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.
- Atmos UAV B.V.
- Applied Aeronautics
- Asteria Aerospace
- Ayaan Autonomous Systems Pvt. Ltd.
- Airbus Sas
Table of contents
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession
Year 2021 in Review and Near-term Outlook
Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing
Our market research methodology is designed to provide the clients with comprehensive and accurate information
on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis,
country-level data analysis etc.
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