Market Overview:
The global tactical aerostat systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for tactical aerostat systems for military monitoring, wildlife monitoring, geospatial imaging, oil and gas monitoring, wildfire management, and other applications. North America is expected to lead the global tactical aerostat systems market in terms of revenue during the forecast period.
Product Definition:
A tactical aerostat system (TAS) is a tethered balloon or airship that is used to provide persistent surveillance, communications relay, and/or battlefield illumination. TAS systems are typically employed by ground forces in order to extend their situational awareness and provide an improved ability to detect and engage targets at longer ranges.
Payload Below 50Kg:
Payload below 50Kg is a new term in the market and it means the weight of payload that can be carried by tactical aerostat systems. The payload below 50Kg is an important parameter for all types of tactical aerostats such as tethered, unhitched free flight, or gas-filled.
Payload Greater than or equal to 50Kg:
Payload greater than or equal to 50Kg is used in tactical aerostat systems. These payloads are capable of supporting a single soldier for a week, along with his equipment. They can also support two soldiers for up to five days. The system consists of an aerostat (balloon), which is tethered to the ground by nylon cord, along with a winch system that allows it to be retrieved after it has been deployed.
Application Insights:
The military monitoring segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing defense expenditure by countries such as China, India and Russia. Furthermore, growing concerns regarding troop safety and morale are expected to drive demand over the forecast period.
Geospatial imaging is anticipated to witness significant growth over the forecast period owing to its applications such as disaster management, oil and gas exploration activities among others. The ability of these systems to provide high-resolution images from a height provides an advantage during rescue operations or natural disasters where human entry is prohibited due to risk or danger involved. Growing adoption for geospatial imaging solutions among commercial organizations for various purposes such as land use planning, environmental studies etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a significant increase in spending on aerial surveillance systems over the forecast period. Increased investments by countries such as Canada and Mexico for deploying advanced aerostat technologies are anticipated to drive regional growth. For instance, Mexico has planned to spend USD X million from 2018 to 2022 on strategic initiatives for national security and defense purposes.
The Asia Pacific regional market is projected to grow at a lucrative rate over the forecast period owing to increasing government spending on deploying these systems across various countries including India, China, Indonesia among others are anticipated boost demand for ATs in this region.
Growth Factors:
- Increasing demand for persistent surveillance and intelligence gathering systems across the globe
- Proliferation of Unmanned Aerial Vehicles (UAVs) and Remotely Piloted Aircraft Systems (RPAS) that can be operated in tandem with tactical aerostat systems for enhanced situational awareness
- Growing investments by governments towards homeland security and defence initiatives
- Rising need for early warning and disaster management systems in developing countries
- Technological advancements in aerostat platforms that offer enhanced performance, durability, and reliability
Scope Of The Report
Report Attributes
Report Details
Report Title
Tactical Aerostat Systems Market Research Report
By Type
Payload Below 50Kg, Payload Greater than or equal to 50Kg
By Application
Military Monitoring, Wildlife Monitoring, Geospatial Imaging, Oil and Gas Monitoring, Wildfire Management, Other
By Companies
Lockheed Martin, General Dynamics, Northrop Grumman, Raven Aerostar, TCOM, Vigilance, Peraton, Aeroscraft Corporation, NADATS, ELTA Systems, Drone Aviation Holding, Aeronautics Ltd.
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Tactical Aerostat Systems Market Report Segments:
The global Tactical Aerostat Systems market is segmented on the basis of:
Types
Payload Below 50Kg, Payload Greater than or equal to 50Kg
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
Military Monitoring, Wildlife Monitoring, Geospatial Imaging, Oil and Gas Monitoring, Wildfire Management, Other
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
- General Dynamics
- Northrop Grumman
- Raven Aerostar
- TCOM
- Vigilance
- Peraton
- Aeroscraft Corporation
- NADATS
- ELTA Systems
- Drone Aviation Holding
- Aeronautics Ltd.
Highlights of The Tactical Aerostat Systems 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:
- Payload Below 50Kg
- Payload Greater than or equal to 50Kg
- By Application:
- Military Monitoring
- Wildlife Monitoring
- Geospatial Imaging
- Oil and Gas Monitoring
- Wildfire Management
- Other
- 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 Tactical Aerostat Systems 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?
Tactical Aerostat Systems (TAS) are a type of unmanned aerial vehicle that use aerodynamic lift to stay in the air. They are often used for surveillance or reconnaissance, and can be equipped with sensors to gather information about the environment.
