...