High-altitude Pseudo Satellites (HAPS) Market to Record a CAGR of 7.71% by 2025 | Analysis of COVID-19 | Discover Company Insights by Technavio

NEW YORK, Sept. 22, 2021 /PRNewswire/ --

According to Technavio, incremental growth of $ 68.96 mn is expected in the high-altitude pseudo satellites (HAPS) market during 2021-2025. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the high-altitude pseudo satellites (HAPS) market in optimistic, probable, and pessimistic forecast scenarios.

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Factors such as performance and cost benefits over geostationary satellites, advancement in incorporated photovoltaic technology, and development of newer generation engines will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments. The high-altitude pseudo satellites (HAPS) market is concentrated, and the degree of concentration will accelerate during the forecast period.

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

High-altitude Pseudo Satellites (HAPS) Market is segmented as below:

• Technology
• Balloons
• UAVs
• Airships
• Geography
• North America
• Europe
• APAC
• South America
• MEA

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

To help businesses improve their market position, Technavio provides a detailed analysis of around vendors operating in the market. Some of these vendors include AeroVironment Inc., Airbus SE, Composite Technology Team, Lockheed Martin Corp., MAG Aerospace, SZ DJI Technology Co. Ltd., TAO-Group, Thales Group, and The Boeing Co.

The report also covers the following areas:

• High-altitude Pseudo Satellites (HAPS) Market size
• High-altitude Pseudo Satellites (HAPS) Market trends
• High-altitude Pseudo Satellites (HAPS) Market industry analysis

The high-altitude pseudo satellites (HAPS) market is concentrated, and the degree of concentration will accelerate. The performance and cost benefits over geostationary satellites will offer immense growth opportunities. However, the spectrum management challenges will hamper the market growth.

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Backed with competitive intelligence and benchmarking, our research report on the high-altitude pseudo satellites (HAPS) market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Related Reports on Industrials Include:

Airline Passenger Communications System Market by Application and Geography - Forecast and Analysis 2021-2025

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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

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Technology

• Market segments
• Comparison by Technology
• Balloons - Market size and forecast 2020-2025
• UAVs - Market size and forecast 2020-2025
• Airships - Market size and forecast 2020-2025
• Market opportunity by Technology

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• APAC - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• AeroVironment Inc.
• Airbus SE
• Composite Technology Team
• Lockheed Martin Corp.
• MAG Aerospace
• SZ DJI Technology Co. Ltd.
• TAO-Group
• Thales Group
• The Boeing Co.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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SOURCE Technavio