openPR Logo
Press release

High Altitude Platforms Market to Reach US$ 5.2 Bn by 2022

04-27-2016 11:10 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Credence Research Inc

High Altitude Platforms Market to Reach US$ 5.2 Bn by 2022

High Altitude Platforms Market to Reach US$ 5.2 Bn by 2022

According to a new market research report published by Credence Research “High Altitude Platforms (HAPs) (Communication Systems, Surveillance Systems and Navigation Systems) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”

The global high altitude platforms market was valued at US$ 2,508.6 Mn in 2014 and is estimated to expand with a CAGR of 9.5% from 2015 to 2022.

Browse the full report (High Altitude Platforms (HAPs) Market - Growth, Share, Opportunities & Competitive Analysis, 2015 -2022) at http://www.credenceresearch.com/report/high-altitude-platforms-haps-market
Market Insights

High altitude platforms (HAPs) are airborne stations that are placed at an altitude ranging more than 50,000 feet from the Earth’s surface. These platforms typically operate in stratosphere which is way higher than the altitudes at which commercial aircrafts fly. Prime purpose behind placing these platforms in high altitude category is availability of larger coverage areas coupled with suitable wind speeds available at this altitude. The platforms are equipped with different payloads depending upon the desired application. These systems are also referred to as cheaper alternatives to satellites.

Based upon the product types, the market is segmented into airships, tethered aerostat systems and unmanned aerial vehicles (UAVs). Currently, UAVs segment accounts for the largest share, in terms of revenue, of the global HAPs market. Nevertheless, due to their extremely high costs and relatively lesser flight hours, most of the countries worldwide are now moving towards airships and tethered aerostat systems.

These platforms are capable of staying aloft for several days with minimal maintenance required. Also, these systems are capable of carrying payloads weighing up to 2.5 tons. Airships also offer provision of mobility which makes its suitable for covering larger coverage areas. Thus, in the coming years, airships and aerostat systems segments are expected to expand substantially in the global market.

For More Reports To similar category @ http://www.credenceresearch.com/industry/aerospace-and-defense-market

Competitive Insights:

The global high altitude platforms market is quite fragmented in nature with very few companies operating across all the three segments viz. airships, aerostat systems and UAVs. Nevertheless, the markets for individual products are competitive in nature with most of the players focusing on the betterment of their product portfolios. Most of the HAPs companies are located in the U.S., Israel and China. These companies primarily focus on acquiring contracts from the U.S. and China defense sectors which are among the largest consumers of HAPs worldwide.

Key Trends:

Adoption of tethered aerostat systems for delivering wireless communication services
Development of high altitude UAVs with longer flight hours
Focus on acquiring international customers for HAPs
Development of solar-powered HAPs

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.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 Platforms Market to Reach US$ 5.2 Bn by 2022 here

News-ID: 336203 • Views:

More Releases from Credence Research Inc

ePrison Market is gaining huge growth |Market valued at US$ 1.81 Bn in 2018
ePrison Market is gaining huge growth |Market valued at US$ 1.81 Bn in 2018
The global ePrison market was valued at US$ 1.81 Bn in 2018 and is expected to expand at a CAGR of 6.2% during the forecast from 2019 to 2027. Market Insight ePrison solutions help administrators of correctional homes & prisons to get real-time access to information about staff and prison inmates, thereby helping to ensure discipline, safety, and gauge the needs of inmates. The use of these solutions is not only limited
Cochlear Implants Market - Growth, Future Prospects & Competitive Analysis, 2018-2026
Cochlear Implants Market - Growth, Future Prospects & Competitive Analysis, 2018 …
Cochlear Implants– Global Market Size, Analysis, Share, Trends, Growth and Forecast to 2026 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Cochlear Implants: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures and
Marine Internet Of Things (IoT) Market Growth, Future Prospects & Competitive Analysis, 2018 – 2026
Marine Internet Of Things (IoT) Market Growth, Future Prospects & Competitive An …
Marine Internet Of Things (IoT)– Global Market Size, Analysis, Share, Trends, Growth and Forecast to 2026 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Marine Internet Of Things (IoT): definitions, classifications, applications and market overview; product
Laundry Care Market : Key Trends with Market size, Industry Share, Market players and Forecast to 2026
Laundry Care Market : Key Trends with Market size, Industry Share, Market player …
Credence Research lately added a new report titled "Laundry Care Market - Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast - 2018 to 2026" to its repository. This latest research study investigates the Laundry Care market through different segments primarily based on type, application and end-use, market participants, areas and presents country-level evaluation over the forecast period from 2018 to 2026. Browse Here For Full Report with ToC:

All 5 Releases


More Releases for HAPs

High-altitude Pseudo Satellites (HAPS) Market to Witness Stunning Growth with CA …
The "Global High-altitude Pseudo Satellites (HAPS)" intelligence report, just published by USD Analytics, covers insurers' micro-level study of important market niches, product offers, and sales channels. To determine market size, potential, growth trends, and competitive environment, Global High-altitude Pseudo Satellites (HAPS) provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the
picoNETS Joins the HAPS Alliance
picoNETS, a Deep Edge CDN for last mile QoE enhancement and data traffic savings, today announced that it has joined the HAPS Alliance, a non-profit association dedicated to building a high altitude platform stations (HAPS) ecosystem that brings digital connectivity to everyone, everywhere. As a member of the HAPS Alliance, picoNETS will collaborate with world-leading telecommunications, technology, aviation, and aerospace companies to accelerate commercial adoption, advocate for safety and regulatory standards,
High-Altitude Pseudo Satellites (HAPS) Market to See Massive Growth by 2029
High-Altitude Pseudo Satellites (HAPS) Market was valued at USD 542.8 million in 2022 and is expected to grow at a CAGR of 8% between 2023 and 2029. High-Altitude Pseudo Satellites (HAPS) Market research involves carrying out thorough research on market to help newly emerging players in making calculated decision regarding which business ideas to follow. It is carried out to assess the viability of novel product or service. There are
High-Altitude Pseudo Satellites (HAPS) Market Key Players, Latest Trends and Gro …
Global "High-Altitude Pseudo Satellites (HAPS) Market" 2022 Reports give a Key study on the industry status of the High-Altitude Pseudo Satellites (HAPS) Market Manufacturer with the specific statistics, meaning, definition, SWOT Analysis, expert opinion, and recent development across the globe. The research report also covers the Market Size, Price, Sales, Revenue, share, Gross Margin, growth rate, and cost structure. The report aims to give an additional sample of the
Know How High-Altitude Pseudo Satellites (HAPS) Market is rising globally by 202 …
High-Altitude Pseudo Satellites (HAPS) Market Trends Overview 2022-2027: The High-Altitude Pseudo Satellites (HAPS) Market report provides information about the Global industry, including valuable facts and figures. This research study explores the Global Market in detail such as industry chain structures, raw material suppliers, with manufacturing The High-Altitude Pseudo Satellites (HAPS) Sales market examines the primary segments of the scale of the market. This intelligent study provides historical data from 2015 alongside
High-Altitude Pseudo Satellites (HAPS) Market Overview by 2025: QY Research
Global High-Altitude Pseudo Satellites (HAPS) Market Overview: The latest report published by QY Research demonstrates that the global High-Altitude Pseudo Satellites (HAPS) market will showcase a steady CAGR in the coming years. The research report includes a thorough analysis of the market drivers, restraints, threats, and opportunities. It addresses the lucrative investment options for the players in the coming years. Analysts have offered market estimates at a global and a regional level.