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The Aerospace and Defense Telemetry Market is expected to grow from USD 1.4 Billion in 2022 to USD 2.0 Billion by 2027, at a CAGR of 6.9%.
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Analysis Report by Platform (Ground, Airborne, Marine, Space,Analysis Report by Platform (Ground, Airborne, Marine, Space, Weapons, UAVs), Technology (Wired and Wireless Telemetry), Component ( Receiver, Transmitter, Antenna, Processors), Application, and Geography Global Forecast to 2027 Sign In Search Reports FREE BROCHURE FREE SAMPLE REPORT Report Code: AS 2238May, 2022, by marketsandmarkets.com DESCRIPTION TABLE OF CONTENTS METHODOLOGY DOWNLOAD PDF Updated on : May 10, 2023 [226 Pages Report] The Aerospace and Defense Telemetry Market is expected to grow from USD 1.4 billion in 2022 to USD 2.0 billion by 2027, at a CAGR of 6.9% from 2022 to 2027. The Aerospace and Defense Telemetry Industry is driven by factors such as increase in airspace modernization programs, increasing demand for military UAVs, development of compact telemetry systems for UAVs, etc. Welcome to LiveChat Vijay Partner ‐ Sales Welcome back, Looking for additional information ? I can help, let's chat! To know about the assumptions considered for the study, Request for Free Sample Report The COVID19 pandemic has caused a largescale impact on economies across the world. The global manufacturing of telemetry systems, components, and assembly lines have been impacted. COVID19 has led to several challenges for many industries. The Aerospace & defense industry is no exception to that. The budget allotted to the defense sector has been reduced by several countries due to the COVID19 pandemic. This puts most research projects on hold. The export of aerospace and defense telemetry to several countries in the Middle East, Africa, and Latin America has also been reduced. All these scenarios affect the development of We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info. X Chat now
Chat now aerospace and defense telemetry. Call REQUEST FREE SAMPLE REPORT Email Powered by Aerospace and Defense Telemetry Market Dynamics Driver : Increase in airspace modernization programs Airspace modernization programs include designing new antennas to increase the connectivity of aircraft. For instance, in March 2021, a new antenna that offers flexible installation options for specialpurpose aircraft was designed by ThinKom Solutions (US). The company developed a new variant of its Variable Inclination Continuous Transverse Stub (VICTS) antenna for government and military beyondlineofsight (BLoS) applications. Initial units of the product are currently undergoing integration, with formal qualification scheduled to begin soon. Modernizing and overhauling airspace to enhance safety and minimize flight delays is a prime focus area in North American and European countries. Better routing decisions, improved pilot communication, and enhanced efficiency are some benefits of airspace modernization. It involves the installation of new technologies and components to communicate effectively with air traffic managers, perform multidimensional aircraft tracking, and improve navigation by generating images of forward external scene topography. These airspace modernization programs, when implemented successfully, help save fuel, enhance the quality of air, and reduce carbon emissions. This drives the market for aerospace & defense telemetry Restraint : Long product certification duration Aerospace & defense telemetry systems and component manufacturers are required to obtain certification before launching a new product in the market. Multiple tests and iterations are required for manufacturers to reach the highest level of safety, which leads to complex and delayed approval periods that further leads to production delay. For instance, as per stated by one of the primary respondent, any product related approvals from Federal Aviation Administration (FAA), that provides certification to region like North America, could take around three years. These delays in certification process from regulatory authorities like FAA may restrain the growth of aerospace and defense telemetry market. Opportunity : Development of low cost miniaturized telemetry systems The cost of electronic components has reduced significantly due to largescale manufacturing and integration of circuits into single PCBs. This has made it possible to manufacture telemetry systems and components at low rates. The antennas, a telemetry component is being widely used across various industries due to their efficiency, reliability, and affordability. The large scale miniaturization of electronic comonents are being used in order to reduce the overall size of antennas, as a result, they can be easily accommodated in small spaces. It also further results in limited fuel and power consumption. In addition, it also helps manufacturers in reducing the size of UAVs and other satellites. As a result, the development of smallsized antennas at low costs offers lucrative growth opportunities for various players operating in the aerospace & defense telemetry market.
