Aerostat Systems Market
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.
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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<strong>Aerostat</strong> <strong>Systems</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
Regional Analysis<br />
The U.S., being the largest military spender across the world, is investing in aerostat systems for the purpose of surveillance<br />
and border security. Some of the investments, such as Drone Aviation, received an order to enhance the aerostat systems<br />
from a prime contractor of defense in the U.S. The main purpose is to enhance systems where new technologies, such as<br />
advanced optics, wireless electronics, infrared images, and communication package, are used. The U.S. Army will provide<br />
intelligence systems to Afghanistan, which will enable the soldiers to hear enemy radio communication and detect enemy's<br />
location.<br />
The growth in Europe Middle East & Africa (EMEA) is majorly contributed by the Middle East due to increasing budgets and<br />
continuous need for the nation's safety. Gulf States, such as UAE and Kuwait, have invested in aerostat systems to monitor<br />
borders and airspace. In the year 2014, a total of 353 aerostats was sold and by 2018, it is further expected to deliver 962<br />
aerostats that will contribute to the growth in the market.<br />
TCOM and Bintang Kencana signed a MOU to supply aerostat system for the maritime security and safety for Malaysian<br />
citizens, which is likely to contribute to the growth of the market. Similarly, in 2011, it was reported that Augur-RosAero<br />
<strong>Systems</strong> had an agreement with China, to supply an aerostat system for the country, which is the third largest tethered<br />
aerostat.<br />
Furthermore, the Pentagon has plans to deliver weapon systems to Iraq that will help them to prevent terrorist activities.<br />
Israel aerospace industries were awarded a contract for providing communication intelligence systems, which would be<br />
installed in aerostats and ground vehicles. This configuration will help to monitor large areas and persistent surveillance,<br />
while minimizing the obstacles of the terrain. Moreover, the Defence Research and Development Organisation (DRDO), in<br />
India, has developed an aerostat, which is equipped with electro-optic and communication intelligence payload. This will<br />
help them to perform surveillance in Agra and interception of communication.<br />
Browse Report @ https://www.marketresearchfuture.com/reports/aerostat-systems-market-1302<br />
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