DUBLIN, Nov. 5, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/n7mv7p/global_aerostat) has announced the addition of the "Global Aerostat Systems Market 2015-2019" report to their offering.
The global aerostat systems market to grow at a CAGR of 10.9% over the period 2014-2019.
The report, Global Aerostat Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global aerostat systems market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The report includes the present scenario and the growth prospects of the global aerostat systems market for the period 2015-2019. The market can be segmented into six divisions: electro-optics, thermal imaging camera, communication intelligence, electronic intelligence, surveillance radar, and inertial navigation system.
The lifecycle of most new technologies is short because of continuous R&D. This gives rise to the constant need to upgrade to new and improved technologies, especially in the defense industry. The systems used in aerostats have evolved over the years from being a hardware system to an integrated software system that is integral to the defense and commercial sectors. New features are continually added to these systems such as high definition with digital zoom, surveillance radar, TV, and radio transmissions.
According to the report, ISR systems assist soldiers in getting close to an opponent's position and observing their activities. This involves high risk to soldiers, but with advances in technology, persistent ISR systems have come to the attention of military forces. Lockheed Martin developed a PTDS for the US Army, which provides more than one million hours of surveillance. Hence, the demand for persistent ISR will drive the market growth.
Further, the report states that vendors face high acquisition risks due to technical challenges, such as difficulties in software development and overweight components. These challenges lead to an increase in costs and delay in schedule.
- Augur RosAeroSystems
- Lockheed Martin (Aerospace and Defense)
- Raven Aerostar (Aerospace and Defence)
- Raytheon (Aerospace and Defence)
- RT (Aerospace and Defence)
Other prominent vendors
- Drone Aviation
- FLIR Systems
- ILC Dover
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by payload
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information visit http://www.researchandmarkets.com/research/n7mv7p/global_aerostat
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets