The global digital radio frequency memory (DRFM) market is expected to accumulate US$ 1,091.45 million in value by 2023-end. During the forecast period ranging from 2023 to 2033, a CAGR worth 11.1% has been projected for the market, with an expected closing value worth US$ 3,127.11 million.
The mounting popularity of technological advancements in electronic warfare equipment in developed countries like the United States & Germany and soaring defensive system expenditures in developing countries boost the demand for Digital Radio Frequency Memory.
Today, digital radio frequency memory (DRFM) is now at the heart of the majority of electronic jamming systems. Electronic systems based on DRFM are frequently installed in various defensive system platforms such as ground-based military units, navy ships, and others, thus again fueling the growth of the DRFM market.
| Data Points | Key Statistics |
|---|---|
| Global Digital Radio Frequency Memory (DRFM)Market CAGR (2023 to 2033) | 11.1% |
| Anticipated Market Value (2023) | US$ 1,091.45 million |
| Global Digital Radio Frequency Memory (DRFM)Market (2033) | US$ 3,127.11 million |
The massive increase in airborne electronic warfare systems and technological advancement in Military Radars are significant factors driving the growth of the DRFM market. The need to develop DRFM-based jammers for Unmanned Aerial vehicles (UAV) or Drone applications and advanced electronic warfare systems to detect and counter complicated sensors is also spurring the DRFM market forward.
The DRFM (Digital Radio Frequency Memory) technique uses high-speed sampling and digital memory to store frequency and microwave signals. The DRFM technique is becoming incredibly popular for integrating false-target Electronic Attack systems, propelling the DRFM market forward. Furthermore, the initiation of Cognitive Electronic warfare technology is a driving force in the development of the DRFM market.
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The global demand for digital radio frequency memory (DRFM) is projected to increase at a CAGR of 12.7% during the forecast period between 2023 and 2033, reaching a total of US$ 3,127.11 million in 2033, according to a report from Future Market Insights (FMI).
The primary factors driving the growth of the digital radio frequency memory market are technological advancements in electronic combat equipment and an increase in the need to update existing platforms.
Another factor supporting market expansion is the rising usage of DRFM jammers in the navy and aeroplanes for defense against enemy tracking based on radar. As transnational disputes increase, the defense sector in several regions is increasing investments to develop their defense system, driving the digital radio frequency memory market.
Technological Developments in Electronic Warfare Equipment to Drive Market Growth
Technological developments in electronic warfare equipment, as well as the necessity to replace existing platforms, are important drivers driving the growth of the DRFM market.
One of the reasons supporting the growth of the DRFM market is the rising usage of DRFM jammers in aircraft, naval, and other organizations for defense against enemy radar-based monitoring.
Aside from that, rising defense system expenditures in emerging nations such as China, India, and others, as well as an increase in transnational conflicts, which leads to higher usage of military combat equipment, are propelling the DRFM market forward.
For instance, China declared its annual defense budget of RMB 1.45 trillion (roughly $229.6 billion) in March 2022, a 7.1% increase over the RMB 1.36 trillion ($209.2 billion) proposed in 2021. China boosted its defense spending by 6.6% in 2020, to 1.27 trillion yuan (US$178 billion). Given China's military modernization ambitions, this rise in investment follows the pattern of rising spending on equipment procurement.
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The Decline in Military Budgets to Hinder Market Growth
The primary factors impeding the growth of the global digital radio frequency memory market include the decline in rich nations' military budgets.
Growing Investments in DRFM Systems Creating Opportunities for Digital Radio Frequency Memory (DRFM) Providers
In the previous decade, North America held the largest share of the DRFM market. North American defense forces are increasingly investing in the development of advanced technological DRFM systems. Northrop Grumman Corporation (USA) is one of the region's most well-known and prominent DRFM manufacturers. The Digital Radio Frequency Memory DRFM) market in the United States is estimated at US$ 285 million in the year 2021. Among the other notable geographic markets is Canada, which is expected to grow at a 9.7% annual rate during the analysis period.
Northrop Grumman Corporation (USA) is a well-known and major DRFM maker in the region. The Digital Radio Frequency Memory (DRFM) industry in the United States is expected to be worth $285 million by 2021. Canada, one of the other significant geographic markets, is predicted to increase at a 9.7% annual pace throughout the analyzed period.
