Global Cognitive Electronic Warfare Market Overview: 2022-2027
Base Year: 2021
Historical Years: 2017-20
Forecast Years: 2022-2027
The Global 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.
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Global Cognitive Electronic Warfare Market Dynamics: 2022-2027
Market Dynamics:
Key Driver: 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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Global Cognitive Electronic Warfare Market (2022-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Capability
-Electronic Attack
-Electronic Protection
-Electronic Support
-Electronic Intelligence
Here, the Electronic Attack segment is expected to gain traction during the forecast period 2022-2027,
By Platform
-Navy
-Airborne
-Land
-Space
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia Pacific.
Of all regions globally, North America dominated the Cognitive Electronic Warfare Market in 2021.
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Top Companies Operating in the Global Cognitive Electronic Warfare Market:
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.
Recent Developments by Leading Companies
- 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.
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