Telemetry Market in Defense Industry : 2018 Size, Share, Trends, Regional Analysis By its Types (Radio & Satellite) and Key Companies Review

Global Aerospace and Defense Telemetry Market by Application (Comm’l Aerospace and Defense) and by Geography - Forecast To 2021

• Americas will remain the leader in A&D telemetry market, to grow at a CAGR of 1.5 to 2%

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Market Synopsis of Aerospace and Defense Telemetry Market

The Global Aerospace and Defence Telemetry Market is expected to grow at a CAGR of around 3% during 2016-2021. Factors driving the market are growing demand of radio and satellite based telemetry for military & defense application, investment in R&D to develop control & communications systems, and utilization of UAV for remote sensing.

As per the MRFR analysis, issues related to C-band telemetry, noise due to interference, errors caused due to non-uniformity, and ongoing budget cuts would affect the market growth during the forecast period.

Industry/ Innovation/ Related News:

November, 2017:- It was reported that Raytheon Company signed a contract worth USD 79 million, with the U.S. Navy, to develop a new advanced telemetry system for their new Range Support Aircraft.

November, 2017:- It was reported that Lockheed Martin signed a contract worth USD 44.1 million, with the U.S. Air Force, for the development of the telemetry kit to be used for the Joint Air-to-Surface Standoff Missile (JASSM) flight tests.

Key Players

The leading market players in the global Aerospace and defense telemetry markets include :

• BAE systems
• Cobham
• Honeywell
• L-3 communications
• Zodiac Aerospace
• Curtiss-Wright
• Dassault Aviation
• Finmeccanica
• Kongsberg Gruppen
• Orbit Technologies

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Aerospace and Defense Telemetry Market – Competitive Analysis

The 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 Zodiac Aerospace.

Aerospace and Defense Telemetry Market – Segments

For the convenience of the report and enhanced understanding; the aerospace and defense telemetry market is segmented in to three key dynamics:

Segmentation by Type: Radio & Satellite.

Segmentation by Application: Commercial Aerospace & Defense.

Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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.

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