Aerospace AND Defense Telemetry Market Size, Trends, Share, Growth, Competitive Landscape, Key Players, And Regional Forecast To 2023
Aerospace AND Defense Telemetry Market – Market Overview
Telemetry is an automated mode of communication that is generally used for the measurement of data received from remote, inaccessible and hard to reach points. In other words, telemetry allows remote measurement and reporting of information and data. It can be through the wired mode (telephone networks and optical links) or wireless mechanisms (radio, infrared and ultrasonic waves). For aerospace and defense telemetry, it is generally the transmission of information from space (satellites, spacecraft) or defense systems to a ground control station on Earth or remote space vehicles with transmitting and receiving systems.
Several factors drive the Global Aerospace and Defense Telemetry market. One of the major drivers is the growth in aerospace R&D activities, for both the aerospace and defense segment. Telemetry is an important part of the aerospace and defense industry, as it helps to increase efficiencies, and also reduces safety risks. Also, there has been increasing demand for the military and defense applications. Also, along with the rise in demand for a reliable telemetry infrastructure, the utilization of satellite based telemetry has also increased.
Satellite telemetry has been used for various civil, commercial, government and military applications. In recent times, the utilization of UAVs have also increased both in the military and civil sectors. UAVs utilize communication system for control and air to ground communications (sending telemetry information and transmission and receiving of various other data). Thus, these have led to the growth of the Global Aerospace and Defense Telemetry market.
Key Players:
The leading market players in the global Aerospace and Defense Telemetry market primarily include BAE systems, Cobham, Honeywell, L-3 communications, Zodiac Aerospace, Curtiss-Wright, Dassault Aviation, Finmeccanica, Kongsberg Gruppen, and Orbit Technologies.
Aerospace AND Defense Telemetry Market – Competitive Analysis
BAE Systems is a global aerospace, security, and defense company. It offers a wide range of products and security solutions such as military communication systems, commercial digital engine and flight controls, surveillance capabilities, unmanned air systems, ship repair services, munitions facilities management, defense information systems, and hybrid electric drive systems.
BAE Systems operate through five major segments, namely: Electronic Systems (commercial aircraft electronics, intelligence, surveillance and reconnaissance, electronic protection, and electronic warfare); Cyber and Intelligence (intelligence and security, global analysis and operations, and IT solutions); Platforms and Services - US (land and armaments, weapon systems, and the US combat vehicles); Platforms and Services - UK (military air and information, maritime programs, and the UK combat vehicles); and Platforms and Services - International (business operations are based in Saudi Arabia, Australia, India, and Oman).
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