According to the latest report by IMARC Group, titled “Aerostat Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global aerostat systems market reached a value of US$ 11.0 Billion in 2021. 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.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request for a PDF sample of this report: https://www.imarcgroup.com/aerostat-systems-market/requestsample
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. Looking forward, IMARC Group expects the market to grow at a CAGR of 12.9% during 2022-2027.
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
Explore full report with TOC & List of Figures: https://bit.ly/3rdJIpG
We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, 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
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- 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.
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.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800