PUBLISHER: The Business Research Company | PRODUCT CODE: 1657007
PUBLISHER: The Business Research Company | PRODUCT CODE: 1657007
Telemetry is the automated process of measuring and wirelessly transmitting data from distant sources. In the health and medical sectors, it is utilized as WMTS (wireless medical telemetry services) to assess various patient health parameters. Sensors positioned at the source measure either electrical data, such as voltage or current, or physical data, such as temperature or pressure. These measurements are converted into specific electrical voltages. A multiplexer then combines these voltages, along with timing data, into a unified data stream for transmission to a remote receiver.
Telemetry employs a range of sensors, including pressure sensors, position sensors, vehicle dynamics sensors, torque sensors, GPS sensors, temperature sensors, vibration sensors, weather prediction sensors, strain gauge sensors, voltage sensors, load cell sensors, resistance sensors, current sensors, magnetic RPM sensors, displacement sensors, and optic RPM sensors. Pressure sensors, for instance, gauge pressure in gases or liquids. The components involved in telemetry include both hardware and software. Technologies encompass wire-link, wireless telemetry systems, data loggers, acoustic telemetry, and digital telemetry. Various applications of telemetry span healthcare, consumer products, aerospace and defense, industry and automation, agriculture and wildlife monitoring, logistics and transportation, marine and oceanography, energy and power, oil and gas exploration, and hydrography.
The telemetry market research report is one of a series of new reports from The Business Research Company that provides telemetry market statistics, including telemetry industry global market size, regional shares, competitors with a telemetry market share, detailed telemetry market segments, market trends, and opportunities, and any further data you may need to thrive in the telemetry industry. This telemetry market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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.
The telemetry market is expected to grow due to the rising incidence of cardiovascular diseases and related mortality. Cardiovascular conditions, which affect the heart and blood vessels, have led to an increased demand for cardiac telemetry units. These units are equipped in patient rooms with vital sign monitors that continuously transmit critical data such as heart rate, breathing, and blood pressure to a central location. For example, in May 2024, the Centers for Disease Control and Prevention (CDC), a US-based government agency, reported that there were 702,880 deaths attributed to heart disease in the United States in 2022, with 371,506 of those resulting from coronary artery disease. Furthermore, approximately 805,000 individuals suffer a heart attack each year in the country. This rise in cardiovascular cases and associated mortality is a key factor driving the growth of the telemetry market.
The expanding automotive industry is expected to drive the growth of the telemetry market in the coming years. The automotive industry encompasses a wide range of businesses and organizations engaged in the design, development, production, and modification of motor vehicles. Telemetry plays a crucial role in this sector by providing real-time data and insights that enhance vehicle performance, driver safety, and overall fleet management. For example, in May 2023, a report from the European Automobile Manufacturers' Association (ACEA) stated that 85.4 million motor vehicles were produced globally in 2022, marking a 5.7% increase compared to 2021. Therefore, the growth of the automotive industry is fueling the expansion of the telemetry market.
Major companies in the ambulatory surgical center IT services market are actively pursuing strategic expansions through collaborations to innovate and improve launch vehicle telemetry solutions. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in December 2023, Viasat, Inc. formed a partnership with Safran Data Systems to jointly launch InRange into the market. This initiative allows launch providers and spaceports to transmit telemetry data from launch vehicles during their flight paths without relying on ground networks. InRange utilizes Viasat's global L-band satellite fleet-now under its management following the acquisition of Inmarsat in May-to provide real-time telemetry data for launch missions. This space-based communication solution enables launch mission controllers to monitor mission performance beyond the line of sight, removing the necessity for ground communications infrastructure.
Major companies in the telemetry market are also emphasizing the introduction of telemetry platforms to gain a competitive edge. Circonus Telemetry Cloud is an example of an all-in-one observability platform that provides comprehensive monitoring and analysis of an enterprise's systems and applications. Launched by Circonus in August 2023, this platform integrates telemetry data intake, visualization, analytics, and storage, catering to enterprises of various sizes and addressing the growing demand for telemetry.
In February 2023, Delta Information Systems Inc., a U. S. -based company, acquired Telemetry and Communications Systems Inc. This strategic acquisition is expected to expand Delta Information Systems Inc. 's solutions for the aerospace and defense sectors, enhancing its presence in the telemetry market. Telemetry and Communications Systems Inc., a U. S. -based communications equipment company, specializes in designing and manufacturing telemetry and communication systems for the aerospace and defense industries.
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
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
The countries covered in the telemetry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The telemetry market consists of revenues earned by entities by providing telemetry components such as transducers and transmission medium. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Telemetry Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on telemetry market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for telemetry ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The telemetry market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.