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Digital Radio Frequency Memory Market is on Rise,Watch Out Latest Trends and Issues Globally!
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The global digital radio frequency memory market can be classified based on platform, application and architecture and region. By platform, the global digital radio frequency memory market is classified into defense, commercial and civil. Depending upon application, it is segmented into electronic warfare, radar test and evaluation, and electronic warfare training. Based on architecture, the global digital radio frequency memory market is segmented into converter, processor, modulator, memory.
The global digital radio frequency memory market is forecasted to experience high growth in the future. Factors such as advancements in military technology have resulted in the expansion of superior air defense systems. These defense systems have posed a grave challenge for airborne units functioning in enemy airspace resulting in extensive damage, unit’s attrition and loss of personnel. Electronic warfare technologies are bent on decreasing the instances of detection by enemy radars and providing the necessary time to avoid them.
Based on regions, the global digital radio frequency memory market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the digital radio frequency memory market during the forecast period. The defense forces in North America are increasingly financing the expansion of technologically advanced DRFM systems. The most reputed and prominent DRFM manufacturers present in this region include Northrop Grumman Corporation (U.S.) and BAE Systems plc (U.K.). However, decrease in the defense expenditure in developed nations and prohibition on the usage of jammers for civilian application are the major factors hampering the Digital Radio Frequency Memory market growth during the forecast period.
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The major companies that provide digital radio frequency memory technology include Airbus Group, Northrop Grumman Corporation, Thales Group, Raytheon Company and BAE Systems plc among others.
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