The market is moving to an early adoption stage, and the publisher expects the market size to be between USD 750 M to 1 B by 2026.
The Airbus model, Zephyr, is likely to be the first to be adopted for military applications; the expected timeline for the same is 2023-2024. HAPS Mobile is likely to be the leader in commercial applications with its vehicle, the Sunglider. The maturing and fielding of LTA airships with higher payload weights and capability will accelerate their adoption, beginning 2025-2026.
The lighter-than-air (LTA) and heavier-than-air (HTA) high-altitude pseudo satellite (HAPS) projects have had a long period of gestation, starting in the 1970s. Technological challenges, especially solar panel efficiency and battery density, have held the market back.
The recent closing of the Google Loon project has raised questions on the feasibility of HAPS to close the business case, especially in light of the low-cost LEO satellite proliferation. The market is not helped by the fact that the only customer to date has been the UK Ministry of Defense, which bought 3 Zephyr S for an operational concept demonstration in 2016.
This scenario, however, is set to change with new advances in technology. Technology has made significant advances in terms of solar cell efficiency, battery density, advanced materials, and control (stability) to make HAPS a technically and economically viable product. The HAPS technology advancement will also benefit from the current developments in electric mobility, electric aircraft, and unmanned aerial mobility (cargo airships).
The LEO satellites come at significant capital expenditure (CAPEX) even as they continue to suffer from certain disadvantages. The HAPS value proposition lies in lower latency, persistence, maneuverability, and quick capability insertion. Increasing technology capability will also bring down the manufacturing and operations cost curve in the future. Lower costs and advantages will enable the closing of business case in the select military and commercial applications.
Key Topics Covered:
1. Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on HAPS Industry
Growth Opportunities Fuel the Growth Pipeline Engine
2. HAPS Overview
What You Need to Know First
Key Questions the Study will Answer
Where Does HAPS Fit?
HTA HAPS Overview
Representative HTA HAPS Platform Parameters
LTA HAPS Overview
Representative LTA Airship Parameters
Challenges and Developments
3. HAPS Use Cases
Concept - Military Communications
Concept - Augmenting Cellular Network
Concept of Operations Maritime Surveillance
Concept of Operations - Cellular Backhaul/Communication Relay
4. HAPS Market Participants
Representative HAPS Market Participants
HTA HAPS - Representative Current Projects
LTA HAPS - Representative Current Projects
Airbus Zephyr is the Farthest Ahead in Operational Deployment
HAPSMobile - JV Between Softbank and Aerovironment is Leading the Way for Commercial Adoption
Investments, JVs, and Partnerships
5. Closing the Business Case
Case Study - Google Loon
Case Study - LEO Satellites Providing ISR and Connectivity
HAPS Value Proposition Compared to Satellites
Business Case Feasibility - Military Applications
Business Case Feasibility - Commercial Applications
6. Growth Opportunity Analysis, High Altitude Pseudo-Satellite Market
Growth Drivers for HAPS Market
Growth Restraints for HAPS Market
7. Growth Opportunity Universe, HAPS Market
Growth Opportunity 1: HTA and LTA HAPS Development, 2021-2026
Growth Opportunity 2: Supply of Solar Cells, Battery, and Materials, 2021-2026
Growth Opportunity 3: Mergers and Acquisitions, 2021-2026