Aerostat Systems Market

Aerostat Systems Market Forecasts to 2028 – Global Analysis By Propulsion System (Powered Aerostats, Unpowered Aerostats), Sub System (Ground Control Station (GCS), Aerostat, Payload) and By Geography

4.9 (54 reviews)
Published: November 2021 ID: SMRC21139
4.9 (54 reviews)
Published: November 2021 ID: SMRC21139

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Aerostat Systems Market is accounted for $9.51 billion in 2020 and is expected to reach $33.63 billion by 2028 growing at a CAGR of 17.1% during the forecast period. Factors such as growing terrorism, increasing territorial tension, and technological advancements are driving the growth of the market. However, payload related restrictions are hampering the growth of the market.

An aerostat is a lighter than an air aircraft that gains its lift through the use of a buoyant gas. It offers many advantages like consuming less fuel, being stationary, and carrying a large payload with minimum expenditure. The designing and the manufacturing of the aerostat systems depend upon parameters such as operating temperature, wind speed, altitude, and payload carrying capacity.

Based on the propulsion system, the unpowered aerostats segment is anticipated to expand at a rapid pace during the forecast period due to their versatility and lesser fuel consumption. By geography, North America is going to have high growth during the forecast period which can be attributed to its acceptance in law enforcement and for surveillance purposes.

Some of the key players profiled in the Aerostat Systems Market include Lockheed Martin Corporation, Israel Aerospace Industry, Raytheon Company, Drone Aviation, RosAeroSystems, International Ltd, Aeros Aerostat, Tcom L.P, Allsopp Helikites Ltd, RAVEN Inc., ILC Dover, L.P, Hybrid Air Vehicles Limited, Aero Drum Ltd., Lindstrand Technologies Ltd, Exelis Inc., and Aerostar International, Inc. 

Classes Covered:
• Compact-Sized Aerostats
• Mid-Sized Aerostats
• Large-Sized Aerostats

Propulsion Systems Covered:
• Powered Aerostats
• Unpowered Aerostats   

Products Covered:
• Airship
• Hybrid
• Balloon

Sub Systems Covered:
• Ground Control Station (GCS)
• Aerostat
• Payload

Applications Covered:
• Military
• Commercial (Advertising)
• Environmental Research
• Law Enforcement
• Weather Forecasting
• Incident and incident evaluation
• Rapid Acquisition
• Investigation
• Intelligence Gathering
• Force Protection
• Critical Infrastructure Security
• Relays Communication
• Situational Awareness and Disaster Response

End Users Covered:
• Government
• Private Sector

Sales Channels Covered:
• Direct Sales
• Distributor

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


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