Tethered Aerostat Systems in High Altitude Platform (HAP) Market Will Excepted to Hold Largest Industry Share by 2024
March 13, 2019 at 11:15 AM EDT
Sellbyville, DE -- (SBWIRE) -- 03/13/2019 -- High Altitude Platform (HAP) Market is projected to reach a revenue of approximately USD 1.5 billion over the forecast timespan. These systems overcome the challenges pertaining to conventional satellites and terrestrial towers such as high costs, inoperability over large distances and water bodies, and inaccessibility for maintenance and testing. Additionally, these provide a faster convergence route for broadcasting and communication services as they are situated in close proximity to the earth's lower layers and are accessible by a larger customer base causing a substantial High Altitude Platform (HAP) Market growth.
