With the advent of radio communications in the 19th century, warfare technologies were used in all major conflicts. Especially, the electronic warfare techniques played a major role in modernizing the warfare during the World War II. Governments across countries invest actively in these technologies to develop electronic warfare systems that define the strength of their defense system. Over the years, significant research and development has been carried out in electronic warfare systems, owing to features such as attacking, defending, and sensing the enemies approaching during a war, in addition to the use of electromagnetic spectrums in the warfare systems.
According to the market intelligence report published by BIS Research, titled “Global Cognitive Electronic Warfare System Market – Analysis and Forecast, 2023 – 2028”, the cognitive electronic warfare system market is expected to generate a revenue of $385.7 million by 2023. Also, the market is expected to register a growth rate of 19.20%, during the forecast period from 2023 to 2028. The growth of the market is aided by the factors such as growing demand for artificial intelligence in military and the need for improved situational awareness in defense. Owing to the advantage of detecting unwanted threats in a hostile environment, the demand for cognitive warfare system is on the rise.
Moreover, there are certain factors that act as challenges and can impede the growth of the market. These include issues in interpretation of machine learning models and technical challenges associated with cognitive electronic warfare system. Further, there are opportunities that can enable the market to grow when utilized properly. These opportunities include growing demand for cognitive electronic warfare system across North America and advancements of gallium nitride (GaN)-based products in electronic warfare system.
Furthermore, based on the report published by BIS Research, the market has been segmented on the basis of capability, platform, and region. The capability segment of the cognitive electronic warfare system is further sub-segmented into electronic attack, electronic protection, electronic support, and electronic intelligence. The capability segment of the market is majorly dominated by the electronic support sub-segment in 2023 with 44.08% of the market share of the segment.
Based on the segmentation by platform type, the market is further sub-segmented into land, naval, airborne, and space platform. The market by platform type is expected to be dominated by the airborne-based cognitive electronic warfare system. Lastly, on the basis of region, Europe is currently the leading market amongst North America, Asia-Pacific, Europe, and Rest-of-the-World (ROW).
The competitive landscape of the market exhibits a predisposition toward emerging strategies and developments undertaken by the market players. As, the global cognitive electronic warfare system market is one of the most competitive industries with the leading players actively competing against each other to gain a greater share in the industry.