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Aerostat Systems - Global Market Trajectory & Analytics

  • ID: 4804494
  • Report
  • September 2020
  • Region: Global
  • 142 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • AERONAUTICS
  • ALLSOPP HELIKITES LTD.
  • CONTROP PRECISION TECHNO
  • HARRIS CORPORATION
  • ILC DOVER
  • RAVEN INDUSTRIES, INC.
  • MORE
Global Aerostat Systems Market to Reach $20.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Aerostat Systems estimated at US$8.1 Billion in the year 2020, is projected to reach a revised size of US$20.9 Billion by 2027, growing at a CAGR of 14.5% over the analysis period 2020-2027. Balloon, one of the segments analyzed in the report, is projected to record a 13.8% CAGR and reach US$10.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Airships segment is readjusted to a revised 16.2% CAGR for the next 7-year period.

The U. S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 14% CAGR

The Aerostat Systems market in the U. S. is estimated at US$2.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2027 trailing a CAGR of 14% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.7% and 12.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.8% CAGR.

Hybrid Segment to Record 12.8% CAGR

In the global Hybrid segment, USA, Canada, Japan, China and Europe will drive the 12.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$850.3 Million in the year 2020 will reach a projected size of US$2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2027. We bring years of research experience to this 5th edition of our report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Allsopp Helikites Ltd.
  • Harris Corporation
  • ILC Dover
  • Israel Aerospace Industries Ltd. (IAI)
  • Lindstrand Technologies Limited
  • Lockheed Martin Corporation
  • Raven Industries, Inc.
  • Raytheon Company
  • Tcom L. P.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AERONAUTICS
  • ALLSOPP HELIKITES LTD.
  • CONTROP PRECISION TECHNO
  • HARRIS CORPORATION
  • ILC DOVER
  • RAVEN INDUSTRIES, INC.
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Aerostat Systems: An Introductory Prelude
  • Future Prospects Remain Favorable for Aerostat Systems Market
  • Healthy Trajectory in Geospatial Technology Industry Boosts Prospects for Aerostat Systems:A Review of Capabilities and Functions of Various Geospatial Technologies
  • Aerostat Deployments on Growth Vertical Across the Geographies
  • Aerostats: Mainstay in ISR Strategies of the US Military
  • Europe Remains a Lucrative Market
  • India Warms Up to Aerostat Technology
  • Global Competitor Market Shares
  • Aerostat Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Exceptional Performance in Air, Land & Sea Surveillance Applications: Cornerstone for Present & Future Adoption of Aerostat Systems
  • Aerostat Systems Grab Attention in Airborne Surveillance Applications
  • Operational Class Aerostat Systems for Low-Cost Surveillance Applications
  • Strategic Aerostat Systems for Detection of Low-Flying, Fast-Moving Objects
  • Tactical Aerostat Systems Gain Traction as Persistent Surveillance Solutions
  • Recent Activity in Spy Balloons Vertical: A Review
  • China’s Hi-Tech Balloons Spy on India from Tibet
  • Indian Authorities Seize Pakistani Spy Balloons
  • Spy Balloons Become Vogue in Military Strategies in Afghanistan
  • Germany to Deploy Aerostats in Mali-based U.N. Peacekeeping Mission
  • Aerostats Set to Make Big Gains in Maritime Surveillance
  • Tethered Aerostat Systems Drive Momentum in the Overall Aerostats Market
  • Tethered Aerostat Radar System (TARS): Highly Effective in Customs & Border Protection Applications
  • Aerostat Systems Increasingly Gaining Traction in Geo Spatial Intelligence
  • Evolving Role of Geospatial Data as the Key to Visualizing Data in Commercial Applications: Among the Primary Market Drivers for Aerostat Systems
  • A Peek into Usability and Relevancy of Geospatial Data in Select Core Sectors
  • Retail
  • Healthcare
  • Financial Services
  • Transportation/Logistics
  • Technology Improvements & Product Upgrades Continue to Widen Market Prospects: Select Recently Unveiled Aerostat Solutions
  • Otonom Teknoloji’s Doruk-133B Can Endure High Wind and Harsh Weather Conditions
  • CSIR Rolls Out Third Generation Aerostat with Better Aerodynamic Efficiency
  • Lockheed Martin Enhances 74K Aerostat System with Advanced Radar Capabilities
  • New SkyStar 120 Mobile Micro-Tactical Aerostat System from RT LTA Systems
  • RT LTA Unveils Improved Bladder Material for Aerostat Systems
  • Aero-T Develops SkyGuard1 Aerostat System with Multiple Intelligence Sensors
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Aerostat Systems Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Aerostat Systems Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
  • TABLE 3: Balloon (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 4: Balloon (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
  • TABLE 5: Airships (Product Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • TABLE 6: Airships (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
  • TABLE 7: Hybrid (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • TABLE 8: Hybrid (Product Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
  • TABLE 9: Unpowered (Propulsion System) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
  • TABLE 10: Unpowered (Propulsion System) Market Share Breakdown by Region/Country: 2020 VS 2027
  • TABLE 11: Powered (Propulsion System) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 12: Powered (Propulsion System) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Aerostat Systems Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 13: United States Aerostat Systems Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
