Aerostat Systems Market: COVID-19 Focused Report|Evolving Opportunities with Drone Aviation and Israel Aerospace Industries Ltd.|Technavio

NEW YORK, May 18, 2021 /PRNewswire/ -- The aerostat systems market is expected to grow by USD 6.73 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the aerostat systems market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through the Response, Recovery, and Renew phases.
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The aerostat systems market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

Major Three Aerostat Systems Market Participants:

Drone Aviation
Drone Aviation offers the product WASP Elevated Relay System, WASP Lite, and other Aerostat system products.

Israel Aerospace Industries Ltd.
Israel Aerospace Industries Ltd. offers the products ELM-2083 system and ELI-3332 system.

Lindstrand Technologies Ltd.
Lindstrand Technologies Ltd. offers its own brand of the complete system of the tethered aerostat consisting of the aerostat, the mooring station, the winch, and tether cable.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: 
More Details: https://www.technavio.com/report/aerostat-systems-market-industry-analysis

Aerostat Systems Market 2021-2025: Segmentation

Aerostat systems market is segmented as below:

• Type
• Balloons
• Airships
• Hybrid Airships
• Geography
• North America
• Europe
• APAC
• South America
• MEA

The aerostat systems market is driven by better performance and cost benefits compared with geostationary satellites. In addition, the increasing use of advanced materials is expected to trigger the aerostat systems market toward witnessing a CAGR of almost 14% during the forecast period.

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Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Report Page: https://www.technavio.com/report/aerostat-systems-market-industry-analysis

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