High Altitude Platform Market size with 11% CAGR expectations over the forecast period to reach USD 7 billion by 2024 - PowerPoint PPT Presentation
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High Altitude Platform Market size with 11% CAGR expectations over the forecast period to reach USD 7 billion by 2024
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Request for an in-depth table of contents for this report @ These systems are widely used for environment and weather monitoring due to their considerable weight carrying capacity for scientific equipment. Lately, National Oceanic and Atmospheric Administration (NOAA) in association with NASA are using Global Hawk UAV (unmanned aerial vehicle) to study global atmospheric conditions. Such technological advancements are expected to drive the high altitude platform market. – PowerPoint PPT presentation
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Title: High Altitude Platform Market size with 11% CAGR expectations over the forecast period to reach USD 7 billion by 2024
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High Altitude Platform Market size with 11 CAGR
expectations over the forecast period to reach
USD 7 billion by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of High Altitude Platform
(HAP) Market
- U.S. high altitude platform market share was the
largest in 2015, owing to high adoption of
tethered aerostat systems and UAVs. - Asia Pacific high altitude platform market size
is expected to grow at the highest CAGR due to
demand from countries such as China, India,
Japan, South Korea etc., for robust HAP based
solutions. - Russia, France and Israel have also made
significant investments.
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Application Analysis of High Altitude Platform
(HAP) Market
- The need for effective surveillance covering
large surface areas for national security and
requirement for reliable and faster communication
means around the world is expected to enhance
growth in the forecast timeframe. - Emerging economies around the globe are expected
to make huge investments to cope with the rising
demand for faster and reliable wireless
communications, boosting global high altitude
platform market size. - Elevated platforms are stationed objects at
height ranging between 20 kilometers and 50
kilometers from the earths surface, in the
stratospheric layer.
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Competitive Market Share of High Altitude
Platform (HAP) Market
- Key participants holding major high altitude
platform market share are TCOM L.P., Lockheed
Martin Corp., Aerostar International, and
Northrop Grumman Corp. - Other participants include Rafael Advanced
Defense Systems, ILC Dover, Israel Aerospace,
Lindstrand Technologies and Raytheon. The key
players are focusing on development of the
product portfolio for better industry presence
and acquiring international clients.
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Browse Full Market Research Report On High
Altitude Platform (HAP) Market _at_
http//goo.gl/wlazgM Request for an in-depth
table of contents for this report _at_
https//www.gminsights.com/request-toc/upcoming/68
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