High Altitude Platform Market Size By Product (UAV, Airships, Tethered Aerostat Systems), By Application (Surveillance, Navigation & Remote Sensing, Communication, EO/IR System), By End-use (Government & Defense, Commercial), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2017 - 2024
Published Date: March - 2025 | Publisher: MRA | No of Pages: 240 | Industry: Aerospace | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationHigh Altitude Platform Market Size By Product (UAV, Airships, Tethered Aerostat Systems), By Application (Surveillance, Navigation & Remote Sensing, Communication, EO/IR System), By End-use (Government & Defense, Commercial), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2017 - 2024
High Altitude Platform Market Size By Product (UAV, Airships, Tethered Aerostat Systems), By Application (Surveillance, Navigation & Remote Sensing, Communication, EO/IR System), By End-use (Government & Defense, Commercial), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2017 - 2024
High Altitude Platform Market Size
High Altitude Platform Market size was estimated at over USD 1 billion in 2016 and is predicted to grow at over 5% CAGR from 2017 to 2024.
To get key market trends
Hey there, You know what's driving the market for these high-tech aerial platforms? It's the huge increase in defense spending around the world. Countries are spending big bucks to buy drones and other cool surveillance stuff to keep their people safe. Why the sudden spending spree? Well, with terrorist attacks and illegal activities on the rise, governments are feeling the pressure to protect their citizens. Just think about the Las Vegas shooting in 2017 - it was a huge wake-up call. Things like that have everyone on edge, and businesses are feeling the impact too. But here's the good news. These platforms can stay in the air for a long time and take crystal-clear pictures, which helps governments keep an eye on things. That's why countries like India, the UK, and the US are giving money to companies that make these platforms. For example, France gave a bunch of cash to Thales Alenia Space to help them build a new prototype platform called the Stratobus. So, yeah, the demand for these platforms is skyrocketing, and governments are doing their part to support the industry.
Imagine Asia Pacific as a bustling hub for industries, with countries like China and India leading the charge. These nations have become magnets for businesses looking to outsource tasks because they offer a vast pool of skilled and affordable workers, along with abundant raw materials. But here's the catchthese outsourced activities rely heavily on the internet to connect with clients and stay on top of things. That's why there's a huge demand for high-altitude platform (HAP) vehicles, which use solar power instead of traditional fuels. HAP vehicles are like giant floating umbrellas that beam down internet connectivity from high up in the sky. They're an eco-friendly solution that can reduce our reliance on gas-guzzling vehicles. And since they can cover a wide geographical area, they're perfect for connecting businesses and their far-flung units. In the long run, HAP vehicles are expected to play a major role in the growth of the HAP market. They're a smart and sustainable way to meet the communication needs of our increasingly interconnected world.
Report Attribute | Details |
---|---|
Base Year | 2016 |
High Altitude Platform (HAP) Market Size in 2016 | 1 Billion (USD) |
Forecast Period | 2017 to 2024 |
Forecast Period 2017 to 2024 CAGR | 5% |
2024 Value Projection | 1.5 Billion (USD) |
Historical Data for | 2013 to 2016 |
No. of Pages | 148 |
Tables, Charts & Figures | 189 |
Segments covered | Product, Application, End-use and Region |
Growth Drivers |
|
Pitfalls & Challenges |
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What are the growth opportunities in this market?
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These vehicles require high initial costs for the manufacturing and continuous recurring costs for the maintenance, posing a challenge to the high altitude platform market growth. High exposure to wind speed ranging more than 95 mph can result in substantial damage to the technologies. The development of these technologies requires a very skilled workforce with specialized training in the development and the maintenance of these systems.
High Altitude Platform Market Analysis
The current trend of solar-powered technologies is a major driver for the UAV market. These systems can provide massive savings in term of fuel costs while reducing the CO2 emissions.
