Press release
Aerostat Systems Market Size 2022, Top Companies Analysis, Share, Trends, Business Model and Forecast by 2027
Aerostat Systems Market Overview:
The global aerostat systems market reached a value of US$ 11.0 Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of 12.9% during 2022-2027. Aerostats represent low-level airborne systems utilized for ground surveillance. They consist of large fabric envelopes filled with helium or hot air and are capable of reaching around 4,600 m in height. Aerostat systems aid in lifting light payloads and are commonly used as tactical airborne platforms for different scientific equipment, including radar systems, communication equipment, cameras, etc. They are designed and manufactured based on specific parameters, such as operating temperature, wind speed, altitude, payload carrying capacity, etc. Aerostat systems are also cost-effective, durable, eco-friendly, etc.
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Aerostat Systems Market Trends/Drivers:
The increasing number of research and development (R&D) activities aimed at improving the product performance in adverse environmental conditions, including extreme cold or heat, is primarily driving the aerostats systems market. Moreover, numerous organizations are utilizing intelligent video surveillance systems owing to their various advantages, such as object recognition and video analytics, and thereby further catalyzing the market growth. Apart from this, the escalating demand for high-quality aerostat systems on account of the growing territorial disputes is augmenting the global market. Furthermore, the government bodies of several countries are promoting the product utilization for various military applications, including reconnaissance and border security. This, in turn, is expected to propel the aerostat systems market across the globe over the forecasted period.
Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Payload, Sub-System, Product Type, Propulsion System, Class, Region
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Aerostar International, Inc.
ILC Dover LP
Israel Aerospace Industries Ltd.
Lindstrand Technologies Ltd.
Lockheed Martin Corporation.
RosAeroSystems, International Ltd.
RT Aerostat Systems Inc.
TCOM L.P.
Worldwide Aeros Corporation
Raytheon Company
Rafael Advanced Defense Systems Ltd
Market Segmentation:
Breakup by Payload:
Surveillance Radar
Inertial Navigation System
Thermal Imaging Camera
Electro-Optical Sensor
Electronic Intelligence
Communication Intelligence
Breakup by Sub-System:
Aerostat
Ground Control Station (GCS)
Payload
Breakup by Product Type:
Balloon
Airship
Hybrid
Breakup by Propulsion System:
Powered Aerostats
Unpowered Aerostats
Breakup by Class:
Compact-Sized Aerostats
Mid-Sized Aerostats
Large-Sized Aerostats
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Sources:
https://www.marketwatch.com/press-release/synthetic-monitoring-market-size-share-forecast-by-2022-2027-imarc-group-2022-07-06
https://www.marketwatch.com/press-release/surge-protection-devices-market-report-2022-2027-imarc-group-2022-07-06
https://www.marketwatch.com/press-release/superdisintegrants-market-share-size-trends-and-forecast-by-2022-2027
https://www.marketwatch.com/press-release/superconducting-materials-market-size-global-industry-trends-share-and-forecast-2022-2027
https://www.marketwatch.com/press-release/solar-freezer-market-share-growth-analysis-size-and-forecast-by-2022-2027-2022-07-06
Contact Us:
IMARC Group
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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