Global airships market Report, published by Variant Market Research, forecast that the global market was valued at $174 million in 2016 and expected to reach $304 million by 2024; growing at a CAGR of 7.2% from 2016 to 2024. In geographical segments, Asia Pacific and rest of the world (RoW) are expected to grow at a CAGR of 8.7% and 7.6%, respectively, over the forecast period 2016 - 2024.

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The major factors supporting growth of the market are increasing demand for advertisement, growing requirement for continuous surveillance, along with low operational cost and speedy communication and climate research. Though, the speed of travel and operational risk may hamper the growth of the market. Additionally, hybrid airships and luxury airships for commercial tours would provide growth opportunity in the future years.

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The global airships market has been bifurcated into structure type, application and geography. Structure type segment includes semi-rigid, rigid, and non-rigid. Additionally, applications segment comprises surveillance, commercial tours, cargo transport, research, and others. Among structure type segments, non-rigid and semi-rigid accounted for the market share of 42.9% and 34.2% respectively, in 2016. Advertisement held the maximum share in global airships market in 2016 and predictable to grow at the highest CAGR of 7.8% between 2016 and 2024.

North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major regions covered in the report. Asia-Pacific is the fastest growing region in the global airships market, driven by growing penetration of airships in developing economies for moving freight, particularly in remote areas and demand for outdoor advertising. North America accounts the major share of the market with 34.1% followed by Europe with 27%, in the year 2016.

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The major key players of global airships market comprise Airborne Industries inc, Lockheed Martin Corporation, Hybrid Air Vehicles Ltd., GEFA-FLUG GmbH, Lindstrand Technologies, Information Systems Laboratories Inc., RosAeroSystems s.r.a., Zeppelin Luftschifftechnik GmbH., Shanghai Vantage Airship Manufacture Co. Ltd., and Skyship Services Inc., among others.

Scope of Airships Market
Structure Type Segments
• Rigid
• Semi-Rigid
• Non-Rigid
Applications Segments
• Commercial Tours
• Surveillance
• Research
• Cargo Transport
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Others
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Others
• RoW
o South America
o Middle East
o Africa

About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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