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Lockheed Martin Corporation, established in 1995, is an aerospace and security company, headquartered in Maryland, the United States. It offers a comprehensive range of solutions in aircraft, cyber, maritime systems, space, and sustainment and training systems, among others.
Raven Industries, Inc., founded in 1956, is a pioneer of advanced farming technology, with its headquarters in South Dakota, the United States. The company also offers high-end aerostat systems with integrated radar and sensors for surveillance of an area.
TCOM Holdings, LLC, is an airborne surveillance solutions company, incorporated in 1971 and based in Columbia, the United States. The company offers the designing, manufacturing, installation, and operation of aerostat systems.
Other United States aerostat systems market players include ILC Dover, LP, Worldwide Aeros Corp., Drone Aviation Corp., Israel Aerospace Industries (IAI) Ltd., Altaeros, Peraton Corp., and Carolina Unmanned Vehicles Inc., among others.
United States Aerostat Systems Market Size
United States Aerostat Systems Market Analysis
United States Aerostat Systems Market Share
United States Aerostat Systems Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Aerostat Systems Market Overview
8.1 Key Industry Highlights
8.2 North America Aerostat Systems Historical Market (2018-2023)
8.3 North America Aerostat Systems Market Forecast (2024-2032)
8.4 North America Aerostat Systems Market Breakup by Region
8.4.1 United States
8.4.2 Canada
9 United States Aerostat Systems Market Overview
9.1 Key Industry Highlights
9.2 United States Aerostat Systems Historical Market (2018-2023)
9.3 United States Aerostat Systems Market Forecast (2024-2032)
10 United States Aerostat Systems Market by Product Type
10.1 Balloon
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Airship
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Hybrid
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United States Aerostat Systems Market by Sub-System
11.1 Aerostat
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Ground Control Station (GCS)
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Payload
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 United States Aerostat Systems Market by Class
12.1 Compact-Sized Aerostats
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Mid-Sized Aerostats
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Large-Sized Aerostats
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 United States Aerostat Systems Market by Propulsion System
13.1 Powered Aerostats
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Unpowered Aerostats
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 United States Aerostat Systems Market by Payload
14.1 Surveillance Radar
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Camera
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Inertial Navigation Systems
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Communication Intelligence
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Electro-Optic/Infrared Sensor (EO/IR)
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Electronic Intelligence
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
15 United States Aerostat Systems Market by Region
15.1 New England
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Mideast
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Great Lakes
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Plains
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Southeast
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Southwest
15.6.1 Historical Trend (2018-2023)
15.6.2 Forecast Trend (2024-2032)
15.7 Rocky Mountain
15.7.1 Historical Trend (2018-2023)
15.7.2 Forecast Trend (2024-2032)
15.8 Far West
15.8.1 Historical Trend (2018-2023)
15.8.2 Forecast Trend (2024-2032)
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Lockheed Martin Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Raven Industries, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 TCOM Holdings, LLC
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 ILC Dover, LP
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Worldwide Aeros Corp.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Drone Aviation Corp.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Israel Aerospace Industries (IAI) Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Altaeros
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Peraton Corp.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Carolina Unmanned Vehicles Inc.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Aerostat Systems Market: Key Industry Highlights, 2018 and 2032
2. United States Aerostat Systems Market: Key Industry Highlights, 2018 and 2032
3. United States Aerostat Systems Historical Market: Breakup by Product Type (USD Billion), 2018-2023
4. United States Aerostat Systems Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
5. United States Aerostat Systems Historical Market: Breakup by Sub-System (USD Billion), 2018-2023
6. United States Aerostat Systems Market Forecast: Breakup by Sub-System (USD Billion), 2024-2032
7. United States Aerostat Systems Historical Market: Breakup by Class (USD Billion), 2018-2023
8. United States Aerostat Systems Market Forecast: Breakup by Class (USD Billion), 2024-2032
9. United States Aerostat Systems Historical Market: Breakup by Propulsion System (USD Billion), 2018-2023
10. United States Aerostat Systems Market Forecast: Breakup by Propulsion System (USD Billion), 2024-2032
11. United States Aerostat Systems Historical Market: Breakup by Payload (USD Billion), 2018-2023
12. United States Aerostat Systems Market Forecast: Breakup by Payload (USD Billion), 2024-2032
13. United States Aerostat Systems Historical Market: Breakup by Region (USD Billion), 2018-2023
14. United States Aerostat Systems Market Forecast: Breakup by Region (USD Billion), 2024-2032
15. United States Aerostat Systems Market Structure
In 2023, the market reached an approximate value of USD 4.95 billion.
The market is projected to grow at a CAGR of 10.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 11.95 billion by 2032.
The major market drivers are the growing military applications of aerostats, rising disputes at the border, and technological advancements.
The key trends of the market include increased utilisation of aerostat systems for border control and surveillance, growing usage of aerostats such as hot-air balloons for aerial advertising, rising deployment of aerostat systems for network coverage, and increased integration of electro-optic and infrared sensors in tethered aerostat systems.
The major regions in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
Different product types are balloon, airship, and hybrid.
The key players in the market are Lockheed Martin Corporation, Raven Industries, Inc., TCOM Holdings, LLC, ILC Dover, LP, Worldwide Aeros Corp., Drone Aviation Corp., Israel Aerospace Industries (IAI) Ltd., Altaeros, Peraton Corp., and Carolina Unmanned Vehicles Inc., among others.
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