Aerostat Systems Market Driven by Need for High-Security Solutions to Combat Terrorism
Market Research, Aerostat Systems Market
Transparency Market Research (TMR) has announced the release of a new market study on the global aerostat systems market. The report, titled “Aerostat Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022”, states that the global aerostat systems market, which had a valuation of US$3.60 bn in 2014 is expected to reach US$10.11 bn by 2022, displaying an impressive 13.8% CAGR from 2015 to 2022.The report presents an in-depth analysis of the global aerostat systems market complemented with market size and forecast values for the period from 2012 to 2022. Furthermore, the report provides detailed analysis of deployment of aerostat systems by countries across the globe to improve their intelligence, surveillance, and reconnaissance capabilities. The deployment of these systems is dependent on economical, technological, and environmental factors, which are discussed at length in this report.
Browse the full Aerostat Systems Market report at http://www.transparencymarketresearch.com/aerostat-systems-market.html
As per the report findings, in 2014, North America stood as the largest market for aerostat systems. Extensive deployment of these systems for military and homeland security is accounted as the major reason for growth of the aerostat systems market in this region. However, extensive penetration of aerostat systems in the region will be a reason for low demand for these systems in the coming years, adds TMR.According to the report, for security reasons, countries are looking upon uninterrupted intelligence, reconnaissance, and surveillance solutions. Aerostat systems are largely suitable for high- security needs, which is bolstering growth of the global aerostat systems market.
Aerostat Systems Market
, Market Research