Aerospace and Defense Telemetry Market

Market Leadership - Aerospace and Defense Telemetry Market

MarketsandMarkets: The Aerospace and Defense Telemetry Market is estimated to be USD 1.4 billion in 2022 and is projected to reach USD 2.0 billion by 2027, at a CAGR of 6.9% from 2022 to 2027. The market is driven by factors such as increase in airspace modernization programs, increasing demand for military UAVs, development of compact telemetry systems for UAVs, etc.

L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin (US), Maxar Technologies (US) are some of the leading companies in this market. The focus of these players is to provide rugged and reliable telemetry system, sub-systems and components which can be used on various different defence & commercial platforms. Their Research and Development (R&D) activities makes their hold on this market even stronger.

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L3harris Technologies: L3harris Technologies is a key manufacturer of Aerospace and Defense Telemetry. It has a strong global distribution network and a broad product portfolio with varied applications. The company focuses on delivering scalable and affordable systems that increase accuracy and ruggedness.

Honeywell International Inc: This is one of the leading manufacturers and distributors of Aerospace and Defense Telemetry. Over the years, it has built a reliable distribution network that can reach the majority of its potential markets. It has a successful track record of integrating complementary firms through mergers and acquisitions.

General Dynamics Corporation: General Dynamics Corporation has built a strong culture among distributors and dealers. Dealers not only promote the company’s products but also invest in training the sales team to explain to the customers how they can extract the maximum benefits out of the products. Over the years, it has invested in building a strong brand portfolio.

Lockheed Martin Corp.: The company is focused on the research & development of new technologies. It develops high-tech, technologically advanced telemetry systems and components. It is a key supplier to the US, European, and Asian Pacific countries.

Maxar Technologies: It has become one of the top players in the Aerospace and Defense Telemetry Market in recent years, with major competitors such as General Dynamics Corporation (US), Honeywell International Inc. (US), L3Harris Technologies (US), etc. The company has a presence in the US, Canada, Asia, Europe, South America, and Australia.

Related Reports:

Aerospace and Defense Telemetry Market by Platform (Ground, Airborne, Marine, Space, Weapons, UAVs), Technology (Wired and Wireless Telemetry), Component ( Receiver, Transmitter, Antenna, Processors), Application, Region - Forecast to 2027

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Report Code
AS 2238
RI Published ON
5/4/2022
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