Aerostat Systems Market is expected to reach $29.12 billion by 2026 growing at a CAGR of 18.7%

The Global Aerostat Systems Market is accounted for $6.24 billion in 2017 and is expected to reach $29.12 billion by 2026 growing at a CAGR of 18.7% during the forecast period. Some of the key factors propelling the market growth are the ability to provide vital geospatial evidence, increasing focus on using economical solutions for surveillance. However, due to lack of awareness among farmers and forage manufacturers and basic supporting infrastructure is hampering the market growth. Furthermore, the use of aerostats in coordinating missile defense acts as the future growth opportunity for the market.

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

Depending on the sub system, Surveillance RADAR segment is estimated to be the significant growing segment because of the growing adoption of electro-optics systems across different applications. On the basis of application, military segment holds the lucrative market share due to high demand for surveillance systems from the segment.

By geography, North America provides potential growth opportunities by its acceptance and already prevalent usage in law enforcement. There has been an increase in the usage of the aerostat systems in the US region for surveillance purposes.

The report also puts forward the current and future market scenario derived precisely from a thorough analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The exhaustive PEST analysis is done for each region to assess major external factors which may influence the Industrial Wax Market in the coming years.

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Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Aerostat Systems Market, By Product

6 Global Aerostat Systems Market, By Class

7 Global Aerostat Systems Market, By Sub System

8 Global Aerostat Systems Market, By Propulsion System

9 Global Aerostat Systems Market, By Application

10 Global Aerostat Systems Market, By Geography

11 Key Developments

12 Company Profiling

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Posted by on Friday September 13 2019, 8:45 AM EDT. All trademarks acknowledged. Filed under Aerospace, Aerospace & Defence. Comments and Trackbacks closed. Follow responses: RSS 2.0

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