Market Overview:
The Global Stratospheric UAV Payloads Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for stratospheric UAV payloads for commercial and national security applications. The market is segmented by type into signal intelligence (SIGINT), electronic intelligence (ELINT), communication intelligence (COMINT), and telemetry intelligence (TELINT). The SIGINT segment is expected to hold the largest share of the global stratospheric UAV payloads market in 2018. This can be attributed to the increasing demand for SIGINT capabilities for military and homeland security applications. The ELINT segment is projected to grow at a higher CAGR during the forecast period, owing to its growing use in defense and commercial applications. The global stratospheric UAV payloads market has been regionally divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of revenue, North America held the largest share of the global stratospheric UAV payloads market in 2017. This can be attributed primarily to rising investments by governments in defense sector coupled with growing adoption of advanced technologies across various industry verticals in this region.
Product Definition:
Stratospheric UAV payloads are used to carry out various tasks and missions while in the stratosphere. They can be used for things such as military reconnaissance, weather monitoring, or communication relay. Stratospheric UAV payloads are important because they allow us to collect data and conduct tasks from a high altitude, which can provide a more comprehensive view of the area than traditional methods.
Signal Intelligence (SIGINT):
Signal intelligence (SIGINT) is a term used to define the information gathering from the enemy's signals and communications. It comprises of two parts: passive and active. The passive part includes detection of radio, microwave, etc., while active consists of deciphering the messages through listening devices like radios, direction finders, teleprinters or by breaking codes. In military terms it is used for gather information about target activities without being detected physically present at the location.
Electronic Intelligence (ELINT):
Electronic intelligence (ELINT) is the intelligence gathered from electromagnetic signals. It includes radio, radar, and infrared emissions from vehicles and objects around the globe. ELINT provides valuable information about vehicle location, target strength & capabilities, friendly & enemy movement status among others. Stratospheric UAV payloads are expected to include sensors that can gather ELINT data in addition to other sensor types such as weather monitoring systems and air quality monitoring systems which are already present in drones today.
Application Insights:
The commercial payloads segment dominated the global stratospheric UAV payload market in 2017. The growth of this segment can be attributed to the growing adoption of drones for aerial imaging and mapping applications across various industries such as agriculture, infrastructure, construction, etc. Furthermore, rising demand for high-resolution aerial imagery and mapping data by governments across various sectors is expected to drive the growth of this segment over the forecast period. National security payloads are projected to witness significant growth over the forecast period owing to increasing concerns regarding terrorism at a domestic level as well as transnational level which has resulted in increased spending on intelligence gathering activities conducted through satellites.
Satellite communication is one of the key applications that involves high costs associated with its operation due to extensive usage requirements from both government agencies.
Regional Analysis:
North America dominated the global stratospheric UAV payloads market in 2017. The presence of major defense and aerospace companies, such as Boeing, Lockheed Martin Corporation, Northrup Grumman Aerospace Systems LLC., and Raytheon Technologies Corporation in the region has positively influenced the growth of this vertical. Moreover, increasing military spending by countries like China and India is expected to drive demand for these systems over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising tensions between nuclear-armed nations like India and Pakistan along with other South Asian countries; thus leading to an increase in military expenditure by respective governments which can be used for developing advanced intelligence gathering technologies. Furthermore Stratospheric Spy Devices (SSD) are a cost-effective alternative solution that offers enhanced capabilities enabling real-time data collection from high above ground level without any risk of collision or damage caused during descent operations especially at low altitudes where infrastructure facilities are limited or nonexistent.
Growth Factors:
- Increasing demand for UAV payloads for commercial and military applications
- Growing number of small UAV platforms that can carry heavier payloads
- Proliferation of stratospheric balloons and airships as alternative launch platforms
- Advances in sensor and communication technologies
- Increased funding for R&D on stratospheric UAV payloads
Scope Of The Report
Report Attributes
Report Details
Report Title
Stratospheric UAV Payloads Market Research Report
By Type
Signal Intelligence (SIGINT), Electronic Intelligence (ELINT), Communication Intelligence (COMINT), Telemetry Intelligence (TELINT)
By Application
National security payloads, Commercial payloads
By Companies
Lockheed Martin Corporation, Boeing, QinetiQ, Global Near Space Services, OPENSTRATOSPHERE S.A., ARCA SPACE CORPORATION
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Stratospheric UAV Payloads Market Report Segments:
The global Stratospheric UAV Payloads market is segmented on the basis of:
Types
Signal Intelligence (SIGINT), Electronic Intelligence (ELINT), Communication Intelligence (COMINT), Telemetry Intelligence (TELINT)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
National security payloads, Commercial payloads
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lockheed Martin Corporation
- Boeing
- QinetiQ
- Global Near Space Services
- OPENSTRATOSPHERE S.A.
