Press Release / Business / High-Altitude Pseudo Satellites (HAPS) Market Growth, Scope, Challenges, Key Players Overview and Forecast 2018 to 2025

High-Altitude Pseudo Satellites (HAPS) Market Growth, Scope, Challenges, Key Players Overview and Forecast 2018 to 2025

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.
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Global 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, 2017 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). 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: Airbus Facebook Lockheed Martin Tao Group RosAeroSystems Thales
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High-Altitude Pseudo Satellites (HAPS) Breakdown Data by Type Stratospheric Balloons High-Altitude Airships High-Altitude UAVs High-Altitude Pseudo Satellites (HAPS) Breakdown Data by Application Military Security Civil Missions High-Altitude Pseudo Satellites (HAPS) Production by Region United States Europe China Japan South Korea India Other Regions High-Altitude Pseudo Satellites (HAPS) Consumption by Region North America United States Canada Mexico Asia-Pacific China India Japan South Korea Australia Indonesia Malaysia Philippines Thailand Vietnam Europe Germany France UK Italy Russia Rest of Europe Central & South America Brazil Rest of South America Middle East & Africa GCC Countries Turkey Egypt South Africa Rest of Middle East & Africa
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