MarkNtel Advisors has released a research report on the Cognitive Electronic Warfare Market Size, Share, Analysis, Research, Report 2027. The research segment utilizes efficient methodologies to convey sales and revenue forecasts for the specified years, enhancing user understanding and supporting well-informed decision-making. Through a combination of qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. To familiarize both existing businesses and new entrants with the present market scenario, the report delivers detailed growth prospects for the industry and concise insights into competitors.
Cognitive Electronic Warfare Market Insights:
The Global Cognitive Electronic Warfare Market is projected to record more than USD1 billion in terms of size, with around 20.42% CAGR during the forecast period, i.e., 2022-27.
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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.
Leading Companies Operating in the Cognitive Electronic Warfare Industry:
-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
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Cognitive Electronic Warfare Market Categorization:
The Cognitive Electronic Warfare Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:
By Capability
-Electronic Attack
-Electronic Protection
-Electronic Support
-Electronic Intelligence
By Platform
-Navy
-Airborne
-Land
-Space
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia Pacific
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Frequently Asked Questions (FAQs)
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- What are the projected valuations in USD, and what is the CAGR for the forecasted years?
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