Aerospace and Defense Telemetry Outlook - Market size, segmentation, market share and competitive landscape (2016-2021)
The Global Aerospace and Defense Telemetry Market is expected to grow at a CAGR of 3.71% to reach $ X.XX billion by the year 2020. Telemetry is extremely vital for the Aerospace and Defense sector as it allows an uninterrupted network of communications with the systems by which the ground stations can access real time and accurate data. After the success of Unmanned Aerial Vehicles in real combat situations in Iraq and Afghanistan, there popularity around the world has soared. Thus the demand for a wider spectrum for communication with them has also increased. The Telemetry Systems can give the UAVs uninterrupted and seamless long range wireless communications. This feature is one of the major factors driving the global telemetry market. Modern Warfare has grown tremendously and with the influx of smart weapons and systems in all applications, the need for efficient transmission of information has increased tremendously which is contributing to the growth of the telematics market.
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