Aerospace & Defense Telemetry Market Forecasts to 2028 – Global Analysis By Type (Radio and Satellite), Equipment System (Data Acquisition Unit, Telemetry Transmitters and Others), Component, Application, End User and By Geography
According to Stratistics MRC, the Global Aerospace & Defense Telemetry Market is accounted for $18.85 billion in 2020 and is expected to reach $25.20 billion by 2028 growing at a CAGR of 3.7% during the forecast period. Some of the factors such as growing demand for the allocation of telemetry spectrum and rise in asymmetric warfare are propelling the market growth. However, defense budget cuts are hindering market growth.
Telemetry is the automated process of collection and measurement of data that is received from inaccessible, remote, and difficult reach points. It can be attained by means of wireless modes such as by using infrared waves, radio waves, and ultrasonic waves, or by wired modes such as optical links and telephone networks.
Based on the type, the satellite segment holds the largest share in the market. These systems assist in monitoring the data, which has been collected from onboard instrumentation over an RF link. Real-time data, as well as analysis of the data, has been proved to be essential for the safety of the test pilots, and this requires a reliable high throughput link.
By geography, North America holds the largest share in the market due to a consistent surge in satellite demand and high investment in the military & space sectors. Also, the technological advancement in the defence system is immense in North America.
Some of the key players profiled in the Aerospace & Defense Telemetry Market include AstroNova, Inc, BAE Systems, Cobham, Curtiss-Wright Corporation, Dassault Aviation, Dassault Systèmes SE, Finmeccanica, Honeywell International Inc., Kongsberg Gruppen AS, L3 Communications Holdings Inc., Leonardo SpA, MTS Systems Corporation, Orbit Technologies Ltd, Safran SA, and Zodiac Aerospace.
Equipment Systems Covered:
• Data Acquisition Unit
• Flight Termination Receivers
• Telemetry Transmitters
• Control Device
• Unmanned Aerial Vehicles (UAVs)
• Missiles and Guided Weapons
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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