Telemetry Market in Aerospace & Defense worth $18.53 Billion by 2019 According to the new market research report theâ€œTelemetry Market in Aerospace & Defense (Radio Telemetry, Satellite Telemetry) - Forecast Analysis to 2014 - 2019â€? provides details on their financial positions, key products, their unique selling points, and key developments. This research report also segments the market on the basis of telemetry applications, region, country, forecasting revenues, market share, and analyzing trends in each of the sub-sectors. Browse more than 64 market data tables with 62 figures spread through 157 pages and in-depth TOC on " Telemetry Market in Aerospace & Defense " http://www.marketsandmarkets.com/Market-Reports/aerospacedefense-telemetry-market-27039415.html Early buyers will receive 10% customization on this report. The global Telemetry Market in A&D is estimated to be $17.01 Billion in 2014 and is expected to register a CAGR of 1.73% to reach $18.53 Billion by 2019. The continued requirement for integrated solutions will drive the telemetry market. Joint ventures have played a significant role in winning contracts across the defense industry. Austerity leading to defense budget-cuts will continue till 2016 in U.K. and the U.S. The primary market players are from the U.S. and Europe; these players have the technical know-how and now look towards emerging economies. Transitioning markets include most of the major emerging countries such as China, India, Israel, Australia, and Brazil. The current trend of the market is its transition towards efficient and low-cost telemetry systems. The market requires more consolidation and
integration of telemetry systems across all platforms to garner a competitive advantage. Africa will apply telemetrics in their mining industry. The North American region will focus on their airborne sub-segment. Airborne telemetry applied in the UAVs and drones in this region are an apt quintessence of their cutting-edge technologies, which make them the market leaders. The Asia-Pacific region will continue to exhibit growth and intrinsic strength in telemetry technologies. This report provides a market analysis of the global Aerospace & Defense Telemetry Market for the next five years. It provides an overview of drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in the global telemetry market. It tracks, analyzes, and lays out the market size of major spenders in each region and provides the market share by sub-category i.e. Aerospace & Defense. The report also analyzes the market share by procurement, integration, and maintenance. It provides information of the leading competitors in the global aerospace & defense telemetry market. The global aerospace & defense telemetry market is estimated to be $17.01 billion in 2014 and is expected to register a CAGR of 1.73% to reach $18.53 billion in 2019. The key growth regions will be the Middle East and Asia-Pacific. Russia, India, Brazil, and South Africa will observe consistent levels of growth. Request for Free 10% Customization of Report @ http://www.marketsandmarkets.com/requestCustomization.asp? id=27039415 There is a slight decline in the global share of advanced markets. The decline is not attributed to a reduction in western telemetry expenditure, but significant investment growth in most of the emerging markets. There will be an increasing demand in UAVs, sensors, and mobility solutions. Spacecraft hardware will be a key area for growth in this market. As computers become more advanced, the technology needed to make
them more efficient, faster, and resistant to the environment becomes less expensive. The defense industry can expect telemetry systems to become smaller and less expensive. Digital maps in this market also play a significant role, which allow visualization of vehicle positions and traces. Communication with the Fleet Communication System (FCS) is realized by trunked radio, cellular, or satellite communication. Telemetry technology is used extensively in FCS. China has indicated that they intend to expand their regional navigation system, called â€œBeidouâ€?, into a global navigation system by 2020, a program that has been called "Compass". The Compass system is proposed to utilize 30 medium earth orbit satellites and five geostationary satellites. High-end satellite telemetry technology will be used in these systems that will provide ample opportunities for China in this market. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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Published on Mar 6, 2014
Published on Mar 6, 2014
The global telemetry market in aerospace & defense is estimated to be $17.01 billion in 2014 and is expected to register a CAGR of 1.73% to...