Global Airborne Telemetry Strategic Business Report 2023: Market to Surpass $10 Billion by 2030 - Upsurge in Cloud Computing and Wireless Technologies Boost Demand


Dublin, Oct. 13, 2023 (GLOBE NEWSWIRE) -- The "Airborne Telemetry - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Airborne Telemetry Market to Reach $10.2 Billion by 2030

The global market for Airborne Telemetry estimated at US$8 Billion in the year 2022, is projected to reach a revised size of US$10.2 Billion by 2030, growing at a CAGR of 3.1% over the analysis period 2022-2030.

Wired, one of the segments analyzed in the report, is projected to record 2.7% CAGR and reach US$6.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wireless segment is readjusted to a revised 3.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 3% CAGR

The Airborne Telemetry market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Additionally, get an unprecedented leg-up on your competition with access to insights on market leaders such as BAE Systems PLC and Collins Aerospace.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages243
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$8 Billion
Forecasted Market Value (USD) by 2030$10.2 Billion
Compound Annual Growth Rate3.1%
Regions CoveredGlobal

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Airborne Telemetry: An Industry Overview
  • Wireless Telemetry: Fastest Growing Segment by Technology
  • Fixed Wing Expected to Lead the Airborne Telemetry Market by Platform
  • North America: The Powerhouse of Airborne Telemetry Market
  • Asia-Pacific: A Lucrative Market
  • Global Telemetry Market: An Insight
  • Airborne Telemetry - Global Key Competitors Percentage Market Share in 2022 (E)
  • Global Airborne Telemetry Systems Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Aerospace & Defense Telemetry Market: Percentage Breakdown of Volume Sales by Leading Players
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

MARKET TRENDS & DRIVERS

  • Upsurge in Cloud Computing and Wireless Technologies Boost Demand for Airborne Telemetry
  • Rising R&D Expenditure on Technological Innovations for Defense Purposes Sparks Demand
  • Increase in Demand for Unmanned Aircraft System Fuels Demand
  • Consolidations among Major Players to Play a Pivotal Role
  • Network-Centric Military Communication to Drive the Market Forward
  • PRODUCT OVERVIEW
  • Airborne Telemetry: A Definition
  • Flight Electronics Support: An Insider

FOCUS ON SELECT PLAYERS(Total 43 Featured)

  • BAE Systems PLC
  • Cobham PLC
  • Collins Aerospace
  • Honeywell International, Inc.
  • Kongsberg Gruppen ASA
  • L3 Technologies, Inc.
  • Leonardo S.p.A
  • Orbit Communications Systems Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/n02dx4

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Global Market for Airborne Telemetry

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