  • TABLE 14: United States Aerostat Systems Market Share Breakdown by Product Type: 2020 VS 2027
  • TABLE 15: United States Aerostat Systems Market Estimates and Projections in US$ Million by Propulsion System: 2020 to 2027
  • TABLE 16: United States Aerostat Systems Market Share Breakdown by Propulsion System: 2020 VS 2027
CANADA
  • TABLE 17: Canadian Aerostat Systems Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
  • TABLE 18: Aerostat Systems Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
  • TABLE 19: Canadian Aerostat Systems Market Estimates and Forecasts in US$ Million by Propulsion System: 2020 to 2027
  • TABLE 20: Aerostat Systems Market in Canada: Percentage Share Breakdown of Sales by Propulsion System for 2020 and 2027
JAPAN
  • TABLE 21: Japanese Market for Aerostat Systems: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
  • TABLE 22: Japanese Aerostat Systems Market Share Analysis by Product Type: 2020 VS 2027
  • TABLE 23: Japanese Market for Aerostat Systems: Annual Sales Estimates and Projections in US$ Million by Propulsion System for the Period 2020-2027
  • TABLE 24: Japanese Aerostat Systems Market Share Analysis by Propulsion System: 2020 VS 2027
CHINA
  • TABLE 25: Chinese Aerostat Systems Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
  • TABLE 26: Chinese Aerostat Systems Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
  • TABLE 27: Chinese Aerostat Systems Market Growth Prospects in US$ Million by Propulsion System for the Period 2020-2027
  • TABLE 28: Chinese Aerostat Systems Market by Propulsion System: Percentage Breakdown of Sales for 2020 and 2027
EUROPE
  • Market Facts & Figures
  • European Aerostat Systems Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 29: European Aerostat Systems Market Demand Scenario in US$ Million by Region/Country: 2018-2025
  • TABLE 30: European Aerostat Systems Market Share Shift by Region/Country: 2020 VS 2027
  • TABLE 31: European Aerostat Systems Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
  • TABLE 32: European Aerostat Systems Market Share Breakdown by Product Type: 2020 VS 2027
  • TABLE 33: European Aerostat Systems Market Estimates and Forecasts in US$ Million by Propulsion System: 2020-2027
  • TABLE 34: European Aerostat Systems Market Share Breakdown by Propulsion System: 2020 VS 2027
FRANCE
  • TABLE 35: Aerostat Systems Market in France by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 36: French Aerostat Systems Market Share Analysis by Product Type: 2020 VS 2027
  • TABLE 37: Aerostat Systems Market in France by Propulsion System: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 38: French Aerostat Systems Market Share Analysis by Propulsion System: 2020 VS 2027
GERMANY
  • TABLE 39: Aerostat Systems Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
  • TABLE 40: German Aerostat Systems Market Share Breakdown by Product Type: 2020 VS 2027
  • TABLE 41: Aerostat Systems Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Propulsion System for the Period 2020-2027
  • TABLE 42: German Aerostat Systems Market Share Breakdown by Propulsion System: 2020 VS 2027
ITALY
  • TABLE 43: Italian Aerostat Systems Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
  • TABLE 44: Italian Aerostat Systems Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
  • TABLE 45: Italian Aerostat Systems Market Growth Prospects in US$ Million by Propulsion System for the Period 2020-2027
  • TABLE 46: Italian Aerostat Systems Market by Propulsion System: Percentage Breakdown of Sales for 2020 and 2027
UNITED KINGDOM
  • TABLE 47: United Kingdom Market for Aerostat Systems: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
  • TABLE 48: United Kingdom Aerostat Systems Market Share Analysis by Product Type: 2020 VS 2027
  • TABLE 49: United Kingdom Market for Aerostat Systems: Annual Sales Estimates and Projections in US$ Million by Propulsion System for the Period 2020-2027
  • TABLE 50: United Kingdom Aerostat Systems Market Share Analysis by Propulsion System: 2020 VS 2027
REST OF EUROPE
  • TABLE 51: Rest of Europe Aerostat Systems Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
  • TABLE 52: Rest of Europe Aerostat Systems Market Share Breakdown by Product Type: 2020 VS 2027
  • TABLE 53: Rest of Europe Aerostat Systems Market Estimates and Forecasts in US$ Million by Propulsion System: 2020-2027
  • TABLE 54: Rest of Europe Aerostat Systems Market Share Breakdown by Propulsion System: 2020 VS 2027
ASIA-PACIFIC
  • TABLE 55: Aerostat Systems Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 56: Asia-Pacific Aerostat Systems Market Share Analysis by Product Type: 2020 VS 2027
  • TABLE 57: Aerostat Systems Market in Asia-Pacific by Propulsion System: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 58: Asia-Pacific Aerostat Systems Market Share Analysis by Propulsion System: 2020 VS 2027
REST OF WORLD
  • TABLE 59: Rest of World Aerostat Systems Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
  • TABLE 60: Aerostat Systems Market in Rest of World: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
  • TABLE 61: Rest of World Aerostat Systems Market Estimates and Forecasts in US$ Million by Propulsion System: 2020 to 2027
  • TABLE 62: Aerostat Systems Market in Rest of World: Percentage Share Breakdown of Sales by Propulsion System for 2020 and 2027
IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown
  • ALLSOPP HELIKITES LTD.
  • HARRIS CORPORATION
  • ILC DOVER
  • ISRAEL AEROSPACE INDUSTRIES
  • LINDSTRAND TECHNOLOGIES LIMITED
  • LOCKHEED MARTIN CORPORATION
  • RAVEN INDUSTRIES, INC.
  • RAYTHEON COMPANY
  • TCOM
  • AERONAUTICS
  • CONTROP PRECISION TECHNO
Note: Product cover images may vary from those shown
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