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Electronic Warfare Market to Boom with 12.5% CAGR by 2031 Driven by Technological Advancements | SkyQuest Technology

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WESTFORD, Mass., July 25, 2024 /PRNewswire/ — According to SkyQuest, the global Electronic Warfare Market size was valued at USD 9.60 billion in 2022 and is poised to grow from USD 10.80 billion in 2023 to USD 27.71 billion by 2031, growing at a CAGR of 12.5% during the forecast period (2024-2031).

Electronic warfare is witnessing a sizeable demand for EW systems, supported by speedy advancements, a rising need for electronic protection abilities, and an emphasis on directed energy weapons. Currently, there is more focus on situational awareness and information superiority, one of the leading reasons for investment in the market. The growing rate of cyber, electronic, and optical domains will need a noticeable inclination in warfighting methods. Since the opportunities for improvements in technology in these domains are constantly increasing, the fresh equipment category is expected to grow at a speedy pace.

The growing need to incorporate electronic warfare systems and stealth technology in military machines is projected to emerge as a lead driver for the warfare systems, since stealth tech, standalone is incompetent to fight threats.

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Electronic Warfare Market Overview:

Report Coverage

Details

Market Revenue in 2023

USD 10.80 Billion

Estimated Value by 2031

USD 27.71 Billion

Growth Rate

Poised to grow at a CAGR of 12.5%

Forecast Period

2024–2031

Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Capability, Platform, Product, End Use, and Region

Geographies Covered

North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Report Highlights

Updated financial information / product portfolio of players

Key Market Opportunities

Growing Need to Incorporate AI in Electronic Warfare Systems

Key Market Drivers

Growing Geopolitical Stress and Initiatives for Improvements in Defense

Segments covered in Electronic Warfare Market are as follows:

CapabilityElectronic support (Signals intelligence [Electronic intelligence, Communication intelligence], Other electronic support), Electronic attack (Active, Passive), Electronic protection (Anti-active, Anti-passive)PlatformAirborne platform (Combat aircraft, Transport aircraft, Special mission aircraft, Military helicopters, Unmanned aerial vehicles), Ground platform (Vehicle-mounted, Soldiers, Ground stations), Naval platform (Ships, Submarine, Unmanned marine vehicles), Space platformProductElectronic warfare equipment, (Jammers (Radar jammers [Electronic jammers {Barrage jammers, Sweep jammers, Spot jammers, Pulse jammers, Digital radio frequency memory jammers}, (Mechanical jammers [Corner reflectors, Decoys, Flare dispensers, Chaff dispensers], Communication jammers, Remote-controlled improvised explosive device jammer)), (Self-protection EW suite, Directed energy weapons, Direction finders, Directional infrared countermeasures, Anti-radiation missiles, Antenna, Infrared missile warning systems, Identification friend or foe systems, Laser warning systems, Electromagnetic shielding/hardening materials, Radar warning receivers, Counter UVAS systems, Interference mitigation systems, Electromagnetic pulse weapons), Operational support (Software, Simulation)End UseOEMs, Upgrades

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Electronic Support Segment to Propel Due to Intensified Demand in Air Force and Navy

The electronic support domain dominated the electronic warfare market in the past years since the key purpose of ES systems is to detect and jam enemy communication signals and radar for situational awareness and intelligence purposes by the military. Today, electronic support systems are witnessing intensified demand and application in navy, air force, and ground systems owing to increasing significance of surveillance and data acquisition.

The electric attack domain is expected to be the fastest growing owing to advancements in technology and impending novel risks in EW. With expanding electronic system’s use by enemies, the demand for highly improved electric attack is burgeoning since they can better interlope with such systems. The increasing need to develop such improvements in EW is considerably driving the growth of the segment in the market.

