Telemetry Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Sensor, Technology, Application, and Region

The Telemetry Market was valued at US $ 233.6 Bn. in 2020. Global Telemetry Market size is estimated to grow at a CAGR of 11.2%.

Telemetry Market Overview:

Telemetry is the automatic collection, recording, and transmission of data in the form of measurements or statistical data from remote or inaccessible sources to an IT system from another location for monitoring and analysis. The telemetry data is collected by using radio, infrared, GSM, satellite or cable, and ultrasonic, which is dependent on application. In software development applications, telemetry is used for the detection of bugs and issues and it offers better visibility in performance without feedback from users. Telemetry Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Telemetry Market Dynamics:

Growing usage of Telemetry devices in the Healthcare Industry:

The growing adoption of telemetry devices in the healthcare sector for monitoring cardiac abnormalities is driving the telemetry market growth across the globe. The rising prevalence of cardiovascular diseases (CVDs) across the globe is boosting the demand for telemetry devices. For instance, 0.0179 billion people die each year from CVDs, an estimated 32% of all deaths across the globe. Telemetry devices are highly beneficial for addressing the requirements of patients who are vulnerable to CVDs.

High Adoption in Aerospace and Defense Sector:

Growing adoption of telemetry devices in military applications, such as intercepted telemetry in guided missiles, armored vehicles, aircraft, marine ships, land systems, and UAVs are driving the telemetry market growth during the forecast period. In addition, increasing expenditure on the defense industry from several governments of countries across the globe is expected to increase the adoption of telemetry devices, which in turn is expected to uplift the telemetry market growth across the globe. For instance, the U.S. has allocated more than the US $ 770 billion to the defense sector in 2021. The growing demand for cloud computing across several end-use industries such as automation, healthcare, logistics, military intelligence, and aerospace and defense sector is expected to drive the telemetry market during the forecast period. However, high initial investment costs and consumer awareness are expected to hamper the telemetry market growth during the forecast period.

Military Expenditure by Countries in 2021 (In USD Billion):

Telemetry Market 1

Telemetry Market Segment Analysis:

Based on The Sensor, the Telemetry Market is segmented into Optical RPM Sensors, Position Sensors, and Vehicle Dynamics Sensors. The Optical RPM Sensors segment held the largest market share, accounting for XX% in 2020. The Optical RPM Sensors are used to identify the number of rotations per minute of the object to which it is attached via the use of light. The Growing adoption of this segment in the aerospace and defense sector is primarily driving the telemetry market growth during the forecast period. Based on The Technology, the Telemetry Market is segmented into Wire-link Technology, Wireless Technology, Digital Telemetry, and Data Loggers & Acoustics. The Wireless Technology segment held the largest market share, accounting for 39% in 2020. The growing use of portable devices in the defense and commercial sector for data collection, transfer, and storage by wireless technology is expected to drive the telemetry market growth for this segment. For instance, the growing adoption of telemetry technology in healthcare systems including wireless cardiac monitors and advanced wireless medical telemetry services are fuelling the product demand for this segment. Telemetry Market 2 Based on The Application, the Telemetry Market is segmented into Automation, Energy Utilities, Oil & Gas, Aerospace & Defense, Healthcare, and others. The Healthcare segment held the largest market share, accounting for 32% in 2020. The segment growth is attributed to increased usages of telemetry devices in the healthcare industry for medical monitoring of biological signals including EEG, EOG, and EKG. The Energy Utilities segment is expected to witness significant growth at a CAGR of XX % during the forecast period. An increase in the use of telemetry sensors for communication between system assembly and power supply devices to find out the consumption of power is driving the telemetry market growth for this segment.

Global Telemetry Market Regional Insights:

North America region held the largest market share accounted for 37.4% in 2020. The region's growth is attributed to rapid automation along with the presence of major manufacturers in the region. North America Automation market was valued at US $ 35.4 billion in 2020, is expected to grow at a CAGR of 4.3% during the forecast period, which shows tremendous growth opportunities for the telemetry market in the automation industry during the forecast period. In addition, favorable government policies, increasing R&D investment, and rising demand for telemetry in various applications, such as connected car concept, lighting management, smart meters for energy utilization, and smart sensors are expected to uplift the telemetry market growth during the forecast period. Asia Pacific region is expected to witness significant growth at a CAGR of 9.1% during the forecast period. The growing healthcare industry in several countries, such as India, China, and Japan along with the growing adoption of telemetry devices for monitoring purposes is driving the telemetry market growth in the region. In addition, increasing per capita income along with growing government initiatives to develop telemetry infrastructure in the region are expected to fuel the telemetry market growth in the region during the forecast period. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Telemetry Market dynamic, structure by analyzing the market segments and projecting the Telemetry Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Telemetry Market make the report investor’s guide.

