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Telemetry Market in Aerospace & Defense (Radio Telemetry, Satellite Telemetry) increasing Demand in UAVs worth $18.53 Billion by 2019

According to the new market research report the“Telemetry Market in Aerospace & Defense (Radio Telemetry, Satellite Telemetry) - Forecast Analysis to 2014 - 2019” 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.

The report provides a market analysis of the global aerospace telemetry market over the next five years. It contains the analysis of drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in the global market. It tracks, analyses, and lays out the market size of major defense spenders in each region and provides the market share by sub-category, which is aerospace & defense. It also analyses the market share by procurement, integration, and maintenance. It provides information of the leading competitors in the global aerospace telemetry market; it also provides details on their financial positions, key products, their unique selling points, and key developments.

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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.

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.

Browse more than 64 market data tables with 62 figures spread through 157 pages and in-depth TOC on " Telemetry Market in Aerospace & Defense (Radio Telemetry, Satellite Telemetry) - Forecast Analysis to 2014 - 2019"
http://www.marketsandmarkets.com/Market-Reports/aerospace-defense-telemetry-market-27039415.html
Early buyers will receive 10% customization on this report.

China has indicated that they intend to expand their regional navigation system, called “Beidou”, 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.BAE Systems, Cobham, Honeywell, and Orbit Technologies will be the market leaders that occupy a significant market share.

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