Airborne Segment to Lead on the back of Attractive Benefits of EW Systems like Maneuverability

The airborne domain registered a majority market share due to the increasing use of EW systems in air force aircraft and machinery comprising UAVs, fighter aircraft, and surveillance airplanes. These systems deliver multiple advantages like maneuverability, covering large areas, and swift reaction time, making the airborne systems an indispensable component of today’s warfare. Owing to the increasing significance of airborne electronic warfare in future wars, the segment is anticipated to stay dominating.

The vehicle segment is projected to be the fastest growing over the estimated period. The reason for the domain’s growth is due to surging applications of tactical electronic warfare systems that efficiently defend against unmanned systems and guided weapons.

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Electronic Warfare Equipment (Jammer) Segment to Gain Traction Due to High Efficiency of Improved Jamming Solutions

The jammer segment held the majority share of the market owing to the key importance of improved jamming solutions to stand mature enemy radar and communication systems. Advancements in DRFM, integration of AI for real-time risk analysis, adaptive algorithms and forceful jamming, and highly responsive tactics are important. These developments allow efficient disturbance of enemy surveillance and targeting systems, thereby boosting offensive and defensive EW competencies.

The infrared missile warning system domain is expected to grow in the coming years since it supports multiple operations for ESM (Electronic Support Measures). In most applications, infrared missile warning relates to electronic warfare systems to improve countermeasure competencies. Also, growing government spending for improved risk detection, better security at borders, and more are driving the segment’s growth.

Integration of Artificial Intelligence and Machine Learning to offer Potential

Forecasting the future is quite challenging, yet the market will see steady improvements in domains like space-based assets and quantum technologies integrated with cognitive radio and AI. The focus on collaborative electronic warfare will be steady, with anticipation that noteworthy improvements in competencies will be achieved. Also, more focus will be seen on cognitive EW, but the possible result will be that technical reality will ultimately outplay the idealistic expectations. The innovations needed for range test and laboratory machine will need extra complexity level and higher technological improvement. To achieve this, artificial intelligence and machine learning will play a key role, which will develop test community and relieve human electronic warfare test operators.

Related Report:

Cyber Security Market

C4ISR Market

Drone Market

Military Communications Market

Battlefield Management Systems Market

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

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OCR Canada Rebrands to Levata

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TORONTO, Dec. 27, 2024 /CNW/ — OCR Canada Ltd., Canada’s leading solutions provider of automated identification data capture (AIDC) products, software, and services for businesses across industries and government organizations, is pleased to announce its rebrand to Levata as of January 1, 2025. This transition unites Canada’s operations with Levata’s global identity, streamlining the company’s messaging while honoring OCR Canada’s more than 40-year legacy of trusted service and expertise.

The name OCR, which originally stood for Optical Character Recognition, reflects a technology that no longer represents the company’s comprehensive offerings. Rebranding to Levata supports the broader strategic vision of uniting Levata across markets under one multinational brand to better communicate the full value Levata delivers to its customers.

“This rebrand is an exciting milestone for Canada,” said Tony Mastrangeli, Executive Vice President & GM of Canada. “While our name is changing, the exceptional service, expertise, and relationships our customers rely on remain the same. Levata will continue to empower businesses with tailored solutions, just as OCR Canada has for more than 40 years.”

The transition follows a successful history of growth in Canada, with OCR Canada joining Levata in 2014. Since then, the Canadian arm has expanded its expertise through strategic acquisitions and established itself as a leading provider of AIDC solutions across industries.

“This rebrand marks the next step in Levata’s long-term vision,” said Dan Nettesheim, CEO of Levata. “By uniting under a single, global identity, we are amplifying our global message that we enable our customers to elevate their potential. Today, we provide solutions beyond OCR and barcoding, we also offer leading technology and services for enterprise mobility, RFID, networking, IT infrastructure, and more to help customers succeed in a competitive and rapidly evolving market.”

To complement this transformation, Levata Canada will launch a French-enabled eCommerce platform in January 2025, further enhancing customer access and experience.

