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Aerostat System Market to Witness Growth Acceleration by 2031/ CNIM Group, Icarus Training Systems & Airborne Industries, ILC Dover, LP, Lindstrand Technologies Ltd.

07-17-2024 07:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Aerostat System Market to Witness Growth Acceleration by 2031/

The global aerostat system market is anticipated to grow at a CAGR of 11.5% during the forecast period (2024-2031). Aerostat systems are used in a variety of applications due to their ability to provide a vantage point for monitoring large areas. These applications include surveillance, defense and military functions, border security, disaster management, communication relays, environmental monitoring, scientific research, and telecommunications. Aerostats are used for surveillance, providing intelligence, surveillance, and reconnaissance (ISR) capabilities, early warning systems, detecting unauthorized border crossings, situational awareness in disaster response scenarios, communication relays, environmental research, and extending network coverage. The market's growth is attributed to monitoring and security detection.

Long-range threat detection is an important factor for safety and security. Aerostat systems that incorporate this capability can be used for military, border security, disaster response, and protecting important infrastructure. The innovative development of the High Availability Aerostat System (HAAS) utilizing innovative radar technology by the Israel Missile Defense Organization (IMDO) in cooperation with TCOM, the US Missile Defense Agency, and Elta, a division of the main contractor Israel Aerospace Industries. For instance, in November 2021, The Israeli Ministry of Defense (MoD) launched the Israel Missile Defense Organization (IMDO) was testing an aerostat with a new radar capable of detecting long-range threats. The High Availability Aerostat System (HAAS) was manufactured by the US company TCOM. The radar was developed with the US Missile Defense Agency and Elta, a subsidiary of Israel Aerospace Industries' prime contractor.

To Request a Sample of our Report on Aerostat System Market:  https://www.omrglobal.com/request-sample/aerostat-system-market

Market Coverage

•                 The market number available for - 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

·                  By Product Type

·                  By Propulsion System

·                  By Class

·                  By Payload

Regions Covered-

•                 North America

•                 Europe

•                 Asia-Pacific

•                 Rest of the World

•                 Competitive Landscape- includes CNIM Group, Icarus Training Systems & Airborne Industries, ILC Dover, LP, Lindstrand Technologies Ltd., Lockheed Martin Corp., and others.

Aerostat System Market Report Segment

By Product Type

•                 Balloon

•                 Airship

•                 Hybrid

By Propulsion System

•                 Powered Aerostats

•                 Unpowered Aerostats

By Class

•                 Compact-Sized Aerostats

•                 Mid-Sized Aerostats

•                 Large-Sized Aerostats

By Payload

•                 Surveillance Radar

•                 Inertial Navigation Systems

•                 Camera

•                 Communication Intelligence (Comint)

•                 Electro-Optic/Infrared Sensor (EO/IR)

A full Report of Aerostat System Market is Available @  https://www.omrglobal.com/industry-reports/aerostat-system-market

Aerostat System Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

·        CNIM Group

·        Icarus Training Systems & Airborne Industries

·        ILC Dover, LP

·        Lindstrand Technologies Ltd.

·        Lockheed Martin Corp.

·        Otonom Technology

·        Raven Industries, Inc. 

·        Rheinmetall AG

·        RT LTA Systems Ltd

·        TCOM, LP,

·        Worldwide Aeros Corp. 

Reasons to buy from us -

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/aerostat-system-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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