High Altitude Pseudo Satellite Market

High Altitude Pseudo Satellite Market by Platform (Airships, Balloons and UAVs), Application (Communication, Earth Observation & Remote Sensing, Others (ISR, Monitoring, Search and Rescue, Navigation)), End User and Region - Forecast to 2028

Report Code: AS 8834 Oct, 2023, by marketsandmarkets.com

[153 Pages Report] The High Altitude Pseudo Satellite Market size is projected to grow from USD 85 million in 2023 to USD 189  million by 2028, at a CAGR of 17.2% from 2023 to 2028. The market is driven by factors such as advancing payload integration techniques for versatile HAPS operations.

High Altitude Pseudo Satellite Market

High Altitude Pseudo Satellite Market

High Altitude Pseudo Satellite Market Forecast to 2028

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High altitude pseudo satellite market Dynamics:

Drivers: Increasing usage of global connectivity

Global connectivity is a key driver for the high altitude pseudo satellite market as the increasing demand for seamless and reliable internet connectivity across the globe, high altitude pseudo satellite technology offers a viable solution to bridge the digital divide and connect remote and underserved regions. High altitude pseudo satellite provides global coverage, enabling connectivity in areas where terrestrial infrastructure is limited or non-existent. This is particularly beneficial for industries such as maritime, aviation, and rural areas where traditional internet connectivity options may not be feasible. High altitude pseudo satellites also play a crucial role in disaster management and emergency response scenarios, providing immediate connectivity when terrestrial networks are disrupted. The ability to connect remote locations, facilitate real-time communication, and enable access to digital services fuels the demand for high altitude pseudo satellite and drives market growth. For instance in October 2022, the Kraus Hamdani Aerospace’s K1000ULE took part in Project Convergence 21 exercise, providing aerial network coverage for hours during testing of autonomous capabilities that could eventually be integrated into the U.S. Army’s next-generation platforms.

Restraints: Durability limits the efficiency of high altitude pseudo satellite

Durability can arise due to the harsh environment of the stratosphere, exposure to atmospheric conditions, mechanical stresses, and other factors. High altitude pseudo satellites operate in stratosphere, is characterized by extreme temperature variations, high winds, and low atmospheric pressure. These conditions can subject the vehicle's structure, components, and materials to significant stress, potentially leading to wear, fatigue, and degradation over time. Prolonged exposure to atmospheric turbulence, wind shear, and mechanical vibrations can lead to structural fatigue and wear on the vehicle's airframe and components. Over time, this can impact the vehicle's stability and overall operational effectiveness.

High altitude pseudo satellite experience frequent shifts between extreme temperatures due to changes in sunlight and the Earth's shadow. These thermal cycles can stress materials and components, potentially leading to cracks, deformation, or reduced performance. HAPS can encounter mechanical stresses during launch, retrieval, or turbulent stratospheric conditions. These stresses can impact structural integrity and contribute to wear and tear on critical components. Despite ongoing advancements in high altitude pseudo satellite technology and the introduction of composite materials, efficiency gets affected due to durability thus remains a key challenge in fully realizing the potential of high altitude pseudo satellite.

Opportunities: Increasing need for high-speed, reliable communication networks in remote areas

Bridging the digital divide presents a significant opportunity for the high altitude pseudo satellite market. The digital divide refers to the gap between those who have access to reliable and high-speed internet connectivity and those who do not, often seen in underserved or remote areas. High altitude pseudo satellite has the potential to reach these underserved regions and provide them with essential connectivity. By leveraging satellite technology, service providers can overcome geographical barriers and offer internet access to areas where terrestrial infrastructure is limited or nonexistent. SoftBank launched its own Non-terrestrial Network (NTN) service to provide connectivity solutions from high altitudes and orbit in the five African countries that are Djibouti, Egypt, Kenya, Morocco, and Rwanda respectively.

This opportunity is particularly relevant in rural and remote communities, developing countries, and areas affected by natural disasters or infrastructure challenges. By expanding access to high altitude pseudo satellite, individuals and communities can benefit from improved educational opportunities, enhanced healthcare services, economic development, and increased communication capabilities. Bridging the digital divide not only contributes to social inclusion and equality but also opens new markets for high altitude pseudo satellite. Governments, NGOs, and private companies are increasingly recognizing the importance of closing the digital divide, leading to potential partnerships, funding opportunities, and supportive policies for high altitude pseudo satellite deployment in underserved areas. With advancements in satellite technology and cost-effective solutions, high altitude pseudo satellite has a significant role to play in bridging the digital divide and enabling digital empowerment for all.

Challenges: Energy storage is a challenge for high altitude pseudo satellite.

Energy storage is a significant challenge for high altitude pseudo satellites (HAPS) due to the extended duration of their missions and the unique operational environment in which they operate. HAPS relies on solar energy for power generation but needs effective energy storage solutions to ensure continuous operation during nighttime, periods of low sunlight, and adverse weather conditions. HAPS operate at altitudes where they can experience prolonged periods of darkness during the night. During these times, they must rely on stored energy to power their systems, including communication equipment, sensors, and avionics. HAPS operate in the stratosphere, which exposes them to extreme temperatures, high winds, and other environmental stressors. Energy storage systems need to withstand these conditions and maintain their functionality. HAPS carry various payloads, communication systems, and avionics that require a continuous and stable power supply. The energy storage system must meet these power demands without interruptions.

