Global DRFM Market 2023-2027
Technavio has been monitoring the DRFM market and is forecast to grow by $559.21 mn during 2022-2027, accelerating at a CAGR of 6.07% during the forecast period. Our report on the DRFM market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advancements in military radars, increasing transnational disputes, and the advent of cognitive electronic warfare technology.
Technavio's DRFM market is segmented as below:
By Application
- Electronic warfare
- Radar test and evaluation
- Electronic warfare training
- Radio and cellular network jamming
By Component
- Processor
- Modulator
- Convertor
- Memory
- Others
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the development of EW capabilities in civil aviation as one of the prime reasons driving the DRFM market growth during the next few years. Also, the increasing development of DRFM-based jammers for UAV applications and the development of advanced electronic warfare systems to detect and counter complicated sensors will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the DRFM market covers the following areas:
- DRFM market sizing
- DRFM market forecast
- DRFM market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading DRFM market vendors that include Alliance Memory Inc., Ampleon Netherlands BV, Analog Devices Inc., BAE Systems Plc, Broadcom Inc., Curtiss Wright Corp., Elbit Systems Ltd., FUJIFILM Corp., Invelco SA, Israel Aerospace Industries Ltd., Leonardo Spa, Mercury Systems Inc., Northrop Grumman Systems Corp., Qorvo Inc., Rapid Mobile Pty Ltd., Thales, TUALCOM ELEKTRONIK AS, Unistring Tech Solutions Pvt. Ltd, Yole Group, and Rohde and Schwarz GmbH and Co. KG. Also, the DRFM market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.