DUBLIN--(BUSINESS WIRE)--The "Global High-Altitude Aeronautics Platform Station (HAAPS) Market: Focus on Platform (Unmanned Aerial Vehicles, Airships, Balloons, Tethered Aerostats and Tethered Drones), Payload, and End-Users - Analysis and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering.
The HAAPS market generated a revenue of $3,756.8 million in 2017, with military end-user holding the highest share.
The Unmanned Aerial Vehicles (UAVs) market accounts for a large share in overall revenue generated. The high share of UAVs is mainly attributed to the growing need of UAVs for surveillance across defense agencies. Additionally, several manufacturers are conducting research on the development of solar-powered UAV for its use in providing internet connectivity to remote areas.
North America, followed by Europe, Asia Pacific, and Rest-of-the-world, is expected to dominate the market during the forecast period (2018-2028). The United States is the leading country in the HAAPS market, globally and the country is expected to maintain its dominance during the forecast period.
Asia Pacific is expected to grow at the highest CAGR with China dominating the market in this region. This region is growing at a much faster rate as compared to North America and Europe due to continuous efforts by both the government and HAAPS manufacturers.
Some of the key players in the HAAPS market include: Lockheed Martin, Raytheon, Airbus, TCOM L.P., Thales Alenia Space, Bye Aerospace, Raven Aerostar, Google, Facebook, and Augur RosAeroSystems.
- Competitive Advantage Over Conventional Satellite and Terrestrial-based Systems
- Growing Need of HAAPS Technology in Military End-User
- Design Challenges with HAAPS
- Power Limitations on HAAPS
- Increasing Need of HAAPS Technology in Several Applications
- Rising Opportunities for Developing Countries
- Growing Requirement for In-Flight Mobile Connectivity
- Increasing Demand for Solar-Powered Technologies
- AeroVironment, Inc.
- Airbus Group SE
- Augur RosAeroSystems
- Bye Aerospace
- CyPhy Works, Inc.
- Hoverfly Technologies, Inc.
- Lockheed Martin Corporation
- Raven Industries, Inc.
- Thales Group
- TCOM, L.P.
Key Topics Covered
1 Market Dynamics
2 Competitive Insights
3 Industry Analysis
4 Global High-Altitude Aeronautics Platform Station Market, 2017-2028
5 Global High Altitude Aeronautics Platform Station Market by Platform
6 Global High Altitude Aeronautics Platform Station Market by Payload
7 Global High Altitude Aeronautics Platform Station Market by End-User
8 Global High Altitude Aeronautics Platform Station Market by Region
9 Company Profiles
10 Research Scope & Methodology
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