Global Aerostat Systems Market Report Information by Product Type (Balloon, Airship, and Hybrid), by Class (Compact-Sized, Mid-Sized, and Large-Sized), by Payloads (EO/IS, CI, INS, Radar, and Thermal Imaging Camera), and by Region - Forecast to 2023.

Pune, India -- (SBWire) -- 08/27/2018 --Aerostat Systems Market Scenario

The global Aerostat Systems Market is expected to grow at a CAGR of around 13% during 2016-2021. The factors behind such significant growth are growing demand of surveillance and intelligence from military and homeland security agencies. This system provides round the clock surveillance and is quite effective during extreme whether condition.

High acquisition risk (overweight components, and difficulties with integration and software development) and operational hazards such as wind speed, and lightning are some external factors posing threat to the market.

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This report includes a study of strategies of major market players in the Global Aerostat Systems Market include :

- AUGUR-RosAeroSystems
- Raven Industries Inc.
- Lockheed Martin
- Raytheon
- Exelis Inc.
- Allsopp Helikites Ltd.
- ILC Dover
- L.P.
- Israel Aerospace Industries
- Lindstrand Technologies Limited
- Drone Aviation

Industry/ Innovation/ Related News:

July 23, 2015: Reliance Unmanned Systems has signed a Memorandum of Understanding (MOU) with Augur Overseas Operation of Singapore to manufacture Aerostats and Airships in India.

June 1, 2015 — Raven Industries has been awarded a firm-fixed price (FFP) contract through the Naval Air Warfare Center Aircraft Division Lakehurst, N.J. for the procurement of Exportable Persistent Ground Surveillance Systems (EPGSS), spare equipment and technical support. The tethered aerostat contract was awarded for approximately $6 million and is expected to be delivered over the next 12 months.

June 2015: AUGUR-RosAeroSystems announces to build lighter-than-air military airships capable of carrying 200 personnel and travelling up to 105 mph without the need for a runaway

Aerostat Systems Market – Competitive Analysis

The aerospace and defense industry value chain has evolved, moving from a traditional approach, where OEMs were involved in handling end-to-end manufacturing, to that of a design and systems integrator. The value chain consists of research and development (R&D), design, manufacturing, assembly, sales, and aftermarket services delivered to end customers.

With increasing aerospace activities, aerospace OEMs are moving from vertically integrated manufacturing to design and systems integration, and the industry structure has changed to a tier-based system of suppliers. Today, the majority of work is outsourced to partners with proven competencies across these areas. These partners invest in R&D activities and other processes together, sharing risks and revenues, which indicates that a larger share of manufacturing and assembly activities is available with Tier 2 and Tier 3 suppliers.

Aerostat Systems Market – Segments

For the convenience of the report and enhanced understanding; The Aerostat Systems Market is segmented in to 4 key dynamics

Segmentation by Type: Ballon, Airship, and Hybrid.
Segmentation by Class: Compact-Sized, Mid-Sized, Large-Sized.
Segmentation by Payloads: EO/IS, CI, INS, Radar, Thermal Imaging Camera.
Segmentation by Regions: Comprises Geographical regions - Americas (North & Latin), Europe, APAC and Middle East & Africa.

Regional Analysis:

The U.S., being the largest military spender across the world, is investing in aerostat systems for the purpose of surveillance and border security. Some of the investments, such as Drone Aviation, received an order to enhance the aerostat systems from a prime contractor of defense in the U.S. The main purpose is to enhance systems where new technologies, such as advanced optics, wireless electronics, infrared images, and communication package, are used. The U.S. Army will provide intelligence systems to Afghanistan, which will enable the soldiers to hear enemy radio communication and detect enemy's location.

The growth in Europe Middle East & Africa (EMEA) is majorly contributed by the Middle East due to increasing budgets and continuous need for the nation's safety. Gulf States, such as UAE and Kuwait, have invested in aerostat systems to monitor borders and airspace. In the year 2014, a total of 353 aerostats was sold and by 2018, it is further expected to deliver 962 aerostats that will contribute to the growth in the market.

TCOM and Bintang Kencana signed a MOU to supply aerostat system for the maritime security and safety for Malaysian citizens, which is likely to contribute to the growth of the market. Similarly, in 2011, it was reported that Augur-RosAero Systems had an agreement with China, to supply an aerostat system for the country, which is the third largest tethered aerostat.

Furthermore, the Pentagon has plans to deliver weapon systems to Iraq that will help them to prevent terrorist activities.

Israel aerospace industries were awarded a contract for providing communication intelligence systems, which would be installed in aerostats and ground vehicles. This configuration will help to monitor large areas and persistent surveillance, while minimizing the obstacles of the terrain. Moreover, the Defence Research and Development Organisation (DRDO), in India, has developed an aerostat, which is equipped with electro-optic and communication intelligence payload. This will help them to perform surveillance in Agra and interception of communication.

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Intended Audience

- Distributor & Supplier companies
- End-Users
- Consultants and Investment Bankers
- Government as well as Independent Regulatory Authorities

Scope of Report

This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Aerostat Systems Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.

1 Executive Summary$ 1,350.00

2 Scope of the Report$ 0.00
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations

2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape$ 950.00
3.1 Porter's Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis

Continues...

List of Tables$

Table 1 Global Aerostat Systems Market: by Region, 2017-2023
Table 2 North America Aerostat Systems Market: by Country, 2017-2023
Table 3 Europe Aerostat Systems Market: by Country, 2017-2023
Table 4 Asia Pacific Aerostat Systems Market: by Country, 2017-2023
Table 5 Row Aerostat Systems Market: by Country, 2017-2023
Table 6 Global Aerostat Systems Market, by Product Type by Regions, 2017-2023

Continues...

List of Figures$

Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 7 Porter's Five Forces Analysis
Figure 7 Value Chain Analysis

Continues...

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