Aerostat Systems Market

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Global Aerostat Systems Market Report Information by Product Type (Balloon, Airship, and Hybrid), by Class (Compact-Sized, Mid-Sized, and Large-Sized), by Payloads (EO/IS, CI, INS, Radar, and Thermal Imaging Camera), and by Region - Forecast to 2023.

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Aerostat Systems Market Research Report - Forecast to 2023

Global Aerostat Systems Market Report Information by Product Type (Balloon, Airship, and Hybrid), by

Class (Compact-Sized, Mid-Sized, and Large-Sized), by Payloads (EO/IS, CI, INS, Radar, and Thermal Imaging

Camera), and by Region - Forecast to 2023.

An aerostat is a system that uses lighter than air gases, such as helium, hydrogen, and hot air gases, to provide a lift to the

aerostat from the ground surface. They are used for intelligence, surveillance, and reconnaissance by military forces and

also in civilian observation. The operating cost associated with aerostat is low when compared to unmanned aerial systems,

which are expensive and have limited endurance. Aerostat requires less crew for its operation and also, the maintenance is

low because it has less mechanical parts. The wide range of applications provided by aerostat systems generates a large

demand for persistent ISR solutions, which drives the market. The latest trend in the industry is the HD thermal imaging, a

new feature of the aerostat systems, which provides images, during day and night, by eliminating the obstacles of terrains.

Moreover, the joint developments of companies have led to the enhancement of aerostat systems.

The demand for aerostat systems is continuously increasing due to its wide range of applications, cost-effectiveness, low

operational costs, easy to deploy, and low personnel expertise. There is a strong demand from military and homeland

security for surveillance, intelligence, and reconnaissance, which has led to new investments. For example, Lockheed Martin

received a contract for Persistent Threat Detection aerostat systems from the U.S. Army. The main purpose of this

investment is to detect improvised explosive devices and the system can provide round-the-clock surveillance for longrange

distances. Moreover, Lockheed Martin has delivered 8,000 aerostats for commercial and military use and had

contracts to supply aerostat surveillance systems to deploy in Iraq. In Addition, the RAID program by the U.S., which utilizes

surveillance equipment, has led the U.S. army to monitor important locations. The aerostats used in the U.S. Army program,

named persistent ground surveillance system, has low operating cost when compared to using UAV, which likely contributes

to the growth of the market. In recent years, vendors are facing high acquisition risk due to significant technical challenges,

such as difficulties in software development and overweight components, which has driven up the costs and delays in

schedule. For example, the Pentagon is facing difficulties in developing aerostats for gathering intelligence and

reconnaissance, due to technical and design problems, which has resulted in delays in schedule and making the aerostat

more expensive.

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