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

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.

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.