PUBLISHER: TechNavio | PRODUCT CODE: 1584000
PUBLISHER: TechNavio | PRODUCT CODE: 1584000
DRFM Market 2024-2028
The DRFM market is forecasted to grow by USD 480.5 mn during 2023-2028, accelerating at a CAGR of 5.09% during the forecast period. The 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 advent of cognitive electronic warfare technology.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.75% |
CAGR | 5.09% |
Incremental Value | $480.5 mn |
Technavio's DRFM market is segmented as below:
By Application
By Component
By Geographical Landscape
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, increasing development of DRFM-based jammers for UAV applications and development of advanced electronic warfare systems to detect and counter complicated sensors will lead to sizable demand in the market.
The report on the DRFM market covers the following areas:
The 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 Corp., Qorvo Inc., Rapid Mobile Pty Ltd., Rohde and Schwarz GmbH and Co. KG, Thales Group, TUALCOM ELEKTRONIK AS, Unistring Tech Solutions Pvt. Ltd, and Yole Developpement SA. 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.
The publisher 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. The 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.
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