Global Aerostat Systems Market 2020-2024

Global Aerostat Systems Market 2020-2024

Technavio has been monitoring the aerostat systems market and it is poised to grow by $ 5.58 bn during 2020-2024 progressing at a CAGR of 13% during the forecast period. Our reports on aerostat systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the better performance and cost benefits compared with geostationary satellites, wide scope of aerostat application, and ongoing digitization of battlefield operations. In addition, better performance and cost benefits compared with geostationary satellites is anticipated to boost the growth of the market as well.

The aerostat systems market analysis includes type segment and geographic landscapes

Technavio's aerostat systems market is segmented as below:

By Type

  • Balloons
  • Airships
  • Hybrid airships
By Geographic Landscapes
  • North America
  • Europe
  • APAC
  • South America
  • MEA
This study identifies the increasing use of advanced materials as one of the prime reasons driving the aerostat systems market growth during the next few years. Also, rapid adoption of sensor fusion technology, and increased cooperation and launch of favorable administrative initiatives will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our aerostat systems market covers the following areas:
  • Aerostat systems market sizing
  • Aerostat systems market forecast
  • Aerostat systems market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aerostat systems market vendors that include Alphabet Inc., COMSovereign Holding Corp., Israel Aerospace Industries Ltd., Lockheed Martin Corp., Raven Industries Inc., Raytheon Technologies Corp., RT, TCOM LP, Thales Group, and Zero 2 Infinity SL. Also, the aerostat systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain: Aerospace and defense
      • Inputs
      • Inbound logistics
      • Operations
      • Marketing and sales
      • Aftermarket and service
      • Industry innovation
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global aerostat systems market 2020-2024 ($ billion), exclusive of COVID-19
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Balloons - Market size and forecast 2019- 2024
      • Table Balloons - Market size and forecast 2019-2024 ($ billion)
      • Table Balloons - Market size and forecast 2019-2024 ($ billion), exclusive of COVID- 19 impact
      • Table Balloons - Year-over-year growth 2019-2024 (%)
    • Airships - Market size and forecast 2019-2024
      • Table Airships - Market size and forecast 2019-2024 ($ billion)
      • Table Airships - Market size and forecast 2019-2024 ($ billion), exclusive of COVID- 19 impact
      • Table Airships - Year-over-year growth 2019-2024 (%)
    • Hybrid airships - Market size and forecast 2019- 2024
      • Table Hybrid airships - Market size and forecast 2019-2024 ($ billion)
      • Table Hybrid airships - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Hybrid airships - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table Aerostat systems market in North America 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Aerostat systems market in Europe 2020-2024 ($ billion), exclusive of COVID- 19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table Aerostat systems market in APAC 2020-2024 ($ billion), exclusive of COVID- 19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table Aerostat systems market in South America 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table Aerostat systems market in MEA 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Volume drivers - Demand led growth
      • Better performance and cost benefits compared with geostationary satellites
      • Wide scope of aerostat application
      • Ongoing digitization of battlefield operations
    • Market challenges
      • Spectrum management challenges reducing adoption
      • Rising demand for drones
      • Operational constraints
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing use of advanced materials
      • Rapid adoption of sensor fusion technology
      • Increased cooperation and launch of favorable administrative initiatives
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alphabet Inc.
      • Table Alphabet Inc. - Overview
      • Table Alphabet Inc. - Business segments
      • Table Alphabet Inc. - Key news
      • Table Alphabet Inc. - Key offerings
      • Table Alphabet Inc. - Segment focus
    • COMSovereign Holding Corp.
      • Table COMSovereign Holding Corp. –Overview
      • Table COMSovereign Holding Corp. - Business segments
      • Table COMSovereign Holding Corp. - Key news
      • Table COMSovereign Holding Corp. - Key offerings
    • Israel Aerospace Industries Ltd.
      • Table Israel Aerospace Industries Ltd. –Overview
      • Table Israel Aerospace Industries Ltd. - Product and service
      • Table Israel Aerospace Industries Ltd. - Key news
      • Table Israel Aerospace Industries Ltd. - Key offerings
    • Lockheed Martin Corp.
      • Table Lockheed Martin Corp. –Overview
      • Table Lockheed Martin Corp. - Business segments
      • Table Lockheed Martin Corp. - Key news
      • Table Lockheed Martin Corp. - Key offerings
      • Table Lockheed Martin Corp. - Segment focus
    • Raven Industries Inc.
      • Table Raven Industries Inc. –Overview
      • Table Raven Industries Inc. - Business segments
      • Table Raven Industries Inc. - Key news
      • Table Raven Industries Inc. - Key offerings
      • Table Raven Industries Inc. - Segment focus
    • Raytheon Technologies Corp.
      • Table Raytheon Technologies Corp. –Overview
      • Table Raytheon Technologies Corp. - Business segments
      • Table Raytheon Technologies Corp. - Key news
      • Table Raytheon Technologies Corp. - Key offerings
      • Table Raytheon Technologies Corp. - Segment focus
    • RT
      • Table RT – Overview
      • Table RT - Business segments
      • Table RT - Key offerings
    • TCOM LP
      • Table TCOM LP – Overview
      • Table TCOM LP - Business segments
      • Table TCOM LP - Key news
      • Table TCOM LP - Key offerings
    • Thales Group
      • Table Thales Group – Overview
      • Table Thales Group - Business segments
      • Table Thales Group - Key news
      • Table Thales Group - Key offerings
      • Table Thales Group - Segment focus
    • Zero 2 Infinity SL
      • Table Zero 2 Infinity SL – Overview
      • Table Zero 2 Infinity SL - Business segments
      • Table Zero 2 Infinity SL - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook