Aerostat Market Analysis Report 2019 to 2027
Aerostat Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023. | US$ 8.45 Billion |
Market Size by 2031 | US$ 16.70 Billion |
Global CAGR (2023 - 2031) | 8.9% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Aerostat Market News and Recent Developments
The aerostat market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the aerostat market are listed below:
- QinetiQ US, has received a U.S. Department of Homeland Security (DHS) Customs and Border Protection (CBP) Air and Marine (AMO) Tethered Aerostat Radar System (TARS) Operations & Maintenance (O&M) IV contract, comprising one base with four option years, valued at US$ 170 Million. (Source: QinetiQ, Press Release, Nov 2023)
- Raven Industries, Inc. (the Company; NASDAQ:RAVN) announced today that Defense Innovation Unit (DIU) has awarded a contract to Aerostar Technical Solutions, Inc. (Raven Aerostar) to provide robust high-altitude capabilities for the U.S. Department of Defense. (Source: Aerostar Technical Solutions Inc, Press Release, Nov 2021)
Aerostat Market Report Coverage and Deliverables
The “Aerostat Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Aerostat market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Aerostat market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed porter’s five forces analysis
- Aerostat market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the aerostat market
- Detailed company profiles