Global High-Altitude Pseudo Satellites (HAPS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global High-Altitude Pseudo Satellites (HAPS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

High-Altitude Pseudo Satellites (HAPS) are aircraft positioned above 20 km altitude, in the stratosphere, in order to compose a telecommunications network or perform remote sensing, for military, surveillance, communication or civil, etc. These aircraft may be airplanes, airships or balloons. The stratosphere is the layer of the atmosphere where the temperature starts to increase with altitude. High-Altitude Pseudo Satellites (HAPS) is maintained at high altitude by atmospheric lift, aerostatics/buoyancy or aerodynamic force.

Market Overview:

The latest research study on the global High-Altitude Pseudo Satellites (HAPS) market finds that the global High-Altitude Pseudo Satellites (HAPS) market reached a value of USD 2826.0 million in 2022. It’s expected that the market will achieve USD 5026.66 million by 2028, exhibiting a CAGR of 10.07% during the forecast period.

Assessment of the Overall Impact of COVID-19 on the Industry

Under the influence of the epidemic, the aerospace and production departments of various countries have stopped most of their production and manufacturing. For example, NASA announced the temporary closure until further notice, and required all non-key personnel to work from home whenever possible. The epidemic situation has hindered the production and manufacture of High-Altitude Pseudo Satellites (HAPS).

The main raw materials of high altitude long life (pseudo satellite) include high performance batteries, engines, sensors and so on. The COVID-19 epidemic has restricted the trade between countries, and the transportation of raw materials has also been restricted. The shortage of raw materials will have a certain impact on the industry of High-Altitude Pseudo Satellites (HAPS).

The epidemic has accelerated the digitalization process of various industries. HAPS Alliance, a company alliance in the industry of High-Altitude Pseudo Satellites (HAPS), has started cooperative efforts to bring 5G Internet services to remote areas through independent solar aircraft. The rapid development of Internet and 5G will bring development opportunities to the High-Altitude Pseudo Satellites (HAPS) industry.

Market Development Constraints

High-Altitude Pseudo Satellites (HAPS) needs electricity to maintain its own and payload functions. Although the current High Altitude Long Life (Pseudo Satellite) is powered by batteries or engines, the mission time is limited by the charging/refueling requirements. Therefore, future alternatives are being considered. Solar cell is one of the best choices for High-Altitude Pseudo Satellites (HAPS).
At an altitude of 20 kilometers, the air is thin and the density is about 7% of the sea level. Because the aerodynamic force and aerostatics lift that offset the aircraft weight are proportional to the air density, considering the same design features, such as total weight, aerodynamic shape and running speed, the wing area of the aircraft designed for High-Altitude Pseudo Satellites (HAPS) and the volume of airship and balloon must be 14 times larger than that of the aircraft designed for sea level. These large sizes lead to very strict optimization requirements for the weight of structures. In the case of airships and balloons, the shell material must have low weight characteristics, high strength, high damage resistance (tear, pinhole), low permeability to lifting gas, flexibility at low temperature and low degradability under ultraviolet radiation and ozone. High-Altitude Pseudo Satellites (HAPS) has high requirements for raw materials, which will bring certain challenges to the industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Northrop Grumman Corporation, Aviation Industry Corporation of China, Airbus, with the revenue market share of 57.52%, 23.73%, 4.65% in 2020.

Northrop Grumman Corporation solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Northrop Grumman Corporation focuses on field engineering, information technology, electronics, military, systems engineering, software engineering, contract, supply chain, manufacturing, logistics, aviation, national defense, unmanned systems, c4isr, network, network security, advanced electronics, directional energy and space.

The Aviation Industry Corporation of China, Ltd. (AVIC) was founded on November 6th, 2008 through the restructuring and consolidation of the China Aviation Industry Corporation Ι(AVIC Ι)and the China Aviation Industry Corporation ΙΙ (AVIC ΙΙ). We are centered on aviation and provide complete services to customers in many sectors - from research and development to operation, manufacturing and financing. Business units cover defense, transport aircrafts, helicopters, avionics and systems, general aviation, research and development, flight testing, trade and logistics, assets management, finance services, engineering and construction, automobiles and more.

Segmentation Overview:

Among different product types, High-Altitude UAVs segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Military segment occupied the biggest share from 2018 to 2022.

Key Companies in the global High-Altitude Pseudo Satellites (HAPS) market covered in Chapter 3:

Avealto Ltd.
Raven Aerostar
AeroVironment
Northrop Grumman Corporation
Tao Group
Aviation Industry Corporation of China
SpacePerspective
Thales Group
Airbus
Prismatic Ltd. (BAE Systems)
World View
Lockheed Martin

In Chapter 4 and Chapter 14.2, on the basis of types, the High-Altitude Pseudo Satellites (HAPS) market from 2018 to 2029 is primarily split into:

High-Altitude UAVs
Stratospheric Balloons
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the High-Altitude Pseudo Satellites (HAPS) market from 2018 to 2029 covers:

Military
Security
Civil Missions

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)