Global Aerostat Systems Market Size, Share and Forecast 2015 to 2022Posted by johnson on May 22nd, 2017 According to a new industry research report published by Credence Research, Inc. “Aerostat Systems Market (Communication Systems, Surveillance Radar, Electro-optical/Infrared (EO/IR) Systems and Navigation Systems) industry – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the global aerostat systems industry was valued at US$ 3,758.9 Mn in 2014 and is estimated to expand with a CAGR of 12.9% from 2015 to 2022. Browsr Here For Full Report : http://www.credenceresearch.com/report/aerostat-systems-market Aerostat systems are airborne platforms that are designed to stay aloft for several days using a tethering cable. These systems gain the lift using various lighter-than-air (LTA) gases such as hydrogen, helium and hot air. Aerostat systems are equipped with different payloads, depending upon the application, such as surveillance radar, EO/IR imaging systems, communication relays and navigation systems. As of 2014, surveillance radar segment accounts for the largest share, in terms of revenue, of more than 40% of the global industry. Nevertheless, with increasing adoption of aerostat systems in the wireless communication sector, the communication systems segment is estimated to register the highest growth in the coming years.Aerostat Systems industry Based upon the product class of aerostats, the industry is segmented into small class, medium class and large class aerostat systems. Currently, the medium class aerostat systems segment accounts for the largest industry share, in terms of revenue, globally. These aerostat systems are fairly large and cheap and hence are suited for most of the low-medium altitude applications. Hence, the segment is expected to retain its dominant position in the industry throughout the forecast period. Nevertheless, large class aerostat systems segment is projected to witness the highest growth in the coming years, globally. These class of aerostat systems are capable of carrying large payloads and can be operated at altitudes ranging up to 65,000 feet from the Earth’s surface. Further, with emergence of projects such as the Project Loon and Internet.org which intend to deliver wireless communication using high altitude aerostats, the large aerostats segment is expected to witness high demand in the near future. Browse here for same category report : http://www.credenceresearch.com/sample-request/57722 Competitive Insights: Key Trends: Development of high performance fabrics for aerostats envelope Request Free Sample: http://www.credenceresearch.com/sample-request/57722 About Us Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task. Who we are Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals. Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa. Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect. Contact: Name: Chris Smith (Global Sales Manager) Address: 105 N 1st ST #429, SAN JOSE, Ph: 1-800-361-8290 E-mail: sales@credenceresearch.com Website: http://www.credenceresearch.com Like it? Share it!More by this author |