Electronic Warfare Market Redefining the Strength of the Defense Industry

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Electronic Warfare Market Redefining the Strength of the Defense Industry

Per MarketsandMarkets report, the global electronic warfare market which was estimated to be valued at USD 24.20 billion in 2017 is projected to reach USD 30.32 billion by 2022, growing at a CAGR of 4.61% between 2017 and 2022. Defense modernization programs and increasing procurement of advance electronic warfare systems are the major factors expected to fuel the growth of this market. The latest emerging trend in the EW market is the combination of cyber operations and electronic warfare capabilities to accomplish both defense and offensive capabilities.

Per MarketsandMarkets report, the global electronic warfare market which was estimated to be valued at USD 24.20 billion in 2017 is projected to reach USD 30.32 billion by 2022, growing at a CAGR of 4.61% between 2017 and 2022. Defense modernization programs and increasing procurement of advance electronic warfare systems are the major factors expected to fuel the growth of this market. The latest emerging trend in the EW market is the combination of cyber operations and electronic warfare capabilities to accomplish both defense and offensive capabilities.

http://www.microwavejournal.com/rss/topic/3369-industry-newsIndustry Newshttps://www.microwavejournal.com/articles/32536-electronic-warfare-market-redefining-the-strength-of-the-defense-industry

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