Market Overview:

The United States aerostat systems market exhibited robust growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its robust growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States aerostat systems market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on 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.

Report Coverage:

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?