Telemetry market is anticipated to grow at a CAGR of 14.2% during the forecast period (2023-2030). Telemetry is the collection of measurements or other data at remote points and their automatic transmission to receiving equipment (telecommunication) for monitoring. the telemetry market is driven by the growing demand for telemetry solutions in a variety of industries, such as healthcare, manufacturing, transportation, and energy. It provides real-time data and insights into the performance of systems and devices.
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The global Telemetry market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Asia pacific is anticipated to hold a prominent share of the market across the globe, owing to rising concerns about security and compliance in the region. As it can be used to collect data about security events and compliance violations. This data can be used to identify and remediate security threats, and to demonstrate compliance with regulations.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Telemetry Market by Technology
- Wire-link Technology
- Wireless Technology
- Digital Telemetry
- Data Loggers & Acoustics
Global Telemetry Market by Application
- Automation
- Energy Utilities
- Oil & Gas
- Aerospace & Defense
- Healthcare
- Others (vehicle)
Company Profiles
- Astro-Med, Inc.
- Bayerische Motoren Werke AG (BMW)
- Cobham Plc
- Finmeccanica SPA
- Honeywell International Inc.
- Kongsberg Gruppen
- L-3 Communications Holdings Inc.
- Lindsay Corp.
- Philips Healthcare
- Rogers Communications, Inc.
- Schlumberger Ltd.
- Schneider Electric SE
- Sierra Wireless, Inc.
- Verizon Communications, Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Telemetry market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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