Global digital radio frequency memory market was valued US$ 650.32 Mn in 2017 and is expected to reach US$ 1637.43 Mn by 2026, at a CAGR of 12.24% during a forecast period.
Global Digital Radio Frequency Memory Market by PlatformThe digital radio frequency memory is the electronic technique for safely catching and retransmitting the RF signal. The digital radio frequency memory is usually utilized in the jamming of radar, despite the fact that applications in cell communications are ending up more typical.
The technological developments that are made in the electronic combat equipment and the increase in the requirement to develop the existing platforms are driving factors of the global digital radio frequency memory market. Another factor that favors the growth of the market is the growing use of the digital radio frequency memory jammers in the navy and aircraft for the protection against the opponent tracking that is based on the radar. However, restricted defense budget in developing countries is some factors which hamper the growth of the global digital radio frequency memory market.
The electronic warfare segment accounted for the largest market share of the digital radio frequency memory market in 2017. Electronic warfare uses control over electromagnetic spectrum to disrupt enemy electronic systems. Improved usage of digital radio frequency memory jammers in aircraft, land vehicles and ships for protection against enemy radar-based tracking is one of the most significant factors fueling the growth of the electronic warfare segment.
The Processor is leading the market as it is responsible for the processing the signal received from the target radar. The processors used in digital radio frequency memory systems are also known as system-on-chip. The processors used in digital radio frequency memory systems offer several advantages such as faster operation, low power consumption etc.
North America is leading the global digital radio frequency memory market owing to increasing investment in the technological development related to the DRFM systems, increasing investment in the defense sector.
Some of the key players in the global digital radio frequency memory market are Airbus, Raytheon Company, BAE Systems, ROHDE & SCHWARZ, Elbit Systems Ltd., Thales Group, Curtiss-Wright Corporation, Israel Aerospace Industries Ltd., Northrop Grumman Corporation, and Leonardo - Societ per azioni.
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