Press release
High Altitude Platform Market is Moving Fast| Key Players are AeroVironment, Airbus, IAI - Israel Aerospace Industries, Lockheed Martin, Rafael Advanced Defense Systems, Raytheon, Thales
High Altitude Platform Market
Statistically, it has been observed that the application scope and involvement of special deep-pocketed proponents have significantly led high altitude platform market to cross the billion-dollar frontier in 2016. According to the estimates provided by Global Market Insights, Inc., high altitude platform market was over USD 1 billion in 2016 and is expected to surpass a valuation of USD 1.5 billion, expanding at 5% CAGR over 2017-2024.
Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/683
Speaking of the prominent companies expanding their reach in the high altitude platform market, the social media giant Facebook and leading aerospace manufacturer Airbus are teaming up to develop their separate solar powered unmanned airships. As per reports, these systems are designed to fly above the height of 70,000 feet to provide the broadband internet service in the remote areas. Another recent development witnessed across high altitude platform market is of Google, who has successfully launched HAP projects such as Loom and Skybender to beam internet services to the underserved and rural location across the globe.
The major manufacturers covered in this report: -
1. Raven Aerostar (Aerostar International, Inc.)
2. AeroVironment
3. Airbus
4. Avealto
5. Elektra Solar GmbH + LinkedIn - Google Search
6. ILC Dover
7. IAI - Israel Aerospace Industries
8. Lindstrand Technologies
9. Lockheed Martin
10. Rafael Advanced Defense Systems
11. Raytheon
12. TCOM, L.P.
13. Thales
14. Worldwide Aeros Corp.
The application of high altitude platform market can extensively aid in the reduction of crime, terrorism, contraband smuggling, and human trafficking owing to which countries are increasing their military and public safety spending to support the advancements of such technologies. For instance, India increased their military budget by 6% since last year and is anticipated to increase the spending in the coming years.
Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/683
The increased demand for telecommunication services in rural and underserved locations is largely supported by government push for the development of the high altitude platform market. For instance, the application of High Altitude Platforms Mobile Robotic Telesurgery (HAPsMRT) was developed specifically by AeroVironment, Inc. for usage by the U.S. Army. These stations aid medical personnel to implement complex surgeries without latency issues in data packet transfers.
Rapid growth of the industrial and commercial sector in the South-East Asian regions due to low cost, high abundance of raw materials and skilled labour. Foreign players are increasing outsourced activities which cannot function without the availability of high-speed broadband communication services. Furthermore, there is also a notable increase in the reliance of the general population for a large scale of day-to-day operations such as e-learning, payments, gaming, among others fuelling the demand for the high-speed internet solutions via the high altitude platform market.
Segmentation of the high altitude platform market by UAVs is anticipated to dominate during the forecast timespan owing to their applications in the defense sector. These systems can be designed to rely solely on solar powered technologies which is anticipated to cause large savings in term of fuel costs and reduce the CO2 emissions.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/high-altitude-platform-hap-market
The commercial segment of the high altitude platform market is anticipated to experience high demand during the forecast timespan. Various telecommunication projects such as Skybender and Wave have been implemented for the provision of broadband services to remote locations and have high uses in telesurgery and low cost, internet services.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release High Altitude Platform Market is Moving Fast| Key Players are AeroVironment, Airbus, IAI - Israel Aerospace Industries, Lockheed Martin, Rafael Advanced Defense Systems, Raytheon, Thales here
News-ID: 1732213 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Altitude
Altitude Training Equipment Market Growing Demand, Industry Growth, And Scope wi …
The report discusses everything a marketer requires before investing in the global Altitude Training Equipment Market during the forecast period. It provides detailed insight into current trends, market shares, market size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources, and validated sources. This research works as a systematic guideline for marketers to make well-informed decisions.
A sample report can be…
Global Hypoxic Altitude Simulation Market 2021-2026 Insights with Statistics and …
Big Market Research: Global Hypoxic Altitude Simulation Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.…
High Altitude Platforms Market Size & Forecast by 2023
High altitude platforms (HAPs) are objects stationed at a height of more than 50,000 feet from Earth’s surface. HAPs are commonly deployed in the stratospheric layer, far higher than the altitude at which commercial aircraft operate. Thus, HAPs are capable of covering large surface areas and can be used for maritime and land-based applications. These platforms are used for various applications, such as communication systems, persistent surveillance, and navigation. Apart…
High Altitude Platforms Market (HAPs)
High Altitude Platforms Market (HAPs) (Communication Systems, Surveillance Systems and Navigation Systems) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025, the high altitude platforms is expected to witness strong growth due to introduction of HAP-based wireless communication services. The HAPs market is currently governed by the unmanned aerial vehicles (UAV) segment; nonetheless, the airships segment is poised to register high adoption growth in the coming years.
Browse Full…
Altitude Marketing Hires New Manager of Marketing Services
Altitude Marketing continues its growth with the hire of Jeremy Jones into a new position: Manager, Marketing Services.
This position was created in response to Altitude's double-digit growth and rising demand for seamless integration of digital and traditional marketing methods, platforms and tactics.
Jeremy's responsibilities include spearheading integrated marketing plans that encompass search engine marketing, pay-per-click, email marketing, trade show preparation, press and media relations, thought leadership, blogs and more.
"Jeremy's experience deepens…
Trifecta Technologies Names Altitude Marketing Agency of Record
Trifecta Technologies, an award-winning international developer of web applications, has named Altitude Marketing its agency of record. Trifecta Technologies specializes in ecommerce, custom applications, mobile, cloud and portal technologies.
"With the help of Altitude Marketing, we have solidified and unified our corporate messaging," said Doug Pelletier, president and CEO of Trifecta Technologies. "We now better present ourselves in language that resonates with our customers and prospects, and we have Altitude to…
