Stratview Research delivers key insights on the Digital Radio Frequency Memory (DRFM) market in its latest report titled Digital Radio Frequency Memory (DRFM) 2022 - 2028. According to the report, the global Digital Radio Frequency Memory (DRFM) market is anticipated to expand at a CAGR of 4.6% in terms of value during the forecast period due to various factors.

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It is the most comprehensive report available on this market and will help users gain a global outlook as it covers 360degree Digital Radio Frequency Memory (DRFM) Market shares, detailed analysis of growth rate among various segments including demand -supply scenario, etc. The regional and country segmentations give in-depth analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.

Impact of COVID-19 on Digital Radio Frequency Memory (DRFM) Market

With COVID-19, the world is battling a health pandemic as well as an economic pandemic, virtually affecting trillions of dollars of incomes. Stratview Research brings to you high level insights and in-depth details related to rapid modifications in top companies in each sector, growth and decline due to COVID-19, etc. The analysts at Stratview Research are constantly engaging with their clients and other key players of almost all the industries, regarding the impact of COVID-19 on their businesses.

Key players

Some of the major players operating in the global Digital Radio Frequency Memory (DRFM) market are-

Airbus Group

Bae Systems PLC

Curtiss-Wright Corporation

Elbit Systems Ltd.

Thales Group

The Raytheon Company

Israel Aerospace Industries

Leonardo S.P.A

Northrop Grumman Corporation.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Digital Radio Frequency Memory (DRFM) Market value and growth drivers over the trend period of 2022-27. According to the report -

Digital Radio Frequency Memory (DRFM) Market is likely to witness an impressive CAGR of 14.2% during the forecast period. Progressions in military technology have surged the development of unsurpassed air defense systems, which have posed a grave challenge for airborne units operating in enemy airspace causing severe damage, attrition of units, and loss of personnel. Electronic warfare technologies are accentuated on mitigating the instances of detection by enemy radars and providing the necessary time to evade them. All these factors are significantly contributing to the growth of the global digital radio frequency memory market.

Segment Analysis:

Based on Platform Type:

Based on the platform type, the market is segmented as defense and commercial & civil. The defense segment comprises air, naval, land, and unmanned platforms. Naval DRFM systems are mostly employed for Electronic Support Measures (ESM). Giant players engaged in the manufacturing of naval DRFM systems deliver a wide range of Naval Laser Warning (NLW) systems, and ESM and ELINT systems for submarine and surface vessels. These naval DRFM systems render capabilities for early detection, analysis, threat warning, and protection from Anti-Ship Cruise Missiles (ASCMs).

Based on Region:

In terms of regions, North America accounted for the largest share of the global DRFM market in 2018. The market is driven by the increasing investments made by the defense forces in the region for the development of technologically-advanced DRFM systems. Giant manufactures, such as Northrop Grumman Corporation (U.S.) and BAE Systems plc (U.K.) are among the well-renowned and prominent DRFM manufacturers in this region, who are estimated to drive the market during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.

 

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Critical Questions Answered in the Report

  • What are the key trends in the global Digital Radio Frequency Memory (DRFM) market?
  • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
  • What is the impact of COVID-19 on global Digital Radio Frequency Memory (DRFM) market?
  • What are the key strategies adopted by the major vendors to lead in the global Digital Radio Frequency Memory (DRFM) market?
  • What is the market share of the top vendors?

 

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