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Aerostat Systems Market by Sub-System, by Product Type, by Propulsion System, by Class, by Payload, by Geography - Global Forecast to 2021

Aerostat Systems Market: Global Forecast until 2021

  • March 2016
  • 161 pages
  • ID: 3693833
In this report:
Moreover, the Mid-sized segment is expected to grow at a CAGR of ##.##% between 2016 and 2021 while, the large-sized segment is expected to grow at a CAGR of ##.##% between 2016 and 2021.
The segment comprising powered aerostats has been estimated to be worth USD ##.## million in 2016 and is expected to be valued at USD ##.## million by 2021, registering a CAGR of ##.##% during the forecast period.

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Increasing ability of aerostats to offer persistent surveillance for a longer duration is driving the increase of the aerostat systems market

The aerostat systems market is forecasted to grow from ~$5.4B in 2016 to ~$10.9B by 2021, at a compound annual growth rate of ~15.1 percent from 2016 to 2021. The sector for aerostat systems is influenced by factors, including growing ability of aerostats to offer persistent surveillance for a longer duration, ability to offer vital geospatial evidence as well as rising focus on using economical solutions for surveillance.

By Company category - Tier 1 - 35 %, Tier 2 - 45.0 percent and Tier 3 - 20.0 percent

By Description - C-suite - 35.0 percent, D-level - 25.0 percent, others - 40.0 percent

By area - North america (NA) - 45.0 percent, Europe - 20.0 percent, APAC - 30.0 percent, RoW - 5.0 percent

Large-sized aerostat established on class to witness the more significant rise during the outlook period.

The large-sized aerostat segment has been forecasted to be worth ~$206.6M in 2016 and is projected to extend ~$453.0M by 2021, recording a compound annual growth rate (CAGR) of 17.00% during the forecast horizon. The increase in the industry demand advanced airships as well as hybrid vehicles fuel the increase of large-sized aerostat system market.

The Middle East area to offer significant opportunities for increase.

The Middle East area is forecast to exhibit the maximum growth rate in the aerostat systems market and is expected to grow at Compound annual growth rate of approx. 18.30 percent during the forecast period from 2016 to 2021. The increase of aerostat systems market in this area can be accredited to the growing demand for persistent surveillance, due to the growth in terrorism in the territory.

Why Purchasing This Study Can Help You:

From an insight prospect, this market research has emphasized several levels of analysis - industry study, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, coming out and high-growth segments of the aerostat systems market, high-growth areas, and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on aerostat systems equipment provided by key players in the overall aerostat systems market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis and growth activities, and recent product launches in the aerostat systems equipment market

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for aerostat systems equipment across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall aerostat systems equipment market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall aerostat systems market

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