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Aerospace & Defense Telemetry Market Trends, Industry | 2030

Aerospace & Defense Telemetry Market

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Segments - by Types (Satellites and Radio), Applications (Aerospace and Defense), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author :

Aamir Ansari

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Indranil Bose

Editor :

Shreyas Tandon

Report Description

The global aerospace & defense telemetry market size is anticipated to expand at a substantial CAGR of 4% during the forecast period, 2021–2028. The growth of the market is attributed to the increasing use of telemetry in military purposes such as intercepted telemetry in guided missiles, armored vehicles, land systems, marine ships, aircraft, and unmanned aerial vehicles (UAVs) is estimated to boost telemetry demand.

Telemetry is an automated method of collecting and measuring data from unreachable, distant, and difficult-to-reach locations. Wireless means such as radio waves, infrared waves, and ultrasonic waves can be used, as well as wired methods such as optical links and telephone networks. Sensors collect physical or electrical data and transform it into specified electronic voltages. Multiplexers combine these voltages with time data to create a single stream of data that can be transmitted to a remote receiver. The data stream is divided into its original parts at reception, and the data is presented and processed as per the user's preferences.

Telemetry in aerospace and defense refers to the data transmission from defense systems in space to a ground-based control station using transceiver equipment. It has a lot of uses in the military and defense security systems. Aeronautical telemetry (ATM) allows for real-time monitoring of environmental conditions in flying objects in commercial and military applications such as space travel, rocketry, and flight testing.

Market Trends, Drivers, Restraints, and Opportunities

Rising defense budgets around the world are anticipated to propel the market growth in the coming years.
Growing terrorist attacks, an increase in defense spending as a result of numerous security risks, and a rising interest among several states in world dominance are some of the main drivers projected to fuel worldwide market expansion.
Increasing R&D initiatives to improve existing communication systems and the use of UAVs for distant sensing is estimated to spur the market growth during the forecast period.
Expensive startup and maintenance costs, as well as insufficient testing, are expected to hamper the market growth.
Government-imposed strict restrictions and regulations make it difficult for enterprises in the aerospace and defense telemetry sector to act as a major challenge that can restrict the market expansion during the forecast period.
Advancements in aerospace and defense telemetry, such as actual data access and artificial intelligence are projected to create significant opportunities for the market players.

Scope of the Report

The report on the global aerospace & defense telemetry market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Aerospace & Defense Telemetry Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	By Types (Satellites and Radio), and Applications (Aerospace and Defense)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Thales Group; Safran SA; Raytheon Company; Orbit Communications Systems Ltd.; Lockheed Martin Corporation; Leonardo S.p.A; L3Harris Technologies, Inc.; Kongsberg Gruppen AS; Honeywell International Inc.; Curtiss-Wright Corp.; Cobham PLC; BAE Systems plc; and AstroNova Inc.

Global Aerospace & Defense Telemetry Market Segment Insights

Satellites segment is projected to represent a large market share
Based on types, the global aerospace & defense telemetry market is segmented into satellites and radio. The satellites segment is expected to hold a key share of the market during the forecast period due to military and commercial flight tests both require satellite telemetry. These devices aid in the monitoring of data gathered via a radio frequency (RF) link from onboard instruments. Actual data, as well as statistical analysis, is critical for the test pilots' safety, and thus demands a stable high throughput link. The use of smart armaments and unmanned aerial vehicles is anticipated to develop significantly, resulting in considerable growth in satellite communication.

Aerospace segment is expected to grow at a robust pace
On the basis of applications, the market is bifurcated into aerospace and defense. The aerospace segment is expected to constitute a key share of the market in the coming years owing to the factors that can be ascribed to the emergence of new enterprises, in the space sector which comprises launch automobile makers to satellite service providers.

Asia Pacific is expected to dominate the market
On the basis of regions, the market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market at an impressive CAGR during the forecast period. The regional market growth can be attributed to China, India, and Japan, among the Asia-emerging Pacific's economies, are investing heavily in modernizing their military forces. The modernization initiatives are pushed even more by these nations' increased defense spending, which has a beneficial effect on the market's growth.