- ARCA SPACE CORPORATION
Highlights of The Stratospheric UAV Payloads Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Signal Intelligence (SIGINT)
- Electronic Intelligence (ELINT)
- Communication Intelligence (COMINT)
- Telemetry Intelligence (TELINT)
- By Application:
- National security payloads
- Commercial payloads
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stratospheric UAV Payloads Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A stratospheric UAV payload is a type of aerial vehicle that is designed to fly in the stratosphere, which is the highest layer of Earth's atmosphere. Stratospheric UAVs are used for a variety of purposes, including monitoring weather conditions, mapping terrain and conducting research.
Some of the major players in the stratospheric uav payloads market are Lockheed Martin Corporation, Boeing, QinetiQ, Global Near Space Services, OPENSTRATOSPHERE S.A., ARCA SPACE CORPORATION.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stratospheric UAV Payloads Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Stratospheric UAV Payloads Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stratospheric UAV Payloads Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Stratospheric UAV Payloads Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Stratospheric UAV Payloads Market Size & Forecast, 2018-2028
4.5.1 Stratospheric UAV Payloads Market Size and Y-o-Y Growth
4.5.2 Stratospheric UAV Payloads Market Absolute $ Opportunity
Chapter 5 Global Stratospheric UAV Payloads Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Stratospheric UAV Payloads Market Size Forecast by Type
5.2.1 Signal Intelligence (SIGINT)
5.2.2 Electronic Intelligence (ELINT)
5.2.3 Communication Intelligence (COMINT)
5.2.4 Telemetry Intelligence (TELINT)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stratospheric UAV Payloads Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Stratospheric UAV Payloads Market Size Forecast by Applications
6.2.1 National security payloads
6.2.2 Commercial payloads
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stratospheric UAV Payloads Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Stratospheric UAV Payloads Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Stratospheric UAV Payloads Analysis and Forecast
9.1 Introduction
9.2 North America Stratospheric UAV Payloads Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Stratospheric UAV Payloads Market Size Forecast by Type
9.6.1 Signal Intelligence (SIGINT)
9.6.2 Electronic Intelligence (ELINT)
9.6.3 Communication Intelligence (COMINT)
9.6.4 Telemetry Intelligence (TELINT)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Stratospheric UAV Payloads Market Size Forecast by Applications
9.10.1 National security payloads
9.10.2 Commercial payloads
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Stratospheric UAV Payloads Analysis and Forecast
10.1 Introduction
10.2 Europe Stratospheric UAV Payloads Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Stratospheric UAV Payloads Market Size Forecast by Type
10.6.1 Signal Intelligence (SIGINT)
10.6.2 Electronic Intelligence (ELINT)
10.6.3 Communication Intelligence (COMINT)
10.6.4 Telemetry Intelligence (TELINT)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Stratospheric UAV Payloads Market Size Forecast by Applications
10.10.1 National security payloads
10.10.2 Commercial payloads
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Stratospheric UAV Payloads Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stratospheric UAV Payloads Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Stratospheric UAV Payloads Market Size Forecast by Type
11.6.1 Signal Intelligence (SIGINT)
11.6.2 Electronic Intelligence (ELINT)
11.6.3 Communication Intelligence (COMINT)
11.6.4 Telemetry Intelligence (TELINT)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Stratospheric UAV Payloads Market Size Forecast by Applications
11.10.1 National security payloads
11.10.2 Commercial payloads
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Stratospheric UAV Payloads Analysis and Forecast
12.1 Introduction
12.2 Latin America Stratospheric UAV Payloads Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Stratospheric UAV Payloads Market Size Forecast by Type
12.6.1 Signal Intelligence (SIGINT)
12.6.2 Electronic Intelligence (ELINT)
12.6.3 Communication Intelligence (COMINT)
12.6.4 Telemetry Intelligence (TELINT)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Stratospheric UAV Payloads Market Size Forecast by Applications
12.10.1 National security payloads
12.10.2 Commercial payloads
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Stratospheric UAV Payloads Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stratospheric UAV Payloads Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Stratospheric UAV Payloads Market Size Forecast by Type
13.6.1 Signal Intelligence (SIGINT)
13.6.2 Electronic Intelligence (ELINT)
13.6.3 Communication Intelligence (COMINT)
13.6.4 Telemetry Intelligence (TELINT)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Stratospheric UAV Payloads Market Size Forecast by Applications
13.10.1 National security payloads
13.10.2 Commercial payloads
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Stratospheric UAV Payloads Market: Competitive Dashboard
14.2 Global Stratospheric UAV Payloads Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lockheed Martin Corporation
14.3.2 Boeing
14.3.3 QinetiQ
14.3.4 Global Near Space Services
14.3.5 OPENSTRATOSPHERE S.A.
14.3.6 ARCA SPACE CORPORATION