Tethered aerostat systems are anticipated to hold the largest high altitude platform market share due to its large number of applications such as surveillance, information gathering, environmental research, disaster management among others. The United Coast Guard and Customs Service faced major issues pertaining to cross border drug trafficking along the Southern borders. To combat this issue, TCOM L.P was awarded a contract for the development of their 71M aerostats that are equipped with advanced radar payloads and can provide persistent long-range surveillance.
Surveillance applications dominate the high altitude platform market owing to military and public safety adoption. Airships and UAVs allow the detection and identification of criminals with the aid of advanced aerial imaging and video analytic systems to match facial features of the criminals to the databases. These platforms can carry payloads ranging to above three tons and cover very large areas.
The communication segment in high altitude platform market will witness growth due to projects imitated by prominent IT companies such as Google and Facebook. Google has launched various projects such as Skybender and Loon for the provision of internet services to remote and underserved locations displaced across the world. Wireless communication technology is anticipated to exhibit massive growth to a large increase in smartphone and portable device usage, making HAP stations indispensable in the long-term.
Improvements in LTA technology has aided the growth of the high altitude platform market for military applications. The capabilities of these systems are not limited to only surveillance purposes. The platforms are capable of carrying massive payloads and used for the transportation of armaments and weaponry. In 2015, China tested a new helium-filled stratospheric airship, Yuanmeng. The system designed and built by Beijing Aerospace Technology Company, is capable of operating for 48 hours continuously.
The telecommunication segment of the HAP market is projected to have high growth during the forecast timespan. Companies operating in the medical sector are investing highly in R&D activities for the development of telecommunication and navigation services. HAPs used for telesurgery provide medical aid in locations that do not have direct access to medical practitioners and are highly instrumental in increasing the life expectancy of the rural population and soldiers and military officials situated in remote locations.
When it comes to high-altitude platforms, the United States is expected to lead the way, with the Asia-Pacific region also seeing a boom in their use for both communication and commercial purposes. The military has been a major driver of this growth, particularly in Asia, where they are investing heavily in these technologies. Right now, governments are testing out systems like drones to see how they perform. If they prove successful, we could see a huge increase in their use in the future. In the United States, the government is scaling back its involvement in foreign conflicts and focusing more on domestic and regional security. This is creating a big demand for aerospace and defense technologies for things like protecting the homeland and patrolling borders.
The economic boom in the South-East Asian countries is contributing to the high growth of the HAP market. Outsourcing of various business operations requires continuous connection to the internet and other communication facilities. Disruption in connectivity can result in massive financial losses for regional players. Additionally, the consumers in the region are also seeking high speed broadband services and wireless connectivity which at lower rates.
High Altitude Platform Market Share
The vendors in the high altitude platform market include
- Aerostar International, Inc
- Avealto Ltd
- TCOM L.P
- Israel Aerospace Industries Ltd
- Lindstrand Technologies Ltd
- Raytheon Company
- Thales Group
- Airbus SE
- Lockheed Martin Corporation
- Rafael Advanced Defense Systems Ltd
A prominent strategy amongst the HAP market players is entering into partnerships with other players. For instance, the company had entered in to a partnership with Lockheed Martin for the launch of UAS products such as the Global Observer. AeroVironment, Inc. acquired a contract of USD 2.5 million contract for the continuation and expansion of their Blackwing UAS Program which are anticipated to be delivered by May 2018 to the U.S. Army.
High Altitude Platform (HAP) Industry Background
HAP enables governments to expand their defense technology portfolio and use advanced technology systems for surveillance and data relays across uneven terrains such as large water bodies which are relatively hard to reach by terrestrial towers. These platforms, situated in the stratosphere have lower latency issues than satellite systems due to closer placement and line-of-sight. Although the market comprises of very few players, the competition is moderate owing to the large-scale collaborations between the existing players for the development of new technologies.
The government is a major consumer of these products owing to their applications in surveillance and navigation. The manufacturers in the high altitude platform market generally partner with large government agencies such as the US Military and NASA for testing and prototype development. In May 2016, AeroVironment announced that it was partnering with SmartC2 and NASA for the testing and demonstration of Unmanned Traffic Management (UTM) Technology Capability Levels (TCL) 2 flight.