Raytheon Firm (US) is a multinational defense company that provides solutions for defense, civil government, and cybersecurity. The business controlled 13.5% of the Digital Radio Frequency Memory (DRFM) (DRFM) market in 2015. The firm has obtained a big number of government contracts and is creating new goods as part of its major strategy.
The United States has boosted financing for improved and updated boats, equipment, deadly and electronic warfare, and other military operations. According to the Stockholm International Peace Research Institute (SIPRI), the United States boosted its military budget in 2020 over 2019. These elements are driving up market demand. North America is the second-largest region, with a 29.3% market share in lidding films in 2022.
Improvements in Cognitive Electronic Warfare Technologies Fuelling Rapid Adoption
Europe provides prospective development prospects in the digital radio frequency memory market due to improvements in cognitive electronic warfare technologies. Within Europe, Germany is predicted to increase at an 8.3% CAGR. The most well-known and important DRFM maker in this region is BAE Systems plc.
The Army is equipping forces in Europe and the Pacific with modern electronic warfare technology. The US military had finished shipping intermediate equipment to troops in Europe just before the Coronavirus pandemic. Similar attempts were made in the fiscal year 2021. All of these factors are boosting the European DRFM Market.
Europe is predicted to lead the digital radio frequency memory (DRFM) market since current sophisticated technology is linked with industry demands. Europe is estimated to account for 25.6% of the market in 2023, according to Future Market Insights.
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The Electronic Protection of Platforms Segment to be the Most Prominent Application in the Digital Radio Frequency Memory (DRFM) Market
The Digital Radio Frequency Memory (DRFM) market has been categorized into electronic protection of platforms, wideband receivers, IFMs, cross-eye jamming, and communication system jamming among others, based on application. The electronic protection of platforms application sector dominates the DRFM market.
Both aviation and naval vessels have electronic protection of platforms deployed. Control over the electromagnetic spectrum is used in electronic warfare to impair adversary electronic systems. The use of DRFM devices in communication system jamming has enhanced the capabilities of electronic warfare technology. The DRFM devices may store and change signals before broadcasting them to the adversary radar. To fool the adversary radar, these systems employ numerous deception tactics such as repeated false target creation, range gate pull-off, and velocity gate pull-off, among others.
DRFM-based systems are also utilized for Signals Intelligence (SIGINT) and Communications Intelligence (COMINT) operations to capture hostile planes, ships, and other units' electromagnetic signatures. These electromagnetic signatures reveal information on the capabilities of hostile ships as well as the sorts of electronic equipment in use. Thus, by application, the electronic protection of platforms segment is expected to grow at a 12.3% CAGR for the Digital Radio Frequency Memory (DRFM) market in the sales indicator period 2023 to 2033.
The Processor Segment is the Leading Segment in the Digital Radio Frequency Memory (DRFM) systems
On the basis of architecture, the Digital Radio Frequency Memory (DRFM) market has been categorized into processor, modulator, converter, memory, and others. The digital waveform of the incoming radar signal is stored in the memory.
This signal is processed by DRFM before being relayed back to the target radar for deception jamming. The processor category accounted for the greatest proportion of the DRFM market in terms of architecture in 2021.
The increased number of start-ups in the Digital Radio Frequency Memory (DRFM) industry has improved product quality and increased global sales. Furthermore, in order to acquire a competitive edge, new start-ups are focusing on revolutionary advancements and delivering items such as:
Mercury Systems, Airbus Group, Northrop Grumman Corporation, BAE Systems Plc, Leonardo SPA, Curtiss-Wright Corporation, Israel Aerospace Industries, and others are among the leading competitors in the digital radio frequency memory (DRFM) industry. The following are the significant developments in the Digital Radio Frequency Memory (DRFM) market:
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 11.1% from 2023 to 2033 |
| Market Value in 2023 | US$ 1,091.45 million |
| Market Value in 2033 | US$ 3,127.11 million |
| Base Year for Estimation | 2022 |
| Historical Period | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The projected revenue of the market by 2033 is US$ 3,127.11 million.
