FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 4181
Companies: 43 – Players covered include BAE Systems PLC; Cobham PLC; Collins Aerospace; Honeywell International, Inc.; Kongsberg Gruppen ASA; L3 Technologies, Inc.; Leonardo S.p.A; Orbit Communications Systems Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Platform (Fixed Wing, Rotary Wing, Other Platforms); Technology (Wired, Wireless)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Airborne Telemetry Market to Reach $10.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Airborne Telemetry estimated at US$8.5 Billion in the year 2020, is projected to reach a revised size of US$10.6 Billion by 2026, growing at a CAGR of 3.5% over the analysis period. Wired, one of the segments analyzed in the report, is projected to record 3% CAGR and reach US$6.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wireless segment is readjusted to a revised 4.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.4 Billion in 2021, While China is Forecast to Reach $1.7 Billion by 2026
The Airborne Telemetry market in the U.S. is estimated at US$2.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2026 trailing a CAGR of 3.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. More
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