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.

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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.

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