Aerostat Systems Market 2017 to 2025 - Industry, Outlook, Size, Share, Growth, Prospects, Key Opportunities, Trends And Forecast By - Credence Research

CredenceResearch.com has Published New Research Report Title “Global Aerostat Systems Market Report 2017 to 2025" Market Research report to their Database

According to a new market research report published by Credence Research, Inc. “Aerostat Systems Market (Communication Systems, Surveillance Radar, Electro-optical/Infrared (EO/IR) Systems and Navigation Systems)  - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”, the global aerostat systems market was valued at US$ 3,758.9 Mn in 2014 and is estimated to expand with a CAGR of 12.9% from 2015 to 2022.

The complete report is available at http://www.credenceresearch.com/report/aerostat-systems-market

Market Insights
Aerostat systems are airborne platforms that are designed to stay aloft for several days using a tethering cable. These systems gain the lift using various lighter-than-air (LTA) gases such as hydrogen, helium and hot air. Aerostat systems are equipped with different payloads, depending upon the application, such as surveillance radar, EO/IR imaging systems, communication relays and navigation systems. As of 2014, surveillance radar segment accounts for the largest share, in terms of revenue, of more than 40% of the global market. Nevertheless, with increasing adoption of aerostat systems in the wireless communication sector, the communication systems segment is estimated to register the highest growth in the coming years.

Based upon the product class of aerostats, the market is segmented into small class, medium class and large class aerostat systems. Currently, the medium class aerostat systems segment accounts for the largest market share, in terms of revenue, globally. These aerostat systems are fairly large and cheap and hence are suited for most of the low-medium altitude applications. Hence, the segment is expected to retain its dominant position in the market throughout the forecast period. Nevertheless, large class aerostat systems segment is projected to witness the highest growth in the coming years, globally. These class of aerostat systems are capable of carrying large payloads and can be operated at altitudes ranging up to 65,000 feet from the Earth’s surface. Further, with emergence of projects such as the Project Loon and Internet.org which intend to deliver wireless communication using high altitude aerostats, the large aerostats segment is expected to witness high demand in the near future.

Competitive Insights:
The global aerostat systems market is consolidated in nature with few major companies dominating the global market. Major players in the market include TCOM L.P., Lockheed Martin Corporation, Raytheon Company, Raven Industries, Inc. and others. Most of these companies focus on acquiring government contracts for deployment of aerostat systems. Apart from this, these companies also focus on development of advanced fabric materials for better sustaining of aerostats in adverse weather conditions.

Key Trends:

Development of high performance fabrics for aerostats envelope

Focus on acquiring international customers for aerostat systems

Development of high performance aerostat systems suitable for operating in the high altitude category

Aerostat systems for various other untapped applications such as time synchronization, satellite backup etc.

About:

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.

Latest Reports:

http://www.credenceresearch.com/report/endoscope-reprocessing-device-market

http://www.credenceresearch.com/report/individual-quick-freezing-iqf-fruits-market

Media Contact

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US

Ph: 1-800-361-8290

E-mail: sales@credenceresearch.com

Web: http://www.credenceresearch.com


Contact Details

Company Name: Credence Research
Issued By: Chris Smith
Phone: 18003618290
Address: 105 N 1st ST #429, SAN JOSE, CA 95103
City: SAN JOSE
State: Andaman and Nicobar Islands
Zip: 95103
Country: United States
Website: Visit the website

Keywords : Aerostat Systems Market, Trends,

by Chris Smith (last year!)

Latest Press Releases

The Mad Hatter Now Offer a Full Line of Hearth Products and Full Line of Grills

Diabetes Insulin Delivery Pens Market Research Report 2018

Dr Kapadia Provides Tips to Patients Interested in Hair Transplant Procedures

love vashikaran specialist

Solar Blanket Sales Market Report 2018

Spring Bottled Water Market Insights, Forecast to 2025

Biochemical Incubator Sales Market Report 2018

Quinine Sulphate Sales Market Report 2018

Automotive Chassisc System Market Insights, Forecast to 2025

2,6-Dicarboxypyridine market size in key regions like North America, Europe, Asia Pacific an..

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.