The market CAGR for 2033 is projected to be 12.1%.
Airbus Group, Bae Systems PLC, and Curtiss-Wright Corporation are the key market players.
The market is estimated to secure a valuation of US$ 1,091.45 million in 2023.
North America is growing fast due to the increasing demand for DRFM systems in defense applications.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033 5.3.1. Electronic Protection of Platforms 5.3.2. Wideband Receivers 5.3.3. IFMs 5.3.4. Cross-Eye Jamming 5.3.5. Communication System Jamming 5.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Architecture 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Architecture, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Architecture, 2023 to 2033 6.3.1. Memory Processor 6.3.2. Memory Modulator 6.3.3. Memory Converter 6.3.4. Other 6.4. Y-o-Y Growth Trend Analysis By Architecture, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Architecture, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022 7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 8.2.1. By Country 8.2.1.1. The USA 8.2.1.2. Canada 8.2.2. By Application 8.2.3. By Architecture 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Application 8.3.3. By Architecture 8.4. Key Takeaways 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Application 9.2.3. By Architecture 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Application 9.3.3. By Architecture 9.4. Key Takeaways 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. United Kingdom 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Application 10.2.3. By Architecture 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Application 10.3.3. By Architecture 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Application 11.2.3. By Architecture 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Application 11.3.3. By Architecture 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Application 12.2.3. By Architecture 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Application 12.3.3. By Architecture 12.4. Key Takeaways 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Application 13.2.3. By Architecture 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Application 13.3.3. By Architecture 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Application 14.2.3. By Architecture 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Application 14.3.3. By Architecture 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2022 15.1.2.1. By Application 15.1.2.2. By Architecture 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2022 15.2.2.1. By Application 15.2.2.2. By Architecture 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2022 15.3.2.1. By Application 15.3.2.2. By Architecture 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2022 15.4.2.1. By Application 15.4.2.2. By Architecture 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2022 15.5.2.1. By Application 15.5.2.2. By Architecture 15.6. United Kingdom 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2022 15.6.2.1. By Application 15.6.2.2. By Architecture 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2022 15.7.2.1. By Application 15.7.2.2. By Architecture 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2022 15.8.2.1. By Application 15.8.2.2. By Architecture 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2022 15.9.2.1. By Application 15.9.2.2. By Architecture 15.10. Poland 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2022 15.10.2.1. By Application 15.10.2.2. By Architecture 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2022 15.11.2.1. By Application 15.11.2.2. By Architecture 15.12. Czech Republic 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2022 15.12.2.1. By Application 15.12.2.2. By Architecture 15.13. Romania 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2022 15.13.2.1. By Application 15.13.2.2. By Architecture 15.14. India 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2022 15.14.2.1. By Application 15.14.2.2. By Architecture 15.15. Bangladesh 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2022 15.15.2.1. By Application 15.15.2.2. By Architecture 15.16. Australia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2022 15.16.2.1. By Application 15.16.2.2. By Architecture 15.17. New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2022 15.17.2.1. By Application 15.17.2.2. By Architecture 15.18. China 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2022 15.18.2.1. By Application 15.18.2.2. By Architecture 15.19. Japan 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2022 15.19.2.1. By Application 15.19.2.2. By Architecture 15.20. South Korea 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2022 15.20.2.1. By Application 15.20.2.2. By Architecture 15.21. GCC Countries 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2022 15.21.2.1. By Application 15.21.2.2. By Architecture 15.22. South Africa 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2022 15.22.2.1. By Application 15.22.2.2. By Architecture 15.23. Israel 15.23.1. Pricing Analysis 15.23.2. Market Share Analysis, 2022 15.23.2.1. By Application 15.23.2.2. By Architecture 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Application 16.3.3. By Architecture 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Mercury Systems 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.2. Airbus Group 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.3. Northrop Grumman Corporation 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.4. BAE Systems Plc. 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.5. Curtiss-Wright Corporation 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.6. Israel Aerospace Industries 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.7. Leonardo SPA 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.8. Raytheon Company 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.9. Rohde & Schwarz 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.10. Elbit Systems Ltd. 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.11. Thales Group 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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Digital Radio Frequency Memory (DRFM) Market
