What is Digital Radio Frequency Market?
Digital radio can be used to broadcast on a wide number of frequencies. The digital radio frequency is both terrestrial and satellite allocations for Digital Audio Broadcasting (DAB). DAB has main frequencies where it is being deployed are within the Band III (Band 3) frequencies. Digital radio is the deployment of digital technology to transmit or receive across the radio spectrum. Further, owing to the technological upgradation in military radars and the advent of cognitive electronic warfare market is expected to foster in the forecast period.
The market study is being classified by Type (Civil, Commercial and Defense), by Application (Electronic Warfare Training, Electronic Warfare, Radar Test & Evaluation and Radio & Cellular Network Jamming) and major geographies with country level break-up. According to AMA, the Global Digital Radio Frequency market is expected to see growth rate of 12.14% and may see market size of USD1450.28 Million by 2026.
Airbus (Netherlands), Raytheon Company (United States), BAE Systems (United Kingdom), Rohde & Schwarz (Germany), Elbit Systems (Israel), Thales Group (France), Curtiss Wright (United States), Israel Aerospace Industries (Israel), Northrop Grumman (United States) and Leonardo (Italy) are some of the key players profiled in the study.
Segment Analysis
Analyst at AMA have segmented the market study of Global Digital Radio Frequency market by Type, Application and Region.
On the basis of geography, the market of Digital Radio Frequency 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Elevated use of Unmanned Aerial Vehicles and Technological Upgradation in Warfare Equipment
- Upsurge in DRF among Jammers in Ships
Market Trend
- Increased Adoption of Military Electronic Warfare Systems
Restraints
- Reduction in Investment on Defense Equipment May Hamper the Market Growth
Opportunities
- Development of DRF Jammers for the Deployment of UAV Application is providing a Significant Opportunity to the Manufacturers.
Challenges
- Limited Defense Budget in Developing Countries is posing a Challenge for the market
August 2019, China National Radio (CNR) has been doing extensive DRM domestic tests on 6030 kHz.The schedule is 2025-1805 UTC. In the test period, at the moment open-ended, the normal AM CNR transmission on 6030 kHz will be shut down. In the near future, CNR may undertake more and more test DRM transmissions.
February 2018, The Telecom Regulatory Authority of India has released its recommendation on “Issues related to Digital Radio Broadcasting in India”. Key recommendation is Government to notify the policy framework for digital radio broadcasting in India in time bound manner with a clear roadmap for the rollout of digital radio broadcasting services
Key Target Audience
Digital Radio Frequency Manufacturers, Digital Radio Frequency Traders/Suppliers & Distributors, Industry Association, Downstream Vendors, Marketing & Consulting firms, Venture Capitalists and Government & Regulatory Bodies