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High Altitude Platform Market Share

  • Report ID: GMI683
  • Published Date: Oct 2017
  • Report Format: PDF
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High Altitude Platform Market Share

The vendors in the high altitude platform market include :

  • Aerostar International, Inc
  • Avealto Ltd
  • TCOM L.P
  • Israel Aerospace Industries Ltd
  • Lindstrand Technologies Ltd
  • Raytheon Company
  • Thales Group
  • Airbus SE
  • Lockheed Martin Corporation
  • Rafael Advanced Defense Systems Ltd

A prominent strategy amongst the HAP market players is entering into partnerships with other players. For instance, the company had entered in to a partnership with Lockheed Martin for the launch of UAS products such as the Global Observer. AeroVironment, Inc. acquired a contract of USD 2.5 million contract for the continuation and expansion of their Blackwing UAS Program which are anticipated to be delivered by May 2018 to the U.S. Army.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of high altitude platform crossed USD 1 billion in 2016.

The industry share of high altitude platform is predicted to grow at 5%+ CAGR to 2024.

Increase in global defense expenditure for the acquisition of advanced surveillance and defense technologies are likely to drive the market demand.

The U.S is anticipated to exhibit extensive sales on account of huge military customer base and favorable government initiatives and reforms.

Tethered aerostat systems are predicted to gain traction globally pertaining to its huge application spectrum including environmental research, surveillance, disaster management, and others.

Surveillance applications segment across the industry is touted to gain hefty proceeds worldwide perhaps attributing to public and military safety adoption and ability of high-altitude platforms to carry heavy payloads.

High Altitude Platform (HAP) Market Scope

  • High Altitude Platform (HAP) Market Size
  • High Altitude Platform (HAP) Market Analysis
  • High Altitude Platform (HAP) Market Share

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    Premium Report Details

    • Base Year: 2016
    • Companies covered: 14
    • Tables & Figures: 189
    • Countries covered: 16
    • Pages: 148
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