Digital Radio Frequency Memory Market estimated to be worth 1,222.2 Million USD by 2022

The Digital Radio Frequency Memory (DRFM) market is projected to grow from USD 613.9 Million in 2016 to USD 1,222.2 Million by 2022, at a CAGR of 12.16% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022.

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Objectives of the Study:

The report analyzes 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 (defense and commercial & civil), and architecture (processor, modulator, converter, memory, and others), as well as maps these segments and subsegments across major regions worldwide, namely, North America, Europe, Asia-Pacific, and rest of the world.

The report provides in-depth market intelligence regarding the Digital Radio Frequency Memory (DRFM) market dynamics and major factors that influence the growth of the market such as drivers, restraints, opportunities, and industry-specific challenges, along with an analysis of micromarkets with respect to individual growth trends, future prospects, and their contribution to the DRFM market.

The report also covers competitive developments such as long-term contracts, joint ventures, mergers, new product launches and developments, and research & development activities in the Digital Radio Frequency Memory (DRFM) market, in addition to business and corporate strategies adopted by key players.

The ecosystem of the Digital Radio Frequency Memory (DRFM) market comprises manufacturers, distributors, and end users. Key end users of digital radio frequency memory systems are the defense and commercial & civil sectors. Major DRFM system providers that include Airbus Group (France), Northrop Grumman Corporation (U.S.), Raytheon Company (U.S.), BAE Systems plc (U.K.), Elbit Systems Ltd. (Israel), Thales Group (France), Leonardo S.p.A. (Italy), Curtiss-Wright Corporation (U.S.), Israel Aerospace Industries (Israel), and Rohde & Schwarz (Germany) are offering advanced technology systems, products, and services. 

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These players are adopting strategies such as agreements & partnerships, new product developments, contracts, and business expansions to strengthen their positions in the Digital Radio Frequency Memory (DRFM) market.

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