Dublin, Sept. 27, 2019 (GLOBE NEWSWIRE) -- The "Aerostat Systems - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Aerostat Systems market worldwide is projected to grow by US$12 Billion, driven by a compounded growth of 15.4%.
Balloon, one of the segments analyzed and sized in this study, displays the potential to grow at over 14.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$9.9 Billion by the year 2025, Balloon will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 16.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$471.7 Million to the region's size and clout in the next 5 to 6 years. Over US$937.8 Million worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Balloon will reach a market size of US$746.7 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 15.1% over the next couple of years and add approximately US$2.1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include the following, among others:
- Allsopp Helikites Ltd. (United Kingdom)
- Harris Corporation (USA)
- ILC Dover (USA)
- Israel Aerospace Industries Ltd. (IAI) (Israel)
- Lindstrand Technologies Limited (United Kingdom)
- Lockheed Martin Corporation (USA)
- Raven Industries, Inc. (USA)
- Raytheon Company (USA)
- Tcom L.P. (USA)
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- 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
- Global Competitor Market Shares
- Aerostat Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Global Competitor Market Shares by Segment
- Balloon (Product Type) Global Competitor Market Share Positioning for 2019 & 2025
- Airships (Product Type) Market Share Breakdown of Key Players: 2019 & 2025
- Hybrid (Product Type) Competitor Revenue Share (in %): 2019 & 2025
- Unpowered (Propulsion System) Market Share Shift by Company: 2019 & 2025
- Powered (Propulsion System) Global Competitor Market Share Positioning for 2019 & 2025
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
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Aerostat Systems Market Share (in %) by Company: 2019 & 2025
- Balloon (Product Type) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
- Airships (Product Type) Competitor Revenue Share (in %) in the US: 2019 & 2025
- Hybrid (Product Type) Market Share Breakdown (in %) of Major Players in the US: 2019 & 2025
- Unpowered (Propulsion System) Market in the US: Percentage Breakdown of Revenues by Company for 2019 & 2025
- Powered (Propulsion System) Competitor Market Share Breakdown (in %) in the US for 2019 & 2025
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Aerostat Systems Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Balloon (Product Type) Market Share (in %) by Company in Europe: 2019 & 2025
- Airships (Product Type) Market Share (in %) of Major Players in Europe: 2019 & 2025
- Hybrid (Product Type) Competitor Market Share Analysis (in %) in Europe: 2019 & 2025
- Unpowered (Propulsion System) Market in Europe: Competitor Revenue Share Shift (in %) for 2019 & 2025
- Powered (Propulsion System) Competitor Market Share (in %) Positioning in Europe for 2019 & 2025
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/49j260