Press release
Telemetry Market worth $547.70 billion by 2030, growing at a CAGR of 12.65% - Exclusive Report by 360iResearch
The "Telemetry Market by Components (Antenna, Encoder, Modulator), Technology (Global Telemetrty Systems, Telemetry Product Lifecycle, Telemetry System), Sensors, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Telemetry Market to grow from USD 237.86 billion in 2023 to USD 547.70 billion by 2030, at a CAGR of 12.65%.
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Telemetry is the automated recording and transmission of data from inaccessible sources to an IT system in a diverse location for monitoring and analysis. Telemetry spans various applications, from environmental monitoring to healthcare, and includes technologies for wireless communication, data storage, and data processing. The market involves the sale of hardware such as sensors and end-user devices, software for data analysis, and services for managing telemetry systems. Advancements in communication technology, such as the rollout of 5G networks, significantly enhance the capabilities of telemetry systems. Growing concerns for resource optimization in various sectors drive the demand for more efficient data collection and analysis methods. Additionally, the increasing automation in industries such as manufacturing and logistics propels the market growth. However, the telemetry market faces several limitations, such as data security, as the transmission of sensitive information is susceptible to cyber threats. Integrating different telemetry systems can pose compatibility issues due to the lack of standardized protocols. In addition, regulatory challenges concerning data privacy and transmission across borders can impede market growth. The latest opportunities within the telemetry market lie in the development of low-power wide-area network (LPWAN) technologies that allow long-range communications with minimal power consumption. The rise of smart cities presents another substantial opportunity for the deployment of telemetry in urban infrastructure management. Furthermore, the ongoing evolution of AI and ML provides a powerful tool for enhanced data analysis and automated decision-making based on telemetry data.
Market Segmentation & Coverage:
This research report categorizes the Telemetry Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Components, market is studied across Antenna, Encoder, Modulator, Telemetry Receiver, and Telemetry Transmitter. The Encoder is further studied across Linear Encoder and Rotary Encoder. The Telemetry Transmitter is further studied across Radio Frequency Transmitter. The Telemetry Receiver is projected to witness significant market share during forecast period.
Based on Technology, market is studied across Global Telemetrty Systems, Telemetry Product Lifecycle, and Telemetry System. The Global Telemetrty Systems is further studied across Acoustic Telemetry, Data Loggers, Digital Telemetry, Wire-link Or Wired Telemetry, and Wireless Telemetry Systems. The Digital Telemetry is further studied across Advantages Of Digital Telemetry, Developments In Digital Telemetry, and Digital Telemetry Operation. The Wire-link Or Wired Telemetry is further studied across Electrical Cables and Fiber Optic Cables. The Wireless Telemetry Systems is further studied across Microwave Telemetry and Short-Range Radio Telemetry. The Microwave Telemetry is further studied across Satellite Radio, Ultra High Frequency, and Very High Frequency. The Short-Range Radio Telemetry is further studied across Infrared Telemetry Systems and Ultrasonic. The Telemetry Product Lifecycle is projected to witness significant market share during forecast period.
Based on Sensors, market is studied across Current or Voltage Sensors, Displacement Sensors, GPS Sensors, Load Cell Sensors, Magnetic RPM Sensors, MEMS Technology, Optical RPM Sensors, Phasor Sensors, Position Sensors, Pressure Sensors, Resistance Sensors, Temperature Sensors, Torque Sensors, Vehicle Dynamics Sensors, Vibration Sensors, and Weather Prediction Sensors. The Load Cell Sensors is further studied across Strain Gauge Sensors. The Pressure Sensors is further studied across Absolute Pressure Sensors, Differential Pressure Sensors, Gauge Pressure Sensors, Sealed Pressure Sensors, and Vacuum Pressure Sensors. The Temperature Sensors is further studied across Electrical Temperature Sensors and Mechanical Temperature Sensors. The Electrical Temperature Sensors is further studied across Thermistors. The Mechanical Temperature Sensors is further studied across Bimetals and Thermometers. The Weather Prediction Sensors is further studied across Freeze Sensors, Humidity Sensors, Rain Sensors, and Wind Sensors. The Magnetic RPM Sensors is projected to witness significant market share during forecast period.
Based on Application, market is studied across Aerospace & Defense Automation Telemetry, Agriculture Telemetry, Energy & Power Utilities, Healthcare or Medicine, Logistics & Transportation, Oceanography, Oil & Gas, Retail Telemetry, Vehicle Telemetry, and Wildlife. The Energy & Power Utilities is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Telemetry Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Telemetry Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Telemetry Market, highlighting leading vendors and their innovative profiles. These include AstroNova, Inc., Bayerische Motoren Werke AG, General Electric Company, Honeywell International Inc., International Business Machines Corporation, Kongsberg Gruppen, Koninklijke Philips N.V., L3Harris Technologies, Inc., Leonardo S.p.A., Lindsay Corporation, Rogers Communications, Inc., Schlumberger Limited, Schneider Electric SE, Siemens AG, and Verizon Communications, Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Telemetry Market, by Components
7. Telemetry Market, by Technology
8. Telemetry Market, by Sensors
9. Telemetry Market, by Application
10. Americas Telemetry Market
11. Asia-Pacific Telemetry Market
12. Europe, Middle East & Africa Telemetry Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Telemetry Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Telemetry Market?
3. What is the competitive strategic window for opportunities in the Telemetry Market?
4. What are the technology trends and regulatory frameworks in the Telemetry Market?
5. What is the market share of the leading vendors in the Telemetry Market?
6. What modes and strategic moves are considered suitable for entering the Telemetry Market?
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