Aerospace & Defense Telemetry Market Size
Aerospace & Defense Telemetry Market size was over USD 1.5 billion in 2022. The market is expected to grow at a CAGR of 7% during the period 2023-2032 due to the growing industrial & manufacturing industries.
The increasing use of unmanned systems such as UAVs and autonomous vehicles is fueling the need for telemetry solutions. Such systems tend to be operated remotely and need stable communication links for control, data transfer, and situational awareness. Telemetry systems allow operators to remotely monitor & control unmanned systems, making it easier to apply them in reconnaissance, surveillance, agriculture, and disaster relief.
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Report Attribute Details
Base Year 2022
Aerospace & Defense Telemetry Market Size in 2022 USD 1.5 billion
Forecast Period2023 to 2032
Forecast Period 2023 to 2032 CAGR7%
2032 Value ProjectionUSD 3 Billion
Historical Data for2018 to 2022
No. of Pages200
Tables, Charts & Figures366
Segments coveredComponent, Platform, Transmission, Application
Growth Drivers
Growing demand for real-time data
Growing use of unmanned systems
Growing flight testing activities
Growing space exploration and satellite missions
Growing defense budgets of nations
Pitfalls & Challenges
Complex regulatory landscape
Integration issues
The defense & aerospace sectors are governed by strict regulations & standards set by national and international bodies. Adherence to these standards may be cumbersome and time-consuming, affecting the development & deployment of telemetry systems. Compliance with regulatory requirements can necessitate additional resources and project delays.
COVID-19 Impact
The COVID-19 pandemic had profound effects on the aerospace & defense telemetry market. The pandemic caused disruptions in worldwide supply chains, impacting the manufacturing and delivery of components & materials used in telemetry systems. This resulted in production and project delays, disrupting the delivery of telemetry solutions. Governments across the world experienced economic downturns, which resulted in budget cuts and reprioritization of expenditures. This had an effect on the funding of defense projects such as telemetry system development and implementation.
Aerospace & Defense Telemetry Market Trends
The leading trend of this market is the use of AI and data analytics in aerospace & defense telemetry. Aerospace & defense telemetry systems are integrated with AI and data analytics to derive meaningful information from large datasets. This information is used by operators and engineers to recognize patterns, anticipate anomalies, and optimize system performance, resulting in improved decision-making & resource allocation. Electronic miniaturization supports the creation of lightweight & compact telemetry equipment. Miniaturization has made it possible to install telemetry systems in compact platforms like microsatellites, drones, and wearable technology. Being able to collect & transmit telemetry data from small systems is extending the use of telemetry technology.
Aerospace & Defense Telemetry Market Analysis
Discover more about the dominant segments defining this market
Segmented by transmission, the aerospace & defense telemetry industry is classified as wired and wireless. The wireless segment accounted for a market share of more than 50% in 2022 and will grow at a profitable rate through the forecast period. Growing use of unmanned systems such as UAVs and autonomous vehicles necessitates wireless communication to remotely control them, transmit data, and provide real-time monitoring. Wireless telemetry allows operators to remotely control the platforms, thus increasing their utility. It also obviates the necessity of large cable installations, which may be complicated and time-consuming. This makes it easier to set up, cuts down on installation time, and reduces possible points of failure.
Think of a puzzle consisting of various pieces, such as transmitters, receivers, antennas, sensors, and so on. These pieces enable airplanes, missiles, and other aerospace equipment to communicate with one another and relay information back to headquarters. A piece known as the “receiver” is somewhat of a very vital puzzle piece. It is likely to expand and improve even more in the future. Why? Since the receivers are able to process information in real time, such as viewing a live performance of what the plane is performing. It’s darn serious, particularly if things are occurring rapidly. In case something fails, those monitoring the information are able to leap in and repair it instantly. And since our space and defense technology becomes more high-tech, such as communication using satellites, the receivers have to be capable of keeping up. So, today receivers are extremely intelligent and can communicate with all kinds of various devices. They’re the communication specialists of the aerospace industry!
North America is the “boss” of the world’s aerospace and defense telemetry industry. In 2022, it had a gigantic share, with more than 35%. Why? The defense game in North America is really robust, particularly in the U.S. and Canada. They have a lot of military activity going on, such as monitoring enemy movements and missile testing. And what’s one of the most important components of ensuring all this defense activity goes off without a hitch? Telemetry! It’s like the eyes and ears that inform the military men about how everything’s humming along. The U.S. government is all about investing money in aerospace and defense. They spent more than $750 billion in 2022 alone! This allows scientists and engineers to whip up some great tech, such as telemetry systems. These systems are sort of like the mission control room for military actions, keeping things in order and ensuring that it all goes right. Thus, North America is dominating the telemetry market due to its robust defense sector and the American government’s affinity for anything aerospace and defense.
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Aerospace & Defense Telemetry Market Share
Major players operating in the aerospace & defense telemetry market are
- Airbus
- BAE Systems
- Cobham Aerospace Communications
- Collins Aerospace
- Curtis wright Corporation
- General Dynamics Corporation
- Honeywell International Inc.
- JDA Systems
- L3Harris Technologies, Inc.
- Lockheed Martin Corporation
- Mistral Solutions Pvt. Ltd
- Norsat International Inc.
- Safron Group
- Spectrum Antenna & Avionics System (P) Limited
- Tecom Industries Inc
- Verdant Telemetry & Antenna System
These players focus on strategic partnerships and new model launches & commercialization for market expansion. They are also heavily investing in research to introduce innovative technologies and garner maximum revenue in the market.