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Aerospace and Defense Telemetry Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Aerospace

The “Aerospace and Defense Telemetry Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Aerospace and Defense Telemetry Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Aerospace and Defense Telemetry market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Aerospace and Defense Telemetry Market Are:

  • BAE Systems plc
  • Lockheed Martin Corporation
  • L3 Technologies, Inc.
  • Safran (ZODIAC Aerospace)
  • Cobham PLC
  • Honeywell International Inc.
  • Thales Group
  • Kongsberg Gruppen
  • Orbit Communications Systems Ltd
  • AstroNova Inc.
  • Curtiss
  • Wright Corporation
  • Leonardo SpA
  • Raytheon Company

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    Market Overview:

  • The aerospace and defense telemetry market is expected to register a CAGR of 4.72% during the forecast period, 2019-2024, to reach a market value of USD 17.29 billion by 2024.
  • Growing usage of telemetry in military applications, like intercepted telemetry in guided missiles, land systems, armored vehicles, aircraft, marine ships, and UAVs is expected to augment the demand for telemetry during the forecast period.
  • Additionally, increase in defense spending due to various security threats imposed both externally and internally, increasing terrorist threats, the increasing interest of some nations toward world dominance, several border security issues, and volatile relations among nations are factors expected to support the growth of the concerned market.

    Scope of the Report:

  • Telemetry is the measurement and wireless data transmission of data from remote sources. Sensors measure physical data or electrical data that are converted into specific electrical voltages. Multiplexers combine these voltages with timing data into a single data stream for transmission to a remote receiver. At the reception, the data stream is separated into its original components and the data is displayed and processed according to user specifications.
  • In this report, the telemetry system used in the aerospace and defense sector has been studied. The report covers the various market dynamics on a regional and country basis. Aeronautical telemetry is used in military and commercial applications, like space exploration, rocketry, and flight testing, to enable real-time monitoring of environmental conditions in flying objects.

    Aerospace and Defense Telemetry Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Aerospace and Defense Telemetry market?
    • What are the key market trends impacting the growth of the global Aerospace and Defense Telemetry market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Aerospace and Defense Telemetry market?
    • What are the market opportunities and threats faced by the vendors in the global Aerospace and Defense Telemetry market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Aerospace and Defense Telemetry market?

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    Key Market Trends:

    Satellite Segment projected to grow at a High Pace

    Satellite telemetry is crucial for commercial as well as military flight test missions. These systems help in monitoring the data, which has been collected from onboard instrumentation over an RF link. Real-time data, as well as analysis of the data, has been proved to be crucial for the safety of the test pilots, and this requires a reliable high throughput link. Satellite communication is expected to witness a significant increase, primarily due to the growth in the usage of smart weapons as well as unmanned aerial vehicles. Also, missions, such as the launch of 104 satellites inside a single rocket by ISRO (India), will likely boost the satellite telemetry market’s growth during the forecast period.

    Asia-Pacific and Middle East & Africa expected to see the highest growth

    Currently, North America dominates the aerospace and defense telemetry market, primarily due to high investment in the military and space sectors. However, the growth of Middle East & Africa and Asia-Pacific is expected to be higher during the forecast period. Political tensions between Gulf countries have forced them to increase their defense spending for equipment modernization. Saudi Arabia, Israel, the United Arab Emirates, and Qatar are revamping their commercial as well as military aviation sector. Demand for unmanned aerial vehicles is also high in the region. Such developments will likely generate demand for telemetry system in the region. Emerging economies in Asia-Pacific, like India, China, and Japan are investing huge amounts in modernizing their armed forces. The modernization programs are further boosted by the increasing defense spending from these countries, which collectively, has a positive impact on the growth of the market.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Aerospace and Defense Telemetry Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Aerospace and Defense Telemetry.

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    Report Objectives:

    • Analyzing the size of the Aerospace and Defense Telemetry market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Aerospace and Defense Telemetry market.
    • Determining the key dynamics of the Aerospace and Defense Telemetry market.
    • Highlighting significant trends of the Aerospace and Defense Telemetry market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Aerospace and Defense Telemetry market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Aerospace and Defense Telemetry market.

    Detailed TOC of Aerospace and Defense Telemetry Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Industry Attractiveness – Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Radio
    5.1.2 Satellite
    5.2 By Application
    5.2.1 Aerospace
    5.2.2 Defense
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Russia
    5.3.2.5 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Rest of Asia-Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Israel
    5.3.5.2 Saudi Arabia
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Market Share Analysis
    6.2 Company Profiles
    6.2.1 BAE Systems plc
    6.2.2 Lockheed Martin Corporation
    6.2.3 L3 Technologies, Inc.
    6.2.4 Safran (ZODIAC Aerospace)
    6.2.5 Cobham PLC
    6.2.6 Honeywell International Inc.
    6.2.7 Thales Group
    6.2.8 Kongsberg Gruppen
    6.2.9 Orbit Communications Systems Ltd
    6.2.10 AstroNova Inc.
    6.2.11 Curtiss-Wright Corporation
    6.2.12 Leonardo SpA
    6.2.13 Raytheon Company

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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