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Aerospace telemetry systems are used for remote measurement and reporting of information. It has been observing a rise in military applications, which is projected to generate demand for the product over the next couple of years. A report offered by Market Research Future (MRFR) suggests that the global aerospace and defense telemetry market is expected to register 3% CAGR over the assessment period 2018 to 2023. The market is assessed to be on the verge of entering a phase of maturity in the years to come.Increasing external and internal threats to a nation is leading to rising military investments. This, in turn, is expected to drive the expansion of the aerospace and defense telemetry market in the forthcoming years. Increasing research & development for the introduction of advanced communication systems in the defense sector is also poised to catalyze market growth over the forecast period.
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Competitive Dashboard:
BAE Systems plc (UK), Curtiss-Wright Corporation (US), Cobham plc (UK), Dassault Systèmes SE (France), Kongsberg Gruppen AS (Norway), Honeywell International Inc. (US), L3 Technologies Inc. (US), Orbit Technologies Ltd. (Israel), Leonardo SpA (Italy), and Safran SA (France) are few of the important participants of the global aerospace and defense telemetry market. These players have been profiled in the share analysis of the market included in this MRFR report. Key areas of focus for the market players include technological innovations, product development, and regional expansion. These players are anticipated to leverage competitive pricing policies for gaining an edge over competitors. Growth strategies expected to be witnessed in the aerospace and defense telemetry market are mergers & acquisitions, agreements, partnerships, collaborations, etc.
Intended Audience
• Aerospace and Defense Telemetry Solution Providers
• Component Providers
• Defense Organizations
• Research Institutions
• Regulatory Bodies
Market Segmentation:
On the basis of equipment, the global aerospace and defense telemetry market have been segmented into flight termination receivers, telemetry transmitters, data acquisition unit, and other equipment. Among these, the data acquisition unit segment held the largest share of the global market in 2017. It is anticipated to retain its control over a substantial share of the market through the assessment period.
On the basis of application, the aerospace and defense telemetry market has been segmented into aircraft, spacecraft, UAVs, and others. The aircraft segment held the dominant share of the global market in 2017 and is poised to maintain its prominence over the next couple of years.
Regional Analysis:
This MRFR report offers an exhaustive geographical assessment of the global aerospace and defense telemetry market on both regional and country-level basis. The key regional segments profiled in this MRFR report are Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). North America, among these, is assessed to lead the growth of the market in 2017. It is expected to maintain its firm standing at the forefront position over the next couple of years backed by the expansion of the key players based out of the region such as Honeywell, L3 Technologies, etc. The early adoption of innovative technologies observed in the region is anticipated to boost the growth pattern of the aerospace and defense telemetry market in the region over the next couple of years. Also, rising expenditures in upgrading defense technologies are likely to impact the expansion of the market favorably in the forthcoming years. An upsurge in demand for telemetry systems is expected to be witnessed in the region in the nearby future led by the U.S. It is the prime country-level market in region poised to contribute substantially to market development in the years to come. On the other hand, Canada also resonates strong potential and is anticipated to have a remarkable contribution to the revenue generated in the regional aerospace and defense telemetry market through the evaluation period.
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List of Tables
Table 1 Global Aerospace and Defense Telemetry Market, by Region, 2018–2023
Table 2 North America: Aerospace and Defense Telemetry Market, by Country, 2018–2023
Table 3 Europe: Aerospace and Defense Telemetry Market, by Country, 2018–2023
Table 4 Asia-pacific: Aerospace and Defense Telemetry Market, by Country, 2018–2023
Table 5 Rest of the World: Aerospace and Defense Telemetry Market, by Region, 2018–2023
Table 6 Global Aerospace and Defense Telemetry Equipment Market, by Region, 2018–2023
Table 7 North America: Aerospace and Defense Telemetry Equipment Market, by Country, 2018–2023
Table 8 Europe: Aerospace and Defense Telemetry Equipment Market, by Country, 2018–2023
Table 9 Asia-pacific: Aerospace and Defense Telemetry Equipment Market, by Country, 2018–2023
Table 10 Rest of the World: Aerospace and Defense Telemetry Equipment Market, by Region, 2018–2023
Continued......
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter's Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Aerospace and Defense Telemetry Market Share, by Equipment, 2017 (%)
Figure 9 Global Aerospace and Defense Telemetry Market, by Equipment, 2018–2023 (Usd Million)
Figure 10 Global Aerospace and Defense Telemetry Market Share, by Application, 2017 (%)
Continued.......
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Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune -411028, Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/aerospace-defense-telemetry-market-1398
Release ID: 88920338
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