High-altitude Pseudo Satellites (HAPS) Market Size to Grow by USD 68.96 Million, AeroVironment Inc. and Airbus SE Among Key Vendors - Technavio
NEW YORK, July 20, 2022 /PRNewswire/ -- HAPS are UAVs, airships, or balloons that fly in the stratosphere and can provide a wide range of services in an area. The high-altitude pseudo satellites (HAPS) market size is expected to grow by USD 68.96 mn from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 7.71% during the forecast period, according to Technavio.
Get a comprehensive report summary describing the market size and forecast along with research methodology. Request a sample report.
The high-altitude pseudo satellites (haps) market report covers the following areas:
- High-altitude Pseudo Satellites (HAPS) Market size
- High-altitude Pseudo Satellites (HAPS) Market trends
- High-altitude Pseudo Satellites (HAPS) Market industry analysis
Technavio provides a detailed analysis of around 25 vendors operating in the high-altitude pseudo satellites (HAPS) market, including AeroVironment Inc., Airbus SE, Composite Technology Team, Lockheed Martin Corp., MAG Aerospace, Prismatic Ltd., SZ DJI Technology Co. Ltd., TAO-Group, Thales Group, and The Boeing Co. The key offerings of some of these vendors are listed below:
- AeroVironment Inc. - The company offers HAPS under the brand name of Sunglider.
- Airbus SE - The company offers Zephyr which is a solar-electric stratospheric Unmanned Aerial System with a wingspan of 25m and weighs less than 75kg.
- Composite Technology Team - The company offers Pupin Haps which is solar-powered unmanned aircraft that can function as an atmospheric satellite.
- Lockheed Martin Corp. - The company offers Conder XEP which is a long endurance, Group 1 unmanned aerial system designed specifically for small tactical unit operations.
- MAG Aerospace - The company offers MAG which operators have logged over 30,000 hours managing, performing, and sustained unmanned UAV ISR programs and aircraft, providing operations and maintenance in the most austere locations worldwide.
Get lifetime access to our Technavio Insights. Subscribe to our "Basic Plan" billed annually at USD 5000.
- Technology
- Balloons
- UAVs
- Airships
- Geography
- North America
- Europe
- APAC
- South America
- MEA
Learn about the contribution of each segment of the market. View a Sample Report
North America will account for 47% of the market's growth during the forecast period. The US is a key country for the market in the region. Significant developments have been made in the HAPS platform over the last decade in the US.
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist high-altitude pseudo satellites (haps) market growth during the next five years
- Estimation of the high-altitude pseudo satellites (HAPS) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the high-altitude pseudo satellites (HAPS) market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of high-altitude pseudo satellites (HAPS) market vendors
Related Reports:
Satellite Market by End-user and Geography - Forecast and Analysis 2021-2025
Navigation Satellite System Market by Application and Geography - Forecast and Analysis 2021-2025
High-altitude Pseudo Satellites (HAPS) Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 7.71% |
Market growth 2021-2025 | USD 68.96 million |
Market structure | Concentrated |
YoY growth (%) | 6.02 |
Regional analysis | North America, Europe, APAC, South America, and MEA |
Performing market contribution | North America at 47% |
Key consumer countries | US, France, Germany, UK, and Russian Federation |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | AeroVironment Inc., Airbus SE, Composite Technology Team, Lockheed Martin Corp., MAG Aerospace, Prismatic Ltd. , SZ DJI Technology Co. Ltd., TAO-Group, Thales Group, and The Boeing Co. |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Aerospace and defense
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
- 5.1 Market segments
- Exhibit 15: Technology - Market share 2020-2025 (%)
- 5.2 Comparison by Technology
- Exhibit 16: Comparison by Technology
- 5.3 Balloons - Market size and forecast 2020-2025
- Exhibit 17: Balloons - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Balloons - Year-over-year growth 2020-2025 (%)
- 5.4 UAVs - Market size and forecast 2020-2025
- Exhibit 19: UAVs - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: UAVs - Year-over-year growth 2020-2025 (%)
- 5.5 Airships - Market size and forecast 2020-2025
- Exhibit 21: Airships - Market size and forecast 2020-2025 ($ million)
- Exhibit 22: Airships - Year-over-year growth 2020-2025 (%)
- 5.6 Market opportunity by Technology
- Exhibit 23: Market opportunity by Technology
- 7.1 Geographic segmentation
- Exhibit 25: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 26: Geographic comparison
- 7.3 North America - Market size and forecast 2020-2025
- Exhibit 27: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
- 7.4 Europe - Market size and forecast 2020-2025
- Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
- 7.5 APAC - Market size and forecast 2020-2025
- Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 37: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 38: Market opportunity by geography ($ million)
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 39: Impact of drivers and challenges
- 8.3 Market trends
- 9.1 Overview
- Exhibit 40: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 41: Landscape disruption
- Exhibit 42: Industry risks
- 10.1 Vendors covered
- Exhibit 43: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 44: Market positioning of vendors
- 10.3 AeroVironment Inc.