To overcome these challenges, the industry is focusing on developing lithium-sulphur batteries and adopting new battery technologies ranging from silicon nanowire anode technology to all-polymer batteries that are based on the bipolar lithium-ion battery module. The APB Corporation (Japan) and Sanyo Chemical Industries (Japan) are working on an all-polymer battery, with the aim of eliminating high voltage wiring parts and increasing the energy density. HAPSMobile tested higher-power lithium-metal battery packs with a significantly higher specific energy of 439 Wh/kg. Further data and testing will be required to validate the use of this technology for HAPS. It should be noted that some stakeholders indicated that the reusability of existing types of batteries after an operation is currently limited as well, with the batteries needing to be replaced after every flight. Hence, there is still room for improvement in this regard as well.

High Altitude Pseudo Satellite Market Ecosystem

Prominent companies and startups that provide high altitude pseudo satellite and their services, distributors/suppliers/retailers, military organizations, defense contractors, and end customers are the key stakeholders in the high altitude pseudo satellite market ecosystem. Investors, funders, distributors, and service providers serve as the major influencers in the market.

Prominent companies in this market include well-established, financially stable manufacturers of high altitude pseudo satellite with a global presence. These companies have been operating in the market for several years and have a diversified product portfolio, state-of-the-art technologies, and robust global sales and marketing networks. Prominent companies include AeroVironment, Inc. (US), Airbus (Germany), Prismatic Ltd. (UK), Thales Alenia Space (France), and Softbank Group Corp. (Japan).

Private and small enterprises are companies with a comparatively limited product portfolio, financial strength, and specialization in specific systems and subsystems. Some companies could enter strategic partnerships and joint ventures with prominent companies to gain a strong foothold in the high altitude pseudo satellite market. Currently, private and small enterprises are looking at funding and investments for the development of advanced high altitude pseudo satellite. Astigan Limited (UK), UAVOS Inc. (US) are some of the private and small players in this ecosystem.

UAVs platform to have highest market share in the High altitude pseudo satellite market 2023

UAVs, or Unmanned Aerial Vehicles platforms offer several benefits compared to traditional satellites, including cost-effectiveness, quicker deployment times, and the flexibility to be easily relocated or retrieved for maintenance and upgrades. HAPS UAVs can be solar-powered, enabling prolonged flight durations, and they can carry a diverse range of payloads, such as communication gear, sensors, and cameras.

An illustration of UAV technology is Zephyr, developed by Airbus (Germany), capable of remaining in flight for up to 25 days in its lengthiest mission, providing local augmentation and swift deployment capabilities for various purposes, including communication, surveillance, and environmental monitoring. Two well-known versions of HAPS UAVs are the Sunglider by Aerovironment (US), and the Astigan A3 by Astigan Ltd (UK), along with the PHASA 35 offered by Prismatic Ltd (UK).

Communication Application Segment have highest market share in the High altitude pseudo satellite market 2023

"The high altitude pseudo satellite segment encompasses communication applications, which involve the utilization of HAPS platforms to establish and enhance communication links between various points across the Earth's surface. HAPS can function as airborne relay stations, extending communication coverage to remote or underserved regions, while also providing additional capacity and backup to existing communication infrastructure. These platforms come equipped with communication tools, including transceivers, antennas, and signal processing systems. Consequently, HAPS have the capability to offer internet connectivity to rural and remote areas that lack access to conventional communication networks.

In 2020, Loon (US) conducted trials of a balloon-based 4G internet service, serving 35,000 customers and initially covering an area of 50,000 square kilometers to provide internet access to remote regions of Kenya. In June 2021, SoftBank Group Corp. (Japan) introduced its own Non-terrestrial Network (NTN) service, offering connectivity solutions from high altitudes and orbits.

Commercial end user segment to have the higher market share for the High altitude pseudo satellite market in 2023.

Commercial HAPS are equipped with communication capabilities, such as 4G/5G base stations and satellite-like transponders, which provide high-speed internet and cellular connectivity to remote or underserved areas. This proves especially beneficial in regions lacking terrestrial infrastructure or during disaster recovery efforts.

In 2020, Google's subsidiary, Loon (US), tested a 4G internet service using balloons, serving 35,000 customers and initially covering an area of 50,000 square kilometers to deliver internet access to remote regions in Kenya. High-altitude HAPS are employed for scientific research, specialized communication requirements, and atmospheric monitoring. Furthermore, in June 2021, SoftBank (Japan) launched its Non-terrestrial Network (NTN) service to offer connectivity solutions from high altitudes and orbits.

The European market is projected to contribute highest growth from 2023 to 2028

Europe is projected to be the highest growth in high altitude pseudo satellite market during the forecast period as major companies such as Prismatic Ltd. (UK), Airbus (France), and Thales Group (France are based in the Europe. These players continuously invest in the R&D of new and advanced technology used in high altitude pseudo satellites.

