Feb 18, 2022   SOURCE: BusinessWire

Worldwide Aerostat Systems Industry to 2027 - Featuring Aerostar International, ILC Dover and RosAeroSystems Among Others - ResearchAndMarkets.com

The "Aerostat Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global aerostat systems market reached a value of US$ 11.0 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 23.0 Billion by 2027, exhibiting a CAGR of 12.9% during 2022-2027.

Companies Mentioned

  • Aerostar International Inc.
  • ILC Dover LP
  • Israel Aerospace Industries Ltd.
  • Lindstrand Technologies Ltd.
  • Lockheed Martin Corporation.
  • RosAeroSystems
  • International Ltd.
  • RT Aerostat Systems Inc.
  • TCOM L.P.
  • Worldwide Aeros Corporation
  • Raytheon Company
  • Rafael Advanced Defense Systems Ltd

Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Aerostats are low-level airborne systems that are used for ground supervision. They are made of large fabric envelops filled with helium or hot air and have an optimal reach of around 4,600 m in height. Aerostat systems are considered suitable for elevating light payloads and are generally used in the form of tactical airborne platforms for radar systems, cameras and communication equipment along with other scientific equipment. These systems are designed and manufactured according to the specific parameter requirements such as operating temperature, wind speed, altitude and payload carrying capacity.

Aerostat systems are used for a wide variety of applications including information gathering, surveillance and scientific research. They are cost-effective, durable and eco-friendly as well as have high structural integrity. These are some of the features which are expected to augment the demand for these systems across the globe.

Over the past few years, there has been a rise in the number of investments made by manufacturers for R&D activities. These investments are aimed to improve the functioning of aerostat systems in adverse environmental conditions such as extreme cold or heat.

There are numerous organizations which have started employing intelligent video surveillance systems owing to several advantages offered by them, such as object recognition and video analytics. Other than this, the demand for high-quality aerostat systems has also escalated on account of rising territorial disputes in regions like Asia Pacific.

Governments across the globe have started promoting the utilization of aerostat systems for different military applications which include reconnaissance and border security. Additionally, these systems are increasingly being used for communicating signs that indicate natural disasters, civil unrest and crimes within a country.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Aerostat Systems Industry

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Payload

5.5 Market Breakup by Sub-System

5.6 Market Breakup by Product Type

5.7 Market Breakup by Propulsion System

5.8 Market Breakup by Class

5.9 Market Breakup by Region

5.10 Market Forecast

6 Market Breakup by Payload

7 Market Breakup by Sub-System

8 Market Breakup by Product Type

9 Market Breakup by Propulsion System

10 Market Breakup by Class

11 Market Breakup by Region

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Analysis

15.1 Key Price Indicators

15.2 Price Structure

15.3 Margin Analysis

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/jb0iep