The airborne telemetry market report covers all types of aircraft containers and telemetry devices and systems used in the defense application, including systems used for high volume data transfer, tactical communication, and sharing of real time information with ground support. The airborne telemetry market is estimated to be USD 7.08 Billion in 2016 and is projected to reach USD 8.52 Billion by 2021, at a CAGR of 3.78% during the forecast period. The growing use of software defined radio technology, emergence of modern electronic warfare and network-centric warfare systems, and the increased use of wireless and cloud computing technologies are some reasons that are expected to fuel the demand for airborne telemetry systems.
Key manufacturers in the airborne telemetry market are BAE Systems (U.K.), Honeywell International, Inc. (U.S.), L-3 Communications Holdings, Inc. (U.S.), Rockwell Collins, Inc. (U.S.), and Cobham PLC. (U.K.). These companies accounted for a major share of the airborne telemetry market and have their manufacturing facilities in regions, such as North America, Europe, and Asia-Pacific. These companies adopted strategies, such as contracts, new product launches, and agreements, among others, to increase their market shares.
For instance, BAE Systems Plc launched MATRICs (Microwave Array Technology for Reconfigurable Integrated Circuits) chip. MATRICs addressed the requirements of communications, electronic warfare, and signal intelligence systems. BAE Systems singed a contract with the U.S. Army Intelligence and Security Command (INSCOM) to supply improved geospatial intelligence technical and diagnostic support. It was a five-year contract worth USD 75 million.
Honeywell International Inc. launched SmartViewTM synthetic vision system in August 2016. This system is expected to provide pilots the most forward-looking view of terrains, obstacles, and runways in their planned route. This helped pilots to improve the safety of flight and increase the situational awareness at high level for safety of the crew, passengers, and aircraft.
Konsberg Gruppen ASA (Norway) signed multiple agreements in defense sector to maintain its dominance in Europe. Furthermore, Kongsberg and Indra Navia (Norway) launched remote-operated air traffic control towers. This was the industry’s first attempt to launch this innovative product in the sector of international air transport.
Airborne Telemetry Market by Application, Technology (Wired, Wireless), Platform, Component (Receiver, Transmitter, Antenna), Sensor (GPS, Load Cell, Torque, Weather Prediction) And Region - Global Forecast to 2021
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