High-altitude Pseudo Satellites (HAPS) Market Size to Grow by USD 68.96 Million, AeroVironment Inc. and Airbus SE Among Key Vendors – Technavio

NEW YORK, July 20, 2022 /PRNewswire/ — HAPS are UAVs, airships, or balloons that fly in the stratosphere and can provide a wide range of services in an area. The high-altitude pseudo satellites (HAPS) market size is expected to grow by USD 68.96 mn from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 7.71% during the forecast period, according to Technavio.

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High-altitude Pseudo Satellites (HAPS) Market 2021-2025: Scope

The high-altitude pseudo satellites (haps) market report covers the following areas:

High-altitude Pseudo Satellites (HAPS) Market 2021-2025: Vendor Analysis

Technavio provides a detailed analysis of around 25 vendors operating in the high-altitude pseudo satellites (HAPS) market, including AeroVironment Inc., Airbus SE, Composite Technology Team, Lockheed Martin Corp., MAG Aerospace, Prismatic Ltd., SZ DJI Technology Co. Ltd., TAO-Group, Thales Group, and The Boeing Co. The key offerings of some of these vendors are listed below:

AeroVironment Inc. – The company offers HAPS under the brand name of Sunglider.
Airbus SE – The company offers Zephyr which is a solar-electric stratospheric Unmanned Aerial System with a wingspan of 25m and weighs less than 75kg.
Composite Technology Team – The company offers Pupin Haps which is solar-powered unmanned aircraft that can function as an atmospheric satellite.
Lockheed Martin Corp. – The company offers Conder XEP which is a long endurance, Group 1 unmanned aerial system designed specifically for small tactical unit operations.
MAG Aerospace – The company offers MAG which operators have logged over 30,000 hours managing, performing, and sustained unmanned UAV ISR programs and aircraft, providing operations and maintenance in the most austere locations worldwide.

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High-altitude Pseudo Satellites (HAPS) Market 2021-2025: Segmentation

Technology

Balloons
UAVs
Airships

Geography

North America
Europe
APAC
South America
MEA

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  High-altitude Pseudo Satellites (HAPS) Market 2021-2025: Regional Analysis

North America will account for 47% of the market’s growth during the forecast period. The US is a key country for the market in the region. Significant developments have been made in the HAPS platform over the last decade in the US. 

High-altitude Pseudo Satellites (HAPS) Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist high-altitude pseudo satellites (haps) market growth during the next five years
Estimation of the high-altitude pseudo satellites (HAPS) market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the high-altitude pseudo satellites (HAPS) market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of high-altitude pseudo satellites (HAPS) market vendors

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High-altitude Pseudo Satellites (HAPS) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7.71%

Market growth 2021-2025

USD 68.96 million

Market structure

Concentrated

YoY growth (%)

6.02

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 47%

Key consumer countries

US, France, Germany, UK, and Russian Federation

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AeroVironment Inc., Airbus SE, Composite Technology Team, Lockheed Martin Corp., MAG Aerospace, Prismatic Ltd. , SZ DJI Technology Co. Ltd., TAO-Group, Thales Group, and The Boeing Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

2 Market Landscape

2.1 Market ecosystem

Exhibit 01: Parent market
Exhibit 02: Market characteristics

2.2 Value chain analysis

Exhibit 03: Value chain analysis: Aerospace and defense

3 Market Sizing

3.1 Market definition

Exhibit 04: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 05: Market segments

3.3 Market size 2020

3.4 Market outlook: Forecast for 2020 – 2025

Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 08: Five forces analysis 2020 & 2025

4.2 Bargaining power of buyers

Exhibit 09: Bargaining power of buyers

4.3 Bargaining power of suppliers

Exhibit 10: Bargaining power of suppliers

4.4 Threat of new entrants

Exhibit 11: Threat of new entrants

4.5 Threat of substitutes

Exhibit 12: Threat of substitutes

4.6 Threat of rivalry

Exhibit 13: Threat of rivalry

4.7 Market condition

Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Technology

5.1 Market segments

Exhibit 15: Technology – Market share 2020-2025 (%)

5.2 Comparison by Technology

Exhibit 16: Comparison by Technology

5.3 Balloons – Market size and forecast 2020-2025

Exhibit 17: Balloons – Market size and forecast 2020-2025 ($ million)
Exhibit 18: Balloons – Year-over-year growth 2020-2025 (%)

5.4 UAVs – Market size and forecast 2020-2025

Exhibit 19: UAVs – Market size and forecast 2020-2025 ($ million)
Exhibit 20: UAVs – Year-over-year growth 2020-2025 (%)

5.5 Airships – Market size and forecast 2020-2025

Exhibit 21: Airships – Market size and forecast 2020-2025 ($ million)
Exhibit 22: Airships – Year-over-year growth 2020-2025 (%)

