Global Aerospace and Defense Telemetry Market to Grow at 4.7% During 2022-2027, Spurred by Emergence of Advanced Technologies

December 09, 2019

According to the recent report by IMARC Group, titled “Aerospace and Defense Telemetry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global aerospace and defense telemetry market size reached US$ 18.3 Billion in 2021. Telemetry refers to an automated method used for wireless transmission of data from a remote object to a command station. Some of the common components used in a telemetry system include a thermal battery, signal conditioning unit, power supply unit, radar transponder, antennas, FM transmitter, master control unit, mechanical housing, and flight termination receiver/decoder. Telemetry finds applications in diverse sectors like industrial, aerospace, defense, and entertainment. Among these, telemetry is used in the field of aerospace for flight testing, space exploration, and real-time monitoring of surroundings in flying objects. The data obtained from these tests is essential for the success of any aeronautical research project. Besides this, telemetry solutions also play a vital role in the defense sector as they aid in recording data during captive carry flights and to send data from the missile to the collection ground station through a radio link or infrared and ultrasonic signals.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Aerospace and Defense Telemetry Market Trends:

The military sector has witnessed growing usage of telemetry due to the increasing penetration of smart weapons and unmanned aerial vehicles (UAVs). In addition to this, there has been a rise in defense spending due to security threats, border security issues, and terrorist threats, which has bolstered the market growth. Moreover, new cost-effective products and services have been launched due to the emergence of Industry 4.0 technologies that convert the existing telemetry systems into advanced alternatives with better sensors and connectivity. This, coupled with the rising number of space-exploration projects, has led key players to offer high-quality and effective systems for the aerospace sector. For instance, BAE Systems, a UK-based defense, aerospace, and security company, signed a memorandum of understanding (MoU) to provide two Tracking, Telemetry and Command Processor (TTCP) systems to the UK-based satellite earth receiving station, Goonhilly Earth Station (GES), at Farnborough International Airshow. Through the link provided by the TTCP, the organization can track all the data with future robotic missions to Mars and the Moon. On account of these factors, the market is expected to grow at a CAGR of 4.7% during 2022-2027.

Market Summary:

  • Based on the technology, the market has been categorized into satellite and radio telemetry.
  • On the basis of the equipment, data acquisition units account for the majority of the total market share. Other major segments include flight termination receivers, telemetry transmitters, and others.
  • Based on the application, the market has been divided into guided weapons, aircraft, UAVs, spacecraft, missiles, and others.
  • On the basis of the sector, aerospace holds the biggest market share, followed by the defense sector.
  • Region-wise, the market has been segregated into Asia Pacific, North America, Middle East and Africa, Europe, and Latin America. Among these, North America represents the leading market.
  • The competitive landscape of the market has been analyzed in the report with some of the key players being BAE Systems, Lockheed Martin Corporation, L3 Technologies, Safran, Cobham, Honeywell, Thales Group, Kongsberg Gruppen, Orbit Communications Systems, Dassault Aviation, Curtiss-Wright, Leonardo, Raytheon, AstroNova, etc.

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Global Aerospace and Defense Telemetry Market to Grow at 4.7% During 2022-2027, Spurred by Emergence of Advanced Technologies
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