High Altitude Pseudo Satellite Market by Region

High Altitude Pseudo Satellite Market by Region

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Key market players

The High altitude pseudo satellite comapnies is dominated by a few globally established players such as AeroVironment, Inc. (US), Prismatic Ltd. (UK), Airbus (France), Thales Group (France), and SoftBank Group Corp. (Japan).

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Scope of the Report

Report Metric

Details

Estimated Market Size

USD 85 Million in 2023

Projected Market Size

USD 189 Million in 2028

Growth Rate (CAGR)

17.2%

Market size available for years

2020–2028

Base year considered

2022

Forecast period

2020-2028

Forecast units

Value (USD Million)

Segments covered

Platform, Application, End User and Region

Geographies covered

North America, Europe, Asia Pacific, and Rest of the World

Companies covered

AeroVironment, Inc. (US), Prismatic Ltd. (UK), Airbus (France), Thales Group (France), and SoftBank Group Corp. (Japan) and many more.

High Altitude Pseudo Satellite Market Highlights

This research report categorizes high altitude pseudo satellite market based on Platform, Application, End User and Region.

Report Metric

Details

By Platform:

  • Airships
  • Balloons
  • UAVs

By Application:

  • Communication
  • Earth Observation & Remote Sensing
  • Others (ISR, Monitoring, Search and Rescue, Navigation)

By End User:

  • Government & Defense
  • Commercial

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Recent Developments

  • In July 2023, PHASA-35 successfully completed a stratospheric flight trial in June 2023, exceeding an altitude of 66,000ft, before landing safely in New Mexico, US.
  • In March 2023, Thales group signed a contract with the European Commission for the EuroHAPS demonstration project worth USD 45.4 million. The contract includes development of three different stratospheric platforms to test a range of capabilities and missions including intelligence, surveillance, and reconnaissance (ISR) as well as communications and electronic intelligence. Light detection and ranging (LIDAR) observation, to detect and classify targets at sea or on land including in vegetation cover, and a meshed broadband communications network will also be trialled.
  • In October 2022, Airbus has signed a contract with Salam, a leading Saudi information & telecommunication company and part of the Mawarid Media & Communications Group (MMCG), to progress the development of private networks, internet of things (IoT) applications, disaster management solutions and other connectivity and high-altitude Earth observation services from the stratosphere to serve the Kingdom of Saudi Arabia.
  • In November 2022, Airbus HAPS Connectivity Business (Airbus HAPS) signed a Letter of Intent (LoT) with Space Compass Corporation of Japan for a cooperation agreement to service the Japanese market with mobile connectivity and earth observation services from the Stratosphere.
  • SoftBank Group and Lendlease Corporation formed a joint venture in April 2022, called HAPSMobile Australia Pty Ltd. to explore the deployment of HAPS (High Altitude Platform Station) in Australia.
  • In September 2021, Thales group signed a contract with the European Commission for the HEMERA 2020 demonstration project. The demonstration flight of an open stratospheric balloon was carried out on 11th September 2021 at Kiruna, Sweden, and was designed to test the airship’s emergency recovery capacity.
  • In June 2022, a latest test flight of Zephyr was conducted at US Army’s Yuma, Arizona Proving Ground. It flew for 63 days, cruising at 74 km/hr (40 knots) ground speed and at an altitude of 21,488.4 m (70,500 ft).
  • In September 2021, SoftBank Group has acquired approximately 200 patents, including patents pending, for High Altitude Platform Stations (HAPS) from Loon LLC. The patents are related to network technologies, services, operations, and aircraft for HAPS.
  • The Airbus Zephyr S completes a successful test flight campaign in September 2021 at US Army’s Yuma, Arizona Proving Ground. This campaign consists of six flights in total, four low level test flights and two stratospheric flights.  The stratospheric flights flew for around 18 days each, totaling more than 36 days of stratospheric flight in the campaign.
  • In December 2020, Airbus successfully completed a test flight campaign for its Zephyr S in Arizona, U.S. The Zephyr S fitted with new software control systems and specific flight test instruments that demonstrated take-off, climb, cruise, upgraded flight control and descent phases, followed by successful landings.
  • In October 2020, PHASA-35, a 35-meter wingspan solar-electric aircraft, successfully completed critical endurance trials for 72 hours with Defence Science and Technology Laboratory (DSTL)’s (UK), communications sensor payload, in a simulated environment that models the harsh stratospheric conditions in which the aircraft is designed to operate
  • In October 2020, AeroVironment Inc. successfully completed test flight campaign reaching an altitude of more than 60,000 feet above sea level and successfully demonstrating mobile broadband communication on consumer smartphones, linking teams in Tokyo, New Mexico, and Silicon Valley for 20 hours test flight.
  • In January 2020, Thales Group signed a contract with the Defence Procurement Agency of France for a full-scale autonomous Stratobus demonstrator airship. The aim of the contract is to improve and expand France’s defense capabilities by stratospheric platforms.
  • In October 2019, Airbus has partnered with U.S. based Amprius Inc. for the development of new generation batteries based on Silicon Nanowire Anode-based Lithium-Ion Batteries which helps to expand production capability to match near term needs of the Zephyr.

