The Electronic Warfare (EW) Market 2011-2021
13 Oct 2011 • by Natalie Aster
Visiongain has determined that the Brazilian EW market was worth $0.08bn in 2010. An AGR of 5.0% is projected in the year 2011, while over the entire forecast period; a CAGR of 11.5% is expected to increase the Brazilian EW market to a value of $0.25bn in 2021. Within the forecast period, a CAGR of 9.0% is forecast from 2011-2016, compared to a greater CAGR of 14.0% for the years 2016-2021.
In 2011, the Brazilian EW market was ranked by Visiongain as the fifteenth largest national EW market, representing 0.9% of the global EW market in that year. By 2021, the Brazilian EW market is projected to have increased its share of the global EW market by 0.5%, raising its proportion to 1.5%, and placing the Brazilian EW market as the eleventh largest national EW market in the world.
Cumulative sales for the Brazilian EW market are forecast to achieve a total of $1.58bn from 2011-2021, representing 1.1% of the projected global EW market cumulative sales for the forecast period.
Report Details:
The Electronic Warfare (EW) Market 2011-2021
Published: September 2011
Pages: 249
Price: US$ 2,664.00
Report Sample Abstract
Table 5.43 Brazilian Electronic Warfare Market Forecast Summary 2011, 2016 and 2021 ($bn, Rank, % Share, CAGR %, Cumulative)
|
|
2011 |
2016 |
2021 |
|
Market size $bn |
$0.08bn |
$0.13bn |
&0.25bn |
|
Global national market ranking |
15th |
15th |
11th |
|
Global market share % |
0.9% |
1.0% |
1.4% |
|
|
2011-2021 |
||
|
2011-2021 CAGR % |
11.5% |
||
|
2011-2021 CAGR % ranking |
2nd |
||
|
2011-2021 Cumulative market |
$1.6bn |
||
|
|
|
||
|
Market Outlook |
Very Positive |
||
Source: Visiongain 2011
Brazilian Electronic Warfare Market Analysis
The Brazilian EW market is projected by Visiongain to achieve increasing growth rates as the forecast period moves on, as greater investment and opportunities arise within the Brazilian EW market. Visiongain expects that the increases in funds to the Brazilian defence budget will filter through to EW products and systems, providing the Brazilian Armed Forces with modernised equipment and weaponry.
In the second half of the forecast period, 2016-2021, the Brazilian EW market is forecast to achieve annual grow rates of between 12.0%-15.0%, and Visiongain believes that significant opportunities exist for companies to partner with Brazilian companies, or to secure contracts from the Brazilian Ministry of Defence. New procurement of aircraft, ships, and ground hardware will need to be supplied with EW capabilities, and it is believed that this period will see increased funding towards EW from the Brazilian authorities.
More information can be found in the report “The Electronic Warfare (EW) Market 2011-2021” by Visiongain.
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