Table of Content
Report Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. HAP industry 3600 synopses, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Application trends
2.1.4. End-user trends
Chapter 3. HAP Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. High Altitude Platforms Mobile Robotic Telesurgery (HAPsMRT)
3.4.2. Stratospheric aerostats and telecommunication platforms
3.4.3. Broadband Communications via HAPs
3.5. Regulatory landscape
3.5.1. Military standards
3.5.2. Privacy issues
3.5.3. Radio regulations by International Telecommunication Union
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. High penetration of the internet and wireless technology in Asia Pacific
3.6.1.2. Increase in defense and public safety spending in the U.S
3.6.1.3. Demand for in-flight passenger connectivity in the Asia Pacific and Europe
3.6.1.4. Operational advantages over terrestrial and satellite systems in the U.S, Europe, and Asia Pacific
3.6.1.5. High focus on solar powered technology in North America and Europe
3.6.2. Industry pitfalls & challenges
3.6.2.1. High manufacturing and maintenance costs
3.7. Growth Potential Analysis
3.8. Porter's analysis
3.9. Competitive landscape and strategic dashboard
3.9.1. Investment landscape
3.9.1.1. Google
3.9.1.2. Facebook
3.9.1.3. Integrated Sensor is Structure high altitude program
3.9.1.4. Joint Land-Attack Cruise Missile Elevated Netted Sensor system (JLENS)
3.9.1.5. Stratolaunch Aircraft Project
3.10. PESTEL analysis
Chapter 4. HAP Market, By Product
4.1. HAP market share, by product, 2016 & 2024
4.2. Unmanned aerial vehicles (UAV)
4.2.1. Market estimates and forecasts, 2013 - 2024
4.3. Airships
4.3.1. Market estimates and forecasts, 2013 - 2024
4.4. Tethered aerostat systems
4.4.1. Market estimates and forecasts, 2013 - 2024
Chapter 5. HAP Market, By Application
5.1. HAP market share, by application, 2016 & 2024
5.2. Surveillance
5.2.1. Market estimates and forecasts, 2013 – 2024
5.3. Navigation and remote sensing
5.3.1. Market estimates and forecasts, 2013 - 2024
5.4. Communication
5.4.1. Market estimates and forecasts, 2013 - 2024
5.5. EO/IR system
5.5.1. Market estimates and forecasts, 2013 – 2024
Chapter 6. HAP Market, By End-user
6.1. HAP market share, by end-user, 2016 & 2024
6.2. Government & defense
6.2.1. Market estimates and forecasts, 2013 - 2024
6.3. Commercial
6.3.1. Market estimates and forecasts, 2013 - 2024
Chapter 7. HAP Market, By Region
7.1. Global HAP market share by region, 2016 & 2024
7.2. North America
7.2.1. Market estimates and forecast by technology, 2013 – 2024
7.2.2. U.S.
7.2.2.1. Market estimates and forecast by technology, 2013 – 2024
7.2.3. Canada
7.2.3.1. Market estimates and forecast by technology, 2013 – 2024
7.3. Europe
7.3.1. Market estimates and forecast by technology, 2013 – 2024
7.3.2. Germany
7.3.2.1. Market estimates and forecast by technology, 2013 – 2024
7.3.3. UK
7.3.3.1. Market estimates and forecast by technology, 2013 – 2024
7.3.4. France
7.3.4.1. Market estimates and forecast by technology, 2013 – 2024
7.4. Asia Pacific
7.4.1. Market estimates and forecast by technology, 2013 – 2024
7.4.2. China
7.4.2.1. Market estimates and forecast by technology, 2013 – 2024
