keyboard_arrow_up

Aerostat Systems Market is Dominated by the Countries in the North America, Asia-Pacific, and the Middle Eastern Regions

The key players profiled in this report are Lockheed Martin (U.S.), TCOMP L.P (Columbia), Raven Aerostar (U.S.), Raytheon Company (U.S), AUGUR-RosAeroSystems (Russia), RT (Israel), and Near Space Systems (U.S.).

Aerostat Systems Market by Aerostat Class (Small, Medium, Large), by Balloon Type (Spheroidal, Ellipsoidal), by Payload (Electro-Optics, Thermal Imaging Camera, Electronic Intelligence, Surveillance Radar, INS), by Geography (North America, Europe, APAC, Latin America, Middle East) - Market Forecast & Analysis to 2013 - 2020

This research report analysis the aerostat systems market that are used for various applications such as border security, surveillance, reconnaissance, communication, law enforcement, border patrolling, weather forecasting, and coast guarding. An aerostat system includes aerostat, tether, mobile mooring platform, mission payloads, ground control station, power generator, and gas filling stations. This report provides a market analysis of the aerostat systems market over the next six years. It discusses the industry, market, and technology trends that currently prevail in the market. It analyzes the factors that drive the market, challenges faced by the industry, and the factors that restrain the growth of this market.

http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=193315635

Increase in defense budgets in countries like China, India, and South Korea will fuel the growth of this market in the defense segment. China has announced that it will increase its defense budget by 12.2% to $132 billion this year. It is planning to spend a significant amount on aerostat systems in order to improve its border security and surveillance capabilities.

Aerostats are capable of providing low-cost, long-endurance surveillance capabilities not possible with other types of aircraft. Attached by a high-strength cable to a mooring system, aerostats may carry different types of surveillance sensors to conduct multiple missions. They are filled with helium and stay airborne around-the-clock. The increasing demand for the Tethered Aerostat Radar System (TARS) drives the growth of aerostat systems market in North America. Currently, there are eight operational TARS that have been deployed in the southwest border of the U.S. in order to monitor drug trafficking. This market is expected to increase in future with the expanding security coverage in other parts of the country. Lockheed Martin has extensive experience with aerostats, serving as the systems integrator and operations and maintenance provider for the Tethered Aerostat Radar System (TARS).

An aerostat is a platform that uses a buoyant that is lighter than air gases such as helium, hydrogen, and hot air. These gases lift the tethered balloon with nearly the same overall density as air. The key structural components include a lightweight skin envelope that contains helium gas to provide buoyancy, payload, and a ground control station. Depending on the application of the aerostat systems are the different payloads attached such as electro-optics, communication intelligence, thermal imaging camera, electronic intelligence, surveillance radar, and inertial navigation system.

The aerostat system market has been segmented on the basis of aerostat class, balloon type, payload, and region. The aerostat class segmentation includes small (~30 m), medium (32-36 m), and large (68-72 m) systems. The world’s leading homeland security is expected to spend heavily on medium and large aerostat systems, which provide enhanced intelligence, surveillance and reconnaissance, communication, law enforcement, and border patrolling capabilities. The motivation for the drift to the aerostat systems includes low cost, long endurance, and high resolution image transmission capabilities.

http://www.marketsandmarkets.com/Market-Reports/aerostat-systems-market-193315635.html

Akashdeep, Nakshatra, and Chakshu are the major programs for aerostat development that are being conducted in India and all these programs are mainly focused on the development of small aerostat systems. Small aerostat systems are capable of providing persistent intelligence, surveillance and reconnaissance (ISR) facility adhering to the military requirements of the country. The low operational cost involved in the deployment and the increasing demand for small aerostat drives the growth of this market in Asia-Pacific region.

Lockheed Martin (U.S.), TCOMP L.P (Columbia), Raven Aerostar (U.S.), ILC Dover(U.S.), Raytheon Company (U.S), AUGUR-RosAeroSystems (Russia), RT (Israel), Exelis (U.S.), Sky Sentry (Colorado), and LTAS (U.S.) are some of the leading players in this market.


Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com