LEO equipment mart to acquire by $7.13 billion: inform – Notice Global Online

News

July 17, 2024

NEW YORK, New York. The orbicular LEO equipment mart module process by $7.13 1000000000 from 2023 finished 2027 for a bilobed period ontogeny evaluate of $15.92%, a newborn inform predicts.

The Technavio inform states that ascension obligation for connector observation-related applications is dynamical the growth, “with a way towards ontogeny satellite-based telemetry applications.”

Key players in the accumulation business allow Honeywell International, Inmarsat Global, Zion Aerospace Industries, L3Harris, Lockheed Martin, biochemist Grumman, Raytheon, Thales, Boeing, BAE Systems, and more.

“Satellite telemetry is extensively utilised in accumulation and expeditionary applications,” the inform states. “The US employs it to wage equipment tracking, telemetry, and commands to its users via connector antennas worldwide. The US Space-Based Infrared System (SBIRS) intelligence satellites substance strategic ballistic arm warning capabilities, enhanced with dual-band telemetry and chase and act capabilities.”