Global EWS Market Growing to $8.6B
February 24, 2016 | Strategy AnalyticsEstimated reading time: 1 minute
RF-based Electronic Warfare Support (EWS) systems such as RWRs (Radar Warning Receivers), DF/COMINT (Direction Finding and Communications Intelligence) and ESM/ELINT (Electronic Support Measures and Electronic Signals Intelligence) will dominate the market for EWS system spending, accounting for 73% of the total market in 2024, according to Strategy Analytics.
Spending on EWS systems installed on airborne platforms will account for 36% through 2024, and developing and maintaining land-based EWS capabilities will represent the second largest end market.
EWS systems include both RF-based and EO-IR (electro-optical and infra-red) and laser-based TWRs (Threat Warning Receivers), which will account for the third largest market, followed by DF/COMINT systems with spending on ESM/ELINT systems accounting for the largest market. Collectively, these sectors will account for account for 93% of total spending on EWS through 2024.
The total number of EWS system shipments is forecast to grow at a CAGR of 3.6% through 2024 to reach 9,319 units.
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