Summary
Global High Altitude Platforms Market to Reach $6.5 Billion by 2030
The global market for High Altitude Platforms estimated at US$3.4 Billion in the year 2022, is projected to reach a revised size of US$6.5 Billion by 2030, growing at a CAGR of 8.2% over the period 2022-2030. Unmanned Aerial Vehicles (UAV), one of the segments analyzed in the report, is projected to record 8.2% CAGR and reach US$4.5 Billion by the end of the analysis period. Growth in the Airships segment is estimated at 7.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 9.7% CAGR
The High Altitude Platforms market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.
Select Competitors (Total 107 Featured)
- BAE Systems PLC
- Boeing Company, The
- AeroVironment, Inc.
- Aurora Flight Sciences
- Aeronautics Ltd.
- Altaeros Energies
- Aeroscraft Corporation
- Allsopp Helikites Ltd.
- AUGUR-RosAeroSystems
- Atmos UAV B.V.
- Applied Aeronautics
- Aheadx
- Asteria Aerospace
- Ayaan Autonomous Systems Pvt. Ltd.
- Airbus Sas