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Aerostat Systems Market Analytical Overview, Regional Trends, Segments and Industry Growth at CAGR of 13% With Leading Players Analysis By Size, Share, Sales Revenue, Price and Gross Margin 2023

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Aerostat Systems Market Analytical Overview, Regional Trends, Segments and Industry Growth at CAGR of 13% With Leading Players Analysis By Size, Share, Sales Revenue, Price and Gross Margin 2023

September 05
00:09 2019
Aerostat Systems Market Analytical Overview, Regional Trends, Segments and Industry Growth at CAGR of 13% With Leading Players Analysis By Size, Share, Sales Revenue, Price and Gross Margin 2023

Aerostat Systems Market
Global Aerostat Systems Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

Aerostat Systems Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Product Type (Balloon, Airship, and Hybrid), by Class (Compact-Sized, Mid-Sized, and Large-Sized), by Payloads (EO/IS, CI, INS, Radar, and Thermal Imaging Camera), and by Region – Forecast to 2023.

The leading market players in the global Aerostat Systems market primarily include 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.

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Aerostat Systems Market – Market Overview

An aerostat is a platform which utilizes lighter than air gases such as hydrogen, helium and hot air gases. These gases helps 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.

The vendors are facing technical difficulties which are driving up the costs and also resulting in the delays in the schedule. Also, there are operational hazards associated with aerostats during the lightning and high wind speed. So, the operating the aerostat in those condition has become one of the major threat.

The demand for aerostat systems is continuously increasing due to its wide range of applications, cost effectiveness, low operational costs, easy to deploy and low personnel expertise. There is a strong demand from military and homeland security for surveillance, intelligence and reconnaissance, which has led new investments such as Lockheed Martin received a contract for Persistent Threat Detection aerostat systems from US Army worth USD 142 million. The main purpose of this investment is to detect the improvised explosive devices and the system can provide round the clock surveillance for long range areas.

Intended Audience

  • Distributor & Supplier companies
  • End-Users
  • Consultants and Investment Bankers
  • Government as well as Independent Regulatory Authorities

Aerostat Systems Market – Competitive Analysis

The aerospace and defense industry value chain has evolved, moving from a traditional approach, where OEMs were involved in handling end-to-end manufacturing, to that of a design and systems integrator. The value chain consists of research and development (R&D), design, manufacturing, assembly, sales, and aftermarket services delivered to end customers.

With increasing aerospace activities, aerospace OEMs are moving from vertically integrated manufacturing to design and systems integration, and the industry structure has changed to a tier-based system of suppliers. Today, the majority of work is outsourced to partners with proven competencies across these areas. These partners invest in R&D activities and other processes together, sharing risks and revenues, which indicates that a larger share of manufacturing and assembly activities is available with Tier 2 and Tier 3 suppliers. 

Aerostat Systems Market – Segments

For the convenience of the report and enhanced understanding; The Aerostat Systems Market is segmented in to 4 key dynamics

Segmentation by Type: Ballon, Airship, and Hybrid.

Segmentation by Class: Compact-Sized, Mid-Sized, Large-Sized.

Segmentation by Payloads: EO/IS, CI, INS, Radar, Thermal Imaging Camera.

Segmentation by Regions: Comprises Geographical regions – Americas (North & Latin), Europe, APAC and Middle East & Africa.

Aerostat Systems Market – Regional Analysis

Aerostat is used for surveillance and border security and US being a largest military spender across the world are investing in aerostat systems. Some of the investments such as, Drone Aviation received an order to enhance the aerostat systems from a prime contractor of defense in US. The main purpose is to enhance systems where new technologies such as advanced optics, wireless electronics, infrared images and communication package are used.

The pentagon also has plans to deliver USD 1 billion weapon systems to Iraq that will help them to protect from terrorist. The systems include seven aerostats, 14 rapid aerostat initial deployment tower systems with an estimated cost of USD 90 million including the other equipment’s and services which is likely to contribute for the growth of the market.

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Get More Information on Aerostat Systems Market Research Report – Global Forecast to 2023 @ https://www.marketresearchfuture.com/reports/aerostat-systems-market-1302 

List of Tables

Table 1 Global Aerostat Systems Market: by Region, 2017-2023 
Table 2 North America Aerostat Systems Market: by Country, 2017-2023 
Table 3 Europe Aerostat Systems Market: by Country, 2017-2023 
Table 4 Asia Pacific Aerostat Systems Market: by Country, 2017-2023 
Table 5 Row Aerostat Systems Market: by Country, 2017-2023 
Table 6 Global Aerostat Systems Market, by Product Type by Regions, 2017-2023 
Table 7 North America Aerostat Systems Market, by Product Type by Country, 2017-2023 
Table 8 Europe Aerostat Systems Market, by Product Type by Country, 2017-2023 
Table 9 Asia Pacific Aerostat Systems Market by Product Type by Country, 2017-2023 
Table 10 Row Aerostat Systems Market by Product Type by Country, 2017-2023

Continued…….

List of Figures

Figure 1 Research Process of Mrfr 
Figure 2 Top Down & Bottom Up Approach 
Figure 3 Market Dynamics 
Figure 4 Impact Analysis: Market Drivers 
Figure 5 Impact Analysis: Market Restraints 
Figure 7 Porter’s Five Forces Analysis 
Figure 7 Value Chain Analysis 
Figure 8 Global Aerostat Systems Market Share, by Product Type 2017 (%) 
Figure 9 Global Aerostat Systems Market, by Product Type 2015-2023 (Usd Million) 
Figure 10 Global Aerostat Systems Market Share, by Product Type 2017 (%)

Continued…….

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