5.6 Market opportunity by Technology

Exhibit 23: Market opportunity by Technology

6 Customer landscape

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 25: Market share by geography 2020-2025 (%)

7.2 Geographic comparison

Exhibit 26: Geographic comparison

7.3 North America – Market size and forecast 2020-2025

Exhibit 27: North America – Market size and forecast 2020-2025 ($ million)
Exhibit 28: North America – Year-over-year growth 2020-2025 (%)

7.4 Europe – Market size and forecast 2020-2025

Exhibit 29: Europe – Market size and forecast 2020-2025 ($ million)
Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)

7.5 APAC – Market size and forecast 2020-2025

Exhibit 31: APAC – Market size and forecast 2020-2025 ($ million)
Exhibit 32: APAC – Year-over-year growth 2020-2025 (%)

7.6 South America – Market size and forecast 2020-2025

Exhibit 33: South America – Market size and forecast 2020-2025 ($ million)
Exhibit 34: South America – Year-over-year growth 2020-2025 (%)

7.7 MEA – Market size and forecast 2020-2025

Exhibit 35: MEA – Market size and forecast 2020-2025 ($ million)
Exhibit 36: MEA – Year-over-year growth 2020-2025 (%)

7.8 Key leading countries

Exhibit 37: Key leading countries

7.9 Market opportunity by geography

Exhibit 38: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

Exhibit 39: Impact of drivers and challenges

8.3 Market trends

9 Vendor Landscape

9.1 Overview

Exhibit 40: Vendor landscape

9.2 Landscape disruption

Exhibit 41: Landscape disruption
Exhibit 42: Industry risks

10 Vendor Analysis

10.1 Vendors covered

Exhibit 43: Vendors covered

10.2 Market positioning of vendors

Exhibit 44: Market positioning of vendors

10.3 AeroVironment Inc.

Exhibit 45: AeroVironment Inc. – Overview
Exhibit 46: AeroVironment Inc. – Business segments
Exhibit 47: AeroVironment Inc. – Key news
Exhibit 48: AeroVironment Inc. – Key offerings
Exhibit 49: AeroVironment Inc. – Segment focus

10.4 Airbus SE

Exhibit 50: Airbus SE – Overview
Exhibit 51: Airbus SE – Business segments
Exhibit 52: Airbus SE – Key news
Exhibit 53: Airbus SE – Key offerings
Exhibit 54: Airbus SE – Segment focus

10.5 Composite Technology Team

10.6 Lockheed Martin Corp.

Exhibit 58: Lockheed Martin Corp. – Overview
Exhibit 59: Lockheed Martin Corp. – Business segments
Exhibit 60: Lockheed Martin Corp. – Key offerings
Exhibit 61: Lockheed Martin Corp. – Segment focus

10.7 MAG Aerospace

Exhibit 62: MAG Aerospace – Overview
Exhibit 63: MAG Aerospace – Product and service
Exhibit 64: MAG Aerospace – Key news
Exhibit 65: MAG Aerospace – Key offerings

10.8 Prismatic Ltd.

Exhibit 66: Prismatic Ltd.  – Overview
Exhibit 67: Prismatic Ltd.  – Product and service
Exhibit 68: Prismatic Ltd.  – Key offerings

10.9 SZ DJI Technology Co. Ltd.

Exhibit 69: SZ DJI Technology Co. Ltd. – Overview
Exhibit 70: SZ DJI Technology Co. Ltd. – Product and service
Exhibit 71: SZ DJI Technology Co. Ltd. – Key news
Exhibit 72: SZ DJI Technology Co. Ltd. – Key offerings

10.10 TAO-Group

Exhibit 73: TAO-Group – Overview
Exhibit 74: TAO-Group – Product and service
Exhibit 75: TAO-Group – Key offerings

10.11 Thales Group

Exhibit 76: Thales Group – Overview
Exhibit 77: Thales Group – Business segments
Exhibit 78: Thales Group – Key offerings
Exhibit 79: Thales Group – Segment focus

10.12 The Boeing Co.

Exhibit 80: The Boeing Co. – Overview
Exhibit 81: The Boeing Co. – Business segments
Exhibit 82: The Boeing Co. – Key offerings
Exhibit 83: The Boeing Co. – Segment focus

11 Appendix

11.1 Scope of the report

11.2 Currency conversion rates for US$

Exhibit 84: Currency conversion rates for US$

11.3 Research methodology

Exhibit 85: Research Methodology
Exhibit 86: Validation techniques employed for market sizing
Exhibit 87: Information sources

11.4 List of abbreviations

Exhibit 88: List of abbreviations

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