Some of the major players in the tactical aerostat systems market are Lockheed Martin, General Dynamics, Northrop Grumman, Raven Aerostar, TCOM, Vigilance, Peraton, Aeroscraft Corporation, NADATS, ELTA Systems, Drone Aviation Holding, Aeronautics Ltd..
The tactical aerostat systems market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tactical Aerostat Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tactical Aerostat Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tactical Aerostat Systems Market - Supply Chain
4.5. Global Tactical Aerostat Systems Market Forecast
4.5.1. Tactical Aerostat Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tactical Aerostat Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tactical Aerostat Systems Market Absolute $ Opportunity
5. Global Tactical Aerostat Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tactical Aerostat Systems Market Size and Volume Forecast by Type
5.3.1. Payload Below 50Kg
5.3.2. Payload Greater than or equal to 50Kg
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tactical Aerostat Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tactical Aerostat Systems Market Size and Volume Forecast by Application
6.3.1. Military Monitoring
6.3.2. Wildlife Monitoring
6.3.3. Geospatial Imaging
6.3.4. Oil and Gas Monitoring
6.3.5. Wildfire Management
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tactical Aerostat Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tactical Aerostat Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tactical Aerostat Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tactical Aerostat Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tactical Aerostat Systems Demand Share Forecast, 2019-2026
9. North America Tactical Aerostat Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tactical Aerostat Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tactical Aerostat Systems Market Size and Volume Forecast by Application
9.4.1. Military Monitoring
9.4.2. Wildlife Monitoring
9.4.3. Geospatial Imaging
9.4.4. Oil and Gas Monitoring
9.4.5. Wildfire Management
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tactical Aerostat Systems Market Size and Volume Forecast by Type
9.7.1. Payload Below 50Kg
9.7.2. Payload Greater than or equal to 50Kg
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tactical Aerostat Systems Demand Share Forecast, 2019-2026
10. Latin America Tactical Aerostat Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tactical Aerostat Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tactical Aerostat Systems Market Size and Volume Forecast by Application
10.4.1. Military Monitoring
10.4.2. Wildlife Monitoring
10.4.3. Geospatial Imaging
10.4.4. Oil and Gas Monitoring
10.4.5. Wildfire Management
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tactical Aerostat Systems Market Size and Volume Forecast by Type
10.7.1. Payload Below 50Kg
10.7.2. Payload Greater than or equal to 50Kg
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tactical Aerostat Systems Demand Share Forecast, 2019-2026
11. Europe Tactical Aerostat Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tactical Aerostat Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tactical Aerostat Systems Market Size and Volume Forecast by Application
11.4.1. Military Monitoring
11.4.2. Wildlife Monitoring
11.4.3. Geospatial Imaging
11.4.4. Oil and Gas Monitoring
11.4.5. Wildfire Management
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tactical Aerostat Systems Market Size and Volume Forecast by Type
11.7.1. PayloadBelow 50Kg
11.7.2. Payload Greater than or equal to 50Kg
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tactical Aerostat Systems Demand Share, 2019-2026
12. Asia Pacific Tactical Aerostat Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tactical Aerostat Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tactical Aerostat Systems Market Size and Volume Forecast by Application
12.4.1. Military Monitoring
12.4.2. Wildlife Monitoring
12.4.3. Geospatial Imaging
12.4.4. Oil and Gas Monitoring
12.4.5. Wildfire Management
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tactical Aerostat Systems Market Size and Volume Forecast by Type
12.7.1. Payload Below 50Kg
12.7.2. Payload Greater than or equal to 50Kg
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tactical Aerostat Systems Demand Share, 2019-2026
13. Middle East & Africa Tactical Aerostat Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tactical Aerostat Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tactical Aerostat Systems Market Size and Volume Forecast by Application
13.4.1. Military Monitoring
13.4.2. Wildlife Monitoring
13.4.3. Geospatial Imaging
13.4.4. Oil and Gas Monitoring
13.4.5. Wildfire Management
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tactical Aerostat Systems Market Size and Volume Forecast by Type
13.7.1. Payload Below 50Kg
13.7.2. Payload Greater than or equal to 50Kg
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tactical Aerostat Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tactical Aerostat Systems Market: Market Share Analysis
14.2. Tactical Aerostat Systems Distributors and Customers
14.3. Tactical Aerostat Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lockheed Martin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Dynamics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Northrop Grumman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Raven Aerostar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TCOM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vigilance
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Peraton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aeroscraft Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NADATS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ELTA Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Drone Aviation Holding
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aeronautics Ltd.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
