Digital Radio Frequency Memory (DRFM) Market Assessment and Key Insights Analyzed Till 2032

 The worldwide digital radio frequency memory (DRFM) market is supposed to collect US$ 982.4 Million in esteem by 2022-end. During the figure time frame going from 2022 to 2032, a CAGR worth 12.7% has been anticipated for the market, with a normal shutting esteem worth US$ 3,249.4 Million. During the 2016-2021 verifiable period, the business developed at a worth CAGR worth 11.1%.

Today, DRFM (Digital Radio Frequency Memory) has become center of a large portion of the electronic sticking framework. DRFM (Digital Radio Frequency Memory) based electronic frameworks are every now and again introducing in different protection stage, for example, ground-based military units, naval force boats and others which are at last powering the development of DRFM (Digital Radio Frequency Memory) market.

Furthermore, the significant development of the airborne electronic fighting frameworks and the mechanical headway in Military Radars are the huge variables which are driving the development of DRFM (Digital Radio Frequency Memory) market.

Additionally, the need to foster DRFM (Digital Radio Frequency Memory) based jammers for Unmanned Aerial Vehicle (UAV) or Drone applications and high level electronic fighting frameworks to recognize and counter muddled sensors are driving the development of DRFM (Digital Radio Frequency Memory) market.

In DRFM (Digital Radio Frequency Memory) technique high-speed sampling and digital memory is used which helps to store frequency and microwave signals. DRFM (Digital Radio Frequency Memory) technique is becoming popular for the implementation of false-target Electronic Attack systems which is driving the growth of DRFM (Digital Radio Frequency Memory) market. Moreover, the advent of Cognitive Electronic warfare technology is key factor fueling the growth of DRFM (Digital Radio Frequency Memory) market.

DRFM (Digital Radio Frequency Memory): Drivers and Challenges

Drivers

The technological advancement in electronic warfare equipment and the need to upgrade older platforms are the significant factors driving the growth of DRFM (Digital Radio Frequency Memory) market. Moreover, the increased usage of DRFM (Digital Radio Frequency Memory) jammers in aircraft, navy and others for protection against enemy radar-based tracking is also one of the factor which is driving the growth of DRFM (Digital Radio Frequency Memory) market.

Apart from this, the increasing defense expenditure of developing countries like China, India & others and the increasing transnational disputes which leads to increasing usage of Military warfare equipment are also driving the growth of DRFM (Digital Radio Frequency Memory) market.

Challenges

The reduction in the defense expenditure of developed nations is the major factor which hinders the growth of DRFM (Digital Radio Frequency Memory) market.

“Mounting popularity of technological advancements in electronic warfare equipment in developed countries like United States & Germany and soaring defensive system expenditures in developing countries boost the demand for Digital Radio Frequency Memory.”

DRFM (Digital Radio Frequency Memory): Competition Landscape

Some key players in the digital radio frequency memory (DRFM) market are Mercury Systems, Airbus Group, Northrop Grumman Corporation, BAE Systems Plc, Leonardo SPA, Curtiss-Wright Corporation, Israel Aerospace Industries, and others. The key development in the Digital Radio Frequency Memory (DRFM) market is as follows:

  • In November 2021, Mercury Systems has launched the JTS0100. It has up to four independent channels, advanced DRFM (digital radio frequency memory), and can be set up in less than an hour to create a complete training solution.
  • A Danish F-16 conducted a series of flight demonstrations of the Leonardo Compact Jamming System (CJS) integrated into Terma's ECIPS-pylon in late October 2021. The two companies are now ready to offer potential customers an integrated solution.

DRFM (Digital Radio Frequency Memory): Regional Overview

On geographic basis, North America will be the largest market for DRFM (Digital Radio Frequency Memory) due to rapid adoption of advanced technologies defense segment. APAC market will be the fastest growing DRFM (Digital Radio Frequency Memory) market due to the presence of various key players with increasing spending on defense such as China, India, Japan, and South Korea. Europe and Latin America also offers potential growth opportunities in DRFM (Digital Radio Frequency Memory) market due the rise in cognitive electronic warfare technology.

For More Info - https://www.futuremarketinsights.com/reports/drfm-digital-radio-frequency-memory-market

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