Aerospace and Defense Telemetry Market Key Players

The key players in aerospace and defense telemetry market are BAE Systems plc (UK), Cobham plc (UK), Curtiss-Wright Corporation (US), Dassault Systèmes SE (France), Honeywell International Inc. (US), Kongsberg Gruppen AS (Norway), L3 Technologies Inc. (US), Leonardo SpA (Italy), Orbit Technologies Ltd. (Israel), and Safran SA (France).

Aerospace and Defense Telemetry Market – Overview

According to a recent study report published by the Market Research Future, the global market of Aerospace and Defense Telemetry will grow at a steady pace over the forecast period. The market is forecasted to witness slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2018 -2023).

global aerospace and defense telemetry market is highly competitive. There exists strong rivalry and competition among existing vendors; in terms of cost, product quality, reliability, and market share. To survive and succeed in such an intensely competitive environment, it is crucial for the vendors to provide cost effective and high-quality products and services. The key vendors in the global aerospace and defense telemetry market are BAE Systems, Cobham, Honeywell International, L-3 Communications, and Safran.

Telemetry systems are critical for the aerospace and defense applications and the telemetry market has grown along with the growth in aerospace activities. The application of aerospace telemetry dates to 1930's, when the technology was mainly used for measuring meteorological data such as the barometric pressure, temperature and humidity. Today, these are used for various segments of civil, commercial, government and military applications, ranging from scientific purposes, satellite telemetry to utilization in UAVs and various other military and defense applications.

Aerospace and Defense Telemetry Market Segmentation

The global aerospace and defense telemetry market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Equipment: Data Acquisition Unit, Telemetry Transmitters, Flight Termination Receivers, and Other Equipment

Segmentation by Application: Aircraft, Spacecraft, UAVs, and Missiles, Guided Weapons & Others

Segmentation by Region: North America, Europe, Asia-Pacific and Rest of the World

 

The aerospace research, development and production activities have grown in recent times. The civil, commercial as well as the military related research organizations are designing and developing control systems for the aerospace systems, test launch control systems, precision guidance systems, satellite components, communications systems, and others. All such R&D activities have helped the growth of the aerospace industry as well as the telemetry market, as telemetry is an integral and important part of the aerospace industry.

Aerospace and Defense Telemetry Market Regional Analysis

The Asia Pacific region is currently behind the North American and the European regions, in terms of aerospace and defense telemetry market, however, it has the highest growth rate among the regions. This has been supported by the rising demand for aerospace and defense applications in the APAC region. The APAC region is already one the major markets worldwide for various aerospace segments and has a growing military strength.

Country such as China, Japan, and India currently lead the aerospace and defense telemetry market in the APAC region and promise for a healthy growth in the future as well. Other countries such as Indonesia, Malaysia, Taiwan and Thailand are also the emerging market for aerospace and defense telemetry systems, and the overall market in the APAC is thus expected to grow rapidly during the forecast period.

Aerospace and Defense Telemetry Market Report by Equipment (Data Acquisition Unit, Telemetry Transmitters, Flight Termination Receivers, and Other Equipment), by Application (Aircraft, Spacecraft, UAVs, and Others), and by Region – Forecast to 2023, Aerospace and Defense Telemetry industry analysis with size, share, global analysis  by 2023 @ https://www.marketresearchfuture.com/reports/aerospace-defense-telemetry-market-1398