Aerostat Systems Market worth $9.96 Billion by 2020
DALLAS, June 19, 2014 /PRNewswire/ --
According to a new market research report, "Aerostat Systems Market by Aerostat Class (Small, Medium, Large), by Balloon Type (Spheroidal, Ellipsoidal), by Payload (Electro-Optics , Thermal Imaging Camera , Electronic Intelligence, Surveillance Radar, INS), by Geography (North America, Europe, APAC, Latin America, Middle East) - Market Forecast & Analysis to 2013 - 2020", published by MarketsandMarkets, the Aerostat Systems Market is projected to rise from $3.93 Billion in 2014 to $9.96 Billion by 2020, at an estimated CAGR of 16.68%.
Browse 81 market data Tables and 42 Figures spread through 175 Pages and in-depth TOC on "Aerostat Systems Market".
An aerostat is a platform that uses a buoyant that is lighter than air gases such as helium, hydrogen, and hot air. These gases lift the tethered balloon with nearly the same overall density as air. The key structural components include a lightweight skin envelope that contains helium gas to provide buoyancy, payload, and a ground control station. Depending on the application of the aerostat systems are the different payloads attached such as electro-optics, communication intelligence, thermal imaging camera, electronic intelligence, surveillance radar, and inertial navigation system.
The aerostat system market has been segmented on the basis of aerostat class, balloon type, payload, and region. The aerostat class segmentation includes small (~30 m), medium (32-36 m), and large (68-72 m) systems. The world's leading homeland security is expected to spend heavily on medium and large aerostat systems, which provide enhanced intelligence, surveillance and reconnaissance, communication, law enforcement, and border patrolling capabilities. The motivation for the drift to the aerostat systems includes low cost, long endurance, and high resolution image transmission capabilities.
Inquiry before Buying @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=193315635
Early buyers will receive 10% customization on this report.
This report provides a market analysis of the Aerostat Systems Market for the next six years. It contains an overview of the drivers, restraints, challenges, and opportunities that impact the industry. It also provides the industry and technology trends that currently prevail in the aerostat systems market. It identifies, analyses, and outlines the market size of the major spenders in each region. It also provides information of the leading competitors in the aerostat systems market.
The major players that dominate the global Aerostat Systems Market are TCOM, L.P. (Columbia), Raven Aerostar (U.S.), Lockheed Martin (U.S.), ILC Dover (U.S.), Raytheon (U.S.), RT (Israel), and AUGUR-RosAeroSystems (Russia).
Browse Related Reports
Unmanned Aerial Vehicle (UAV) Market (2013 - 2018)
Small UAV Market by Trends (Mini, Micro, Hand Held UAV), by Propulsion (Hydrogen, Electric, Solar, Lithium ION), by Payload (NBC Detection, Telemetry Systems, Software Systems, Meteorology), by Application (Civil, Military, Security), by Region, by Country - Global Forecast to 2014 - 2019
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, telecommunications and IT, and aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence