The Business Research Company’s report on the Telemetry Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the telemetry industry?
The rising cardiovascular cases and associated mortality are expected to propel the growth of the telemetry market going forward. Cardiovascular is related to or involving the heart and blood vessels. A cardiac telemetry unit involves several patient rooms with vital sign monitors that will continuously transmit data, such as the heart rate, breathing, and blood pressure, to a nearby location. For instance, in December 2022, according to the American College of Cardiology, a US-based non-profit organization, In 2021, there were approximately 1.87 million cardiovascular-related deaths worldwide, representing 3.47 million deaths in total (with a 95% confidence interval of 1.44-2.34 million for cardiovascular deaths and 2.93-4.00 million for total deaths). Therefore, the rising cardiovascular cases and associated mortality are driving the telemetry market growth.
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What is the estimated market size of the telemetry sector by 2029, based on current forecasts?
The telemetry market size has grown strongly in recent years. It will grow from $290.58 billion in 2024 to $318.15 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to operational efficiency and safety, regulatory requirements, automotive and transportation, oil and gas industry adoption, aerospace, and aviation.
The telemetry market size is expected to see rapid growth in the next few years. It will grow to $545.66 billion in 2029 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to rapid IoT expansion, 5g and connectivity advancements, remote monitoring demand, data-driven decision-making, predictive maintenance adoption. Major trends in the forecast period include industry-specific applications, security and data privacy, rise of edge computing, environmental monitoring, smart cities and infrastructure.
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#Who are the top players in the telemetry market?
Major companies operating in the telemetry market include BAE Systems plc, Lockheed Martin Corporation, L3Harris Technologies Inc. (formerly L3 Technologies Inc. ), Safran S. A., Cobham plc, Honeywell International Inc., Thales Group, Orbit Communication Systems Ltd., Dassault Aviation SA, Curtiss-Wright Corporation, Raytheon Technologies Corporation, AstroNova Inc., Leonardo S. p. A., General Dynamics Corporation, Northrop Grumman Corporation, General Electric Company, Maxar Technologies Inc., RUAG International Holding AG, Advantech Co. Ltd., Digi International Inc., Eurotech S. p. A., Gilat Satellite Networks Ltd., Kongsberg Gruppen ASA, Rockwell Collins Inc., Sierra Wireless Inc., Textron Systems Corporation, Trimble Inc., VectorNav Technologies LLC, Xylem Inc., Zebra Technologies Corporation, ABB Ltd., Emerson Electric Co., Schneider Electric SE, Siemens AG, Yokogawa Electric Corporation
#What are the major trends in the telemetry market?
Major companies operating in the ambulatory surgical center IT services market are involved in strategic expansions in the form of collaborations to innovate and enhance launch vehicle telemetry solutions. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in December 2023, Viasat, Inc. partnered with Safran Data Systems to collaboratively launch InRange to the market, enabling launch providers and spaceports to transmit telemetry data from launch vehicles during their flight paths without depending on ground networks. InRange leverages Viasat’s global L-band satellite fleet—now under its operation following the acquisition of Inmarsat in May—to deliver real-time telemetry data for launch missions. This space-based communication solution will enable launch mission controllers to track mission performance beyond the line of sight, eliminating the need for ground communications infrastructure.
Which geography holds the highest telemetry market share?
North America was the largest region in the telemetry market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telemetry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How do different segments contribute to the overall expansion of the telemetry market?
The telemetry market covered in this report is segmented –
1) By Sensors Components: Pressure Sensors, Position Sensors, Vehicle Dynamics Sensors, Torque Sensors, GPS Sensors, Temperature Sensors, Vibration Sensors, Weather Prediction Sensors, Strain Gauge Sensors, Others Sensor Components
2) By Components Type: Hardware, Software
3) By Technology Types: Wire-Link, Wireless Telemetry System, Data Loggers, Acoustic Telemetry, Digital Telemetry
4) By Application Types: Healthcare, Consumer, Aerospace And Defense, Industry And Automation, Agriculture And Wildlife, Logistics And Transportation, Marine And Oceanography, Energy And Power, Oil And Gas, Hydrography
Subsegments:
1) By Pressure Sensors: Tire Pressure Monitoring Sensors, Oil Pressure Sensors, Fuel Pressure Sensors, Brake Pressure Sensors
2) By Position Sensors: Throttle Position Sensors, Steering Angle Sensors, Gear Position Sensors, Pedal Position Sensors, Camshaft Or Crankshaft Position Sensors
3) By Vehicle Dynamics Sensors: Inertial Measurement Units (IMU), Gyroscopes, Accelerometers, Yaw Rate Sensors, Lateral Or Longitudinal Acceleration Sensors
4) By Torque Sensors: Engine Torque Sensors, Shaft Torque Sensors, Transmission Torque Sensors, Steering Torque Sensors
5) By GPS Sensors: GNSS (Global Navigation Satellite System) Sensors, Real-Time Kinematic (RTK) GPS Sensors, Differential GPS (DGPS) Sensors, Autonomous GPS Sensors
6) By Temperature Sensors: Engine Coolant Temperature Sensors, Exhaust Gas Temperature Sensors, Ambient Temperature Sensors, Battery Temperature Sensors
7) By Vibration Sensors: Engine Vibration Sensors, Chassis Vibration Sensors, Suspension Vibration Sensors
8) By Weather Prediction Sensors: Barometric Pressure Sensors, Humidity Sensors, Rain Sensors, Wind Speed And Direction Sensors
9) By Strain Gauge Sensors: Load Monitoring Strain Gauges, Structural Health Monitoring Strain Gauges
10) By Others: Voltage Sensors, Alternator Voltage Sensors, Electric Motor Voltage Sensors, Force Measurement Load Cells, Weight Measurement Load Cells, Suspension Load Cells, Variable Resistor Sensors (Potentiometers), Thermistors (Temperature-Dependent Resistors),Hall Effect Current Sensors, Inductive Current Sensors, Shunt Resistor Current Sensors,Wheel Speed Sensors (Magnetic), Crankshaft Or Camshaft RPM Sensors, Linear Variable Differential Transformers (LVDT), Potentiometric Displacement Sensors, Capacitive Displacement Sensors, Optical Shaft Encoders, Optical Tachometers, Laser-Based RPM Sensors
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How is the telemetry market defined, and what are its core characteristics?
Telemetry refers to the automatic measurement and wireless transmission of data from remote sources. The telemetry is used in the health/medical sectors as WMTS (wireless medical telemetry services) to quantify patient health parameters. Sensors at the source will measure either electrical data (such as voltage or current) or physical data (such as temperature or pressure). These measurements have been converted to specific electrical voltages. A multiplexer will combine the voltages, along with timing data into a single data stream for transmission to a remote receiver.
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