Aerospace & Defense Telemetry Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Telemetry is an automated mode of communication that is generally used to measure data received from remote locations, which is inaccessible and difficult to reach. In other words, telemetry enables remote measurement and reporting of information and data. It can be via wired mode (telephone networks and optical links) or wireless mechanisms (radio, infrared and ultrasonic waves). In the case of aerospace and defense telemetry, it is generally the transmission of information from space (satellites, spacecraft) or defense systems to a ground control station on Earth or remote space vehicles with transmitting and receiving systems. Aerospace and defense telemetry is used in military and aerospace applications, such as space exploration, rocketry and flight tests etc. Growing defense budget around the world is expected to drive the global market for aerospace & defense telemetry market during forecast period.

MARKET DYNAMICS

The increasing demand for the allocation of telemetry spectrum and rise in asymmetric warfare around the world driving the growth of the aerospace & defense telemetry market. However, high initial and maintenance cost, and inadequate testing may restrain the growth of the aerospace & defense telemetry market. Further, more advancement in aerospace & defense telemetry such as real time data access and artificial intelligence is anticipated to create market opportunities for the aerospace & defense telemetry market during the forecast period.

MARKET SCOPE

The "Global Aerospace & Defense Telemetry Market Analysis to 2031" is a specialized and in-depth study of the aerospace & defense telemetry market with a special focus on the global market trend analysis. The report aims to provide an overview of aerospace & defense telemetry market with detailed market segmentation by type, equipment, application, and geography. The global aerospace & defense telemetry market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aerospace & defense telemetry market players and offers key trends and opportunities in the aerospace & defense telemetry market.

MARKET SEGMENTATION

The global aerospace & defense telemetry market is segmented on the basis of type, equipment and application. On the basis of type, market is segmented into the radio and satellite. On the basis of equipment, the market is segmented as data acquisition unit, telemetry transmitters, flight termination receivers, and others. Similarly, based on application, market is segmented into the aircraft, spacecraft, UAVs, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aerospace & defense telemetry market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aerospace & defense telemetry market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting aerospace & defense telemetry market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aerospace & defense telemetry market in these regions.

MARKET PLAYERS

The reports cover key developments in the aerospace & defense telemetry market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from aerospace & defense telemetry market are anticipated to lucrative growth opportunities in the future with the rising demand for aerospace & defense telemetry. Below mentioned is the list of few companies engaged in the aerospace & defense telemetry market.

The report also includes the profiles of key aerospace & defense telemetry market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   BAE Systems
  
•   Cobham Limited
  
•   Curtiss-Wright Corporation
  
•   Honeywell International Inc.
  
•   Kongsberg Gruppen ASA
  
•   L3Harris Technologies, Inc.
  
•   Lockheed Martin Corporation
  
•   Orbit Communications Systems Ltd.
  
•   Safran SA
  
•   Thales Group
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aerospace & Defense Telemetry Report Scope