Aerostat Market Scope And Analysis

  • Report Code : TIPRE00007392
  • Category : Aerospace and Defense
  • No. of Pages : 150
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Aerostat Market Analysis Report 2019 to 2027

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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
  • Airships
  • Balloons
  • Hybrid Aerostat
  • HAPS
By Payload
  • Surveillance Radar
  • Navigation System
  • Communication Relays
By Application
  • Military and Commercial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Aero
  • Allsopp Helikites Ltd
  • ILC Dover
  • Israel Aerospace Industries Ltd
  • Lindstrand Technologies Inc
  • Lockheed Martin Corporation
  • Raven Industries Inc
  • Raytheon Company
  • RT
  • 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