Quick Summary:
As the business world continues to evolve, so too must the tools and data that inform strategic decision-making. In today's fast-paced, technologically complex environment, our in-depth and comprehensive analysis of the Digital Radio Frequency Memory (DRFM) market is vital. This dynamic sector is projected to grow to a total market value of US$3.1 Billion by 2030, underlining its increasing influence on a global scale.
Our report dives deeper than the headline numbers. Specifically, it delves into crucial segments such as Defense and Commercial & Civil, assessing their growth trajectory and potential. Additionally, it offers a detailed geographical analysis, highlighting key regions like the US and China, where DRFM markets are emerging and evolving rapidly. Investments in this sector cannot be made without the type of comprehensive, insightful and analytical detail we provide. Make informed decisions based on the most current data and analysis, available exclusively in our report.
Global Digital Radio Frequency Memory (DRFM) Market to Reach $3.1 Billion by 2030
The global market for Digital Radio Frequency Memory (DRFM) estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$3.1 Billion by 2030, growing at a CAGR of 11.5% over the analysis period 2022-2030. Defense, one of the segments analyzed in the report, is projected to record 11.6% CAGR and reach US$2.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Commercial & Civil segment is readjusted to a revised 11% CAGR for the next 8-year period.
The U.S. Market is Estimated at $392.8 Million, While China is Forecast to Grow at 11% CAGR
The Digital Radio Frequency Memory (DRFM) market in the U.S. is estimated at US$392.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$542.1 Million by the year 2030 trailing a CAGR of 11% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 9.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.3% CAGR.Select Competitors (Total 38 Featured) -
- Airbus Group
- BAE Systems PLC
- Curtiss-Wright Corporation
- Elbit Systems Ltd.
- Israel Aerospace Industries (IAI)
- Leonardo SpA
- Northrop Grumman Corporation
- Raytheon Company
- Rohde & Schwarz GmbH & Co. KG
- Thales Group
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Digital Radio Frequency Memory (DRFM)?
What is the growth rate of the Global Market for Digital Radio Frequency Memory (DRFM)?
What is the forecasted size of the Global Market for Digital Radio Frequency Memory (DRFM)?
Who are the key companies in the Global Market for Digital Radio Frequency Memory (DRFM)?
| Report Attribute | Details |
|---|---|
| No. of Pages | 192 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.3 Billion |
| Forecasted Market Value ( USD | $ 3.1 Billion |
| Compound Annual Growth Rate | 11.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Airbus Group
- BAE Systems PLC
- Curtiss-Wright Corporation
- Elbit Systems Ltd.
- Israel Aerospace Industries (IAI)
- Leonardo SpA
- Northrop Grumman Corporation
- Raytheon Company
- Rohde & Schwarz GmbH & Co. KG
- Thales Group
