Digital Radio Frequency Memory Market-Global Industry Trends, Analysis, Regional Outlook, & Competitive Strategies |Global forecast to 2021.
The Digital Radio Frequency Memory (DRFM) market is projected to grow from $ 613.9 Million in 2016 to $1,222.2 Million by 2022, at a CAGR of 12.16% during the forecast period while Asia-Pacific region grow at the highest CAGR during the forecast period.
Pune, India – March 29, 2017 /MarketersMedia/ —
“The Digital Radio Frequency Memory (DRFM) market is projected to grow at a CAGR of 12.16% from 2016 to 2022”
The Digital Radio Frequency Memory (DRFM) Market is projected to reach $1,222.2 million by 2022, at a CAGR of 12.16% during the forecast period. DRFM-based electronic warfare systems are installed in various defence platforms, such as ground-based military units, Unmanned Aerial Systems (UAS), and navy ships. Increased deployment of unmanned aerial vehicles and advancements in electronic warfare equipment are factors driving the growth of the Digital Radio Frequency Memory (DRFM) market. In addition, growth of the airborne electronic warfare systems and upgrade of older air platforms are significant factors driving the demand for DRFM-based jammers. Reduction in defence expenditure in developed nations and ban on the usage of jammers for civilian application are factors restraining the growth of the market.
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“The electronic warfare segment of the Digital Radio Frequency Memory (DRFM) market is projected to grow at the highest CAGR during the forecast period”
Based on application, the electronic warfare segment of the Digital Radio Frequency Memory (DRFM) market is expected to grow at the highest CAGR from 2016 to 2022. Increased usage of DRFM jammers in aircraft, land vehicles, and ships for protection against enemy radar-based tracking is one of the most significant factors fuelling the growth of the electronic warfare segment.
“Based on platform, the defence segment accounted for the largest share of the Digital Radio Frequency Memory (DRFM) market in 2016”
On the basis of plat form, the defence segment accounted for the largest share of the Digital Radio Frequency Memory (DRFM) market in 2016. Airborne plat form-based jamming systems are major end users of DRFM jammers. Airborne jammers are commonly used on defence aircraft as self-protection jammers. Various naval warships and land-based platforms use DRFM jammers to counter threats from incoming enemy aircraft.
“The Asia-Pacific Digital Radio Frequency Memory (DRFM) market is expected to grow at the highest CAGR during the forecast period”
Asia-Pacific is the fastest-growing regional segment of the Digital Radio Frequency Memory (DRFM) market. Rise in transnational disputes, economic growth, and increase in defence spending are significant factors propelling the growth of this market in the Asia-Pacific region. In addition, countries in the Asia-Pacific region are increasing their defence spending on various electronic warfare jamming systems to enhance the protection of military units against radar-guided missile threats.
“Break-up of profiles of primary participants for the Digital Radio Frequency Memory (DRFM) market”
• By Company Type – Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation – C Level – 35%, Director Level – 25%, and Others – 40%
• By Region – North America – 45%, Europe – 20%, Asia-Pacific – 30%, and RoW – 5%
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Major companies in the Digital Radio Frequency Memory (DRFM) market are Airbus Group (France), Northrop Grumman Corporation (U.S.), Raytheon Company (U.S.), BAE Systems plc (U.K.), Elb it Systems Ltd. (Israel), Thales Group (France), Leonardo S.p.A. (Italy), Curtiss-Wright Corporation (U.S.), Israel Aerospace Industries (Israel), and Rohde & Schwarz (Germany).
Research Coverage:
The study segments the Digital Radio Frequency Memory(DRFM) market on the basis of application (electronic warfare, radar test & evaluation, electronic warfare training, and radio & cellular network jamming), platform (defence and commercial & civil), architecture (processor, modulator, converter, memory, and others), and region (North America, Europe, Asia-Pacific, and rest of the world).
Reasons to Buy the Digital Radio Frequency Memory (DRFM) Market Research Report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on competitive landscape, emerging and high-growth segments of the Digital Radio Frequency Memory (DRFM) market, high-growth regions and countries, government initiatives, and market drivers, restraints, and opportunities.
The report provides insights into the following pointers:
• Market Penetration: Comprehensive information on the Digital Radio Frequency Memory (DRFM) market offered by top 10 players in the market
• Product Development/Innovation: Detailed insights on upcoming technologies, research &development activities, and new product launches in the Digital Radio Frequency Memory (DRFM) market
• Market Development: Comprehensive information about emerging markets -the report analyses markets for digital radio frequency memory across varied regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Digital Radio Frequency Memory (DRFM) market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Digital Radio Frequency Memory (DRFM) market
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