High Altitude Long Endurance market

Global High Altitude Long Endurance (Pseudo Satellite) Market 2022 by Manufacturers, Countries, Type and Application, Forecast to 2027

  • 22 February 2022
  • ICT & Media
  • 120 Pages
  • Report code : PMR-6905194

  • 4.7 (158)

High Altitude Long Endurance Market

COMPANIES COVERED

Airbus SAS

Lockheed Martin

Boeing

BOSH global services

Northrop Grumman Corporation

SZDJI Technology Co. Ltd.

Parrot SA

Hawkeye systems Ltd.

AeroVironment

IAI Ltd.

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HALE is an air bourne vehicle which is able to perform large survey of geographic areas with a high level of accuracy and gives real time information with respect to military, defense, surveillance and any other civilian tasks. High altitude pseudo satellite (HAPS) can be considered as an advanced version of HALE. HAPS is designed to operate at very high altitude. It can be installed at a height of 30,000ft from the earth whereas HALE has the capability to reach up to 65,000 ft. from the earth surface. Moreover, HALE and HAPS can be modified with respect to the requirement which is not possible in case of geostationary satellites. To control the function of geostationary satellites, operators need to take care of the energy sources which in this case mainly comprises of fuel gases. These fuel gases also increases the cost of maintenance of the satellites. Whereas, HALE and HAPS works on solar energy and Lithium-ion batteries which carries very low cost as compared to fuel gases. Therefore, aerospace & defense, military, surveillance, or communication applications has started adopting HALE and now days HAPS to increase operation efficiency.



Scope of the Report:

High Altitude Long Endurance Market studies the High Altitude Long Endurance (Pseudo Satellite) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; High Altitude Long Endurance Market analyzes the top players in global market, and splits the High Altitude Long Endurance (Pseudo Satellite) market by product type and applications/end industries.

The major growth driver of High altitude long endurance (Pseudo Satellite) Market includes high installation and operation cost of geostationary satellites, and high need of surveillance required on borders among others. However, factors such as variable weather & climate conditions and air traffic regulations are expected to hinder the market growth of High altitude long endurance (Pseudo Satellite) in the forecast period.

The global High Altitude Long Endurance (Pseudo Satellite) market is valued at 13500 million USD in 2021 and is expected to reach 22600 million USD by the end of 2027, growing at a CAGR of 9.0% between 2021 and 2027.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of High Altitude Long Endurance (Pseudo Satellite).

Europe also play important roles in global market, with market size of xx million USD in 2021 and will be xx million USD in 2027, with a CAGR of xx%.



Market Segment by Companies, High Altitude Long Endurance Market covers

Airbus SAS

Lockheed Martin

Boeing

BOSH global services

Northrop Grumman Corporation

SZDJI Technology Co. Ltd.

Parrot SA

Hawkeye systems Ltd.

AeroVironment

IAI Ltd.



Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)



Market Segment by Type, covers

Solar Cell Type

Lithium-ion Batteries Type

Hydrogen & Helium Type

Fuel Gas Type



Market Segment by Applications, can be divided into

Military

Surveillance

Communications

Civil

Others

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