Outlook on the Airborne Telemetry Global Market to 2027: Advanced R&D Spending on Technological Advancements Presents Opportunities


Dublin, March 21, 2023 (GLOBE NEWSWIRE) -- The "Global Airborne Telemetry Market (2022-2027) by Technology, Platform, Component, Sensor, Application, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Airborne Telemetry Market is estimated to be USD 7.87 Bn in 2022 and expected to reach USD 11.1 Bn by 2027, growing at a CAGR of 7.12%.

Market dynamics are forces that impact the prices and behaviors of the Global Airborne Telemetry Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Airborne Telemetry Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Airborne Telemetry Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Airborne Telemetry Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Attributes:

Report AttributeDetails
No. of Pages215
Forecast Period2022 - 2027
Estimated Market Value (USD) in 2022$7.87 Billion
Forecasted Market Value (USD) by 2027$11.1 Billion
Compound Annual Growth Rate7.1%
Regions CoveredGlobal

Market Dynamics

Drivers

  • Rising Use of Cloud Computing and Wireless Technologies
  • Increasing Demand for Unmanned Aircraft Vehicles
  • Riseing Numbers of Aircraft Deliveries

Restraints

  • Budget Cut Down in the Defense
  • Complexities Associated in Design and Implementation of System

Opportunities

  • Advanced R&D Spending on Technological Advancements
  • Expanding Defense Expenditure and Military Modernization by Developing Economies

Challenges

  • Ensuring Seamless Connectivity in a Limited Bandwidth
  • Unavailiability of Raw Materials under Some Circumstances

Market Segmentation

The Global Airborne Telemetry Market is segmented based on Technology, Platform, Component, Sensor, Application, and Geography.

  • By Technology, the market is classified into Wired Telemetry, and Wireless Telemetry.
  • By Platform, the market is classified into Fixed Wing, Parachute, Rotary Wing, and Unmanned Aerial Vehicle.
  • By Component, the market is classified into Antenna, Receiver, and Transmitter.
  • By Global Positioning System, Load Cell, Torque, and Weather Prediction, the market is classified into Global Positioning System, Load Cell, Torque, and Weather Prediction.
  • By Application, the market is classified into Air Vehicle Test, Distributed Data Acquisition System, Flight Test Instrumentation, and Unmanned Avionics.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

  • AIRtec, Inc.
  • BAE Systems PLC
  • Cobham PLC
  • Curtiss-Wright Corp.
  • Dassault Aviation SA
  • Honeywell International, Inc.
  • Kongsberg Gruppen ASA
  • L-3 Communications Holdings, Inc.
  • Leonardo S.p.A.
  • Mistral Solutions Pvt. Ltd.
  • Orbit Technologies Ltd.
  • Raytheon Technologies Corp.
  • Safran SA
  • L3Harris Technologies, Inc.
  • AERO TELEMETRY
  • Trident Infosol

For more information about this report visit https://www.researchandmarkets.com/r/h8imnb

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Global Airborne Telemetry Market

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