Electronic Warfare Market to Reach $64.66 Billion by 2031 as Unmanned Segment Grows 23.7%
Updated
Updated · PR Newswire · Jun 17
Electronic Warfare Market to Reach $64.66 Billion by 2031 as Unmanned Segment Grows 23.7%
1 articles · Updated · PR Newswire · Jun 17
Summary
$64.66 billion is the projected size of the electronic warfare market in 2031, up from $32.35 billion in 2026, implying a 14.9% annual growth rate.
Demand is being driven by military modernization, broader integration of electronic warfare into operations, and rising use of unmanned and autonomous systems in contested environments.
The unmanned/autonomous platform segment is forecast to post the fastest growth at 23.7%, while software is expected to be the quickest-growing offering segment.
Procurement is expected to remain the larger spending category by 2031, reflecting purchases of jammers, signal intelligence gear, counter-drone systems and integrated electronic warfare suites.
Europe is projected to be the fastest-growing regional market at 18.7% as governments raise defense spending, expand interoperability and invest in next-generation electronic attack, protection and support systems.