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Aerostat Systems Market 2018 Key Players:
Description:
Aerostat Systems -Global Market Status and Trend Report 2018-2021 offers a comprehensive analysis on Aerostat Systems industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.
An aerostat is a platform which utilizes lighter than air gases such as hydrogen, helium and hot air gases. These gases help the aerostat to produce lift with the same overall as air. Aerostats include powered airships and unpowered balloons. These balloons are tethered to the ground. The components of aerostat include light weight skin which comprises of helium gas to provide payload, buoyancy and ground station. Aerostat are used for intelligence, surveillance and reconnaissance by military forces and also in civilian observation.
Aerostat has wide range of applications in the commercial and military forces. The operating cost associated with aerostat is low when compared with unmanned aerial systems which are expensive and have limited endurance. Aerostat requires less crew for its operation and also the maintenance is low because it has less mechanical parts. The versatility of applications provided by aerostat is producing the demand for persistent ISR and also for the homeland security which is driving the market.
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Major Key Players
Some of the key players in the Aerostat Systems Market are AUGUR-RosAeroSystems, Raven Industries Inc., Lockheed Martin, Raytheon, Exelis Inc., Allsopp Helikites Ltd., ILC Dover, L.P., Israel Aerospace Industries, Lindstrand Technologies Limited, and Drone Aviation
Global Aerostat Systems Market is expected to grow at a CAGR of around 13% during 2016-2021. The factors behind such significant growth are growing demand of surveillance and intelligence from military and homeland security agencies.
Industry/ Innovation/ Related News:
July 23, 2015: Reliance Unmanned Systems has signed a Memorandum of Understanding (MOU) with Augur Overseas Operation of Singapore to manufacture Aerostats and Airships in India.
June 1, 2015 — Raven Industries has been awarded a firm-fixed price (FFP) contract through the Naval Air Warfare Center Aircraft Division Lakehurst, N.J. for the procurement of Exportable Persistent Ground Surveillance Systems (EPGSS), spare equipment and technical support. The tethered aerostat contract was awarded for approximately $6 million and is expected to be delivered over the next 12 months.
June 2015: AUGUR-RosAeroSystems announces to build lighter-than-air military airships capable of carrying 200 personnel and travelling up to 105 mph without the need for a runaway
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