Market Research Report
Global Aerostat Systems Market 2019-2023
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||340616|
|Published||Content info||129 Pages
Delivery time: 1-2 business days
|Global Aerostat Systems Market 2019-2023|
|Published: February 22, 2019||Content info: 129 Pages||
Satellite-based telecommunication services are known to have capacity and performance limitations for voice and video communication applications. The high-altitude aerostats have drawn interest as they combine the best features of terrestrial and satellite-based systems. Owing to their advanced propagation characteristics, they are able to deliver efficient, cost-effective broadband services and are viable alternative infrastructure for the long-term provision of broadband access to users. A solitary high-altitude aerostat can act as a replacement for numerous terrestrial masts and significantly reduce the operating costs. The increased mobility of aerostats can be attributed to their inherent ability for flexible and prompt deployment as and when required. Thus, aerostats can be developed into new platforms with the potential to complement or replace satellites. The telecommunication service providers and satellite operators to invest heavily in the development and operation of cost-effective aerostat systems during the forecast period, which will drive the global aerostat systems market. Technavio's analysts have predicted that the aerostat systems market will register a CAGR of close to 18% by 2023.
As aerostat deployment is crucial in ISR operations, vendors offer drones that can be used in numerous commercial applications. Aerostats are increasingly used for applications such as internet provision in remote places, aerial photography and video recording, survey and documentation of wildlife, and public services.
A large number of active and interested operators, along with the technical complexity of equipment that uses radio frequency (RF) spectrum, makes spectrum management very complex. The inadequate allocation and management of spectrum may restrict the deployment of high-attitude aerostat systems during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the aerostat systems market during the 2019-2023, view our report.
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.