Driven by the Growing Demand of Surveillance, Global Aerostat Systems Market Estimated to raise at a CAGR of 11.18 % during 2016-2020
Driven by the Growing Demand of Surveillance, Global Aerostat Systems Market Estimated to raise at a CAGR of 11.18 % during 2016-2020
No of Pages – 63 Publishing Date- December, 2016
Browse detailed TOC, Tables, Figures, and Charts in Global Serial Device Server Consumption 2016 Market Research Report at: http:// www. marketresearchhub. com / report / global-aerostat-systems-market-2016-2020-report. html
According to this industry research, some of the foremost factors responsible for the amplified procurement & development of aerostats is the increasing occurrence of extreme attacks and cross-border clashes on a global level. This further leads to the growing need for better crossborder and maritime surveillance. By looking at these factors, analysts have projected that the market will grow at a high CAGR of 11.18 % during the forecast period of 2016 to 2020. The Aerostat Systems Market Report studied that these payloads are cost effective as compared to UAVs. Among these, surveillance radar segment accounted for the maximum market share and also will remain same for the next few years. Through the geographical analysis, Americas are the largest segment holding the maximum market share. Moreover, the impact of the drivers and challenges on the market has also been discussed. Currently, the major challenge is an insufficiency of helium gas that helps the aerostats to generate airlifts.