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.
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".
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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 global telemetry market research report categorizes the global market on the basis of application sectors, geography, and by country, along with forecasting revenues, market share, and analyzing trends in each of the sub sectors. Aerospace & defense telemetry is sub-segmented into Aerospace & Defense, and market revenues are calculated with respect to each region. The typical lifecycle of an aerospace & defense telemetry system is 10 to 12 years. Software and hardware updates take place midlife. Software and hardware updates do not occur in isolation and are interdependent. The research and development process generally consumes about three to four years.
The future of telemetry systems will be dominated by remote radio telemetry. The common methods in satellite communication for telematics will be based on RF communication infrastructure.
Currently, due to global economic uncertainty, it is imperative that key players in the Asia-Pacific region voice interests and concerns about telemetrics in the aerospace & defense sector. Blue Ocean strategies in this sector will help telemetry grow at a rapid pace. Asia-Pacific countries should focus on growth and direct their region’s economies on a higher trajectory for the long run.
Other technological trends would include integration across all platforms for a seamless net-centric environment, where users will have access to real-time data and better accessibility to ground control stations.
Defense companies face more pressure to improve productivity in the telemetry market, and respond to complex government regulations. A need for the frequency spectrum in this industry will revolutionize the aerospace & defense telemetry market in future.
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 telemetry's 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.
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