DUBLIN, July 21, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/jm44xd/aerostat_systems) has announced the addition of the "Aerostat Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" report to their offering.

The overall aerostat systems market was valued at US$ 3,604.7 Mn in 2014

Increasing demand for aerostats in military and homeland security applications are driving the global aerostat systems market, which is anticipated to expand at a CAGR of 13.8% during the forecast period from 2015 to 2022. The key drivers for the market include the high endurance, high-resolution image-transmission capabilities, and cost effectiveness of the aerostat systems.

This report aims to provide a comprehensive strategic analysis of the global aerostat systems market along with the market size and growth forecast for the period from 2012 to 2022. Rising demand for aerostat systems majorly drives the global aerostat systems market. The demand is primarily due to aerostat systems' versatility of application, low operational costs, easy deployment, cost effectiveness, and ease of use. Moreover, strong demand from the weather, military, homeland security, surveillance, and communication sectors is expected to lead to the growth of the aerostat systems market.

This research study on the global aerostat systems market provides a detailed analysis of how different countries across the globe are using aerostat systems in order to improve their intelligence, reconnaissance, and surveillance capabilities. The report offers an in-depth study of the market drivers, restraints, and growth opportunities. Using these factors, the report identifies various trends expected to impact the market during the forecast period from 2015 to 2022.

The report includes a comprehensive coverage of the underlying economical, environmental, and technological factors influencing the aerostat systems market. It also provides the competitive landscape of the key players in the aerostat systems market in order to highlight the prevalent competition in this market. The report provides a detailed competitive analysis of the key players in the aerostat systems market and identifies various business strategies adopted by these leading players. The study explains the penetration of each market segment within various geographies and how they have accelerated the growth of the aerostat systems market.

Market Segmentation:

Aerostat Systems Market by Balloon Type

- Spheroidal - Ellipsoidal

Aerostat Systems Market by Class

- Small-class- Medium-class- Large-class

Aerostat Systems Market by Application

- Military- Homeland Security- Commercial- Environmental Research

Aerostat Systems Market by Payload

- Communication Relay- Electro-optics- Surveillance Radar- Aerostat Navigation Systems

Companies Mentioned

- Aerostar International, Inc.- ILC Dover LP- Israel Aerospace Industries Ltd.- Lindstrand Technologies, Ltd.- Lockheed Martin Corporation- RT Aerostat Systems, Inc.- Rafael Advanced Defense Systems Ltd.- Raytheon Company- RosAeroSystems, International Ltd.- TCOM L.P.- Worldwide Aeros Corporation

For more information visit http://www.researchandmarkets.com/research/jm44xd/aerostat_systems

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

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SOURCE Research and Markets