According to a report published by Fortune Business Insights™, The global electronic warfare market size is projected to reach USD 33.52 billion by 2028. It is likely to gain traction from the increasing integration of cyber and electronic warfare. It is helping the warfighters to achieve a robust attack and defense capacity. This information is given by Fortune Business Insights™ in a recently published report, titled, “Electronic Warfare Market Size, Share & COVID-19 Impact Analysis, By Domain (Electronic Attack, Electronic Protection, and Electronic Support), By Equipment (Jammers, Antennas, Radar Warning Receiver, Anti-radiation Missiles, Directed Energy Weapons, and Others), By Platform (Air-based, Sea-based, Land-based), and Regional Forecast, 2021-2028.” The report further mentions that the market stood at USD 22.50 billion in 2020. But, it is set to exhibit a CAGR of 5.24% during the forecast period between 2021 to 2028.
An Overview of the Impact of COVID-19 on this Market:
The current pandemic of Covid-19 has made a catastrophic impact on the world. Most businesses are shut as a result of the increasing COVID-19 cases. The healthcare industry is facing shortage of medical aid as there are not enough beds to suffice the needs of the increasing number of patients. The world economy is fluctuating as most businesses are at a halt and the ones running from the vicinity of their homes are barely able to manage revenue.
Special reports on various markets affected by the coronavirus pandemic are provided by Fortune Business Insights. These reports will help visualize the current situation and what strategies can be adopted to help the market gain momentum in the coming years.
List of the Top Players Profiled in Electronic Warfare Market Research Report are:
- Lockheed Martin Corporation Overview
- BAE Systems
- Raytheon Company
- General Dynamics Corporation
- L3Harris Technologies Inc.
- The Boeing Company
- Thales Group
- Leonardo SPA
- Northrop Grumman Corporation
- Saab AB
- Teledyne Technologies
- Israel Aerospace Industries
- Cobham PLC
Browse Detailed Summary of Research Report with TOC:
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