Direction Finder Market Scope
The direction finder, also known as the radio direction finder, is a radio receiver and antenna system by means of which the direction of a radio transmitting station may be determined. It can be used as a navigational aid in aircraft or ships. The factors such as Technological Advancements in Direction Finders and High Benefits such as High-Performance Spectrum Monitoring are the key driving factors for the global direction finder market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Collins Aerospace (United States), Rohde & Schwarz GmbH & Co KG (Germany), RHOTHETA Elektronik GmbH (Germany), GEW Technologies (Pty) Ltd (South Africa), Thales Group (France), Wärtsilä (Finland), Xeos Technologies Inc. (Canada), SKIPPER Electronics AS (Norway), Koden Electronics Co., Ltd. (Japan) and Doppler Systems, LLC (United States) |
CAGR | % |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Direction Finder market throughout the predicted period.
Collins Aerospace (United States), Rohde & Schwarz GmbH & Co KG (Germany), RHOTHETA Elektronik GmbH (Germany), GEW Technologies (Pty) Ltd (South Africa), Thales Group (France), Wärtsilä (Finland), Xeos Technologies Inc. (Canada), SKIPPER Electronics AS (Norway), Koden Electronics Co., Ltd. (Japan) and Doppler Systems, LLC (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are TCN (Albania) and Gables Engineering Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Direction Finder market by Type , by Application (Search and Rescue, Vessel Traffic Service, Air Traffic and Others) and Region with country level break-up.
On the basis of geography, the market of Direction Finder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In August 2021, SPX Corporation completed the acquisition of Enterprise Control Systems Ltd. ECS is a leader in the design and manufacture of highly engineered tactical data links and Radio Frequency (RF) countermeasures, including counter-drone and counter-IED RF jammers.
In June 2022, Rohde & Schwarz GmbH & Co, announced the launch of the high-performance R&S ADD597 direction finding and monitoring antenna system. It is a key element in fixed, mobile and transportable spectrum monitoring stations.
Influencing Trend:
Robust Increase in the Distribution Channels
Market Growth Drivers:
High Benefits such as High-Performance Spectrum Monitoring and Technological Advancements in Direction Finders
Challenges:
Slow Down of the World Economy
Restraints:
Susceptibility to Electrical Disturbances
Opportunities:
Growth in the Aerospace Industry Worldwide and Increasing Demand from End-user Industry
Key Target Audience
Direction Finder Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users