- Exhibit 45: AeroVironment Inc. - Overview
- Exhibit 46: AeroVironment Inc. - Business segments
- Exhibit 47: AeroVironment Inc. - Key news
- Exhibit 48: AeroVironment Inc. - Key offerings
- Exhibit 49: AeroVironment Inc. - Segment focus
- 10.4 Airbus SE
- Exhibit 50: Airbus SE - Overview
- Exhibit 51: Airbus SE - Business segments
- Exhibit 52: Airbus SE - Key news
- Exhibit 53: Airbus SE - Key offerings
- Exhibit 54: Airbus SE - Segment focus
- 10.5 Composite Technology Team
- 10.6 Lockheed Martin Corp.
- Exhibit 58: Lockheed Martin Corp. - Overview
- Exhibit 59: Lockheed Martin Corp. - Business segments
- Exhibit 60: Lockheed Martin Corp. - Key offerings
- Exhibit 61: Lockheed Martin Corp. - Segment focus
- 10.7 MAG Aerospace
- Exhibit 62: MAG Aerospace - Overview
- Exhibit 63: MAG Aerospace - Product and service
- Exhibit 64: MAG Aerospace - Key news
- Exhibit 65: MAG Aerospace - Key offerings
- 10.8 Prismatic Ltd.
- Exhibit 66: Prismatic Ltd. - Overview
- Exhibit 67: Prismatic Ltd. - Product and service
- Exhibit 68: Prismatic Ltd. - Key offerings
- 10.9 SZ DJI Technology Co. Ltd.
- Exhibit 69: SZ DJI Technology Co. Ltd. - Overview
- Exhibit 70: SZ DJI Technology Co. Ltd. - Product and service
- Exhibit 71: SZ DJI Technology Co. Ltd. - Key news
- Exhibit 72: SZ DJI Technology Co. Ltd. - Key offerings
- 10.10 TAO-Group
- Exhibit 73: TAO-Group - Overview
- Exhibit 74: TAO-Group - Product and service
- Exhibit 75: TAO-Group - Key offerings
- 10.11 Thales Group
- Exhibit 76: Thales Group - Overview
- Exhibit 77: Thales Group - Business segments
- Exhibit 78: Thales Group - Key offerings
- Exhibit 79: Thales Group - Segment focus
- 10.12 The Boeing Co.
- Exhibit 80: The Boeing Co. - Overview
- Exhibit 81: The Boeing Co. - Business segments
- Exhibit 82: The Boeing Co. - Key offerings
- Exhibit 83: The Boeing Co. - Segment focus
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 84: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 85: Research Methodology
- Exhibit 86: Validation techniques employed for market sizing
- Exhibit 87: Information sources
- 11.4 List of abbreviations
- Exhibit 88: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article