Global Telemetry Market Opportunities, share with Strategic Business Growth and Top Companies are Group, Philips, Siemens, GE, Rogers, IBM, Verizon, Honeywell, , Philips, Lindsay Corporation, Sierra Wireless, NIHON KOHDEN EUROPE GmbH, Schlumberger
The global telemetry market accounted for USD 110.4 billion in 2017 and is projected to grow at a CAGR of 14.8% the forecast period of 2018 to 2025.
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The study emphasizes advancement in telemetry solutions as it has immense influence on the decision making process in almost all socioeconomic and business aspects. Furthermore, the report provides a detailed analysis of the global telemetry market along with the market forecast in terms of revenue growth for all segments.
Global Telemetry Market By Technology (Wire-Link, Wireless Telemetry, Digital Telemetry, Data Loggers and Acoustic Telemetry), By Component (Telemetry Transmitter, Components of Receiver), By Application (Healthcare/ Medicine, Vehicle Telemetry, Others), By Sensor (optical rpm sensors, vehicle dynamics sensors, position sensors, Others), By Geographical Segments – Industry Trends and Forecast to 2025.
Well known players of global telemetry market are
• Rogers Communications,
• BMW Group,
• Lindsay Corporation,
• Schneider Electric,
• BioTelemetry, Inc.,
• Sierra Wireless,
• Astro-Med GmbH,
KONGSBERG, L3 Technologies, Cobham, Leonardo, Philips – Healthcare, Spacelabs Healthcare, Nihon Kohden America, Nihon Kohden, NIHON KOHDEN EUROPE GmbH and others.
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By applications, the market is segmented into
• healthcare/ medicine,
• vehicle telemetry (telematics),
• retail telemetry,
• aerospace and defense,
• logistics and transportation,
• oil & gas,
• energy and power utilities and others
Based on geography the global telemetry market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Asia-Pacific and
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
By solutions, the market is segmented into
• wireless telemetry,
• digital telemetry,
• data loggers and
• acoustic telemetry
By services, the market is segmented into
• telemetry transmitter and
• components of receiver
By sensor, the market is segmented into
• optical rpm sensors,
• vehicle dynamics sensors,
• GPS sensors,
• magnetic rpm sensors,
• resistance sensors,
• temperature sensors,
• torque sensors,
• current/voltage sensors,
• position sensors,
• displacement sensors,
• pressure sensors,
• vibration sensors,
• load cell sensors and
• phasor sensors
Major market drivers and restraints
• Growing adoption of cloud technologies.
• Integration of smart devices with big data technology.
• Supportive government initiatives paired with growing R&D initiatives.
• Lack of unskilled labor.
• Huge investment and maintenance costs.
The global telemetry market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of telemetry market for global, Europe, North America, Asia Pacific and South America.
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