Global Telemetry Market Scope: Inquire before buying

Global Telemetry Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 233.6 Bn.
Forecast Period 2021 to 2027 CAGR: 11.2% Market Size in 2027: US $ 491.14 Bn.
Segments Covered: by Sensor • Optical RPM Sensors • Position Sensors • Vehicle Dynamics Sensors
by Technology • Wire-link Technology • Wireless Technology • Digital Telemetry • Data Loggers & Acoustics
by Application • Automation • Energy Utilities • Oil & Gas • Aerospace & Defense • Healthcare • Others

Global Telemetry Market, by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Global Telemetry Market Key Players

• KMT GmbH • PCB Piezotronics Inc. • TUALCOM • Schneider Electric • Philips Healthcare • GE Healthcare • Siemens • Honeywell International Inc. • Lumistar • GDP Space Systems • Omega Engineering • A1 Falconry UK • Radio Modules Limited • RF Monolithics • Safran Group • uAvionics

Frequently Asked Questions:

1] What segments are covered in the Telemetry Market report? Ans. The segments covered in the Telemetry Market report are based on Sensor, Technology, and Application. 2] Which region is expected to hold the highest share in the Telemetry Market? Ans. The North America region is expected to hold the highest share in the Telemetry Market. 3] What is the market size of the Telemetry Market by 2027? Ans. The market size of the Telemetry Market by 2027 is US $ 491.14 Bn. 4] What is the forecast period for the Telemetry Market? Ans. The Forecast period for the Telemetry Market is 2020-2027. 5] What was the market size of the Telemetry Market in 2020? Ans. The market size of the Telemetry Market in 2020 was US $ 233.6 Bn.
1. Global Telemetry Market Size: Research Methodology 2. Global Telemetry Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Telemetry Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Telemetry Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Telemetry Market Size Segmentation 4.1. Global Telemetry Market Size, by Sensor (2020-2027) • Optical RPM Sensors • Position Sensors • Vehicle Dynamics Sensors 4.2. Global Telemetry Market Size, by Technology (2020-2027) • Wire-link Technology • Wireless Technology • Digital Telemetry • Data Loggers & Acoustics 4.3. Global Telemetry Market Size, by Application (2020-2027) • Automation • Energy Utilities • Oil & Gas • Aerospace & Defense • Healthcare • Others 5. North America Telemetry Market (2020-2027) 5.1. Global Telemetry Market Size, by Sensor (2020-2027) • Optical RPM Sensors • Position Sensors • Vehicle Dynamics Sensors 5.2. Global Telemetry Market Size, by Technology (2020-2027) • Wire-link Technology • Wireless Technology • Digital Telemetry • Data Loggers & Acoustics 5.3. Global Telemetry Market Size, by Application (2020-2027) • Automation • Energy Utilities • Oil & Gas • Aerospace & Defense • Healthcare • Others 5.4. North America Telemetry Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Telemetry Market (2020-2027) 6.1. European Telemetry Market, by Sensor (2020-2027) 6.2. European Telemetry Market, by Technology (2020-2027) 6.3. European Telemetry Market, by Application (2020-2027) 6.4. European Telemetry Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Telemetry Market (2020-2027) 7.1. Asia Pacific Telemetry Market, by Sensor (2020-2027) 7.2. Asia Pacific Telemetry Market, by Technology (2020-2027) 7.3. Asia Pacific Telemetry Market, by Application (2020-2027) 7.4. Asia Pacific Telemetry Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Telemetry Market (2020-2027) 8.1. The Middle East and Africa Telemetry Market, by Sensor (2020-2027) 8.2. The Middle East and Africa Telemetry Market, by Technology (2020-2027) 8.3. The Middle East and Africa Telemetry Market, by Application (2020-2027) 8.4. The Middle East and Africa Telemetry Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Telemetry Market (2020-2027) 9.1. Latin America Telemetry Market, by Sensor (2020-2027) 9.2. Latin America Telemetry Market, by Technology (2020-2027) 9.3. Latin America Telemetry Market, by Application (2020-2027) 9.4. Latin America Telemetry Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. KMT GmbH 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. PCB Piezotronics Inc. 10.3. TUALCOM 10.4. Schneider Electric 10.5. Philips Healthcare 10.6. GE Healthcare 10.7. Siemens 10.8. Honeywell International Inc. 10.9. Lumistar 10.10. GDP Space Systems 10.11. Omega Engineering 10.12. A1 Falconry UK 10.13. Radio Modules Limited 10.14. RF Monolithics 10.15. Safran Group 10.16. uAvionics

About This Report

Report ID 116794
Category Aerospace and Defense
Published Date Aug 2021
Updated Date Dec 2021
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