Electronic Warfare Market to Hit $19.4 Billion by 2028, Fueled by AI and Defense Spending
The Electronic Warfare (EW) market is forecasted to reach USD 19.4 billion by 2028, growing at a CAGR of 12.5% driven by technological advancements such as AI-enabled systems and rising defense expenditures. The demand is spurred by escalating geopolitical tensions and the necessity for upgraded military capabilities, particularly in multi-domain operations encompassing land, air, sea, and space. Major growth areas include airborne and space platforms, critical for surveillance and tactical decision-making. This expansion underscores the importance of maintaining spectrum dominance and enhancing counter-UAS capabilities, positioning nations like India to strengthen their defense posture amid evolving global threats. The focus on innovative, modular solutions reflects a transformative shift in military strategy and procurement practices.
