According to the new research report published by The Insight Partners, titled “Aerostat Market - Global Analysis and Forecast to 2027”, the global aerostat market is expected to reach US$ 14.64 Bn by 2027, registering a CAGR of 10.3% during the forecast period 2019-2027.

The homeland security teams as well as military forces across the globe are showcasing their interest towards procurement of aerostats for persistent border surveillance purposes, missile threat deterring purposes. The US Department of Defense (US DoD) is the largest procurer of aerostat in the current scenario. The US DoD constantly engages and invest in development and adoption of aerostats with an objective to deploy in various regions worldwide. Additionally, the foreign military sales (FMS) also enables various military forces in the developing countries to adopt the technology and boost their surveillance systems. Apart from the US, other countries in Europe, Asia Pacific, Middle East and Africa are also continuously investing in the adoption and deployment of aerostats, which is bolstering the aerostat market size

To Get Sample Copy Of The Report @ https://bit.ly/2Ksh67o

Key vendors engaged in the Aerostat market and covered in this report:

Aero
Allsopp Helikites Ltd.
ILC Dover
Israel Aerospace Industries Ltd.
Lindstrand Technologies Inc.
Lockheed Martin Corporation
Raven Industries, Inc.
Raytheon Company
RT
TCOM, LP

In September 2019, the US Department of Defense (DoD) had presented an agreement to TCOM, L.P., an airborne persistent surveillance solution to support the Persistent Surveillance Systems - Tethered (PSS-T) program, the contract was valued at US$ 978.9 Mn. TCOM, L.P. would offer logistics, engineering, operations, and program management services in support of the PSS-T program. This contract would support combatant commanders and joint agency necessities.

Over the past few years, geospatial intelligence has progressed and acquired the benefits of new technologies. Various organizations and governments are making full use of geospatial intelligence to handle several issues ranging from food scarcity, disaster management, and public safety to defense services. An aerostat plays a crucial role in capturing geospatial information. Aerostats that have Northrop Grumman’s STARlite radar deployed with the L3Harris’s WESCAM sensor provide precise geospatial information. In addition, the US Army Space and Missile Defense Command Battle Laboratory (USASMDC) uses Geospatial Airship Research Platform (GARP) as a testing platform for ISR and communications payloads. Thus, the need for accurate geospatial information is fueling growth in the global aerostat market.

Key points from Table of Content:

Introduction
Key Takeways
Research Methodology
Aerostat Market Landscape
Aerostat Market - Key Market Dynamics
Aerostat Market - Global Market Analysis
Aerostat Market - Revenue And Forecasts To 2027 - Type
Aerostat Market - Revenue And Forecasts To 2027 - Technology
Aerostat Market - Revenue And Forecasts To 2027 - End User
Aerostat Market Revenue And Forecasts To 2027 - Geographical Analysis
Industry Landscape
Aerostat Market, Key Company Profiles

Scope of the study:

The research on the Aerostat market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Aerostat market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Aerostat market.

Aerostat Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Major highlights of the report:

All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Study of niche industrial sectors
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market

Get More Information @ https://www.theinsightpartners.com/reports/aerostat-market

Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.

About The Insight Partners

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food, Automotive and Defence.

Contact Us

If you have any queries about this report or would like further information, please contact us:

The Insight Partners,

Phone: +1-646-491-9876

Email: [email protected]

Website: https://www.theinsightpartners.com/