What is Direction Finder Market?
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.
The market study is being classified by Type (Scanning Direction Finders, Digital Direction Finders, Portable Direction Finders, Compact Direction Finders and Traffic Control Direction Finders), by Application (Search and Rescue, Vessel Traffic Service, Air Traffic and Others) and major geographies with country level break-up.
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 profiled in the study. Additionally, the Players which are also part of the research are TCN (Albania) and Gables Engineering Inc. (United States).
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 predicts that United States Players will contribute to the maximum growth of Global Direction Finder market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Direction Finder market by Type, Application and Region.
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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Benefits such as High-Performance Spectrum Monitoring
- Technological Advancements in Direction Finders
Market Trend
- Robust Increase in the Distribution Channels
Restraints
- Susceptibility to Electrical Disturbances
Opportunities
- Growth in the Aerospace Industry Worldwide
- Increasing Demand from End-user Industry
Challenges
- Slow Down of the World Economy
Key Target Audience
Direction Finder Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
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