Press release
Aerospace and Defense Telemetry Market | Worldwide Size, Share, Trends, Growth Factors and Competitive Landscape By BAE, Cobham, Honeywell, L-3, Zodiac Aerospace, Curtiss-Wright, Dassault Aviation, Finmeccanica, Kongsberg Gruppenand Orbit Technologies
Aerospace and Defense Telemetry
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, and Orbit Technologies.
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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.
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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Scope Of Report
The market report for GLOBAL AEROSPACE AND DEFENSE TELEMETRY of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Study Objectives of Aerospace and Defense Telemetry Market
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aerospace and Defense Telemetry market
• To provide insights about factors affecting the market growth
• To analyse the Global Aerospace and Defense Telemetry Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country-level analysis of the market with respect to the current market size and future prospective
• To provide country-level analysis of the market for segment by application
• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aerospace and Defense Telemetry Market
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