Key Questions Addressed by the Report :

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 20)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES
    1.5 STAKEHOLDERS 
 
2 RESEARCH METHODOLOGY (Page No. - 23)
    2.1 RESEARCH DATA 
           FIGURE 2 RESEARCH PROCESS FLOW
           FIGURE 3 RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                               FIGURE 4 KEY INDUSTRY INSIGHTS
                               FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS
    2.2 FACTOR ANALYSIS 
           2.2.1 INTRODUCTION
           2.2.2 DEMAND-SIDE INDICATORS
           2.2.3 SUPPLY-SIDE INDICATORS
    2.3 MARKET SIZE ESTIMATION 
           2.3.1 BOTTOM-UP APPROACH
                    2.3.1.1 Market size estimation, by platform
                               FIGURE 6 BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 7 TOP-DOWN APPROACH
    2.4 DATA TRIANGULATION 
           FIGURE 8 DATA TRIANGULATION
    2.5 RESEARCH ASSUMPTIONS 
           FIGURE 9 RESEARCH ASSUMPTIONS
    2.6 RESEARCH LIMITATIONS 
    2.7 RISK ASSESSMENT 
 
3 EXECUTIVE SUMMARY (Page No. - 34)
    FIGURE 10 UAVS TO LEAD HIGH-ALTITUDE PSEUDO-SATELLITE MARKET DURING FORECAST PERIOD
    FIGURE 11 EARTH OBSERVATION & REMOTE SENSING TO SURPASS COMMUNICATION SEGMENT DURING FORECAST PERIOD
    FIGURE 12 COMMERCIAL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028
 
4 PREMIUM INSIGHTS (Page No. - 36)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HIGH-ALTITUDE PSEUDO-SATELLITE MARKET 
           FIGURE 13 INCREASED GOVERNMENT FUNDING FOR INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE CAPABILITIES
    4.2 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY PLATFORM 
           FIGURE 14 AIRSHIPS TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
    4.3 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY APPLICATION 
           FIGURE 15 OTHERS TO BE LARGEST SEGMENT DURING FORECAST PERIOD
    4.4 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY END USER 
           FIGURE 16 COMMERCIAL SEGMENT TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD
    4.5 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY REGION 
           FIGURE 17 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023
 
5 MARKET OVERVIEW (Page No. - 39)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 18 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Need for global connectivity
                    5.2.1.2 Rising adoption of composite materials in high-altitude pseudo-satellites
                    5.2.1.3 Increasing use of high-altitude pseudo-satellites in emergency services
                    5.2.1.4 Versatility of payload integration techniques
                               TABLE 2 KEY INFORMATION ON HIGH-ALTITUDE PSEUDO-SATELLITES
           5.2.2 RESTRAINTS
                    5.2.2.1 Limited durability due to extreme atmospheric conditions
                    5.2.2.2 Stringent government regulations for deployment of satellite communication systems
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Need for high-speed communication networks in remote areas
                    5.2.3.2 Growing scientific exploration through high-altitude pseudo-satellites
           5.2.4 CHALLENGES
                    5.2.4.1 Issues pertaining to energy storage
                    5.2.4.2 Limitations associated with thermal management
    5.3 VALUE CHAIN ANALYSIS 
           FIGURE 19 VALUE CHAIN ANALYSIS
    5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           FIGURE 20 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
    5.5 ECOSYSTEM MAPPING 
           5.5.1 PROMINENT COMPANIES
           5.5.2 PRIVATE AND SMALL ENTERPRISES
           5.5.3 START-UPS
           5.5.4 END USERS
           FIGURE 21 ECOSYSTEM MAPPING
           TABLE 3 ROLE OF COMPANIES IN ECOSYSTEM
    5.6 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 22 PORTER’S FIVE FORCES ANALYSIS
           TABLE 4 IMPACT OF PORTER’S FIVE FORCES ANALYSIS
           5.6.1 THREAT OF NEW ENTRANTS
           5.6.2 THREAT OF SUBSTITUTES
           5.6.3 BARGAINING POWER OF SUPPLIERS
           5.6.4 BARGAINING POWER OF BUYERS
           5.6.5 INTENSITY OF COMPETITIVE RIVALRY
    5.7 PRICING ANALYSIS 
           TABLE 5 AVERAGE SELLING PRICE OF HIGH-ALTITUDE PSEUDO-SATELLITES, BY PLATFORM, 2022 (USD MILLION/UNIT)
    5.8 REGULATORY LANDSCAPE 
           TABLE 6 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           TABLE 7 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           TABLE 8 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           TABLE 9 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.9 USE CASE ANALYSIS 
           5.9.1 ENVIRONMENTAL MONITORING AND DISASTER MANAGEMENT
           5.9.2 COMMUNICATION AND CONNECTIVITY
           5.9.3 SURVEILLANCE AND SECURITY
    5.10 KEY CONFERENCES AND EVENTS, 2023–2024 
           TABLE 10 KEY CONFERENCES AND EVENTS, 2023–2024
    5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.11.1 STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING HIGH-ALTITUDE PSEUDO-SATELLITES, BY END USER
                    TABLE 11 INFLUENCE OF STAKEHOLDERS ON BUYING HIGH-ALTITUDE PSEUDO-SATELLITES, BY END USER (%)
           5.11.2 BUYING CRITERIA
                    FIGURE 24 KEY BUYING CRITERIA FOR HIGH-ALTITUDE PSEUDO-SATELLITES, BY END USER
                    TABLE 12 KEY BUYING CRITERIA FOR HIGH-ALTITUDE PSEUDO-SATELLITES, BY END USER
 