Segments

Segments Covered in the Report
The global aerospace & defense telemetry market has been segmented based on

Types

Satellites
Radio

Applications

Aerospace
Defense

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Thales Group
Safran SA
Raytheon Company
Orbit Communications Systems Ltd.
Lockheed Martin Corporation
Leonardo S.p.A
L3Harris Technologies, Inc.
Kongsberg Gruppen AS
Honeywell International Inc.
Curtiss-Wright Corp.
Cobham PLC
BAE Systems plc
AstroNova Inc

Competitive Landscape

Key players competing in the global aerospace & defense telemetry market are Thales Group; Safran SA; Raytheon Company; Orbit Communications Systems Ltd.; Lockheed Martin Corporation; Leonardo S.p.A; L3Harris Technologies, Inc.; Kongsberg Gruppen AS; Honeywell International Inc.; Curtiss-Wright Corp.; Cobham PLC; BAE Systems plc; and AstroNova Inc. Some of these players are adopting several business strategies including acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to increase their market shares.

Aerospace & Defense Telemetry Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aerospace & Defense Telemetry Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Aerospace & Defense Telemetry Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Aerospace & Defense Telemetry Market - Supply Chain
  4.5. Global Aerospace & Defense Telemetry Market Forecast
     4.5.1. Aerospace & Defense Telemetry Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Aerospace & Defense Telemetry Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Aerospace & Defense Telemetry Market Absolute $ Opportunity
5. Global Aerospace & Defense Telemetry Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Aerospace & Defense Telemetry Market Size and Volume Forecast by Types
     5.3.1. Satellites
     5.3.2. Radio
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Aerospace & Defense Telemetry Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Aerospace & Defense Telemetry Market Size and Volume Forecast by Applications
     6.3.1. Aerospace
     6.3.2. Defense
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Aerospace & Defense Telemetry Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Aerospace & Defense Telemetry Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Aerospace & Defense Telemetry Demand Share Forecast, 2019-2026
8. North America Aerospace & Defense Telemetry Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Aerospace & Defense Telemetry Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Aerospace & Defense Telemetry Market Size and Volume Forecast by Types
     8.4.1. Satellites
     8.4.2. Radio
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Aerospace & Defense Telemetry Market Size and Volume Forecast by Applications
     8.7.1. Aerospace
     8.7.2. Defense
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Aerospace & Defense Telemetry Demand Share Forecast, 2019-2026
9. Latin America Aerospace & Defense Telemetry Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Aerospace & Defense Telemetry Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Aerospace & Defense Telemetry Market Size and Volume Forecast by Types
     9.4.1. Satellites
     9.4.2. Radio
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Aerospace & Defense Telemetry Market Size and Volume Forecast by Applications
     9.7.1. Aerospace
     9.7.2. Defense
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Aerospace & Defense Telemetry Demand Share Forecast, 2019-2026
10. Europe Aerospace & Defense Telemetry Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Aerospace & Defense Telemetry Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Aerospace & Defense Telemetry Market Size and Volume Forecast by Types
     10.4.1. Satellites
     10.4.2. Radio
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Aerospace & Defense Telemetry Market Size and Volume Forecast by Applications
     10.7.1. Aerospace
     10.7.2. Defense
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Aerospace & Defense Telemetry Demand Share Forecast, 2019-2026
11. Asia Pacific Aerospace & Defense Telemetry Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Aerospace & Defense Telemetry Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Aerospace & Defense Telemetry Market Size and Volume Forecast by Types
     11.4.1. Satellites
     11.4.2. Radio
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Aerospace & Defense Telemetry Market Size and Volume Forecast by Applications
     11.7.1. Aerospace
     11.7.2. Defense
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Aerospace & Defense Telemetry Demand Share Forecast, 2019-2026
12. Middle East & Africa Aerospace & Defense Telemetry Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Aerospace & Defense Telemetry Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Aerospace & Defense Telemetry Market Size and Volume Forecast by Types
     12.4.1. Satellites
     12.4.2. Radio
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Aerospace & Defense Telemetry Market Size and Volume Forecast by Applications
     12.7.1. Aerospace
     12.7.2. Defense
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Aerospace & Defense Telemetry Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Aerospace & Defense Telemetry Market: Market Share Analysis
  13.2. Aerospace & Defense Telemetry Distributors and Customers
  13.3. Aerospace & Defense Telemetry Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Thales Group
     13.4.2. Safran SA
     13.4.3. Raytheon Company
     13.4.4. Orbit Communications Systems Ltd.
     13.4.5. Lockheed Martin Corporation
     13.4.6. Leonardo S.p.A
     13.4.7. L3Harris Technologies, Inc.
     13.4.8. Kongsberg Gruppen AS
     13.4.9. Honeywell International Inc.
     13.4.10. Curtiss-Wright Corp.

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