Key Trends Reshaping the Telemetry Market: Companies Are Forming Strategic Partnerships To Enhance Telemetry Solutions Industry Transformation

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Telemetry Market Size Growth Forecast: What to Expect by 2025?
In recent times, the telemetry market has experienced a robust growth. It's projected that the market worth will increase from $290.58 billion in 2024 to $316.23 billion in 2025, at a compound annual growth rate (CAGR) of 8.8%. The historic growth in this market is credited to operational effectiveness and safety measures, regulatory demands, the engagement of automotive and transportation industries, the adoption in the oil and gas sector, as well as the aerospace and aviation fields.

How Will the Telemetry Market Size Evolve and Grow by 2029?
The size of the telemetry market is poised for rapid expansion in the forthcoming years, with projections estimating it will reach $534.71 billion in 2029, reflecting a compound annual growth rate (CAGR) of 14.0%. This predicted growth over the forecast period is largely due to the swift expansion of the Internet of Things (IoT), advancements in 5G and connectivity, rising demand for remote monitoring, data-centric decision making, and the embracing of predictive maintenance. Further trends influencing this growth within the forecast period include the emergence of industry-specific applications, increased emphasis on security and data privacy, the upsurge of edge computing, monitoring of environmental factors, and the development of smart cities and infrastructure.

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What Drivers Are Propelling the Growth of Telemetry Market Forward?
The surge in cardiovascular incidents and corresponding fatalities are anticipated to fuel the telemetry market's expansion. Cardiovascular pertains to the heart and blood vessels. A cardiac telemetry unit consists of numerous patient rooms equipped with vital sign monitors that incessantly transmit data such as heart rate, respiration, and blood pressure to a proximate location. For example, data from the American College of Cardiology, a non-profit organization based in the US, revealed that in 2021, there were around 1.87 million deaths globally linked to cardiovascular diseases. This represents 3.47 million total deaths (with a 95% confidence interval of 1.44-2.34 million for cardiovascular fatalities and 2.93-4.00 million for total fatalities). Consequently, the increasing instances of cardiovascular diseases and related deaths are propelling the growth of the telemetry market.

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Which Emerging Trends Are Transforming the Telemetry Market in 2025?
The major players in the ambulatory surgical center IT services market are targeting strategic growth via collaborations to foster innovation and elevate launch vehicle telemetry solutions. These strategic alliances allow businesses to capitalize on one another's advantages and resources to obtain mutual success and gain. For instance, Viasat, Inc. set up a partnership with Safran Data Systems in December 2023 to jointly introduce InRange to the market. This gives launch providers and spaceports the ability to send telemetry data from launch vehicles during their journey without relying on terrestrial networks. InRange utilizes Viasat's global L-band satellite fleet, which was acquired when they took over Inmarsat in May, to transmit real-time telemetry data for launch missions. This space-centric communication option paves the way for launch mission controllers to monitor mission performance beyond the line of sight, effectively reducing the reliance on ground communication infrastructures.

What Are the Key Segments in the Telemetry Market?
The telemetrymarket covered in this report is segmented -

1) By Sensors Components: Pressure Sensors, Position Sensors, Vehicle Dynamics Sensors, Torque Sensors, GPS Sensors, Temperature Sensors, Vibration Sensors, Weather Prediction Sensors, Strain Gauge Sensors, Others Sensor Components
2) By Components Type: Hardware, Software
3) By Technology Types: Wire-Link, Wireless Telemetry System, Data Loggers, Acoustic Telemetry, Digital Telemetry
4) By Application Types: Healthcare, Consumer, Aerospace And Defense, Industry And Automation, Agriculture And Wildlife, Logistics And Transportation, Marine And Oceanography, Energy And Power, Oil And Gas, Hydrography

Subsegments:
1) By Pressure Sensors: Tire Pressure Monitoring Sensors, Oil Pressure Sensors, Fuel Pressure Sensors, Brake Pressure Sensors
2) By Position Sensors: Throttle Position Sensors, Steering Angle Sensors, Gear Position Sensors, Pedal Position Sensors, Camshaft Or Crankshaft Position Sensors
3) By Vehicle Dynamics Sensors: Inertial Measurement Units (IMU), Gyroscopes, Accelerometers, Yaw Rate Sensors, Lateral Or Longitudinal Acceleration Sensors
4) By Torque Sensors: Engine Torque Sensors, Shaft Torque Sensors, Transmission Torque Sensors, Steering Torque Sensors
5) By GPS Sensors: GNSS (Global Navigation Satellite System) Sensors, Real-Time Kinematic (RTK) GPS Sensors, Differential GPS (DGPS) Sensors, Autonomous GPS Sensors
6) By Temperature Sensors: Engine Coolant Temperature Sensors, Exhaust Gas Temperature Sensors, Ambient Temperature Sensors, Battery Temperature Sensors
7) By Vibration Sensors: Engine Vibration Sensors, Chassis Vibration Sensors, Suspension Vibration Sensors
8) By Weather Prediction Sensors: Barometric Pressure Sensors, Humidity Sensors, Rain Sensors, Wind Speed And Direction Sensors
9) By Strain Gauge Sensors: Load Monitoring Strain Gauges, Structural Health Monitoring Strain Gauges
10) By Others: Voltage Sensors, Alternator Voltage Sensors, Electric Motor Voltage Sensors, Force Measurement Load Cells, Weight Measurement Load Cells, Suspension Load Cells, Variable Resistor Sensors (Potentiometers), Thermistors (Temperature-Dependent Resistors),Hall Effect Current Sensors, Inductive Current Sensors, Shunt Resistor Current Sensors,Wheel Speed Sensors (Magnetic), Crankshaft Or Camshaft RPM Sensors, Linear Variable Differential Transformers (LVDT), Potentiometric Displacement Sensors, Capacitive Displacement Sensors, Optical Shaft Encoders, Optical Tachometers, Laser-Based RPM Sensors

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Who Are the Key Players Shaping the Telemetry Market's Competitive Landscape?
Major companies operating in the telemetry market include BAE Systems plc, Lockheed Martin Corporation, L3Harris Technologies Inc. (formerly L3 Technologies Inc. ), Safran S. A., Cobham plc, Honeywell International Inc., Thales Group, Orbit Communication Systems Ltd., Dassault Aviation SA, Curtiss-Wright Corporation, Raytheon Technologies Corporation, AstroNova Inc., Leonardo S. p. A., General Dynamics Corporation, Northrop Grumman Corporation, General Electric Company, Maxar Technologies Inc., RUAG International Holding AG, Advantech Co. Ltd., Digi International Inc., Eurotech S. p. A., Gilat Satellite Networks Ltd., Kongsberg Gruppen ASA, Rockwell Collins Inc., Sierra Wireless Inc., Textron Systems Corporation, Trimble Inc., VectorNav Technologies LLC, Xylem Inc., Zebra Technologies Corporation, ABB Ltd., Emerson Electric Co., Schneider Electric SE, Siemens AG, Yokogawa Electric Corporation

What Geographic Markets Are Powering Growth in the Telemetry Market?
North America was the largest region in the telemetry market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telemetry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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