01-09-2019 08:27 AM CET - Business, Economy, Finances, Banking & Insurance

Aerospace and Defense Telemetry Market 2019: Global Industry Size, Share, Future Trends, Countless Growth Opportunities, Business Insights and Forecast 2023

Press release from: Market Research Future
Aerospace and Defense Telemetry Market
Aerospace and Defense Telemetry Market

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

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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Aerospace and Defense Telemetry Market – Market Overview

Telemetry is an automated mode of communication that is generally used for the measurement of data received from remote, inaccessible and hard to reach points. In other words, telemetry allows remote measurement and reporting of information and data. It can be through the wired mode (telephone networks and optical links) or wireless mechanisms (radio, infrared and ultrasonic waves). For aerospace and defense telemetry, it is generally the transmission of information from space (satellites, spacecraft) or defense systems to a ground control station on Earth or remote space vehicles with transmitting and receiving systems.

Along with the advanced application of the telemetry technologies, the R&D time required for aerospace and defense activities has gradually reduced. Also, since telemetry systems are critical for the aerospace and defense applications, the telemetry market has also grown along with the growth in aerospace activities. The application of aerospace telemetry dates back 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.

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. Telemetry helps to increase efficiencies and revenues, and also reduces safety risks, product cost and time-to-market.

Thus, along with the growth in aerospace R&D activities, there also has been growth in telemetry utilization and telemetry integration for aerospace application, for example, space vehicle missions. There also have been growth in the R&D activities for telemetry parameters in UAVs. UAVs are fitted with various sensors and utilize telemetry systems to transmit raw data from sensors, information from GNSS receiver, and for processing other diagnostics data.

Along with the rise in demand for a reliable telemetry infrastructure, one of the options is the satellite based telemetry. Satellite telemetry are used for various civil, commercial, government and military applications. For example, satellite telemetry are used by the researchers to track movement of the targets (e.g., animal, birds tracking) on earth. For such uses, satellite telemetry involves following an object on the earth's surface through the use of orbiting satellites. The satellite receives the radio signals from the transmitters attached to the target. Thus, it provides researchers with up-to-date location of the target object, whenever it moves. Based on the transmitter signal, the distance between the transmitter and the satellite can be calculated, and the location of the transmitter on the ground can be determined geometrically. With addition of respective sensors to the transmitter, information such as temperature, depth, and light could also be obtained from the target. All such data and information can then be obtained via internet once it is transmitted from the satellite to the ground station.

Satellite telemetry is also being largely used for military and defense applications. For example, the US uses satellite telemetry to provide satellite tracking, telemetry and command to its relevant users through several ground based antennas that are located at various locations around the world. The US also uses Space-Based Infrared System (SBIRS) reconnaissance satellites, which provides it with the strategic ballistic missile warning capabilities. These systems are further being upgraded with dual band telemetry, tracking and communications capability. The US also has established its Air Force Satellite Control Network (AFSCN) that operates USAF and other DOD satellites, and provides launch and orbit tracking operations during US launches of spacecraft. These systems have also been improved and modernized that insures its operational readiness as needed during the course of war as well.

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.

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.

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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.

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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