High Altitude Platforms Market Outlook: Growth Potential and Investment Opportunities
Market Definition A high altitude platform (HAP) is an airborne platform used to perform a variety of functions including communications, surveillance, meteorology, and navigation. HAPs are typically unmanned aerial vehicles (UAVs) or balloons and are operated at altitudes above 18,000 feet (5,486 meters). Request Sample: https://www.globalinsightservices.com/request-sample/GIS26136/?utm_id=1012 Market Dynamics HAPs offer several advantages over traditional ground-based systems, including the ability to provide coverage in remote or hostile environments, and the ability to remain on station for long periods. HAPs are also less expensive to operate than satellite systems and can be quickly deployed in emergencies. The high altitude platforms market size was USD 783.3 million in 2023 and is …
