Global Telemetry Market Forecast to 2025: Business Development Strategies, Geographic Overview by Leading Players, Latest Trends and Competitive Landscape Report
Global Telemetry Market By Technology (Wire-Link, Wireless Telemetry, Digital Telemetry and Acoustic Telemetry), By Component, By Application (Healthcare/ Medicine, Vehicle Telemetry, Others), By Sensor, By Geographical Segments
Pune, India -- (SBWire) -- 09/07/2018 --Our updated research report on the Telemetry market analyses the critical aspects of the focus market based on the changing industry situation, market demands and business development strategies used by the prominent Key vendors. The Telemetry Market is a synopsis to the study of ICT industry and the report also provides valuable insights about the leading drivers, upcoming trends, applications and challenges, determined by our Experts. SWOT analysis is the method to tell any market's strengths and weaknesses (i.e. drivers and restrains) so that you know on what to stick and what to avoid, this report not only consists SWOT analysis but also provides with the CAGR value fluctuation on the Forecast period of 2018 -2025. This report on Telemetry market helps understand what the global trends are and how the key players and brands are dominating the Telemetry market when it comes to their recent research, joint ventures, merges, product launches and accusations at global level.
The global telemetry market accounted for USD 110.4 billion in 2017 and is projected to grow at a CAGR of 14.8% the forecast period of 2018 to 2025.
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Well known players of global telemetry market are Siemens, GE, Rogers Communications, BMW Group, Philips, Lindsay Corporation, Schneider Electric, Verizon, Honeywell, BioTelemetry, Inc., Schlumberger, Sierra Wireless, IBM, Astro-Med GmbH, KONGSBERG, L3 Technologies, Cobham, Leonardo, Philips – Healthcare, Spacelabs Healthcare, Nihon Kohden America, Nihon Kohden, NIHON KOHDEN EUROPE GmbH and others.
By applications, the market is segmented into
- healthcare/ medicine,
- vehicle telemetry (telematics),
- retail telemetry,
- aerospace and defense,
- logistics and transportation,
- oil & gas,
- energy and power utilities and others
Based on geography the global telemetry market report covers data points for 28 countries across multiple geographies such as
- North America,
- South America,
- Asia-Pacific and
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
By solutions, the market is segmented into
- wireless telemetry,
- digital telemetry,
- data loggers and
- acoustic telemetry
By services, the market is segmented into
- telemetry transmitter and
- components of receiver
By sensor, the market is segmented into
- optical rpm sensors,
- vehicle dynamics sensors,
- GPS sensors,
- magnetic rpm sensors,
- resistance sensors,
- temperature sensors,
- torque sensors,
- current/voltage sensors,
- position sensors,
- displacement sensors,
- pressure sensors,
- vibration sensors,
- load cell sensors and
- phasor sensors
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The global telemetry market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of telemetry market for global, Europe, North America, Asia Pacific and South America.
Major market drivers and restraints
- Growing adoption of cloud technologies.
- Integration of smart devices with big data technology.
- Supportive government initiatives paired with growing R&D initiatives.
- Lack of unskilled labor.
- Huge investment and maintenance costs.
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