Global Electronic Attack (EA) market growing to $8.5 billion, says Strategy Analytics
Market will grow at a CAGR of 3.8% through 2024
Market will grow at a CAGR of 3.8% through 2024
BOSTON, Nov. 26, 2015 /PRNewswire/ -- RF-based Electronic Attack (EA) systems such as radar, communications and RCIED (radio controlled improvised explosive device) jammers will dominate the market for EA system spending, increasing to 70% of the total market in 2024. The Strategy Analytics Advanced Defense Systems (ADS) service series of Electronic Attack (EA) forecasts, outline global defense expenditure trends segmented on a regional basis before breaking out the expected spend on EA incorporating systems, hardware, support and related services across the land, air and naval domains.
Strategy Analytics Global Electronic Attack (EA) Market and Technology Forecast: 2014 - 2024 outlines analysis looking at the total EA sector providing segmentation detail related to form factors, platforms, frequency, power and associated enabling technology trends and component demand. The associated Land Electronic Attack (EA) Market and Technology Forecast: 2014 - 2024, Airborne Electronic Attack (EA) Market and Technology Forecast: 2014 - 2024 and Shipborne Electronic Attack (EA) Market and Technology Forecast: 2014 - 2024 data models provider a deeper dive into system shipments segmented across the different domains.
"There will be an increasing emphasis towards systems that can support multi-band and/or wideband operation to combat the increasingly complex spectrum environment. Key drivers for growth will include the upgrading of capabilities by leveraging the advantages of wideband materials such as gallium nitride (GaN) and digital RF memory (DRFM) capabilities," notes Asif Anwar, Director at Strategy Analytics. "The associated market for component technologies will grow from $457 million to almost $1.2 billion in 2024. While vacuum tube-based solutions will continue to dominate, programs such as the US-based Next Generation Jammer (NGJ) and Surface Electronic Warfare Improvement Program (SEWIP) programs will contribute to the market for GaN becoming a staple ingredient in the makeup of future EA systems."
Strategy Analytics' analysts will be available at the 52nd Annual AOC International Symposium and Convention to discuss trends and outlook for electronic warfare markets.
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
European Contact: Asif Anwar, +44(0) 1908 423 635, [email protected]
US Contact: Eric Higham, +1 617 614 0721, [email protected]
Logo - http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b
SOURCE Strategy Analytics
Share this article