Global Airships Market Expected to Reach XX Million by 2025

2018-05-02 16:48:14

According to a new report published by Reports Monitor titled, “Airships Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Airships Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.

The demand of this market is increasing in North America region due to the strong presence of manufacturers in the country and development of technologically advanced products that overcome challenges such as high inflammability of hydrogen gas.

An airship is an aircraft which consists of a huge balloon filled with gas and is powered by an engine. Airships navigate through the air with their own power and is lifted into the air with hydrogen and helium. The different types of airships are especially being used for surveillance purposes as the safety has become an increasing concern in recent times. However, there are three types of airships such as rigid, semirigid, and nonrigid.

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The number of advertising agencies are purchasing airships because they provide low cost solutions, which in turn brings about greater returns on investments, which is one of the driving factor for the growth of market. However, the low maintenance cost of airships and their potential to offer surveillance to large areas are considered as the key growth drivers for the market.

The global Airships Market report consists of various tools and techniques including, porters, value chain, market share analysis, and others. The data used in this report is gathered from extensive primary and secondary sources. These report gives the overall idea of market trends, opportunities, restraints, challenges, and others. The report includes major players along with their development strategies such as expansion, acquisition, merger, and others.

On the basis of segmentation, the market is categorized into different segments such as by construction type, by application, and by region. The construction type segment is bifurcated into rigid, semi-rigid, and non-rigid. Based on the application segment, it is divided into surveillance, research, commercial tours, advertisement, cargo transport, and others. Advertisement and surveillance segment has high demand for airships. 

Key Question Answered:
What will be the market size in 2025 and at what rate it will grow?
Who are the major key players in global airships market and what are their strategies?
Which vertical industry is expected to show major growth?
What segment and region will lead the market and why?

The major companies profiled in the report include: Lockheed Martin Corporation, Airborne Industries Inc., Hybrid Air Vehicles Ltd., Lindstrand Technologies, GEFA-FLUG GmbH, Information Systems Laboratories Inc., Shanghai Vantage Airship Manufacture Co. Ltd., Skyship Services Inc. and RosAeroSystems s.r.a.

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