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 Attribute | Details |
| No. of Pages | 243 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $8 Billion |
| Forecasted Market Value (USD) by 2030 | $10.2 Billion |
| Compound Annual Growth Rate | 3.1% |
| Regions Covered | Global |
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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