Aerospace and Defense Telemetry Market, By Type (Radio and Satellite), By Application (Aerospace and Defense), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI368519 | Publish Date: May 2024 | No. of Pages: 180

Global Aerospace And Defense Telemetry Overview

Aerospace and Defense Telemetry Market was valued at US$ 3.5 billion in 2024 and is projected to grow at a CAGR of 7.0% to reach US$ 6.5 billion by 2034.

Aerospace and defense telemetry describes the process of gathering statistical data from outlying areas and transmitting it to the receiving apparatus for analysis, recording, and observation. Complex systems including missiles, RPVs, spaceships, oil rigs, and chemical facilities require aerospace and defense telemetry. This facilitates the automated record-keeping, alerting, and monitoring required for effective and secure operation. The creation of the balloon-borne radiosonde, a device that automatically detects meteorological parameters like temperature, barometric pressure, and humidity and transmits the data to an Earth station by radio, marked the beginning of aerospace telemetry in the 1930s. Through the highly automated communications process of telemetry, measurements, and other data are gathered at inaccessible or remote locations and sent to receiving equipment for recording, monitoring, and display.

Throughout the projection period, there will likely be an increase in the need for telemetry due to the growing usage of telemetry in military applications, such as intercepted telemetry in guided missiles, land systems, armored vehicles, aircraft, marine ships, and unmanned aerial vehicles. Furthermore, the expansion of the market under study is anticipated to be supported by elements such as rising terrorist threats, several border security problems, unstable international relations, and an increase in defense spending as a result of numerous security challenges imposed both internally and externally. Countries are also spending money on telemetry goods and software for telemetry analysis. Additionally, there is anticipated to be a significant growth potential for market leaders in telemetry products due to factors including growing geopolitical tensions and research and development (R&D) in A&D telemetry. Nonetheless, telemetry producers have certain legal obligations to adhere to. To be introduced into the market, particularly for military reasons, they must first pass several strict requirements which significantly impede the market's growth.

Compared to older telemetries, current telemetry systems are more intricate in design. Aerospace and defense telemetry, oceanography, biological research, mechanical engineering, and other fields all employ these telemetry systems. The aerospace and defense industries now demand more telemetry due to its many advantages.

Introduction - Aerospace and Defense Telemetry Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Aerospace And Defense Telemetry Dynamics

Drivers of Aerospace and Defense Telemetry Market:

Affordable advances in technology

  • Due to large-scale manufacture and circuit integration onto single PCBs, the cost of electronic components has dropped significantly. Because of this, telemetry systems and their components may now be produced at reasonable prices.
  • Antennas are a common telemetry component used in many different sectors because of their affordability, dependability, and efficiency. Antennas' total size is being reduced by extensive electrical component reduction, which makes it possible for them to readily fit into small spaces. It also sets the standard for less fuel and power consumption.
  • Moreover, it helps manufacturers reduce the size of other satellites and unmanned aerial vehicles (UAVs). Therefore, the low-cost development of small-sized antennas offers lucrative advantages for many players in the aerospace and defense telemetry market.

Aerospace and Defense Telemetry Market Restrains:

Lengthy supply cycles and high-cost

  • The aerospace and defense telemetry systems have an extended testing and distribution chain. Furthermore, there are several procedures for using it because it is a military communication system. One major barrier in this industry is the stringent government laws governing these businesses. The adoption of new technology is delayed by these regulations.
  • Additionally, new competitors may face considerable obstacles due to the large capital costs connected with the aerospace and defense telemetry companies for those with limited means, the high cost of buying, setting up, and maintaining equipment tailored to a given market can be a major barrier.

Aerospace and Defense Telemetry Market Opportunities:

AI-driven telemetry systems

  • An attractive prospect for market expansion is the combination of artificial intelligence (AI) with telemetry. Al-driven telemetry systems are capable of processing large volumes of real-time data from aerospace and defense assets, including satellites, missiles, unmanned aerial vehicles (UAVs), and airplanes.
  • Through the use of machine learning algorithms, artificial intelligence (AI) may be able to identify trends, flaws, and insights in telemetry data that human operators would overlook. Predictive maintenance, enhanced decision-making, and optimization of mission-critical processes are all made feasible by this. These developments provide rich prospects for market expansion.

Global Aerospace And Defense Telemetry Segmentation

Aerospace and Defense Telemetry Market is segmented based on Type, Application and region:

Type Insights:

  • Radio:

In situations when wireline communications are difficult, radio communication is utilized for supervisory systems and aeronautical operations. The challenge of locating antenna locations and clear line-of-sight radio pathways typically precludes radio communication for public utility installations in populated regions. In these situations, line linkages and cables are employed.

  • Satellite:

Satellite telemetry is essential in both private and military flight test operations. These devices support the monitoring of the information gathered via a radio frequency (RF) connection from onboard instrumentation. A dependable high throughput link is necessary to ensure the safety of the test pilots when analyzing real-time data.

Among the segments mentioned above the one that dominated the market is the satellite segment as data transfer for aerospace applications depends on satellite communication, therefore this sector is expected to grow at the fastest rate.

Application Insights:

  • Aerospace:

In the aerospace sector, telemetry systems are included in satellites, space probes, and airplanes to relay vital information to base stations, including temperature, speed, altitude, and engine performance.

