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Market Overview of Global High-Altitude Pseudo Satellites (HAPS) market:
According to our latest research, the global High-Altitude Pseudo Satellites (HAPS) market looks promising in the next 5 years. As of 2022, the global High-Altitude Pseudo Satellites (HAPS) market was estimated at USD 2826.0 million, and it's anticipated to reach USD 5026.66 million in 2028, with a CAGR of 10.07% during the forecast years.
High-Altitude Pseudo Satellites (HAPS) are aircraft positioned above 20 km altitude, in the stratosphere, in order to compose a telecommunications network or perform remote sensing, for military, surveillance, communication or civil, etc. These aircraft may be airplanes, airships or balloons. The stratosphere is the layer of the atmosphere where the temperature starts to increase with altitude. High-Altitude Pseudo Satellites (HAPS) is maintained at high altitude by atmospheric lift, aerostatics/buoyancy or aerodynamic force.
Assessment of the Overall Impact of COVID-19 on the Industry
Under the influence of the epidemic, the aerospace and production departments of various countries have stopped most of their production and manufacturing. For example, NASA announced the temporary closure until further notice, and required all non-key personnel to work from home whenever possible. The epidemic situation has hindered the production and manufacture of High-Altitude Pseudo Satellites (HAPS).
The main raw materials of high altitude long life (pseudo satellite) include high performance batteries, engines, sensors and so on. The COVID-19 epidemic has restricted the trade between countries, and the transportation of raw materials has also been restricted. The shortage of raw materials will have a certain impact on the industry of High-Altitude Pseudo Satellites (HAPS).
The epidemic has accelerated the digitalization process of various industries. HAPS Alliance, a company alliance in the industry of High-Altitude Pseudo Satellites (HAPS), has started cooperative efforts to bring 5G Internet services to remote areas through independent solar aircraft. The rapid development of Internet and 5G will bring development opportunities to the High-Altitude Pseudo Satellites (HAPS) industry.
Market Development Constraints
High-Altitude Pseudo Satellites (HAPS) needs electricity to maintain its own and payload functions. Although the current High Altitude Long Life (Pseudo Satellite) is powered by batteries or engines, the mission time is limited by the charging/refueling requirements. Therefore, future alternatives are being considered. Solar cell is one of the best choices for High-Altitude Pseudo Satellites (HAPS).
At an altitude of 20 kilometers, the air is thin and the density is about 7% of the sea level. Because the aerodynamic force and aerostatics lift that offset the aircraft weight are proportional to the air density, considering the same design features, such as total weight, aerodynamic shape and running speed, the wing area of the aircraft designed for High-Altitude Pseudo Satellites (HAPS) and the volume of airship and balloon must be 14 times larger than that of the aircraft designed for sea level. These large sizes lead to very strict optimization requirements for the weight of structures. In the case of airships and balloons, the shell material must have low weight characteristics, high strength, high damage resistance (tear, pinhole), low permeability to lifting gas, flexibility at low temperature and low degradability under ultraviolet radiation and ozone. High-Altitude Pseudo Satellites (HAPS) has high requirements for raw materials, which will bring certain challenges to the industry.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:
The top three companies are Northrop Grumman Corporation, Aviation Industry Corporation of China, Airbus, with the revenue market share of 57.52%, 23.73%, 4.65% in 2020.
Northrop Grumman Corporation solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Northrop Grumman Corporation focuses on field engineering, information technology, electronics, military, systems engineering, software engineering, contract, supply chain, manufacturing, logistics, aviation, national defense, unmanned systems, c4isr, network, network security, advanced electronics, directional energy and space.
The Aviation Industry Corporation of China, Ltd. (AVIC) was founded on November 6th, 2008 through the restructuring and consolidation of the China Aviation Industry Corporation ?(AVIC ?)and the China Aviation Industry Corporation ?? (AVIC ??). We are centered on aviation and provide complete services to customers in many sectors - from research and development to operation, manufacturing and financing. Business units cover defense, transport aircrafts, helicopters, avionics and systems, general aviation, research and development, flight testing, trade and logistics, assets management, finance services, engineering and construction, automobiles and more.
Segmentation Overview:
Among different product types, High-Altitude UAVs segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Military segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global High-Altitude Pseudo Satellites (HAPS) market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global High-Altitude Pseudo Satellites (HAPS) Market Report:
Market Size Estimates: High-Altitude Pseudo Satellites (HAPS) market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: High-Altitude Pseudo Satellites (HAPS) market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the High-Altitude Pseudo Satellites (HAPS) market
Segment Market Analysis: High-Altitude Pseudo Satellites (HAPS) market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: High-Altitude Pseudo Satellites (HAPS) market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the High-Altitude Pseudo Satellites (HAPS) Market: Revenue and sales volume of major countries in each region
High-Altitude Pseudo Satellites (HAPS) Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the High-Altitude Pseudo Satellites (HAPS) market in major regions.
High-Altitude Pseudo Satellites (HAPS) Industry Value Chain: High-Altitude Pseudo Satellites (HAPS) market raw materials & suppliers, manufacturing process, distributors, downstream customers
High-Altitude Pseudo Satellites (HAPS) Industry News, Policies & Regulations
Key players in the global High-Altitude Pseudo Satellites (HAPS) market are covered in Chapter 12:
Airbus
AeroVironment
World View
Raven Aerostar
Northrop Grumman Corporation
Thales Group
Lockheed Martin
Tao Group
SpacePerspective
Aviation Industry Corporation of China
Prismatic Ltd. (BAE Systems)
Avealto Ltd.
In Chapter 2 and Chapter 15.1, based on types, the High-Altitude Pseudo Satellites (HAPS) market from 2018 to 2028 is primarily split into:
High-Altitude UAVs
Stratospheric Balloons
Others
In Chapter 3 and Chapter 15.2, based on applications, the High-Altitude Pseudo Satellites (HAPS) market from 2018 to 2028 covers:
Military
Security
Civil Missions
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the High-Altitude Pseudo Satellites (HAPS) market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028