Evolving threat landscape, impending modernisation of military aircraft to sustain demand for new, improved EW systems, claims Frost & Sullivan
The emergence of stealth and low observable aircraft along with Anti-Access/Area Denial (A2/AD) systems has made integrated air defense networks very complex and difficult to counter, argue Frost & Sullivan.
Additionally, the development of new missile-seeker technologies for surface-to-air missiles poses a serious threat to aircraft as they bypass existing missile-detection systems. The presence of these new threats is driving the demand for modern electronic warfare (EW) systems that are sensitive enough to detect and engage targets before they are visually seen.
A recent analysis of the global military airborne electronic warfare market forecasts the sector to rake in revenues over $30.8 billion between 2018 and 2028, with $21 billion worth of addressable opportunities arising from the planned and forecasted procurement of EW equipment.
“Many countries will be modernising their aging fleets through upgrade or replacement programs in the next 10 years,” said Ryan Pinto, Research Analyst, Aerospace and Defense at Frost & Sullivan.
“With an increased focus on EW systems, this modernisation phase will provide opportunities to replace their existing EW capabilities with modern systems that can counter new threat environments.”
Frost & Sullivan’s latest research, Global Military Airborne Electronic Warfare Market, Forecast to 2028, investigates the potential of military electronic warfare (EW) equipment in today’s volatile geopolitical climate. The report explores the trends influencing electronic warfare and the factors driving sector growth, and offers a segment-wise analysis of the global electronic warfare market. The research also provides detailed revenue forecasts and identifies promising opportunities for growth in the sector.
Global Military Airborne Electronic Warfare Market, Forecast to 2028, is a part of Frost & Sullivan’s Aerospace & Defense Growth Partnership Service program, which they say helps organisations identify a continuous flow of growth opportunities to succeed in an unpredictable future.