  • Defense:

Telemetry systems are utilized in the military industry to comprehend systems that are based on the air, land, and sea. Intercepted telemetry in guided missiles, ground systems, armored vehicles, aircraft, marine ships, unmanned aerial vehicles, and more are just a few of the military uses for it.

Among the segments mentioned above the one that dominated the market is the Aerospace segment due to the emergence of new enterprises in the aerospace sector, which ranged from launching of the automobile manufacturers to satellite service providers.

Regional Insights:

Aerospace and Defense Telemetry Market Regional Insights

  • North America market is estimated to witness a significantly high revenue share over the forecast period, because of the substantial aerospace and defense market, which has well-established firms and a strong focus on technical improvements. Another factor in the region's market supremacy is the existence of a highly skilled labor force and robust engineering skills.
  • Asia Pacific market is estimated to witness the largest revenue share because of the region's significant investment in the military and space industries as well as its steady increase in satellite demand. The enhanced defence spending from these nations supports the modernization initiatives, which in turn affects the market's expansion.
  • Europe market finds lucrative market opportunities because of the leading aerospace and defense companies that are driving demand for telemetry solutions. The need for cutting-edge telemetry solutions is also being driven by more research and development spending in the region.
  • Latin America market is increasing gradually as a result of the region's growing requirement for dependable telemetry solutions and cutting-edge military systems. The industry is also being driven by the region's expanding defense budget and the presence of several defense firms.
  • Middle East & Africa market is an emerging market as a result of region's advantageous position and proximity to important international markets. Some of the most sophisticated military systems in the world are found in the Middle East, necessitating the need for dependable telemetry solutions. The defense and aerospace sectors in the area are now in greater need of telemetry solutions as a result of this.

Report Scope:

Attribute

Details

Market Size 2024

US$ 3.5 billion

Projected Market Size 2034

US$ 6.5 billion

CAGR Growth Rate

7.0%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Radio and Satellite.

By Application - Aerospace and Defense.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the Aerospace and Defense Telemetry Market report based on Type, Application and region:

Aerospace and Defense Telemetry Market, By Type:

  • Radio
  • Satellite

Aerospace and Defense Telemetry Market, By Application:

  • Aerospace
  • Defense

Aerospace and Defense Telemetry Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Aerospace And Defense Telemetry Key Players

The key players operating the Aerospace and Defense Telemetry Market includes BAE Systems plc, Honeywell International Inc., Lockheed Martin Corporation, L3 Technologies, Inc., Safran (ZODIAC Aerospace), Cobham PLC, Thales Group, Kongsberg Gruppen, Orbit Communications Systems Ltd., and AstroNova Inc.

Key Players - Aerospace and Defense Telemetry Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Aerospace And Defense Telemetry Key Issues Addressed

  • In December 2023, Viasat, Inc., the world leader in satellite communications, and Safran announced a Memorandum of Understanding (MoU) to develop and introduce Viasat's InRange rocket telemetry system to the market. This will enable launch providers and spaceports to relay launch vehicle telemetry during flight, all while avoiding the need for ground networks.
  • In August 2022, The "Khayyam" satellite, an Iranian remote sensing spacecraft launched by a Russian rocket from the Baikonur Cosmodrome in Kazakhstan, transmitted its first telemetry data to Iran's Space Organization. According to Iran, the satellite is intended for use in scientific studies about radiation and environmental monitoring in agriculture.

Global Aerospace And Defense Telemetry Company Profile

  • BAE Systems plc *
    • Company Overview
    • Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Honeywell International Inc.
  • Lockheed Martin Corporation
  • L3 Technologies, Inc.
  • Safran (ZODIAC Aerospace)
  • Cobham PLC
  • Thales Group
  • Kongsberg Gruppen
  • Orbit Communications Systems Ltd
  • AstroNova Inc.

 "*" marked represents similar segmentation in other categories in the respective section.

Global Aerospace And Defense Telemetry Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Radio
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Satellite
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Aerospace
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Defense
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • BAE Systems plc *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Honeywell International Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Lockheed Martin Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • L3 Technologies, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Safran (ZODIAC Aerospace)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cobham PLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Thales Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Kongsberg Gruppen
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Orbit Communications Systems Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • AstroNova Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Aerospace and Defense Telemetry Market was valued at US$ 3.5 billion in 2024 and is projected to grow at a CAGR of 7.0% to reach US$ 6.5 billion by 2034.

The Aerospace and Defense Telemetry Market is segmented based on Type, Application, and Region.

Increasing demand for real-time data in aerospace and defense applications, advancements in sensor technologies, and the growth of unmanned systems in military operations.

The need for accurate and real-time data in aerospace and defense operations, the increasing complexity of modern military platforms, and advancements in telemetry systems enhancing mission capabilities

Regions typically considered include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The dominance of the market may depend on factors such as the presence of key aerospace and defense industry players, government investments in defense technologies, and the adoption of telemetry solutions in military applications.

The key players operating the Aerospace and Defense Telemetry Market includes BAE Systems plc, Honeywell International Inc., Lockheed Martin Corporation, L3 Technologies, Inc., Safran (ZODIAC Aerospace), Cobham PLC, Thales Group, Kongsberg Gruppen, Orbit Communications Systems Ltd., and AstroNova Inc.