High Purity Alumina Market to grow at 15.8% CAGR from 2019 to 2025 - PowerPoint PPT Presentation

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High Purity Alumina Market to grow at 15.8% CAGR from 2019 to 2025

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Request Sample of Report @ The High purity alumina market share from phosphor segment is expected to be pegged at over $550 million by 2025. the surge in demand for phosphor-based products like plasma televisions is likely to strengthen the high purity alumina business landscape, owing its use in controlling the properties of phosphorous products. – PowerPoint PPT presentation

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Title: High Purity Alumina Market to grow at 15.8% CAGR from 2019 to 2025


1
High Altitude Platform Market to grow at 5 CAGR
from 2017 to 2024
2
Key Insights from High Altitude Platform Market
  • High Altitude Platform Market size was estimated
    at over USD 1 billion in 2016, and set to exceed
    USD 1.5 billion by 2024 according to a new
    research report by Global Market Insights, Inc. A
    major factor contributing to the high demand in
    the high altitude platform market are the
    operational advantages over coverage area,
    manufacturing and repair costs as compared to
    conventional communication systems such as
    satellites and communication towers. These
    provide massive cost-savings in manufacturing,
    testing, and maintenance as compared to satellite
    systems.
  • Solar-powered, efficient technologies are
    massively promoted by government bodies across
    the world owing to the rising pollution and
    depletion of natural fuel sources. Vendors
    operating in the global high altitude platform
    industry are integrating photo-voltaic cell
    modules across the wingspan to decrease the
    reliance on fuel cells to generate power. For
    instance, in May 2017, SolarStratos completed the
    testing of the prototype of the first commercial
    two-seater solar plane, Elektra-2. Following
    this, various other companies in the HAP market
    such as Airbus SE and AeroVironment, Inc. have
    increased their investment in the development of
    these technologies and developed and launched
    unmanned HAPs for various applications.

3
Continued...
  • Rapid growth of the airline industry with long
    haul airplanes and large-scale globalization are
    leading to an increase in global passenger
    traffic with higher demand for in-flight services
    for entertainment and communication purposes. On
    an average, passenger and commercial airplanes
    are assigned a cruising altitude of over 39,000
    ft. The development and commercialization of HAP
    technology can revolutionize the aviation and
    aerospace industry as HAPs are deployed above
    60,000 ft., allowing continuous connectivity for
    on-board users and navigation to ground-based
    users. This is anticipated to massively drive the
    high altitude platform market growth during the
    forecast timespan.
  • The UAV market is anticipated to exhibit
    substantial growth during the forecast
    time-period. These operate at 54,000 feet for up
    to nine hours and are equipped with laser systems
    to target offense missiles and have large scale
    applications in environmental data collection and
    defense purposes. In the U.S, the government has
    undertaken various laws such as the FAA
    Modernization and Reform Act of 2012. This
    contains provisions to make the UAS licensing
    process easier and quicker for law enforcement
    officials.

4

Latest Research Report On High Altitude Platform
Market _at_ http//bit.ly/2zAhHk4 Request for a
sample of this research report _at_ https//www.gmins
ights.com/request-sample/detail/683
5
U.S. HAP market size, by application, 2016 2024
(USD Million)

6
Regional Analysis
  • The surveillance segment dominates the high
    altitude platform industry due to high adoption
    by military and naval forces in developed regions
    such as North America and Western Europe. This is
    primarily due to higher image clarity and data
    relay capabilities of these system as opposed to
    conventional surveillance systems. High growth in
    the telecommunications segment is due to the
    rising penetration of the internet and the
    increase in global smartphone usage. Provision of
    broadband services in rural locations is highly
    researched by companies such as Google through
    their various projects such as Skybender and
    Loon.
  • The economic boom in the South-East Asian
    countries is contributing to the high growth of
    the HAP market. Outsourcing of various business
    operations requires continuous connection to the
    internet and other communication facilities.
    Disruption in connectivity can result in massive
    financial losses for regional players.
    Additionally, the consumers in the region are
    also seeking high speed broadband services and
    wireless connectivity which at lower rates.
    Rising instances of smuggling and terroristic
    activities across the world have led to
    government concern and strategies to tackle such
    issues.

7
Major Companies in High Altitude Platform Market
  • Lockheed Martin Corporation
  • Thales Group
  • ILC Dover L.P
  • Worldwide Aeros Corporation
  • Elektra Solar GmbH
  • Raytheon Company
  • Aerostar International, Inc.
  • Airbus SE

8
Industry Coverage

9
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