6 INDUSTRY TRENDS (Page No. - 58)
    6.1 INTRODUCTION 
    6.2 TECHNOLOGY TRENDS 
           6.2.1 IMPROVED SOLAR PANELS
           6.2.2 GUST LOAD ALLEVIATION
           6.2.3 LITHIUM-ION BATTERIES
           6.2.4 ADVANCED COMMUNICATION SYSTEMS
           6.2.5 HYDROGEN FUEL CELLS
           6.2.6 MINIATURIZED PAYLOADS
           6.2.7 AUTONOMOUS OPERATIONS AND ARTIFICIAL INTELLIGENCE
           6.2.8 USE OF ADVANCED MATERIALS
    6.3 IMPACT OF MEGATRENDS 
           6.3.1 REMOTE CONNECTIVITY THROUGH HIGH-ALTITUDE PSEUDO-SATELLITES
           6.3.2 INTERNET OF THINGS
           6.3.3 BEAMFORMING
    6.4 SUPPLY CHAIN ANALYSIS 
           FIGURE 25 SUPPLY CHAIN ANALYSIS
    6.5 INNOVATIONS AND PATENT REGISTRATIONS 
           TABLE 13 KEY PATENTS
    6.6 ROADMAP OF HIGH-ALTITUDE PSEUDO-SATELLITE MARKET 
           FIGURE 26 DEVELOPMENT POTENTIAL OF HIGH-ALTITUDE PSEUDO-SATELLITES, 1983–2030
 
7 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY PLATFORM (Page No. - 66)
    7.1 INTRODUCTION 
           FIGURE 27 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY PLATFORM, 2023–2028
           TABLE 14 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
           TABLE 15 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
    7.2 AIRSHIPS 
           7.2.1 BOOST IN SURVEILLANCE AND RECONNAISSANCE ACTIVITIES TO DRIVE GROWTH
    7.3 BALLOONS 
           7.3.1 OPTIMIZED EFFICIENCY AND SECURITY TO DRIVE GROWTH
    7.4 UNMANNED AERIAL VEHICLES (UAVS) 
           7.4.1 HIGH PAYLOAD CARRYING CAPACITY TO DRIVE GROWTH
 
8 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY APPLICATION (Page No. - 69)
    8.1 INTRODUCTION 
           FIGURE 28 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY APPLICATION, 2023–2028
           TABLE 16 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY APPLICATION, 2020–2022 (USD MILLION)
           TABLE 17 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
    8.2 COMMUNICATION 
           8.2.1 HIGH DEMAND FOR INTERNET FROM RURAL AND REMOTE AREAS TO DRIVE GROWTH
    8.3 EARTH OBSERVATION & REMOTE SENSING 
           8.3.1 NEED FOR REAL-TIME IMAGERY IN DISASTER RESPONSE TO DRIVE GROWTH
    8.4 OTHERS 
 
9 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY END USER (Page No. - 72)
    9.1 INTRODUCTION 
           FIGURE 29 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY END USER, 2023–2028
           TABLE 18 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY END USER, 2020–2022 (USD MILLION)
           TABLE 19 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY END USER, 2023–2028 (USD MILLION)
    9.2 COMMERCIAL 
           9.2.1 RISE IN URBAN PLANNING AND INFRASTRUCTURE DEVELOPMENT TO DRIVE GROWTH
    9.3 GOVERNMENT & DEFENSE 
           9.3.1 PREDOMINANT USE IN SECURITY AND SURVEILLANCE MISSIONS TO DRIVE GROWTH
 
