Sep 19, 2018   SOURCE: BusinessWire

Global Aerostat Systems Market by Type, Payload, Application and Geography - Trends, Size, Share & Forecast (2018-2023) - ResearchAndMarkets.com

The "Global Aerostat Systems Market - By Type, Payload, Application, Geography - Trends, Size, Share & Forecast (2018-2023)" report has been added to ResearchAndMarkets.com's offering.

In 2017, the global aerostat systems market was valued at USD 550 million.

Bravura Information Technology Systems has been awarded by the US Army contract, worth USD 305 million, to support the persistent surveillance systems-tethered aerostat program.

An Israeli aerostat company, RT LTA Systems has established a new subsidiary under the name Aero-T, which will develop and manufacture a new range of aerostats called SkyGuard that would operate maintenance-free for at least seven days.

Drone Usage on the Rise

Drone Aviation has accomplished the integration of government-furnished ISR equipment supporting the simultaneous use of communications and optical payload packages, onto the Winch Aerostat Small Platform tactical aerostat, under the recent contract with the US Department of Defence.

With proper development and funding, aerostats would replace UAVs and low-flying surveillance systems from the constant surveillance field, where operation costs and the focus of operation are major constraints.

Key Market Developments

  • Lockheed Martin has developed VCSi, a new control software that enables operators to simultaneously control multiple UAS and conduct ISR missions from anywhere around the globe.
  • Boeing Co's Insitu Inc and Textron Inc's AAI Corp were awarded a USD 475 million contract each by the US Special Operations Command to manufacture ISR for the US army.
  • Textron Systems Unmanned Systems' Nightwarden Tactical Unmanned Aircraft System (TUAS) made its international debut at Paris-Le Bourget Airport.

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Overview and Trends

4. Market Dynamics

5. Global Aerostat Systems Market, Segmented by Type

6. Global Aerostat Systems Market, Segmented by Payloads

7. Global Aerostat Systems Market, Segmented by Application

8. Global Aerostat Systems Market, Segmented by Geography

9. Competitive Landscape

10. Key Vendor Analysis

  • Lockheed Martin Corporation
  • Raytheon Company
  • RAVEN Inc.
  • Aeros Aerostat
  • Tcom LP
  • Israel Aerospace Industry
  • Allsopp Helikites Ltd.
  • ILC Dover LP
  • Lindstrand Technologies Ltd.
  • Aerostar International Inc.
  • RosAeroSystems
  • International Ltd.

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