Airship Market 2019: Association between Major Key Vendors Like Lockheed Corporation Inc. to Produce Promising Growth Opportunities in Upcoming Years, says Straits Research
The global airship market was valued at USD 181 million in 2018 and is expected to reach USD 306.37 million by 2026 with an anticipated CAGR of 6.8% during the forecast period, 2019–2026.
The global airship market is expected to witness significant growth during the forecast period, owing to increasing cross-border warfare and political instability around the globe. Furthermore, increasing incidents of terror attacks and internal political instability around the globe have created a need for superior intelligence, surveillance, and precision attacks, which is expected to augment the demand for the market. Key players are investing in R&D to offer next-generation airship capable of encountering increasingly sophisticated threats from enemy countries at relatively low costs.
An airship is a power-driven aircraft lighter than a conventional aircraft. The market has observed a shift from conventional single-gas bag and helium, which is most commonly used in airship as the gas is extensively used for filling balloons as it is a much safer gas than hydrogen. They are majorly used for reconnaissance and surveillance, communication, law enforcement, weather forecasting, and coast guarding. low maintenance cost and can monitor large areas by staying in the air for long periods; thus, they are adopted on a large-scale in military applications.
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The Major Players Covered in this Report: Lockheed Corporation Inc., Skyship Services Inc., RosAeroSystems s.r.a., Lindstrand Technologies, GEFA-FLUG GmbH, Information Systems Laboratories Inc., Airborne Industries, Hybrid Air Vehicles Ltd., and Sceye Inc., & More...
By Construction Method, Rigid, Semi-Rigid, Nonrigid
By Class, Small, Medium, Large
By Application, Military, Homeland Security, Commercial, Environmental Research
View this report with a detailed description and TOC @ https://straitsresearch.com/report/airship-market/toc
Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Airship in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Airship market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Airship and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Airship. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.
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The report covers exhaustive analysis on:
Overview of the parent market
Global Airship Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global Airship Market Forecast 2021 to 2029
Supply & Demand Value Chain
Global Airship Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Key Questions Answered in the Report:
What is the current scenario of the Global Airship market? How is the market going to prosper throughout the forecast period?
What are the emerging technologies and related tools that are going to profit the market?
What is the current size of the Global Airship Market?
Which segments are the fastest growing and the largest in the market? What is their market potential?
What are the driving factors contributing to market growth during the short, medium, and long term?
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