MarkNtel Advisors recently published a detailed industry analysis of the Global Cognitive Electronic Warfare Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Cognitive Electronic Warfare Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
The Cognitive Electronic Warfare Market is projected to record more than USD 1 billion in terms of size, with around 20.42% CAGR during the forecast period, i.e., 2022-27.
Key Findings in Global Cognitive Electronic Warfare Market:
- Historical Analysis: 2017–2020
- Base Year: 2021
- Forecast Period: 2022–2027
Leading Market Players- Cobham Advanced Electronics Solutions, BAE Systems, Elbit Systems, General Dynamics Corporation, Israel Aerospace Industries, L3 Harris Technologies Inc, Leonardo SPA, Lockheed Martin Corporation, Northrup Grumman Corporation, Raytheon Technologies Corporation, SAAB AB, Textron Inc., Thales Group, Ultra Electronic Group, Teledyne Technologies Others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Cognitive Electronic Warfare industry?
Rising Need for Artificial Intelligence (AI)-Enabled Warfare Systems to Combat Dynamic Threats- Army officials globally face frequent problems related to false signals & intercepts during a war. An adaptive electronic warfare system cannot combat new or unknown threat environments since it utilizes pre-programmed approaches. Thus, according to defense experts, a cognitive electronic warfare system suffices in such a situation as it diminishes potential risks. Machine learning algorithms used by the cognitive electronic warfare systems can characterize & assess electromagnetic spectrum signals emitted from enemy radars as known or unknown threats. China, the US, and Russia are the key countries spending substantially on procuring technologically advanced cognitive electronic warfare systems.
Furthermore, the US Department of Defense budget focused on AI research & development for FY 2020 & FY 2021 was USD4 billion & USD841 million, respectively. In addition, China is another important country that is significantly investing in AI-based R&D. The EW strategy is a government initiative that focuses on suppressing, degrading, and disrupting the enemy’s electronic equipment. Further, the massive amount of data generated by sensors & communication networks has given rise to artificial intelligence to handle it.
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What segments define the Global Cognitive Electronic Warfare Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
By Capability
- Electronic Attack
- Electronic Protection
- Electronic Support
- Electronic Intelligence
According to report, Here, the Electronic Attack segment is expected to gain traction during the forecast period 2022-2027, witnessed by the interminable cyberattacks by the Republic of China & Russia in territories such as the US, Taiwan, and India.
By Platform
- Navy
- Airborne
- Land
- Space
According to report, Of them all, the Airborne platform is anticipated to record promising market growth during 2022-27.
Explore the Complete Global Cognitive Electronic Warfare Market Analysis Report – https://www.marknteladvisors.com/research-library/cognitive-electronic-warfare-market.html
Geographical Analysis: Global Cognitive Electronic Warfare Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Cognitive Electronic Warfare Market Recent Development:
- In April 2020, Elbit Systems received a contract worth USD103 million from a few Asian countries (probably India) for providing technologically advanced electronic suites for their Air Force.
- In November 2019, BAE Systems received a contract worth USD71 million from the US Army for providing the AN/AAR-57 Common Missile Warning System (CMWS). This system is highly technologically advanced & can protect against sophisticated threats.
- In November 2016, BAE Systems received a contract worth USD13.3 million from DARPA for developing cognitive electronic warfare technologies for the Adaptive Radar Countermeasures (ARC) project.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Cognitive Electronic Warfare Market?
- How is the Global Cognitive Electronic Warfare Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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