10 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY REGION (Page No. - 75)
     10.1 INTRODUCTION 
             FIGURE 30 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY REGION, 2023–2028
             TABLE 20 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY REGION, 2020–2022 (USD MILLION)
             TABLE 21 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.2 RECESSION IMPACT ANALYSIS 
           TABLE 22 RECESSION IMPACT ANALYSIS
     10.3 NORTH AMERICA 
             10.3.1 PESTLE ANALYSIS
             10.3.2 US
                        10.3.2.1 Advancements in satellite technology to drive growth
             10.3.3 CANADA
                        10.3.3.1 Increased government investments in high-altitude pseudo-satellite infrastructure to drive growth
     10.4 EUROPE 
             10.4.1 PESTLE ANALYSIS
             10.4.2 UK
                        10.4.2.1 Large-scale presence of key players to drive growth
             10.4.3 FRANCE
                        10.4.3.1 Booming high-altitude technologies to drive growth
             10.4.4 GERMANY
                        10.4.4.1 Rapid development of new satellite technologies to drive growth
             10.4.5 ITALY
                        10.4.5.1 Widespread applications of high-altitude pseudo-satellites to drive growth
             10.4.6 SPAIN
                        10.4.6.1 Boost in tracking, monitoring, and surveillance activities to drive growth
             10.4.7 REST OF EUROPE
     10.5 ASIA PACIFIC 
             10.5.1 PESTLE ANALYSIS
             10.5.2 CHINA
                        10.5.2.1 Rising popularity of satellite broadband to drive growth
             10.5.3 INDIA
                        10.5.3.1 Government initiatives to improve defense capabilities to drive growth
             10.5.4 JAPAN
                        10.5.4.1 Expanding rural connectivity to drive growth
             10.5.5 SOUTH KOREA
                        10.5.5.1 Financial and regulatory support for development of high-altitude pseudo-satellites to drive growth
             10.5.6 AUSTRALIA
                        10.5.6.1 Increasing investments in development of satellite Internet to drive growth
     10.6 REST OF THE WORLD 
             10.6.1 PESTLE ANALYSIS
             10.6.2 LATIN AMERICA
                        10.6.2.1 Need for advanced high-altitude pseudo-satellites to drive growth
             10.6.3 MIDDLE EAST & AFRICA
                        10.6.3.1 Increasing demand for high-speed Internet to drive growth
 
11 COMPETITIVE LANDSCAPE (Page No. - 88)
     11.1 INTRODUCTION 
     11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023 
             TABLE 23 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
     11.3 MARKET RANKING ANALYSIS, 2022 
             FIGURE 31 MARKET RANKING OF KEY PLAYERS, 2022
     11.4 COMPANY EVALUATION MATRIX 
             11.4.1 STARS
             11.4.2 EMERGING LEADERS
             11.4.3 PERVASIVE PLAYERS
             11.4.4 PARTICIPANTS
                        FIGURE 32 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET: COMPANY EVALUATION MATRIX, 2022
             11.4.5 COMPANY FOOTPRINT
                        TABLE 24 COMPANY FOOTPRINT
                        TABLE 25 END USER FOOTPRINT
                        TABLE 26 PLATFORM FOOTPRINT
                        TABLE 27 REGION FOOTPRINT
     11.5 START-UP/SME EVALUATION MATRIX 
             11.5.1 PROGRESSIVE COMPANIES
             11.5.2 RESPONSIVE COMPANIES
             11.5.3 DYNAMIC COMPANIES
             11.5.4 STARTING BLOCKS
                        FIGURE 33 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET: START-UP/SME EVALUATION MATRIX, 2022
             11.5.5 COMPETITIVE BENCHMARKING
                        TABLE 28 KEY START-UPS/SMES
                        TABLE 29 COMPETITIVE BENCHMARKING OF START-UPS/SMES
     11.6 COMPETITIVE SCENARIO 
             11.6.1 MARKET EVALUATION FRAMEWORK
             11.6.2 PRODUCT LAUNCHES
                        TABLE 30 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023
             11.6.3 DEALS
                        TABLE 31 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET: DEALS, JANUARY 2020–DECEMBER 2023
             11.6.4 OTHER DEVELOPMENTS
                        TABLE 32 HIGH-ALTITUDE PSEUDO-SATELLITE MARKET: OTHER DEVELOPMENTS, JANUARY 2020–DECEMBER 2023
 
