According to MarkNtel Advisors study 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 Findings of the Study: Cognitive Electronic Warfare market
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.
Growth Opportunity: Upcoming Government Plans for Defense Modernization
Since many countries worldwide are witnessing an increasing number of border threats, foreign interventions, & terrorism acts, governments are massively investing in modernizing their defense sectors and strengthening the domestic defense, communication systems, border security, etc. It includes setting up dedicated infrastructure & facilities to integrate such a disruptive warfare ecosystem. In the coming years, government spending on such solutions would skyrocket to mitigate the immediate risks. For instance:
- In November 2021, the Indian Navy received an advanced Electronic Warfare (EW) suite, ‘Shakti,’ developed by the Defense Research and Development Organization (DRDO) to detect, identify, classify, and jam the advanced radars.
In June 2021, the Indonesian government announced a 3-year plan to spend USD 125 billion to upgrade & modernize its military sector.
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Scope of the Report and Cognitive Electronic Warfare Market Segmentation:
By Capability
- Electronic Attack
- Electronic Protection
- Electronic Support
- Electronic Intelligence
By Platform
- Navy
- Airborne
- Land
- Space
Of them all, the Airborne platform is anticipated to record promising market growth during 2022-27.
Cognitive Electronic Warfare Market Development:
- In April 2020, Elbit Systems received a contract worth USD103 million from a few Asian countries (probably India) for providing technologically advanced electronic suites for their Air Force.
- In November 2019, BAE Systems received a contract worth USD71 million from the US Army for providing the AN/AAR-57 Common Missile Warning System (CMWS). This system is highly technologically advanced & can protect against sophisticated threats.
- In November 2016, BAE Systems received a contract worth USD13.3 million from DARPA for developing cognitive electronic warfare technologies for the Adaptive Radar Countermeasures (ARC) project.
Geographical Analysis:
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
Of all regions globally, North America dominated the Cognitive Electronic Warfare Market in 2021.
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