Understanding How Electronic Warfare is Changing Human Conflict
From the desk of Muzaffar Sayyed
The world is more digital than ever before, and this is what has helped electronic warfare gain prominence among countries around the world. Electronic warfare refers to a broad spectrum of capabilities aimed at leveraging electromagnetic energy to gain a strategic advantage in military operations and war situations. From disrupting enemy communications to countering missile threats, electronic warfare systems play a crucial role in shaping the outcome of conflicts and safeguarding national security interests.
Geopolitical Unrest Around the World Catalyzing Demand
Geopolitical tensions around the world are mounting and the frequent breakout of wars due to this is projected to create a bright demand outlook for electronic warfare in the future. The Russia-Ukraine war and the genocide of Palestinians at the hands of Israel are the two latest examples of how geopolitical tensions can lead to major wars and destruction.
Use of electronic warfare was evidently seen in the Russia-Ukraine war from both sides. Russia held the upper hand in terms of electronic warfare, but Ukraine also depicted some crucial moments where it outsmarted Russia with its electronic warfare offerings.
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In February 2024, Volodymyr Zelenskyy, the President of Ukraine, discussed the crucial role of electronic warfare in the current Russia-Ukraine war. The president also stressed how Ukraine will be investing in the development of more advanced electronic warfare solutions for the future.
As per SkyQuest analysis, the global electronic warfare market is pegged to attain a robust valuation of USD 29.55 billion by the end of 2031 while expanding at 5.2% CAGR across the forecast period (2024-2031). Increasing military expenditure and advancements in electronic warfare technology are slated to decide the future of electronic warfare market growth in the long run.
Roadblocks Barricading Electronic Warfare Market Growth
Complexity of Threat Environment: The use of different types of warfare approaches and weapons has created a complex threat environment around the world. Continual innovation and evolution of electronic warfare technologies are vital for sustained market growth and electronic warfare market players find it difficult to keep up with the rapidly changing threat landscape. Companies need to invest huge amounts of capital in research and development to stay ahead of the curve and create a sustainable business. Not all companies can do so and therefore, this factor is slated to slow down electronic warfare market growth in the long run.
Regulatory Constraints: Development and use of electronic warfare is subject to different regulatory norms that keep changing from country to country. Moreover, international agreements and national security concerns are also slated to impact the import and export of electronic warfare technologies. Electronic warfare companies need to work very hard to obtain licensing rights, sale rights, and distribution rights to push their sales. Even after these sudden changes in regulations could render previous deals useless and leave electronic warfare companies hanging. This uncertainty and the presence of strict regulations are estimated to impede the electronic warfare demand outlook in the future.
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Should Electronic Warfare Companies be Hopeful?
The global electronic warfare market has a lot of potential to grow in the future, especially as tensions mount and the world nears a breakout of World War 3 somewhere in the future. Electronic warfare market players can focus on the integration of artificial intelligence and other advanced technologies to improve the efficacy of their products. These technologies could also help electronic warfare companies optimize their operations and eliminate some restraints as well. Development of multifunctional electronic warfare platforms that are integrated with other weapon and military systems could also create new opportunities for market growth in the long run.
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