The aerostat systems market is expected to grow from USD 5.42 billion in 2016 to USD 10.95 billion by 2021, at a CAGR of 15.10% from 2016 to 2021. The aerostat systems market is driven by factors, such as increasing ability of aerostats to provide persistent surveillance for a longer duration, ability to provide vital geospatial evidence as well as increasing focus on using economical solutions for surveillance. Complete report on aerostat systems market spread across 159 pages, profiling 09 companies and supported with 67 tables and 112 figures is now available at http://www.rnrmarketresearch.com/aerostat-systems-market-by-aerostat-class-small-medium-large-by-balloon-type-spheroidal-ellipsoidal-by-payloadelectro-optics-thermal-imaging-camera-electronic-intelligence-surveillance-market-report.html .
Large-sized aerostat based on class to witness the highest growth during the forecast period. The large-sized aerostat segment has been estimated to be worth USD 206.57 million in 2016 and is projected to reach USD 452.98 million by 2021, registering a CAGR of 17.00% during the forecast period. The rise in the demand advanced airships as well as hybrid vehicles fuel the growth of large-sized aerostat system market.
The Middle East region is expected to exhibit the highest growth rate in the aerostat systems market and is projected to grow at CAGR of approx. 18.3% during the forecast period from 2016 to 2021. The growth of aerostat systems market in this region can be attributed to the rising demand for persistent surveillance, owing to the increase in terrorism in the region.
From an insight perspective, aerostat systems market research report has focused on various levels of analysis, industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the aerostat systems market, high-growth regions, and market drivers, restraints, and opportunities.
The major players in aerostat systems market include Raytheon Company, Lockheed Martin Corporation, Tcom L.P., Raven Industries Inc., Exelis Inc., Allsopp Helikites Ltd., ILC Dover, L.P., Israel Aerospace Industries (IAI) and Lindstrand Technologies Limited. Priced at $4650 for a single user PDF, Inquire Before Buying on “Aerostat Systems Market by Sub-System, by Product Type (Balloon, Airship, Hybrid), by Propulsion System (Powered, Unpowered), by Class (Compact-Sized, Mid-Sized, Large-Sized), by Payload, by Geography - Global Forecast to 2021” research report can be requested at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=188082 .
On a related note, another research titled Commercial Aircraft Oxygen System Market Global Forecast to 2020 says, the commercial aircraft oxygen systems (CAOS) market is expected to witness a healthy growth during the forecast period and projected to reach USD 4.47 billion by 2020 at a CAGR of 6.33% from 2015 to 2020. The CAOS market is dominated by the passenger aircraft oxygen system segment, both in terms of growth rate and market share. Companies like B/E Aerospace, Inc., Zodiac Aerospace S.A., Cobham PLC, Air Liquide, Technodinamika Holding, JSC, Aviation Oxygen System, Inc., Basa Aviation Ltd., Aeromedix.Com LLC, Precise Flight, Inc. and Ventura Aerospace, Inc. have been profiled in this 140 pages research report available at http://www.rnrmarketresearch.com/commercial-aircraft-oxygen-system-market-by-system-passenger-oxygen-system-crew-oxygen-system-component-oxygen-storage-oxygen-delivery-oxygen-mask-mechanism-chemical-oxygen-generator-compressed-oxygen-sys-st-to-2020-market-report.html .
Explore more reports on Aerospace market at http://www.rnrmarketresearch.com/reports/automotive-transportation/aviation/aviationaerospace .
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