U.S. to Stake in Electronic Attack Communication with More Technology, Spending: Report
FREMONT, CA: Strategy Analytics says that global Electronic Market is soon expected to reach $8.5 Bn in the next 9 years with the dramatic increase in expenditure spent on radio frequency based Electronic Attack systems such as radar, communications and RCIED (radio controlled improvised explosive device) jammers up to 70 percent of the total EA market by 2024.
The “Global Electronic Attack (EA) Market and Technology Forecast: 2014 - 2024” from Strategy Analytics briefs the analysis of the total EA sector providing segmentation detail related to form factors, platforms, frequency, power and related enabling technology trends and component demand.
The company’s Advanced Defense Systems service series of Electronic Attack reveals the blue print of the global expenditure trends which is segmented on a regional basis. It also includes the expected spend ratio on EA incorporating systems, hardware, support and related services across the land, air and naval domains.
The report predicts that the North American region, specifically the US will drive spending on EA systems especially for airborne and shipborne EA systems.
According to the report, Land-based EA systems will represent the second largest market in dollar terms and dominate total shipments and the total number of EA system shipments is forecasted to grow at a CAGR of 3.9 percent through 2024 to reach 10,844 units.
“There will be an increasing emphasis towards systems that can support multi-band and/or wideband operation to combat the increasingly complex spectrum environment. Key drivers for growth will include the upgrading of capabilities by leveraging the advantages of wideband materials such as gallium nitride (GaN) and digital RF memory (DRFM) capabilities,” said Asif Anwar, Director, Strategy Analytics.
“The associated market for component technologies will grow from $457 million to almost $1.2 billion in 2024. While vacuum tube-based solutions will continue to dominate, programs such as the US-based Next Generation Jammer (NGJ) and Surface Electronic Warfare Improvement Program (SEWIP) programs will contribute to the market for GaN becoming a staple ingredient in the makeup of future EA systems,” Anwar concludes.
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