High-Altitude Pseudo Satellites (HAPS) market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for High-Altitude Pseudo Satellites (HAPS).
HAPS or high-altitude pseudo satellites are defined as aerial platforms that operate at altitudes ranging between 12 miles and 31 miles, at a specified, nominal, and fixed point relative to the Earth. Mostly, the conceptual design of HAPS envisages the use of unmanned and autonomous platforms, like airships, balloons, or fixed-wing aircraft or unmanned aerial vehicles (UAVs). Most developing agencies are considering the use of solar cells to mitigate endurance-related issues with conventional battery-powered engines.
The lower altitude of HAPS that helps in reducing the telecommunication budget is one of the primary factors for this markets growth. Owing to their comparatively lower stationary altitude, HAPS can be very effective in small regions or country compared to conventional satellites. The increasing demand for high-capacity bandwidth and wireless services among telecommunication operators led the rise in investment towards innovative HAPS technologies that can have the features of both terrestrial and satellite technologies. The telecommunication service providers and satellite operators will also make huge investments towards the development and operation of cost-effective HAPS, which will propel the growth of the HAPS market during the forecast period.
This industry study presents the global High-Altitude Pseudo Satellites (HAPS) market size, historical breakdown data (2014-2019) and forecast (2019-2025). The High-Altitude Pseudo Satellites (HAPS) production, revenue and market share by manufacturers, key regions and type;
The consumption of High-Altitude Pseudo Satellites (HAPS) in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Airbus, Facebook, etc.
The following manufacturers are covered in this report:
- Lockheed Martin
- Tao Group
High-Altitude Pseudo Satellites (HAPS) Breakdown Data by Type
- Stratospheric Balloons
- High-Altitude Airships
- High-Altitude UAVs
- Civil Missions
– Table of Contents
– List of Tables & Figures
– Research Methodology
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High-Altitude Pseudo Satellites (HAPS) Production by Region
- United States
- South Korea
- Other Regions
High-Altitude Pseudo Satellites (HAPS) Consumption by Region
- North America
- United States
- South Korea
The study objectives are:
- To analyze and research the global High-Altitude Pseudo Satellites (HAPS) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
- To present the key High-Altitude Pseudo Satellites (HAPS) manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
- To segment the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of High-Altitude Pseudo Satellites (HAPS) :
- History Year: 2014 – 2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year: 2019 – 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of High-Altitude Pseudo Satellites (HAPS) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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