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Aerospace & Defense Telemetry Market Trends

Report ID: GMI6551
Published Date: Aug 2023
Report Format: PDF

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Aerospace & Defense Telemetry Market Trends

A prominent trend in this market is the integration of AI and data analytics in aerospace & defense telemetry. Telemetry systems are incorporated with AI and data analytics to extract meaningful insights from vast datasets. These insights empower operators and engineers to identify patterns, predict anomalies, and optimize system performance, leading to better decision-making & resource allocation. Miniaturization in electronics facilitates the development of smaller & lightweight telemetry equipment. This innovation has allowed the integration of telemetry systems into smaller platforms such as microsatellites, UAVs, and wearable devices. The ability to gather & transmit telemetry data from compact systems is broadening the applicability of telemetry technology.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for aerospace & defense telemetry was valued at USD 1.5 billion in 2022 and will register 7% CAGR from 2023-2032 due to the expanding industrial & manufacturing sectors worldwide.

Aerospace & defense telemetry market size from the receiver component segment will witness 6% CAGR from 2023-2032 on account of its real-time processing capabilities.

North America registered 35% revenue share of the aerospace & defense telemetry in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the well-established defense industries across the region.

Airbus, BAE Systems, Cobham Aerospace Communications, Collins Aerospace, Curtis wright Corporation, General Dynamics Corporation, Honeywell International Inc., and JDA Systems are some of the major aerospace & defense telemetry companies worldwide.