Dublin, Feb. 07, 2023 (GLOBE NEWSWIRE) -- The "Aerostat Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Aerostat Systems estimated at US$8.6 Billion in the year 2022, is projected to reach a revised size of US$24.7 Billion by 2030, growing at a CAGR of 14% over the analysis period 2022-2030.
Balloon, one of the segments analyzed in the report, is projected to record a 13.8% CAGR and reach US$13.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Airships segment is readjusted to a revised 15% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 13% CAGR
The Aerostat Systems market in the U.S. is estimated at US$2.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 13% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.7% and 12% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10% CAGR.
Select Competitors (Total 44 Featured) -
- Allsopp Helikites Ltd.
- Harris Corporation
- ILC Dover
- Israel Aerospace Industries Ltd. (IAI)
- Lindstrand Technologies Limited
- Lockheed Martin Corporation
- Raven Industries, Inc.
- Raytheon Company
- Tcom L.P.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Aerostat Systems: An Introductory Prelude
- Future Prospects Remain Favorable for Aerostat Systems Market
- Healthy Trajectory in Geospatial Technology Industry Boosts Prospects for Aerostat Systems: A Review of Capabilities and Functions of Various Geospatial Technologies
- Aerostat Deployments on Growth Vertical Across the Geographies
- Aerostats: Mainstay in ISR Strategies of the US Military
- Europe Remains a Lucrative Market
- India Warms Up to Aerostat Technology
- Aerostat Systems - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Exceptional Performance in Air, Land & Sea Surveillance Applications: Cornerstone for Present & Future Adoption of Aerostat Systems
- Aerostat Systems Grab Attention in Airborne Surveillance Applications
- Operational Class Aerostat Systems for Low-Cost Surveillance Applications
- Strategic Aerostat Systems for Detection of Low-Flying, Fast-Moving Objects
- Tactical Aerostat Systems Gain Traction as Persistent Surveillance Solutions
- Recent Activity in Spy Balloons Vertical: A Review
- China's Hi-Tech Balloons Spy on India from Tibet
- Indian Authorities Seize Pakistani Spy Balloons
- Spy Balloons Become Vogue in Military Strategies in Afghanistan
- Germany to Deploy Aerostats in Mali-based U.N. Peacekeeping Mission
- Aerostats Set to Make Big Gains in Maritime Surveillance
- Tethered Aerostat Systems Drive Momentum in the Overall Aerostats Market
- Tethered Aerostat Radar System (TARS): Highly Effective in Customs & Border Protection Applications
- Aerostat Systems Increasingly Gaining Traction in Geo Spatial Intelligence
- Evolving Role of Geospatial Data as the Key to Visualizing Data in Commercial Applications: Among the Primary Market Drivers for Aerostat Systems
- A Peek into Usability and Relevancy of Geospatial Data in Select Core Sectors
- Retail
- Healthcare
- Financial Services
- Transportation/Logistics
- Technology Improvements & Product Upgrades Continue to Widen Market Prospects: Select Recently Unveiled Aerostat Solutions
- Otonom Teknoloji's Doruk-133B Can Endure High Wind and Harsh Weather Conditions
- CSIR Rolls Out Third Generation Aerostat with Better Aerodynamic Efficiency
- Lockheed Martin Enhances 74K Aerostat System with Advanced Radar Capabilities
- New SkyStar 120 Mobile Micro-Tactical Aerostat System from RT LTA Systems
- RT LTA Unveils Improved Bladder Material for Aerostat Systems
- Aero-T Develops SkyGuard1 Aerostat System with Multiple Intelligence Sensors
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/n99aa3-systems?w=12
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