Challenges : Lack of skilled workforce Critical land, marine, airborne, and space operations rely on wellqualified personnel for various tasks such as R&D, patent development, and software development & application. Thus, the recruitment of a technical workforce forms a crucial part of ensuring innovation in business processes and products in the defense industry. Countries such as Morocco, South Africa, Nigeria, Somalia, Kenya, Bangladesh, Nepal, and Bhutan lack a skilled technical workforce in the defense industry. Potential workforce issues affect the safety and effectiveness of operations, which further limits the number of missions that the systems can handle. Thus, this acts as a challenge to the growth of the aerospace & defense telemetry market. UAV segment of the aerospace and defense telemetry market by platform, to grow at highest CAGR during the forecast period Based on platform, the UAV segment is projected to grow from USD 187 million in 2022 to USD 320 million by 2027, at a CAGR of 11.4% during the forecast period. The growth can be attributed to the increasing use of UAVs across various industries, as well as increasing demand of UAVs for both military and commercial application. Wireless telemetry segment to command the aerospace and defense telemetry market by technology, during the forecast period The wireless telemetry segment is expected to lead the aerospace and defense telemetry market during the forecast period. This segment accounted for a share of 62.3% of the market in 2022. The growth can be attributed to the higher adoption of wireless telemetry technology owing to the ease of operation and maintenance. Receiver segment to command the aerospace and defense telemetry market by component, during the forecast period The receiver telemetry segment is expected to lead the aerospace and defense telemetry market during the forecast period. The market is projected to grow from USD 477 million in 2022 to USD 685 million in 2027, growing at a CAGR of 7.5% from 2022 to 2027. The North America market is projected to contribute the largest share from 2022 to 2027 Rotator Cuff Injury Treatment Market by Region To know about the assumptions considered for the study, download the pdf brochure Emerging Industry Trends Miniaturization of Antenna Research & development on antennas to reduce the size and weight and increase power have led to the development of integrated antennas. Research to make antennas invisible to the naked eye is still underway; these small antennas will be integrated into various platforms such as ships, military vehicles, and manpacks. Flexible hybrid electronics (FHE) technology is a result of R&D undertaken by the electronics and
high precision printing industries. With the help of FHE technology, manufacturers can buildhigh precision printing industries. With the help of FHE technology, manufacturers can build integrated antennas that are lightweight and can be conformed to the curves of the human body while preserving full operational integrity. FHE technology can revolutionize the aerospace & defense telemetry market by integrating multiple ultrathin silicon components with high precision, printing them with conductive and active inks, and pasting them on stretchable substrates. Aerospace and Defense Telemetry Industry Companies: Top Key Market Players The Aerospace and Defense Telemetry Companies are dominated by globally established players such as L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin (US), Maxar Technologies (US). The report covers various industry trends and new technological innovations in the Aerospace and Defense Telemetry market for the period, 20182027. Get online access to the report on the World's First Market Intelligence Cloud Easy to Download Historical Data & Forecast Numbers Company Analysis Dashboard for high growth potential opportunities Research Analyst Access for customization & queries Competitor Analysis with Interactive dashboard Latest News, Updates & Trend analysis REQUEST SAMPLE Click on image to enlarge Scope of the Report
Report Metric Details Market size available for years 2018–2027 Base year considered 2021 Forecast period 20222027 Forecast units Value (USD Million) By Platform, By Application, By Component, By technology Segments covered North America, Europe, Asia Pacific, Middle East, Rest of the World. Geographies covered L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), Maxar Technologies (US), Ruag International Holding Ltd (Switzerland), BAE Systems (UK), among others. (24 Companies) Companies covered The study categorizes the aerospace and defense telemetry market based on platform, application, component, technology, and region By Platform Ground Ground Stations Fixed Mobile Armored vehicles/Land Vehicle Airborne Commercial Fixed Rotary Military Fixed Rotary Marine Commercial Military Space Satellite
Launchers Weapons UAVs By Application Avionics Air Vehicle Test Flight Test Instrumentation Distributed Data Acquisition System Flight Termination System By Technology Wired Telemetry Electrical Cables Fiber Optic Cables Wireless Telemetry Shortrange Radio Telemetry Microwave Telemetry By Component Receivers Transmitters Antennas Processors By Region North America Asia Pacific Europe Rest of the World Recent Developments In February 2022, Lockheed Martin received a manufacturing contract from Smiths Interconnect to manufacture High Gain High Sensitivity (HGHS) Antenna systems to protect US Navy ships from threats during missioncritical operations. In January 2022, L3Harris Technologies was awarded an IDIQ contract by the US Marine for multichannel handheld and vehicular radio systems. Frequently Asked Questions (FAQ): What are your views on the growth prospect of the Aerospace and Defense Telemetry Market?
What are the key sustainability strategies adopted by leading players operating in the Aerospace and Defense Telemetry Market? What are the new emerging technologies and use cases disrupting the Aerospace and Defense Telemetry Market? Who are the key players and innovators in the ecosystem of the Aerospace and Defense Telemetry Market? Which region is expected to hold the highest market share in the Aerospace and Defense Telemetry Market? To speak to our analyst for a discussion on the above findings, click Speak to Analyst Custom Market Research Services We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions. Instant Answers with GPT Ask Now! Ask real questions. Get complete answers ! Type Your Question Get recent trends delivered to your inbox Overtake your competition with ease. STAY TUNED REPORT CODE AS 2238
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PERSONALIZE THIS RESEARCH Triangulate with your Own Data Get Data as per your Format and Definition Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor Any level of Personalization REQUEST A FREE CUSTOMIZATION LET US HELP YOU! What are the Known and Unknown Adjacencies Impacting the Aerospace and Defense Telemetry Market What will your New Revenue Sources be? Who will be your Top Customer; what will make them switch? Defend your Market Share or Win Competitors Get a Scorecard for Target Partners CUSTOMIZED WORKSHOP REQUEST LATEST NEWS Finland's Accession to NATO Strengthens Alliance Security M&A Activity Rose for Aerospace, Defense in 2022 READ MORE Website Feedback