Global Telemetry Market is valued at approximately USD X.X billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX .X% over the forecast period 2022-2028. Telemetry is an automated communication method that collects and measures data in remote or inaccessible locations with the goal of monitoring by way of automatic transmission to the receiving end, which is typically referred to as the host location or monitoring station. It is used to manage complicated infrastructure via a wireless communication network and to monitor the environment. Growing cloud computing market, integration of smart devices with big data and, wide range of applications are the reasons behind the growth of Telemetry Market across the forecast period. For Instance: in September 2020, Accenture announced an investment of $3 billion in forming the Accenture Cloud First to assist clients across different industries to become cloud-first businesses and accelerate digital transformation. Furthermore, in May 2022, India-based Byju', a supplier of e-Learning software solutions, was in talks with banks including JP Morgan Chase & Co. and Morgan Stanley to seek money to acquire another edtech company in order to increase its global reach and market share in the e-Learning industry.
The key regions considered for the Global Telemetry Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the surge in cloud computing technology, and increasing investments in R&D. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as applications in varied sectors and growth in the cloud computing applications are expected to drive the telemetry applications which would create lucrative growth prospects for the Telemetry Market across Asia-Pacific region.
Major market players included in this report are:
Siemens AG
GE Healthcare
Astro-Med Inc.
Lindsay Corporation
Philips Healthcare
Schneider Electric
IBM Corp.
Honeywell International Inc.
Schlumberger Ltd.
Verizon Communications Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Wire-Link or Wired Telemetry
Wireless Telemetry Systems Data Loggers
Acoustic Telemetry
Digital Telemetry
By components:
Telemetry Transmitter
Telemetry Receiver
Encoder
Modulator
Antenna
By Applications:
Healthcare/ Medicine
Energy and Power Utilities
Vehicle Telemetry
Retail Telemetry
Aerospace and Defense
Automation Telemetry
Agriculture Telemetry
Wildlife
Logistics and Transportation
Testing & Security
Oil & Gas
Hydrography
Oceanography
By Sensors:
Vehicle Dynamics Sensors
Load Cell Sensors
GPS sensor
Pressure Sensors
Temperature Sensors
Vibration Sensor
Weather Prediction Sensors
Torque Sensor
Current/Voltage Sensors
Resistance Sensors
Position Sensors
Displacement Sensors
Magnetic Rpm Sensors
Optical Rpm Sensors
Phasor Sensors
MEMS Technology
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Telemetry Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
