Airborne Telemetry Market Study Landscape And Industry Innovations Encountered Huge Growth
The global airborne telemetry market is expected to grow at a steady pace over the period of forecast, from 2019 to 2027.The global airborne telemetry market is likely to gain momentum from its extensive use in numerous applications. Key ones include oil and gas industry, rocketry, metrology, resource distribution, space science, communication, agriculture and energy monitoring, military intelligence, technology, transportation, navigation, medical and healthcare, and flight testing.
The global airborne telemetry market has been segmented based on application, technology, component, platform, sensor, and region. Based on technology, the market has been sub-divided into wired telemetry and wireless telemetry. The segment of wireless telemetry is likely to witness significant growth over the period of assessment, thanks to its wide use in communication between passenger aircraft and air traffic control towers.
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Airborne Telemetry Market: Notable Developments
There has been a few key developments related to the globalairborne telemetrymarket and one of them is:
- Connecticut-based United Technologies Corp. (UTC) acquired Rockwell Collins in November 2018. This acquisition created a new entity and named it Collins Aerospace Systems, which now offers software, mechanical, and electrical solutions. The acquisition is thus expected to consolidate the position of the company in the airborne telemetry market with a wide variety of offerings and expanded global reach.
Some of theleading market vendors of the global airborne telemetrymarket are as follows:
- Honeywell International Inc
- L-3 Communications Holdings Inc.
- Rockwell Collins Inc.
- BAE Systems plc
- Cobham PLC
- Leonardo S.p.A.
- Dassault Aviation SA
- Curtiss-Wright Corporation
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