'Visiongain Values Electronic Warfare Market at $9.87bn in 2012'

'Visiongain Values Electronic Warfare Market at $9.87bn in 2012' PR Newswire LONDON, October 24, 2012 LONDON, October 24, 2012 /PRNewswire/ -- A new report released by business intelligence company visiongain today entitled The Electronic Warfare (EW) Market 2012-2022, calculates that $9.87bn will be spent on electronic warfare (EW) worldwide in 2012. Investment in major electronic warfare programmes is expected to be a continuing priority for Western militaries even whilst they experience cuts in their budgets. Increasing demand in emerging EW markets such as China, India, Russia and Brazil will also become an increasingly important source of business. The visiongain defence analyst for this report stated that: 'Electronic warfare is becoming increasingly indispensable to modern military forces, resulting in robust demand even in times of budgetary constraint. This necessity of EW capability in maintaining effective air forces and navies also means that as emerging economies seek to enlarge and modernise their capabilities they are likely to pursue swift programmes of EW procurement. Couple this with a strategic environment beginning to again favour hi-tech, platform based warfare and the outlook for growth in the electronic warfare market looks extremely favourable.' The report has 251 pages and contains 245 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the electronic warfare market.