Boston, MA -- (SBWIRE) -- 02/06/2017 -- An aerostat uses gases lighter than air such as hydrogen, helium, as well as hot air, which helps the aerostat to generate airlift. Aerostats include powered airships and unpowered balloons that are tethered to the ground. These are generally used for intelligence, surveillance, and reconnaissance (ISR) purposes by the military forces and for tourism and civilian observations. An aerostat surveillance system possesses the long-endurance capability, which is not feasible with a fixed-wing aircraft. The global aerostat systems market consists of payloads such as electro-optical sensors, cameras, radars, and navigation systems. These payloads are cost effective as compared to UAVs.

Technavio's analysts forecast the global aerostat systems market to grow at a CAGR of 11.18% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Aerostat Systems Market 2016-2020

Covered in this report

The report covers the present scenario and the growth prospects of the global aerostat systems market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of aerostat systems.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Aerostat Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors

-AUGUR-RosAeroSystems
-Lindstrand Technologies
-Lockheed Martin
-Raven Aerostar
-Raytheon
-RT

Other prominent vendors

-Drone Aviation
-FLIR Systems
-ILC Dover
-TCOM

Market driver

-Growing demand for surveillance
-For a full, detailed list, view our report

Market challenge

-Scarcity of helium gas
-For a full, detailed list, view our report

Market trend

-Accelerated use of aerostat systems
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: AUGUR-RosAeroSystems, Lindstrand Technologies, Lockheed Martin, Raven Aerostar, Raytheon, RT, Drone Aviation, FLIR Systems, ILC Dover, TCOM

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Transportation research reports at Fast Market Research

You may also be interested in these related reports:
-Monorail Systems Market - Global Forecast to 2021
-Aerostat Systems Market - Global Forecast to 2021
-Vehicle Intelligence Systems Market - Industry Trends and Forecast to 2021
-Diagnostic Imaging Market - Global Forecast to 2020
-Global Industrial Data Acquisition Systems Market 2016-2020