12 COMPANY PROFILES (Page No. - 106)
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*  
     12.1 KEY PLAYERS 
             12.1.1 AIRBUS
                        TABLE 33 AIRBUS: COMPANY OVERVIEW
                        FIGURE 34 AIRBUS: COMPANY SNAPSHOT
                        TABLE 34 AIRBUS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 35 AIRBUS: PRODUCT LAUNCHES
                        TABLE 36 AIRBUS: DEALS
             12.1.2 AEROVIRONMENT, INC.
                        TABLE 37 AEROVIRONMENT, INC.: COMPANY OVERVIEW
                        FIGURE 35 AEROVIRONMENT, INC.: COMPANY SNAPSHOT
                        TABLE 38 AEROVIRONMENT, INC.: PRODUCT/SOLUTIONS/SERVICES OFFERED
                        TABLE 39 AEROVIRONMENT, INC.: PRODUCT LAUNCHES
             12.1.3 PRISMATIC LTD.
                        TABLE 40 PRISMATIC LTD.: COMPANY OVERVIEW
                        FIGURE 36 PRISMATIC LTD.: COMPANY SNAPSHOT
                        TABLE 41 PRISMATIC LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 42 PRISMATIC LTD.: PRODUCT LAUNCHES
             12.1.4 THALES
                        TABLE 43 THALES: COMPANY OVERVIEW
                        FIGURE 37 THALES: COMPANY SNAPSHOT
                        TABLE 44 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 45 THALES: DEALS
             12.1.5 HAPSMOBILE INC.
                        TABLE 46 HAPSMOBILE INC.: COMPANY OVERVIEW
                        TABLE 47 HAPSMOBILE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 48 HAPSMOBILE INC.: PRODUCT LAUNCHES
                        TABLE 49 HAPSMOBILE INC.: DEALS
             12.1.6 AURORA FLIGHT SCIENCES
                        TABLE 50 AURORA FLIGHT SCIENCES: COMPANY OVERVIEW
                        FIGURE 38 AURORA FLIGHT SCIENCES: COMPANY SNAPSHOT
                        TABLE 51 AURORA FLIGHT SCIENCES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.7 HEMERIA
                        TABLE 52 HEMERIA: COMPANY OVERVIEW
                        TABLE 53 HEMERIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.8 AEROSTAR
                        TABLE 54 AEROSTAR: COMPANY OVERVIEW
                        TABLE 55 AEROSTAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 56 AEROSTAR: PRODUCT LAUNCHES
                        TABLE 57 AEROSTAR: DEALS
             12.1.9 UAVOS INC
                        TABLE 58 UAVOS INC: COMPANY OVERVIEW
                        TABLE 59 UAVOS INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 60 UAVOS INC: PRODUCT LAUNCHES
             12.1.10 CAPGEMINI
                        TABLE 61 CAPGEMINI: COMPANY OVERVIEW
                        FIGURE 39 CAPGEMINI: COMPANY SNAPSHOT
                        TABLE 62 CAPGEMINI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 63 CAPGEMINI: PRODUCT LAUNCHES
             12.1.11 SIERRA NEVADA CORPORATION
                        TABLE 64 SIERRA NEVADA CORPORATION: COMPANY OVERVIEW
                        TABLE 65 SIERRA NEVADA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 66 SIERRA NEVADA CORPORATION: PRODUCT LAUNCHES
                        TABLE 67 SIERRA NEVADA CORPORATION: DEALS
             12.1.12 SWIFT ENGINEERING
                        TABLE 68 SWIFT ENGINEERING: COMPANY OVERVIEW
                        TABLE 69 SWIFT ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 70 SWIFT ENGINEERING: PRODUCT LAUNCHES
                        TABLE 71 SWIFT ENGINEERING: DEALS
             12.1.13 SKYDWELLER
                        TABLE 72 SKYDWELLER: COMPANY OVERVIEW
                        TABLE 73 SKYDWELLER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 74 SKYDWELLER: PRODUCT LAUNCHES
                        TABLE 75 SKYDWELLER: DEALS
             12.1.14 SCEYE INC
                        TABLE 76 SCEYE INC: COMPANY OVERVIEW
                        TABLE 77 SCEYE INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 78 SCEYE INC: PRODUCT LAUNCHES
                        TABLE 79 SCEYE INC: DEALS
             12.1.15 STRATOSPHERIC PLATFORMS LTD.
                        TABLE 80 STRATOSPHERIC PLATFORMS LTD.: COMPANY OVERVIEW
                        TABLE 81 STRATOSPHERIC PLATFORMS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 82 STRATOSPHERIC PLATFORMS LTD.: PRODUCT LAUNCHES
                        TABLE 83 STRATOSPHERIC PLATFORMS LTD.: DEALS
     12.2 OTHER PLAYERS 
             12.2.1 COMPOSITE TECHNOLOGY TEAM
                        TABLE 84 COMPOSITE TECHNOLOGY TEAM: COMPANY OVERVIEW
             12.2.2 ILC DOVER LP
                        TABLE 85 ILC DOVER LP: COMPANY OVERVIEW
             12.2.3 KRAUS HAMDANI AEROSPACE, INC.
                        TABLE 86 KRAUS HAMDANI AEROSPACE, INC.: COMPANY OVERVIEW
             12.2.4 ATLAS
                        TABLE 87 ATLAS: COMPANY OVERVIEW
             12.2.5 ELSON SPACE ENGINEERING
                        TABLE 88 ELSON SPACE ENGINEERING: COMPANY OVERVIEW
             12.2.6 AVEALTO
                        TABLE 89 AVEALTO: COMPANY OVERVIEW
             12.2.7 STRATOSYST S.R.O.
                        TABLE 90 STRATOSYST S.R.O.: COMPANY OVERVIEW
             12.2.8 AIRSTAR AEROSPACE
                        TABLE 91 AIRSTAR AEROSPACE: COMPANY OVERVIEW
             12.2.9 TAO TRANS ATMOSPHERIC OPERATIONS
                        TABLE 92 TAO TRANS ATMOSPHERIC OPERATIONS: COMPANY OVERVIEW
             12.2.10 ZERO 2 INFINITY S.L.
                        TABLE 93 ZERO 2 INFINITY S.L.: COMPANY OVERVIEW
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.  
 
13 APPENDIX (Page No. - 147)
     13.1 DISCUSSION GUIDE 
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     13.3 CUSTOMIZATION OPTIONS 
     13.4 RELATED REPORTS 
     13.5 AUTHOR DETAILS 
 

 

The research study conducted on high altitude pseudo satellite market involved extensive use of secondary sources, including directories, databases of articles, journals on high altitude pseudo satellite, company newsletters, and information portals such as Hoover’s, Bloomberg, and Factiva to identify and collect information useful for this extensive, technical, market-oriented study of the high altitude pseudo satellite market. Primary sources include industry experts from the core and related industries, alliances, organizations, Original Equipment Manufacturers (OEMs), vendors, suppliers, and technology developers. These sources relate to all segments of the value chain of high altitude pseudo satellite market.

