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Global Aerostat Systems Market 2019-2023

Global Aerostat Systems Market 2019-2023

About this market

Satellite-based telecommunication services are known to have capacity and performance limitations for voice and video communication applications. The high-altitude aerostats have drawn interest as they combine the best features of terrestrial and satellite-based systems. Owing to their advanced propagation characteristics, they are able to deliver efficient, cost-effective broadband services and are viable alternative infrastructure for the long-term provision of broadband access to users. A solitary high-altitude aerostat can act as a replacement for numerous terrestrial masts and significantly reduce the operating costs. The increased mobility of aerostats can be attributed to their inherent ability for flexible and prompt deployment as and when required. Thus, aerostats can be developed into new platforms with the potential to complement or replace satellites. The telecommunication service providers and satellite operators to invest heavily in the development and operation of cost-effective aerostat systems during the forecast period, which will drive the global aerostat systems market. Technavio’s analysts have predicted that the aerostat systems market will register a CAGR of close to 18% by 2023.

Market Overview

Wide scope of aerostat application

As aerostat deployment is crucial in ISR operations, vendors offer drones that can be used in numerous commercial applications. Aerostats are increasingly used for applications such as internet provision in remote places, aerial photography and video recording, survey and documentation of wildlife, and public services.

Spectrum management challenges reducing adoption

A large number of active and interested operators, along with the technical complexity of equipment that uses radio frequency (RF) spectrum, makes spectrum management very complex. The inadequate allocation and management of spectrum may restrict the deployment of high-attitude aerostat systems during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the aerostat systems market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Aerostat Systems Market 2019-2023

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increasing use of advanced materials.”

According to the report, one of the major drivers for this market is the ongoing digitization of battlefield operations.

Further, the report states that one of the major factors hindering the growth of this market is the adoption of drone for a variety of applications hamper global business opportunities for aerostat manufacturing and is likely to restrict the growth of the market.

Companies Mentioned

Alphabet Inc.
DRONE Aviation Holding Corp.
Lockheed Martin Corporation
Raytheon Company
RT LTA Systems Ltd.
TCOM
L.P.

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY TYPE
Market segmentation by type
Comparison by type
Balloons - Market size and forecast 2018-2023
Airships - Market size and forecast 2018-2023
Hybrid airships - Market size and forecast 2018-2023
Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 10: MARKET TRENDS
Increasing use of advanced materials
Rapid adoption of sensor fusion technology
Increased cooperation and launch of favorable administrative initiatives
PART 11: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 12: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Alphabet Inc.
DRONE Aviation Holding Corp.
Lockheed Martin Corporation
Raytheon Company
RT LTA Systems Ltd.
TCOM, L.P.
PART 13: APPENDIX
Research methodology
List of abbreviations
Exhibit 01: Global aerospace and defense market
Exhibit 02: Segments of global aerospace and defense market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Type - Market share 2018-2023 (%)
Exhibit 18: Comparison by type
Exhibit 19: Balloons - Market size and forecast 2018-2023 ($ billions)
Exhibit 20: Balloons - Year-over-year growth 2019-2023 (%)
Exhibit 21: Airships - Market size and forecast 2018-2023 ($ billions)
Exhibit 22: Airships - Year-over-year growth 2019-2023 (%)
Exhibit 23: Hybrid airships - Market size and forecast 2018-2023 ($ billions)
Exhibit 24: Hybrid airships - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by type
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 38: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Alphabet Inc. - Vendor overview
Exhibit 49: Alphabet Inc. - Business segments
Exhibit 50: Alphabet Inc. - Organizational developments
Exhibit 51: Alphabet Inc. - Geographic focus
Exhibit 52: Alphabet Inc. - Segment focus
Exhibit 53: Alphabet Inc. - Key offerings
Exhibit 54: DRONE Aviation Holding Corp. - Vendor overview
Exhibit 55: DRONE Aviation Holding Corp. - Business segments
Exhibit 56: DRONE Aviation Holding Corp. - Organizational developments
Exhibit 57: DRONE Aviation Holding Corp. - Key offerings
Exhibit 58: Lockheed Martin Corporation - Vendor overview
Exhibit 59: Lockheed Martin Corporation - Business segments
Exhibit 60: Lockheed Martin Corporation - Organizational developments
Exhibit 61: Lockheed Martin Corporation - Geographic focus
Exhibit 62: Lockheed Martin Corporation - Segment focus
Exhibit 63: Lockheed Martin Corporation - Key offerings
Exhibit 64: Lockheed Martin Corporation - Key customers
Exhibit 65: Raytheon Company - Vendor overview
Exhibit 66: Raytheon Company - Business segments
Exhibit 67: Raytheon Company - Organizational developments
Exhibit 68: Raytheon Company - Geographic focus
Exhibit 69: Raytheon Company - Segment focus
Exhibit 70: Raytheon Company - Key offerings
Exhibit 71: Raytheon Company - Key customers
Exhibit 72: RT LTA Systems Ltd. - Vendor overview
Exhibit 73: RT LTA Systems Ltd. - Organizational developments
Exhibit 74: RT LTA Systems Ltd. - Key offerings
Exhibit 75: RT LTA Systems Ltd. - Key customers
Exhibit 76: TCOM, L.P. - Vendor overview
Exhibit 77: TCOM, L.P. - Organizational developments
Exhibit 78: TCOM, L.P. - Key offerings
Exhibit 79: TCOM, L.P. - Key customers
Exhibit 80: Validation techniques employed for market sizing

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