Research and Markets has announced the addition of the "Airborne Telemetry Market by Application, Technology (Wired, Wireless), Platform, Component (Receiver, Transmitter, Antenna), Sensor (GPS, Load Cell, Torque, Weather Prediction) And Region - Global Forecast to 2021" report to their offering.

The airborne telemetry market is projected to grow from USD 7.08 billion in 2016 to USD 8.52 billion by 2021, at a CAGR of 3.78% during the forecast period

"Huge R&D investments in technological advancements for defense operations is expected to be one of the key factors expected to drive the market

The market is mainly driven by factors, such as increase in R&D investment in technological advancements, growth in network centric military communication, and increased use of cloud computing in telemetry. However, factors, such as defense budget cuts in various countries across the globe may restrain the growth of this market.

The wireless telemetry segment is estimated to be the largest segment of the market in 2016, as wireless telemetry is widely used for data transferred between aircraft and the air traffic controller tower using radio frequency and satellites. End users of wireless telemetry systems are ATC, airlines, aircraft manufacturing companies.

The fixed wing segment is estimated to be the largest segment of the market in 2016. The rising air passenger traffic globally, has led to increase in aircraft deliveries. This is consequently expected to propel the demand for airborne telemetry systems for commercial aircraft.

Based on sensor, the global positioning system (GPS) segment is estimated to be the largest segment of the market in 2016

Based on sensor type, the GPS segment is estimated to be the largest segment of the airborne telemetry market in 2016. GPS sensors are extensively used aircraft to obtain information about the latitude and longitude coordinates as well as speed of aircraft.

Major companies profiled in the report are BAE Systems, PLC (U.S.), Honeywell International (U.S.), L-3 Communications Holdings, Inc. (U.S.), and Cobham PLC. (U.K.).

Companies Mentioned

- BAE Systems Plc.

- Cobham Plc

- Honeywell International Inc.

- Kongsberg Gruppen ASA

- L-3 Communications Holdings, Inc.

- Leonardo-Finmeccanica

- Orbit Technologies Ltd.

- Rockwell Collins, Inc.

- Zodiac Aerospace

For more information about this report visit http://www.researchandmarkets.com/research/6qtvbj/airborne