In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among others, to obtain and verify critical qualitative and quantitative information and assess future market prospects.

Secondary Research

The market ranking of companies was determined using the secondary data made available through paid and unpaid sources and by analyzing the service portfolios of major companies. These companies were rated on the basis of performance and quality of their products. Primary sources further validated these data points.

Secondary sources referred to for this research study include financial statements of companies offering high-altitude pseudo satellites and information from various trade, business, and professional associations. The secondary data was collected and analyzed to arrive at the overall size of the High-Altitude Pseudo-Satellite market, which was validated by primary respondents.

Primary Research

Extensive primary research was conducted after obtaining information about the current scenario of the High-Altitude pseudo-satellite market through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across regions: North America, Europe, Asia Pacific, and the Rest of the World. This primary data was collected through questionnaires, emails, and telephonic interviews.

In the primary research process, various sources were interviewed to obtain qualitative and quantitative information on the market. Sources from the supply side included various industry experts, such as chief X officers (CXOs), vice presidents (VPs), and directors from business development, marketing, and product development/innovation teams; related key executives from the market participants, such as independent consultants; manufacturers; parts manufacturers of High-Altitude pseudo-Satellite, and key opinion leaders.

These interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market size forecasting, and data triangulation. It also helped analyze the platform, solution, application, and range,

Stakeholders from the demand side, such as CXOs, production managers, and maintenance engineers, were interviewed to understand the perspective of buyers on product suppliers and service providers, along with their current usage. It also helped in understanding the future outlook of their businesses, which will affect the overall High Altitude Pseudo Satellite market.

High Altitude Pseudo Satellite Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down and bottom-up approaches were used to estimate and validate the size of the high-altitude pseudo satellite market. The figure in the below section is a representation of the overall market size estimation process employed for the purpose of this study.

The research methodology used to estimate the market size includes the following details.

  • Key players in the markets were identified through secondary research, and their market shares were determined through primary and secondary research. This included an extensive study of top market players' annual and financial reports and interviews with CEOs, directors, and marketing executives.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.

High Altitude Pseudo Satellite Market Size: Bottom-Up Approach

High Altitude Pseudo Satellite Market Size, and Bottom-Up Approach

High Altitude pseudo satellite market Size: Top-Down Approach

High Altitude Pseudo Satellite Market Size, and Top-Down Approach

Data Triangulation

After arriving at the overall market size from the market size estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for market segments and subsegments, the data triangulation and market breakdown procedures explained below were implemented wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

The following figure indicates the market breakdown structure and the data triangulation procedure implemented in the market engineering process used in this report.

High Altitude Pseudo Satellite Market Size, and Data Triangulation

Market Defination

High-altitude pseudo satellite is a solar-powered high altitude long endurance unmanned aerial vehicle (UAV), watching over earth from the stratosphere. The term "Pseudo-Satellite” is used because of its capability to stay above an area for a very long period like a satellite. The flying altitude of high-altitude pseudo satellite is just above the commercial aircraft and drones but operates like a satellite. The best working altitude is 20km, 8-10km above commercial airlines where the wind speed is sufficient for high altitude pseudo satellite to hold the position for long period. It can remain in its position for weeks or months. Technologically the main advantage of this altitude is very less meteorological events with light winds. At an altitude of 20 km despite the curvature of the earth, it can cover an area of radius 200km. The potential to stay above an area of a radius of 200km for months, makes it the best-suited platform for real-time monitoring/surveillance, communication, earth observation and complementing the existing Air-born and Space born platforms.

Key Stakeholders

  • High Altitude Pseudo Satellite Manufacturers
  • Component Manufacturers
  • Defence Contractors
  • Government and Defence Organizations
  • Commercial Organizations
  • Payload & Warhead Suppliers
  • Technologists
  • R&D Staff

Report Objectives

  • To define, describe, and forecast the size of the high altitude pseudo satellite market based on platform, application, end user and region
  • To forecast the size of the various segments of the high altitude pseudo satellite market based on six regions: North America, Europe, Asia Pacific, and Rest of the World, along with key countries in each of these regions
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To identify industry trends, market trends, and technology trends prevailing in the market
  • To analyze micro markets with respect to individual technological trends, prospects, and their contribution to the overall market
  • To provide a detailed competitive landscape of the market and analyze competitive growth strategies such as new product developments, contracts, partnerships, joint ventures, agreements, and collaborations adopted by key players in the market
  • To identify the detailed financial position, key products, unique selling points, and key developments of leading companies in the market
  • To strategically profile key market players and comprehensively analyze their market rank analysis and core competencies

1 Micromarkets refer to further segments and subsegments of High-altitude pseudo satellite market included in the report.

2 Companies' Core competencies were captured in terms of their key developments and key strategies they adopted to sustain their position in the market.

Available customizations

Along with the market data, MarketsandMarkets offers customizations per the specific needs of companies. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the market segments at country-level

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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