Aerostat System Market, By Balloon Type (Spheroidal, Ellipsoidal), By Class (Small class Aerostat, Medium-class Aerostat, Large-class Aerostat), By Application (Military, Homeland Security, Commercial Applications, Environmental Research), By Payload (Com

Aerostat System Market, By Balloon Type (Spheroidal, Ellipsoidal), By Class (Small class Aerostat, Medium-class Aerostat, Large-class Aerostat), By Application (Military, Homeland Security, Commercial Applications, Environmental Research), By Payload (Communication Relays, Electro-Optics, Surveillance Radar, Aerostat Navigation Systems), By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The Aerostat System is a low-level surface-to-air missile defense system that employs aerostat radar systems like radars. The Aerostat System has the following application surface-to-air missiles, aerial bombardment of ground targets, tracking enemy troop movements, weather atmospheric tracking, and military maneuvers. The U.S. Army's Electro-optical Integration Function (EOIB), Joint Reconnaissance Anti-radiation Technology (JTRAM), and Electronic warfare technologies use the aerostat systems to track enemy troop positions. The EMR and JLENS systems use the same technologies to detect enemy troop locations. These systems use data supplied by the operators and data provided by the satellites to control the aircraft.
Market Dynamics
Increasing terror activities and international territorial tensions are expected to boost the global aerostat system market growth over the forecast period. According to the Our World in Data, in 2017, around 26,445 people died from terrorism globally where 95% of deaths occurred in the Middle East, South Asia, and Africa. Such a large number of people dying due to terrorist activities have prompted the use of an aerostat system for efficient cross-border surveillance.
Moreover, enhanced ability to provide vital geospatial evidence is expected to accelerate growth of the global aerostat system market in the near future.
Key features of the study:
This report provides in-depth analysis of the aerostat system market, and provides market size (US$ 19,891.1 Million) and compound annual growth rate (15.0%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global aerostat system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Aerostar International, Inc., Raytheon Company, ILC Dover LP, Worldwide Aeros Corporation, Israel Aerospace Industries Ltd., TCOM L.P., Lindstrand Technologies, Ltd., RT Aerostat Systems, Inc., Lockheed Martin Corporation, and RosAeroSystems, International Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global aerostat system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aerostat system market
Detailed Segmentation:
Global Aerostat System Market, By Balloon Type:
Spheroidal
Ellipsoidal
Global Aerostat System Market, By Class:
Small class Aerostat
Medium Class Aerostat
Large Class Aerostat
Global Aerostat System Market, By Application:
Military
Homeland Security
Commercial Applications
Environmental Research
Global Aerostat System Market, By Payload:
Communication Relays
Electro-Optics
Surveillance Radar
Aerostat Navigation Systems
Global Aerostat System Market, By Region:
North America
By Balloon Type:
Spheroidal
Ellipsoidal

By Class:
Small class Aerostat
Medium Class Aerostat
Large Class Aerostat
By Application:
Small class Aerostat
Medium Class Aerostat
Large Class Aerostat
By Class
Small class Aerostat
Medium Class Aerostat
Large Class Aerostat
By Country
U.S
Canada
Asia Pacific
By Application
Image Recognition
Single Recognition
Data Mining
Other
By Vertical
Aerospace & Defense
Automotive
Consumer Electronics
Healthcare
Industrial
Other
By Country
China
India
Japan
Australia & New Zealand
South Korea
Rest of Asia Pacific
Europe
By Application
Image Recognition
Single Recognition
Data Mining
Other
By Vertical
Aerospace & Defense
Automotive
Consumer Electronics
Healthcare
Industrial
Other
By Country
Germany
Italy
U.K.
France
Spain
Russia
Rest of Europe
Latin America
By Application
Image Recognition
Single Recognition
Data Mining
Other
By Vertical
Aerospace & Defense
Automotive
Consumer Electronics
Healthcare
Industrial
Other
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
By Application
Image Recognition
Single Recognition
Data Mining
Other
By Vertical
Aerospace & Defense
Automotive
Consumer Electronics
Healthcare
Industrial
Other
By Country
GCC Countries
South Africa
Rest of Middle East and Africa

Company Profiles
Aerostar International, Inc., *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Raytheon Company
ILC Dover LP
Worldwide Aeros Corporation
Israel Aerospace Industries Ltd.
TCOM L.P.
Lindstrand Technologies, Ltd.
RT Aerostat Systems, Inc.
Lockheed Martin Corporation
RosAeroSystems, International Ltd.