logo

Aerospace and Defense Telemetry Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Type (Radio, Satellite), Application (Aerospace, Defense), and Geography.

Home Industry Reports Aerospace & Defense Aerospace and Defense Telemetry Market - Growth, Trends, COVID-19 Impact, and Fo ...

Market Snapshot

aerospace and defense telemetry market
Study Period:

2018 - 2026

Base Year:

2020

Fastest Growing Market:

Middle East and Africa

Largest Market:

North America

CAGR:

>4.5 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The aerospace and defense telemetry market is expected to register a CAGR of over 4.5% during the forecast period, 2020-2025.

  • 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.

Report scope can be customized per your requirements. Click here.

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.

Aerospace and Defense Telemetry Market_Type

To understand key trends, Download Sample Report

Asia-Pacific and Middle-East and 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 and 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.

Aerospace and Defense Telemetry Market_Geography

To understand geography trends, Download Sample Report

Competitive Landscape

The aerospace and defense telemetry market is fragmented, with the top five manufacturers occupying more than 50% of the market share in 2019. The application of telemetry is vast, and its use in the field of navigation, communication, military intelligence, rocketry, space science, and flight testing is propelling its demand in the global market. As the players compete to receive contracts, the level of competition is intense. In July 2018, BAE Systems plc and Goonhilly Earth Station (GES) signed a memorandum of understanding to supply two Tracking, Telemetry, and Command Processor (TTCP) systems to GES. The technology will allow GES to communicate and track a wide range of spacecraft, including future manned and robotic missions to the Moon and Mars. BAE Systems plc, L3Harris Technologies,Inc.,  Lockheed Martin Corporation, and Cobham PLC dominate the market.

Aerospace and Defense Telemetry Market- Concentration

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Radio

      2. 5.1.2 Satellite

    2. 5.2 By Application

      1. 5.2.1 Aerospace

      2. 5.2.2 Defense

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Israel

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 BAE Systems plc

      2. 6.2.2 Lockheed Martin Corporation

      3. 6.2.3 L3Harris Technologies, Inc.

      4. 6.2.4 Safran SA

      5. 6.2.5 Cobham PLC

      6. 6.2.6 Honeywell International Inc.

      7. 6.2.7 Thales Group

      8. 6.2.8 Kongsberg Gruppen AS

      9. 6.2.9 Orbit Communications Systems Ltd.

      10. 6.2.10 AstroNova Inc

      11. 6.2.11 Curtiss-Wright Corp.

      12. 6.2.12 Leonardo S.p.A

      13. 6.2.13 Raytheon Company

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Aerospace And Defense Telemetry Market market is studied from 2018 - 2026.

The Aerospace And Defense Telemetry Market is growing at a CAGR of >4.5% over the next 5 years.

Middle East and Africa is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

  • BAE Systems plc
  • Lockheed Martin Corporation
  • L3Harris Technologies, Inc.
  • Safran SA
  • Cobham PLC

Are the major companies operating in Aerospace And Defense Telemetry Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!