According to Stratistics MRC, the Global Aerospace & Defense Telemetry Market is accounted for $18.85 billion in 2020 and is expected to reach $25.20 billion by 2028 growing at a CAGR of 3.7% during the forecast period. Some of the factors such as growing demand for the allocation of telemetry spectrum and rise in asymmetric warfare are propelling the market growth. However, defense budget cuts are hindering market growth.
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By geography, North America holds the largest share in the market due to a consistent surge in satellite demand and high investment in the military & space sectors. Also, the technological advancement in the defence system is immense in North America.
Some of the key players profiled in the Aerospace & Defense Telemetry Market include AstroNova, Inc, BAE Systems, Cobham, Curtiss-Wright Corporation, Dassault Aviation, Dassault Systèmes SE, Finmeccanica, Honeywell International Inc., Kongsberg Gruppen AS, L3 Communications Holdings Inc., Leonardo SpA, MTS Systems Corporation, Orbit Technologies Ltd, Safran SA, and Zodiac Aerospace.
Types Covered:
• Radio
• Satellite
Equipment Systems Covered:
• Data Acquisition Unit
• Flight Termination Receivers
• Telemetry Transmitters
Components Covered:
• Recorder
• Display
• Sensors
• Control Device
Applications Covered:
• Aircraft
• Spacecraft
• Unmanned Aerial Vehicles (UAVs)
• Missiles and Guided Weapons
End Users Covered:
• Aerospace
• Defence
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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