7.4.3. India
7.4.3.1. Market estimates and forecast by technology, 2013 – 2024
7.4.4. Japan
7.4.4.1. Market estimates and forecast by technology, 2013 – 2024
7.4.5. Australia and New Zealand
7.4.5.1. Market estimates and forecast by technology, 2013 – 2024
7.5. Latin America
7.5.1. Market estimates and forecast by technology, 2013 – 2024
7.5.2. Brazil
7.5.2.1. Market estimates and forecast by technology, 2013 – 2024
7.5.3. Mexico
7.5.3.1. Market estimates and forecast by technology, 2013 – 2024
7.6. Middle East & Africa (MEA)
7.6.1. Market estimates and forecast by technology, 2013 – 2024
7.6.2. Saudi Arabia
7.6.2.1. Market estimates and forecast by technology, 2013 – 2024
7.6.3. U.A.E
7.6.3.1. Market estimates and forecast by technology, 2013 – 2024
7.6.4. Africa
7.6.4.1. Market estimates and forecast by technology, 2013 – 2024
Chapter 8. Company Profiles
8.1. Aerostar International, Inc.
8.1.1. Business Overview
8.1.2. Financial Data
8.1.3. Product Landscape
8.1.4. Strategic Outlook
8.1.5. SWOT Analysis
8.2. AeroVironment, Inc.
8.2.1. Business Overview
8.2.2. Financial Data
8.2.3. Product Landscape
8.2.4. Strategic Outlook
8.2.5. SWOT Analysis
8.3. Airbus SE
8.3.1. Business Overview
8.3.2. Financial Data
8.3.3. Product Landscape
8.3.4. Strategic Outlook
8.3.5. SWOT Analysis
8.4. Avealto Ltd.
8.4.1. Business Overview
8.4.2. Financial Data
8.4.3. Product Landscape
8.4.4. Strategic Outlook
8.4.5. SWOT Analysis
8.5. Elektra Solar GmbH
8.5.1. Business Overview
8.5.2. Financial Data
8.5.3. Product Landscape
8.5.4. Strategic Outlook
8.5.5. SWOT Analysis
8.6. ILC Dover L.P.
8.6.1. Business Overview
8.6.2. Financial Data
8.6.3. Product Landscape
8.6.4. Strategic Outlook
8.6.5. SWOT Analysis
8.7. Israel Aerospace Industries Ltd.
8.7.1. Business Overview
8.7.2. Financial Data
8.7.3. Product Landscape
8.7.4. Strategic Outlook
8.7.5. SWOT Analysis
8.8. Lindstrand Technologies Ltd.
8.8.1. Business Overview
8.8.2. Financial Data
8.8.3. Product Landscape
8.8.4. Strategic Outlook
8.8.5. SWOT Analysis
8.9. Lockheed Martin Corporation
8.9.1. Business Overview
8.9.2. Financial Data
8.9.3. Product Landscape
8.9.4. Strategic Outlook
8.9.5. SWOT Analysis
8.10. Rafael Advanced Defense Systems Ltd.
8.10.1. Business Overview
8.10.2. Financial Data
8.10.3. Product Landscape
8.10.4. Strategic Outlook
8.10.5. SWOT Analysis
8.11. Raytheon Company
8.11.1. Business Overview
8.11.2. Financial Data
8.11.3. Product Landscape
8.11.4. Strategic Outlook
8.11.5. SWOT Analysis
8.12. TCOM L.P.
8.12.1. Business Overview
8.12.2. Financial Data
8.12.3. Product Landscape
8.12.4. Strategic Outlook
8.12.5. SWOT Analysis
8.13. Thales Group
8.13.1. Business Overview
8.13.2. Financial Data
8.13.3. Product Landscape
8.13.4. Strategic Outlook
8.13.5. SWOT Analysis
8.14. Worldwide Aeros Corporation
8.14.1. Business Overview
8.14.2. Financial Data
8.14.3. Product Landscape
8.14.4. Strategic Outlook
8.14.5. SWOT Analysis
- Aerostar International, Inc
- Avealto Ltd
- TCOM L.P
- Israel Aerospace Industries Ltd
- Lindstrand Technologies Ltd
- Raytheon Company
- Thales Group
- Airbus SE
- Lockheed Martin Corporation
- Rafael Advanced Defense Systems Ltd
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