Global Airborne Telemetry Market, Trends, Analysis, Opportunities, Share and Forecast – 2019-2025

The market is mainly driven by factors, such as an increase in R&D investment in technological advancements, growth in network-centric military communication, and increased use of cloud computing in telemetry. However, factors, such as defense budget cuts in various countries across the globe may restrain the growth of this market. The major driver in the growth and development of the Airborne telemetry market is basically due to the increasing use of cloud computing. Other factors that further contribute to the growth of the aerial telemetry market are increased research and development spending on defense objectives, network-focused military communications development, and technological advancements for increased demand for unmanned aerial vehicles. At the same time, the telemetry market can be curbed due to cuts in the defense budget.

The airborne telemetry market is projected to grow from USD 7.08 billion in 2016 to USD 8.52 billion by 2021, at a CAGR of 3.78% during the forecast period. 

To request a sample copy or view summary of this report, click the link below:
http://www.digitsnmarkets.com/sample/4065-airborne-telemetry-market

Wireless telemetry segment is estimated to be the largest segment of the market in 2016, as wireless telemetry is widely used for data transferred between aircraft and the air traffic controller tower using radiofrequency and satellites. End-users of wireless telemetry systems are ATC, airlines, aircraft manufacturing companies. Increase in research & development of modern airborne telemetry system. There is a consistent growth in the adoption of cloud computing in telemetry along with artificial intelligence enabling the organizational output. There are various industrial segments such as event management and weather bureau etc., which are Increase in demand for unmanned aircraft systems.

Asia-Pacific is one of the fastest-growing markets for the airborne telemetry market, due to an increase in the number of aircraft delivers in the region. Countries such as India, China, and Japan are increasingly investing in network-centric solutions to strengthen their defense communication systems to intercept threats arising from regional conflicts. Furthermore, India and China are building modern and advanced aircraft carriers and countries such as Vietnam and the Philippines are procuring modern communication systems for homeland security. These developments are expected to boost the demand for airborne telemetry systems in Asia-Pacific.

Airborne telemetry market comprises of chip service providers, such as BAE Systems (U.K.) Rockwell Collins, Inc. (U.S.) as well as component manufacturers such as Honeywell International, Inc. (U.S.), L-3 Communications Holdings, Inc., and Cobham PLC. (U.K.), among others. 

Contact Us :
Digits ‘N’ Markets
410 E Santa Clara Street, Unit #762
San Jose, CA 95113
Phone :+1 408-622-0123
Email: sales@digitsnmarkets.com
Website: www.digitsnmarkets.com

About Digits N Markets:
Digits N Markets has a vast repository of latest market research on trending topics, niche company profiles, market size and other relevant data released by renowned publishers. We have access to the database related to niche markets and trending topics in various industries. We also update the data regularly to provide recent statistics to the client. Recent data and reports will be featured on our websites and clients will be able to access the same. Our clients will be able to benefit from qualitative & quantitative insights in the report which will support them in taking concrete business decisions.

This release was published on openPR.