Press release
High Altitude Platform Market | Avealto, Aerostar International, TCOM L.P., Lindstrand Technologies, Israel Aerospace Industries, Raytheon Company, Airbus SE, Thales Group, Lockheed Martin Corporation, Aerostar International, AeroVironment, Elektra Solar
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With significant advancements in artificial intelligence and wireless technologies, high altitude platform market is expected to witness remarkable growth in the coming years. The emerging market for broadband data provision and multimedia are highly impacting the growth of projects - that are launching terrestrial and satellite systems for enhancing wireless and internet services.
Airships, tethered aerostat systems, unmanned planes, and so-called pseudo satellites are some of the most significant high altitude platforms that are been used to enhance global communication, wireless technologies, and surveillance applications. 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.
The key players covered in this study: -
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.
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According to the estimates provided by Global Market Insights, Inc., high altitude platform market size 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.
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