Electronic Support Measures Market is Forecasted to Reach US$ 797.7 Million in 2028, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global electronic support measures market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more

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Market Statistics:

Market Size in 2028: US$ 797.7 million

Growth (CAGR): 1.5% during 2023-2028

Leading Product Type: Vehicle-Mounted ESM Systems

Leading Platform Type: Airborne Platform

Leading Application Type: ELINT

Leading End-User Type: Military

Leading Region: North America

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Electronic Support Measures Market:

The global electronic support measures market is segmented based on product type, platform type, application type, end-user type, and region.

Based on application type – The electronic support measures market is segmented into ELINT, COMINT, and RWR. Among these application types, ELINT is expected to maintain its market dominance as well as witness the fastest growth during the forecast period. ELINT is of great importance in modern military and intelligence operations, as it helps in situational awareness, threat assessment, and decision-making processes. In particular, ELINT plays a crucial role in assessing the electronic threat environment, which helps the military and homeland security intelligence agencies understand the adversary's electronic capabilities, tactics, and vulnerabilities and accordingly develop strategies to counter or exploit those capabilities. ELINT is closely linked to electronic warfare (EW) operations, providing information on enemy electronic systems and allowing for jamming, deception, or suppression of hostile electronic emissions.

Based on product type - The market is segmented into vehicle-mounted ESM systems, fixed ESM systems, and portable ESM systems. Among these product types, the vehicle-mounted ESM system is expected to remain the dominant as well as the fastest-growing category in the next five years. These systems offer high mobility and flexibility and can be quickly deployed to different locations and terrains, making them ideal for rapidly changing battlefield scenarios. They help the defense forces with the provision of intelligence and threat assessment on the move. Furthermore, these systems are versatile and can be deployed on a variety of military vehicles, including aircraft, armored vehicles, submarines, and even naval vessels.

Based on platform type – The electronic support measures market is segmented into airborne platforms, naval-based platforms, and ground-based platforms. Among these platform types, the airborne platform is likely to remain the dominant category during the forecast period. Airborne platforms, such as fighter aircraft, surveillance planes, and drones, offer unparalleled mobility and access to different operational areas. These aircraft can quickly cover large areas, gather electronic intelligence from multiple sources, and respond rapidly to hostile threats. The airborne ESM systems are often integrated with the military aircraft’s avionics and mission systems. In addition, with the year-on-year increasing orders for the F-35 aircraft, which holds unprecedented potential for gathering electronic intelligence, the market category is likely to witness the fastest growth in the coming years.

Based on end-user type - The market is segmented into military and homeland security. Between end-user types, the military is expected to remain the biggest procurement of ESMs as well as the fastest-growing category during the forecast period. With the developments in the digital warfare marketspace globally, the military forces actively invest in the development and deployment of cutting-edge ESM systems to maintain their military superiority. The military faces a more complex and diverse threat environment as compared to homeland security. In addition, military operations often involve confronting adversaries with sophisticated electronic warfare capabilities. As a result, there is a higher demand for ESM systems in the defense industry.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for electronic support measure during the forecast period. This growth outlook is majorly attributed to the following–

·      The US DoD, in particular, has been extensively investing in ESM systems with companies, such as BAE Systems, Raytheon Technologies Corporation, Lockheed Martin Corporation, and Northrop Grumman Corporation, which provide the country with an unmatched edge over other regions.

·      As the US DoD continues to add new tactical aircraft, naval vessels, and land vehicles while modernizing older platforms, they will continue to call on these companies to provide the latest technology to help protect these assets and the personnel who operate them.

Concurrently, Asia Pacific is expected to witness the fastest growth in the market in the coming years with major contributions from countries, such as China, India, and Japan, leading to growing demand for ESM systems to enhance situational awareness, intelligence collection, and protection of assets.

Top Companies in the Electronic Support Measures Market:

In recent years, there has been stiff competition in the global electronic support measures system market. Moreover, there is a high level of consolidation in the market, with the top companies capturing a majority of the overall market share. These companies are also actively contributing to the market demand as a result of their large industry experience, financial position, technological expertise, government support, innovative product developments, and geographic reach. Stratview Research has identified the following companies as the top market players:

• BAE Systems
• Raytheon Technologies
• Lockheed Martin Corporation
• Leonardo DRS
• Northrop Grumman Corporation
• L3Harris Technologies, Inc.
• Elbit Systems Ltd.
• Thales Group
• Rohde & Schwarz India Pvt., Ltd.
• HENSOLDT

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

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Related Reports:

-      Electronic Countermeasures Market

-      Offensive Electronic Countermeasures Market

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