For more information about the rebranding, visit www.Levata.com/en-ca/news/ocr-canada-rebrands-to-levata.

About Levata
Levata enables customers to elevate their potential by providing strategies, solutions, and services that power modern environments. With a broad suite of technology products to enable enterprise mobility, a digital supply chain, a secure workplace, and an elevated customer experience, and the services to move businesses forward, Levata unlocks the power of thousands of organizations worldwide. Levata has operated as a market leader in full-stack technology solutions for over 40 years. Learn more at www.levata.com.

Alana Tufford, Director, Enterprise Marketing
Levata
905-475-5505 x242
branding@levata.com

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“Intangible Cultural Heritage in China” Now Airing on CCTV

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BEIJING, Dec. 27, 2024 /PRNewswire/ — Intangible Cultural Heritage in China, a landmark cultural series jointly presented by China Media Group (CMG) and the Ministry of Culture and Tourism of the People’s Republic of China, takes audiences on an immersive journey where tradition and innovation converge. Through interactive and engaging experiences, the program has ignited nationwide interest in China’s intangible cultural heritage (ICH) as audiences witness the dynamic transformation of ancient traditions into contemporary practices. A new episode continues on CCTV-1 at 8:00 PM on December 21, 2024.

Staying true to its core theme of “bringing heritage to life through people, crafts, and daily practices”, this series celebrates master artisans while showcasing the creative evolution of traditional culture. It illustrates how ICH enriches modern life, catalyzes new development modalities of cultural tourism, and strengthens regional economies through the harmonious integration of heritage preservation and tourism development.

In the Shandong episode, viewers are transported to the Ancient City of Langya in Linyi. CMG host Long Yang explores the city’s heritage districts alongside distinguished guests Shan Jixiang, Chairman of the Expert Committee of the China Cultural Relics Academy and Director of the Palace Museum’s Academic Committee, and acclaimed actress Kara Hui. Together, they unveil Shandong’s extraordinary cultural legacy through masterful demonstrations of traditional craftsmanship, immersive workshops, authentic Lu cuisine experiences, and an enlightening journey across the storied lands of Qi and Lu.

Watch the premiere at 8:00 PM on December 21, 2024 on CCTV-1, with exclusive streaming available on www.yangshipin.cn. Stay tuned!

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Thinkfree showcases AI-Driven future workplace at CES 2025

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LAS VEGAS and SEOUL, South Korea, Dec. 27, 2024 /PRNewswire/ — Thinkfree, a global software company in productivity tools and AI technology, will participate in CES 2025, taking place in Las Vegas from January 7 to January 10, 2025. During the event, Thinkfree will present its vision for the future workplace powered by AI technologies.

Thinkfree will present scenarios showcasing the potential of AI to revolutionize productivity in next-generation workspaces, including autonomous vehicles and smart offices. Visitors will explore how Thinkfree solutions enable efficient data access, accurate information discovery, key detail summarization, and streamlined collaboration in mobile or in-vehicle work environments.

Thinkfree’s suite of advanced solutions powers these transformative experiences, including Thinkfree Office Online – a web-based productivity suite, Refinder AI – an AI-powered enterprise search and assistant solution, Thinkfree Drive – an integrated cloud storage and office platform, and Thinkfree Intellect – a tailored knowledge management service designed for enterprises.

Deekay Kim, CEO of Thinkfree, stated, ” As the digital transformation of work environments progresses, Thinkfree is committed to harnessing our expertise in productivity tools and AI to drive efficiency in the future workplaces, such as autonomous vehicles and smart offices. CES 2025 will provide us with the perfect platform to highlight our innovations to the global market and encourage partnership that will help define the future of work.”

Visitors to Thinkfree’s booth in North Hall, Booth #8676, at the Las Vegas Convention Center can experience solutions such as Thinkfree Office Online and Refinder AI, with experts on hand to offer guidance on technology integration and partnership opportunities.

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