Dublin, July 24, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/53h35h/aerostat_systems) has announced the addition of the "Global Aerostat Systems (Electro-Optics, Thermal Imaging Camera , Electronic Intelligence, Surveillance Radar, INS) Market - Forecast & Analysis to 2020" report to their offering.
This report discusses the market opportunities in the aerostat systems market. This market has huge potential due to its various applications in the homeland security and defense segments. Aerostat is a lighter-than-air platform that consists of an aerodynamic balloon tethered to the ground cables. The cables act as a relay for data transmission between the aerostat and ground station. The aerostat systems are widely used for the intelligence, surveillance and reconnaissance, communication, law enforcement, border patrolling, weather forecasting, and coast guarding.
This report provides a market analysis of the aerostat systems market over the next six years. It discusses the industry, market, and technology trends that currently prevail in the market. It analyzes the factors that drive the market, challenges faced by the industry, and the factors that restrain the growth of this market.
The Aerostat Systems Market is estimated at $3.93 Billion in 2014 and is expected to register a CAGR of 11.92% to reach $7.72 Billion by 2020.
The market is segmented on the basis of aerostat class that includes the small, medium, and large class of aerostat systems. It also covers the aerostat systems market by different payloads that include electro-optics, communication intelligence, thermal imaging camera, electronic intelligence, surveillance radar, and an inertial navigation system. The spheroidal and ellipsoidal balloons market has also been covered in this report.
Further, deep market analyses of regions that include North America, Latin America, Europe, APAC, and the Middle East have also been covered in this report. Though the market is dominated by North America and Europe, with the recent economy twist, there is a lot of defense budget cuts and instability in the market. APAC, Russia, and the Middle Eastern region are expected to drive the market during the forecast period.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Trend Analysis
5 Global Aerostat Systems Market Analysis
6 Geographic Analysis
7 Country Analysis
8 Competitive Landscape
9 Company Profiles
- Aeroscraft Corporation
- Augur Rosaerosystems
- Israel Aerospace Industries (IAI)
- Lindstrand Technologies Ltd.
- Lockheed Martin
- Near Space Systems, Inc.
- RT LTA Systems Ltd.
- Rafael Advanced Defense Systems Ltd.
- Raven Industries, Inc.
- Tcom L.P.
For more information visit http://www.researchandmarkets.com/research/53h35h/aerostat_systems
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Source:Research and Markets