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The cognitive electronic warfare system market share is expected to increase to USD 632.24 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 20%.
This cognitive electronic warfare (EW) system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers cognitive EW system market segmentation by platform (airborne, naval, space, and land) and geography (Europe, North America, APAC, Middle East and Africa, and South America). The cognitive electronic warfare system market report also offers information on several market vendors, including BAE Systems Plc, Elbit Systems Ltd., General Dynamics Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, Teledyne Technologies Inc., Textron Inc., Thales Group, and Ultra Electronics Holdings Plc among others.
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The increasing demand for AI-enabled warfare systems to combat dynamic threats is notably driving the cognitive electronic warfare (EW) system market growth, although factors such as the vulnerability of electronic warfare systems to cyber-attacks may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cognitive EW system industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Cognitive Electronic Warfare System Market Driver
One of the key factors driving the global cognitive electronic warfare system industry growth is the increasing demand for AI-enabled warfare systems to combat dynamic threats. Misleading signals and intercepts employ preprogrammed tactics, thus, an adaptive electronic warfare system cannot combat new or unknown threat environments. Hence, in such a case, a cognitive electronic warfare system is used because it reduces potential hazards. It uses ML techniques to categorize and assess electromagnetic spectrum signals emitted by enemy radars as known or unknown threats. China, the US, and Russia are the primary countries investing heavily in technologically advanced cognitive electronic warfare systems. For FY 2020 and FY 2021, the US DoD spent USD 4 billion and USD 841 million, respectively, for AI R&D. Such factors will contribute to the market growth during the forecast period.
Key Cognitive Electronic Warfare System Market Trend
Increasing adoption of next-generation jammers is one of the key cognitive EW system market trends that is expected to impact the industry positively in the forecast period. Next-generation jammers use cognitive algorithms to recognize signs and respond quickly to keep the aircraft safe. The advanced airborne attack capability provided by the next-generation jammer jams radars inside specified frequencies and allows the aircraft to enter the enemy's airspace. Thus, next-generation jamming solutions are primarily used by the US Navy, Chinese Navy and Air Force, and Russian Defense Forces. The US Navy spent about USD 180 million on next-generation jammers in 2021. In 2022, the plan was improved, with a total investment of USD 245 million. The EAJP is a novel AI-based jammer pod developed by SAAB AB. L3Harris Technologies, Raytheon Technologies Corporation, and Northrop Grumman Corporation are among the companies working on jammer programs to provide OEMs with next-generation solutions. Such factors will support the growth of the market in focus in the forecast years.
Key Cognitive Electronic Warfare System Market Challenge
One of the key challenges to the global cognitive electronic warfare system industry growth is the vulnerability of electronic warfare systems to cyber-attack. Cybercriminals target essential national infrastructures such as communications, intelligence, and surveillance systems by exploiting potential weaknesses in electronic warfare systems. For instance, in April 2022, Russian hackers hacked into Ukraine's power grid, causing blackouts, and then used malware to obstruct repair efforts. In July 2020, the US Army released a study stating that 6,000 North Korean electronic warfare specialists and hackers were operating out of Russia, Malaysia, China, Belarus, and India. Cyber-terrorism is on the rise and may hinder the growth of the market during the forecast period.
This cognitive electronic warfare system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global cognitive electronic warfare system market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the cognitive electronic warfare system market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the cognitive electronic warfare system market encompasses successful business strategies deployed by the key vendors. The cognitive electronic warfare system market is concentrated and the vendors are deploying growth strategies such as technological innovation to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The cognitive electronic warfare system market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the cognitive electronic warfare system market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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49% of the market's growth will originate from Europe during the forecast period. UK is the key market for cognitive electronic warfare systems in Europe. Market growth in this region will be faster than the growth of the market in South America, APAC, and MEA.
The presence of technologically advanced countries in the region, due to the major players and intense competition among them, will facilitate the cognitive electronic warfare system market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The COVID-19 pandemic in 2020 had an adverse impact on several countries in the region. The outbreak compelled the governments across the region to implement strict lockdowns and made social distancing mandatory. However, in 2021, lockdowns were lifted, and countries such as the UK, Russia, Italy, and Spain initiated vaccination programs in the region. Thus, the demand for cognitive electronic warfare systems is expected to grow steadily in the region during the forecast period.
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The cognitive electronic warfare system market share growth by the airborne segment will be significant during the forecast period. Cognitive electronic warfare systems are primarily used in the airborne platform because of their effective implementation in aircraft, fighter jets, and UAVs. The US Navy and the US Air Force are looking to enhance their current electronic warfare equipment onboard (aircraft) to counter many unknown threats. With the continual innovation and advancements in aerial combat technology, defense systems are increasingly reliant on airborne platforms, which will further support the segment growth.
This report provides an accurate prediction of the contribution of all the segments to the growth of the cognitive electronic warfare system market size and actionable market insights on post COVID-19 impact on each segment.
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Cognitive Electronic Warfare System Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 20% |
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Market growth 2022-2026 |
$ 632.24 million |
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Market structure |
Concentrated |
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YoY growth (%) |
13.59 |
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Regional analysis |
Europe, North America, APAC, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 49% |
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Key consumer countries |
US, Israel, China, India, and Russia |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
BAE Systems Plc, Elbit Systems Ltd., General Dynamics Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, Teledyne Technologies Inc., Textron Inc., Thales Group, and Ultra Electronics Holdings Plc |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Platform
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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