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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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SOURCE SkyQuest Technology

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TiTE x IHT 2026: The Definitive Hub for Taiwan’s Hardware Manufacturing Excellence

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TAICHUNG, May 6, 2026 /PRNewswire/ — When sourcing from Taiwan, location is the ultimate strategic advantage. Don’t be misled by smaller, general trade shows held in city centers like Taipei. To truly connect with the source, you must go where the products are born. TiTE x IHT (Oct 20-22, 2026) in Taichung is the undisputed largest and most vital hardware industrial expo on the island. Hosted directly in the heart of Taiwan’s precision manufacturing cluster, this event features 1,000+ booths and 500+ top-tier manufacturers, offering a scale and industrial depth that no other exhibition can replicate.

Why Global Buyers Choose the Taichung Source Over Urban Trade Shows:

The Revolutionary “Exhibition as Factory” Model: Taichung is the global epicenter for hardware, home to 70% of Taiwan’s industry output. Our unique location enables the “30-Minute Sourcing Circle.” This allows you to verify high-end samples on the show floor in the morning and audit world-class production lines by the afternoon. By eliminating the travel gap between the booth and the factory, we reduce traditional procurement cycles from weeks to hours, providing unmatched transparency for R&D, capacity assessment, and quality control.ESG & CBAM Compliance for Western Markets: As the EU’s Carbon Border Adjustment Mechanism (CBAM) and global ESG mandates reshape trade, our exhibitors are already ahead of the curve. Discover CBAM-ready solutions and green manufacturing processes specifically designed to meet the strict sustainability requirements of the European and American markets. We provide more than just tools; we provide carbon-footprint-managed resilience for your brand.AI-Driven Smart Manufacturing: Address global labor shortages and rising costs with Taiwan’s latest innovations. The 2026 expo focuses on “AI Empowerment,” showcasing collaborative robotics, automated digital inspection, and data-driven supply chain management. These technologies ensure lead-time stability and high-precision consistency for premium global brand owners.Direct Sourcing & Global Matchmaking: Skip the middlemen and trading agencies. Our “Global Buyer Day” offers exclusive, pre-arranged matchmaking with the actual OEMs/ODMs. This is the primary decision-making platform for major distributors seeking resilient, direct-to-factory partnerships that guarantee the best pricing and priority production slots.

Experience the synergy of smart manufacturing and global trade. Stop at the source—where the world’s hardware is actually built. Secure your competitive edge in the true heart of the industry.

【TiTE x IHT】

Date: October 20-22, 2026Venue: TICEC, Taichung, TaiwanRegister Now: https://accu.ps/g8MZ1SHousing Subsidy: https://forms.gle/34VHVxSrEw7g8GxDAOfficial Website: https://www.hardwareexpotw.com

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SOURCE TiTE x IHT

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KIST Accelerates U.S. Expansion of Quantum Deep-Tech Startups Through SelectUSA 2026

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SEOUL, South Korea, May 5, 2026 /PRNewswire/ — The Korea Institute of Science and Technology (KIST) President Oh Sang-rok announced that it will participate in the SelectUSA Investment Summit 2026 as part of a Korean delegation, together with quantum technology startups supported by the Ministry of SMEs and Startups under the Deeptech Project (DIPS).

The initiative, supported by South Korea’s Ministry of SMEs and Startups (MSS), is part of the government’s “Deeptech Incubator Project for Startups” (DIPS) initiative, which aims to nurture globally competitive deep-tech ventures.

KIST, which serves as the lead institution for the quantum technology sector under the program, said it will oversee the global commercialization efforts of participating firms. In particular, the “Global Bridge Program,” jointly developed with the U.S. Embassy in Korea in September 2025, is an official program designed to generate tangible overseas expansion outcomes by linking investment attraction with local market entry through diplomatic channels.

Organized by the U.S. Department of Commerce, the SelectUSA Investment Summit is the largest investment promotion event in the US, connecting international startups with venture capital firms, corporate investors and state-level economic development agencies.

It serves as an execution-oriented platform that extends to investment, corporate establishment, site selection, and tax incentives, and is considered a key entry gateway for deep-tech companies, including those in quantum technology.

KIST said participation in the summit is particularly significant for deep-tech sectors such as quantum technology, where access to the US innovation ecosystem is seen as key to growth.

The program is conducted in two stages. From April 30 to May 1, companies took part in a spin-off program hosted by the State of Maryland, which included visits to research institutions and tours of the regional quantum technology ecosystem.

During this period, the delegation also conducted localized activities with the Maryland state government and its economic development agencies, focusing on investment attraction, corporate collaboration, and joint R&D. In addition, on May 5, the delegation held discussions with U.S. Department of Commerce Deputy Secretary William Kimmitt on potential areas of cooperation.

The delegation will also meet officials from Fairfax County Government to explore collaboration and investment opportunities.

