Lewes, DE -- (SBWIRE) -- 09/28/2015 -- Report forecast the global aerostat systems market to grow at a CAGR of 10.9% over the period 2014-2019.

An aerostat system is a balloon-borne radar, used for intelligence, surveillance, and reconnaissance by military, civil bodies, and law enforcement agencies. Aerostat includes powered airships and unpowered balloons, which is tied to the ground station to provide necessary information to control staff. The Aerostat systems market is segmented into six types of payloads such as electro-optics, thermal imaging camera, communication intelligence, electronic intelligence, surveillance radar, inertial navigation system. These payloads are attached to the aerostat and are cost effective when compared to UAV.

The report includes the present scenario and the growth prospects of the global aerostat systems market for the period 2015-2019. The market can be segmented into six divisions: electro-optics, thermal imaging camera, communication intelligence, electronic intelligence, surveillance radar, and inertial navigation system.

Global Aerostat Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global aerostat systems market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, ISR systems assist soldiers in getting close to an opponent's position and observing their activities. This involves high risk to soldiers, but with advances in technology, persistent ISR systems have come to the attention of military forces. Lockheed Martin developed a PTDS for the US Army, which provides more than one million hours of surveillance. Hence, the demand for persistent ISR will drive the market growth.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global Aerostat Systems Market: Augur RosAeroSystems, Lockheed Martin (Aerospace and Defense), Raven Aerostar (Aerospace and Defence), Raytheon (Aerospace and Defence), RT (Aerospace and Defence)

Other Prominent Vendors in the market are: Drone Aviation, FLIR Systems, ILC Dover and TCOM

Key market driver
- Low operating costs
- For a full, detailed list, view our report

Key market challenge
- Operational hazards
- For a full, detailed list, view our report

Key market trend
- Technological advancements
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?

Spanning over 56 pages "Global Aerostat Systems Market 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market segmentation by payload, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-aerostat-systems-market-2015-2019

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