United States Aerostat Systems Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Aerostat Systems Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The United States aerostat system market is currently witnessing robust growth. An aerostat system is a low-level airborne ground supervision system that lifts using a buoyant gas, lighter than air. It is widely used as a tactical airborne platform for radar systems, scientific equipment, and camera and communication equipment. It finds extensive applications in urban drone tracking operations to protect high-value assets in the United States.

The market is primarily driven by the increasing investments in the defense budget and military infrastructure in the United States. For instance, Bravura Information Technology Systems, Inc. recently signed a contract worth US$ 305.7 with the US army to support the maintenance and sustainment cost of Persistent Surveillance Systems-Tethered Aerostat (PSS-T). Furthermore, leading manufacturers are collaborating with telecommunication service providers to improve the telecommunication network quality, which is positively influencing the market growth. For instance, Altaeros launched the world’s first aerial cell tower SuperTower ST200 to enhance 4G LTE networks in the region. However, the sudden outbreak of the coronavirus disease (COVID-19) and the imposition of lockdown in several countries have disrupted operations at the production units of aerostat systems in the country. The market is anticipated to regain growth once the government introduces relaxations in lockdown. Looking forward, the market is expected to continue its robust growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States aerostat system market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, payload, sub-system, product type, propulsion system and class.

Breakup by Payload:

Surveillance Radar
Inertial Navigation System
Thermal Imaging Camera
Electro-Optical Sensor
Electronic Intelligence
Communication Intelligence

Breakup by Sub-System:

Aerostat
Ground Control Station (GCS)
Payload

Breakup by Product Type:

Balloon
Airship
Hybrid

Breakup by Propulsion System:

Powered Aerostats
Unpowered Aerostats

Breakup by Class:

Compact-Sized Aerostats
Mid-Sized Aerostats
Large-Sized Aerostats

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the United States aerostat systems market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the United States aerostat systems market?
What are the key regional markets?
What is the breakup of the market based on the payload?
What is the breakup of the market based on the sub-system?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the propulsion system?
What is the breakup of the market based on the class?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the United States aerostat systems market and who are the key players?
What is the degree of competition in the industry?