Airships Market: Emerging Trends And Strong Application Scope By 2016 - 2024
Some of the prominent players in the airships market are Airborne Industries Inc., Lindstrand Technologies, Hybrid Air Vehicles Ltd., GEFA-FLUG GmbH, and Information Systems Laboratories Inc, says Transparency Market Research. Analysts have observed that the market is expected to witness several emerging players in the coming few years. This is expected to intensify competition in the coming years. According to a research report by TMR, the global airships market is likely to surpass valuation of US$273.2 mn by the end of 2024. The market is expected to rise at a CAGR of 6.5% during 2016 – 2024. The analysts observed the market at a valuation of US$152.8 million in 2015 On the basis of geography, North America is expected to dominate the airships market during the forecast period. This is mainly due to the increasing applications of the airships for the product marketing and branding purpose in the region. Based on type, the market is segmented into rigid ...