Electronic Warfare Systems Market: $13.2B by 2024 Forecasts a New Global Research Report

DALLAS, October 10, 2014 /PRNewswire/ --

MarketReportsStore.com adds The Global Electronic Warfare (EW) Market 2014-2024, a September 2014 industry research report of 163 pages to the public sector category of its online business intelligence store. It says the global electronic warfare systems market is expected to value US$10.2 billion by the end of 2014, which is estimated to increase to US$13.2 billion by 2024, representing a CAGR of 2.68% during the forecast period. The global market is expected to achieve a cumulative value of US$125.7 billion during the forecast period. Complete report is available at http://marketreportsstore.com/the-global-electronic-warfare-ew-market-2014-2024/ .

Demand for electronic warfare market and such systems is anticipated to be driven by rapid technological advancements in the domain and the growing need for intelligence, surveillance, and reconnaissance (ISR) capabilities in militaries globally. The electronic warfare systems market is expected to be dominated by North America, followed by Asia-Pacific and Europe. Modern warfare places a greater emphasis on information superiority and situational awareness, and this is expected to be a major factor driving spending in this sector. This theory is further supported by increasing investments by most major militaries across the world, which focus on acquiring electronic warfare systems for airborne, ground based and naval platforms. The US is the highest spender in the global electronic warfare systems market, with a large number of programs being pursued in the all three segments. The Asia-Pacific region is the second largest spender, with most major militaries in the region formulating large scale procurement programs for the purchase of airborne, naval, and ground based platforms, which widely incorporate the use of electronic warfare systems. The next major market for electronic warfare systems is Europe, with a major portion of the spending attributable to Russia, the UK, and France. In the Middle East, all major defense spending nations have placed an increased focus on protecting their oil and gas infrastructure, and are involved in territorial disputes as well.

This report offers detailed analysis of the global Electronic Warfare market with market size forecasts covering the next 10years. This report will also analyze factors that influence demand for Electronic Warfare, key market trends and challenges faced by industry participants. Competitive landscape of this report provides strategic insights on BAE Systems PLC, Exelis Inc., Elbit Systems, Lockheed Martin, Raytheon, Northrop Grumman, Boeing, Cobham PLC and Tata Power SED. Order a copy of this research at http://marketreportsstore.com/purchase?rname=19050 .

 In particular, The Global Electronic Warfare (EW) Market 2014-2024 research report provides an in-depth analysis of the following:

Global Electronic Warfare market size and drivers: detailed analysis of the Electronic Warfare market during 2014-2024, including highlights of the demand drivers and growth stimulators for Electronic Warfare. It also provides a snapshot of the spending patterns and modernization patterns of different regions around the world.

Recent developments and industry challenges: insights into technological developments in the Electronic Warfare market and a detailed analysis of the changing preferences of the defense ministries around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants.

SWOT analysis of the Electronic Warfare market: analysis of the industry characteristics by determining the strengths, weaknesses, opportunities, and threats faced by the Electronic Warfare industry.

Global Electronic Warfare country analysis: analysis of the key markets in each region, providing an analysis of the key segments of the Electronic Warfare industry expected to be in demand in each region.

Major programs: details of the key programs in each segment, which are expected to be executed during the forecast period.

Competitive landscape and strategic insights: analysis of the competitive landscape of the global Electronic Warfare industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Key Findings of The Global Electronic Warfare (EW) Market 2014-2024 research report include: the global electronic warfare market is expected to experience a CAGR growth of 2.48% during 2014-2024.  North America and Asia-Pacific are expected to be the largest Electronic Warfare markets, with a cumulative market share of more than 77%. The electronic protection segment is expected to dominate the electronic warfare market, with a share of 45.6%. The market is driven by rapid technological advancements in the domain and the growing need for intelligence, surveillance and reconnaissance (ISR) capabilities in militaries globally.

Another research titled Global Military Aviation MRO Market 2014-2024 is 191 pages report published April 2014. This research forecasts the global military aviation MRO market to experience a CAGR growth of 3.35% during 2014-2024. North America, followed by Asia Pacific, are expected to be the largest aviation MRO markets with a cumulative market share of more than 75%. Multi-role aircraft MRO segment is expected to dominate the military aviation MRO market with a share of 43.4% and defense budget cuts expected to channel more funds towards the sector. The report provides readers with a detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news. Complete report is available at http://marketreportsstore.com/global-military-aviation-mro-market-2014-2024/ .

Explore more public sector market reports by Strategic Defence Intelligence at http://marketreportsstore.com/strategic-defence-intelligence/ .

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