The main summit, currently ongoing from May 3 to May 6, features exhibitions, pitching sessions and meetings with US state representatives, with participating firms expected to engage in discussions on investment and market entry.

The delegation is structured to encompass the entire quantum industry rather than a single technology domain.

The Korean delegation comprises five startups, alongside Kyung Hee University Department of Future Science & Technology Commercialization Policy and Entrepreneurship, with approximately 20 participants forming an integrated ecosystem that combines research institutes, academia, and startups, enabling a full-cycle support system from technology validation to commercialization and global expansion.

One of the firms, OptiQ-Labs, was selected for an official pitching session on May 4, where it presented its laser-based optical modules designed for ion-trap quantum computing systems.

This highly competitive program selects only around 100 companies from more than 20,000 applicants worldwide. If selected as the winner of the pitching session, the company will receive follow-up meetings with U.S. state governments and economic development agencies, access to global investor networks, support for local entity establishment, and connections to site selection and tax incentive programs.

Other participating companies include QUAD, which develops single-photon detection technology; SLEEX, focused on underwater sensing; Elixir (StatUp AI), which works on quantum-classical hybrid algorithms for healthcare; and SQK (QMEDIC), specializing in physics-based imaging solutions.

KIST Project Director, Kang Sunjoon, said, “This program represents a critical milestone for Korean quantum startups to directly connect with global investors and industry ecosystems. Via the DIPS program, we are actively promoting the global commercialization of quantum technologies.”

Through its participation in SelectUSA, KIST has established a package-type global expansion model that integrates technology validation, investment attraction, and U.S. market entry.

The summit serves as a turning point for South Korea’s quantum sector, enabling startups to move into the next phase of validation, investment, and overseas expansion.

For more information, visit https://eng.kist.re.kr/.

About KIST 

KIST was established in 1966 as the first government-funded research institute in South Korea. KIST now strives to solve national and social challenges and secure growth engines through leading and innovative research.

About Participating Quantum Startups

QUAD, led by Chief Executive Officer, Oh Byung-doo, develops quantum sensing technologies based on superconducting nanowire single-photon detectors (SNSPDs), offering high sensitivity and precision with applications spanning quantum communication, quantum computing, semiconductor inspection, and defense.

SLEEX is developing an advanced perception technology that combines quantum LiDAR and electric field sensing to overcome limitations of existing underwater sensors, particularly by eliminating blind zones within the 0–2 meter range, with strong potential in autonomous navigation, maritime security, and defense, with Lee Jeho at the helm as Chief Executive Officer.  (https://www.thesleex.com)

Elixir, headed by Chief Executive Officer Jang Jung-kwon, develops a drug discovery and biomarker analysis platform based on quantum-classical hybrid algorithms, targeting the precision medicine market through the integration of bioinformatics and quantum machine learning. (statupai.com)

SQK develops medical imaging AI based on quantum-physics constraints, addressing the hallucination issues of conventional AI by ensuring physical consistency in CT and MRI reconstruction. Under the leadership of Chief Executive Officer Kim Yoon-hak, SQK is improving reliability and reducing the need for re-scans in clinical settings. (www.sqkcloud.com)

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SOURCE The Korea Institute of Science and Technology (KIST)

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Former Visa Asia Pacific Executive David Tay Joins YeahPay as Global Vice President

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SINGAPORE, May 6, 2026 /PRNewswire/ — YeahPay, the international payment brand under YEAHKA (9923.HK), has appointed David Tay, a former senior executive at Visa Asia Pacific, as Global Vice President, tasking him with overseeing the strategic direction and product ecosystem development of YEAHKA’s overseas payment business. The appointment comes as global digital trade enters a new phase defined by ecosystem integration, with payment infrastructure undergoing a generational shift in acceleration.

David Tay, a Singaporean national, is a rising leader in the payments industry. During his career at Visa, David played a key role in driving business growth across multiple Southeast Asian markets, demonstrating early promise in commercial insight and innovation. He subsequently moved into Visa’s Innovation division, where he rose to serve as Head of Innovation, leading Visa Pacific’s product innovation and new business.

In that capacity, David led the commercialization of cutting-edge payment paradigms including Visa Flex Credential and Pay by Palm. He was also involved in the evaluation and governance of strategic partners across the region, accumulating deep expertise in collaborating with banks, fintechs, and large-scale enterprise merchants.

David’s track record spans the full go-to-market lifecycle, from concept to pilot to scale, as well as deep capabilities in cross-institutional partnerships and ecosystem development. His appointment comes at an inflection point for YEAHKA’s international expansion. According to YEAHKA’s 2025 annual report, its overseas business delivered full-year Gross Payment Volume (GPV) surpassing RMB 5 billion, representing a 323.3% year-on-year surge from RMB 1.1 billion in 2024.

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SOURCE Yeahka

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