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Strategy Analytics: Electronic Warfare Spending Expected to Exceed $23 Billion in 2028

Evolving System Requirements Result in Strong Growth in GaN Revenue

BOSTON–(BUSINESS WIRE)–A resurgence of the “Great-Power Competition” is stimulating growth in Electronic Warfare spending. The Strategy Analytics Advanced Defense Systems (ADS) report “Electronic Warfare Market and Technology Forecast: 2018 – 2028” forecasts that spending on Electronic Warfare systems will exceed $23 billion in 2028. The report and associated data files break the Electronic Warfare market into attack (EA), support (EWS) and protection (EP) application segments. These files also forecast system spending and shipments by region, along with segmenting expenditures by power level, frequency range, functional content and semiconductor technology for these applications.

“Battlefield philosophy is evolving toward every asset having Electronic Warfare capability, with these capabilities becoming more offensive in nature,” noted Eric Higham, Director of the Advanced Defense Systems (ADS) service. “To achieve this goal, new systems are requiring multi-domain, multi-band, broadband and high frequency capabilities.” He went on to say, “The unique performance advantages of GaN will enable the needs of all segments of the EW market, so despite the uncertain COVID-19 implications, I remain optimistic that GaN revenue will grow quickly in the Electronic Warfare segment.”

Source: Strategy Analytics, Inc.

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About Strategy Analytics

Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com.

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Eric Higham, +1 617 614 0721, ehigham@strategyanalytics.com