LONDON, April 3, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
The report provides market analysis of the global electronic warfare market over the next five years. It contains the analysis of drivers, challenges, and restraints impacting the industry. It also discusses about the industry, market, and technology trends that are currently prevailing in the market.
It provides the market size of the global electronic warfare market over the next five years and talks about the market share by different sub-sectors for each regionIt tracks, analyzes and lays out the market size of the major defense spenders in each region and provides market share by sub-category namely, Electronic Attack, Electronic Support and Electronic Protection. It talks about the leading competitors in the global market and apart from a general overview of the companies; it also provides details on their financial positions, key products, their unique selling points, and key developments Key Take-AwaysThe global electronic warfare market is estimated to be $12.15 billion in 2014 and is expected to register a CAGR of 4.50% to reach $15.59 billion by 2020The continuing exploitation of the electromagnetic spectrum will be a driving factor for the sectorThe market on the whole has numerous competitors who often engage in joint ventures to win major contracts. A typical example would be joint ventures between Lockheed Martin and Raytheon to win contracts in the U.S.Austerity leading to defense budget cuts are said to continue at least till 2016 in two major western markets of the United States and the United KingdomThe primary market players are from the United States and Europe; these players have the technical know-how and the technology which has been tried and tested in deployments across Afghanistan, Iraq, and other conflict zones around the worldThe current trend of the market is its transition towards faster and efficient systems that have the ability to pickup frequency hoping with a reduced time lagMarkets Covered On the basis of applicationElectronic attackElectronic supportElectronic protection On the basis of geographies Asia-Pacific Middle East North America Latin America EuropeRest of the World On the basis of countries Australia Brazil Canada Germany India Israel Japan Russia Saudi Arabia South Africa South Korea Spain Turkey United Arab Emirates United Kingdom United StatesStakeholders All departments pertaining to electronic warfareArmed servicesDefense system manufacturersDefense software providersSub-component manufacturers