Aerostat Systems Market (by Small, Medium, Large & Geography) to Reach $9.96 Billion by 2020 – Report from MarketsandMarkets
(PRWEB) November 23, 2014 -- The report "Aerostat Systems Market by Aerostat Class (Small, Medium, Large), by Balloon Type (Spheroidal, Ellipsoidal), by Payload (Electro-Optics, Thermal Imaging Camera, Electronic Intelligence, Surveillance Radar, INS), by Geography (North America, Europe, APAC, Latin America, Middle East) - Market Forecast & Analysis to 2013 - 2020", defines and segments the data center automation market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges and opportunities impacting it along with the future road maps.
The world’s most important homeland security is expected to spend heavily on medium and large aerostat systems, which provide enhanced intelligence, surveillance and reconnaissance, communication, law enforcement, and border patrolling capabilities. The motivation for the drift to the aerostat systems includes low cost, long endurance, and high resolution image transmission capabilities.
Browse 71 market data tables and 54 figures spread through 175 pages and in-depth TOC on "Aerostat Systems Market - Market Forecast & Analysis to 2013 - 2020"
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The increasing order for the Tethered Aerostat Radar System (TARS) and Persistent Threat Detection System (PTDS) drives the growth of the aerostat systems market in North America. Currently, there are eight operational TARS that have been deployed in the southwest border of the U.S. in order to monitor drug trafficking. This market is expected to increase in future with the expanding security coverage in other parts of the country. The demand for PTDS will grow with the increasing need to provide ground forces with situational awareness against Improvised Explosive Devices (IEDs) and incoming missiles.
Aerostats are able of providing low-cost, long-endurance surveillance capabilities not possible with other types of aircraft. Attached by a high-strength cable to a mooring system, aerostats might carry different types of surveillance sensors to conduct multiple missions. They are filled with helium and stay airborne around-the-clock. The increasing demand for the Tethered Aerostat Radar System (TARS) drives the growth of aerostat systems market in North America. Currently, there are eight operational TARS that have been deployed in the southwest border of the U.S. in order to monitor drug trafficking. This market is expected to increase in future with the expanding security coverage in other parts of the country. Lockheed Martin has extensive experience with aerostats, serving as the systems integrator and operations and maintenance provider for the Tethered Aerostat Radar System (TARS).
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