High altitude platforms are structures equipped with different payloads for varied applications such as communication, environmental monitoring, surveillance, and navigation. These are positioned in the stratosphere, which is at a much higher altitude than the atmospheric layer where commercial aircraft operate.
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By geography, North America is going to have lucrative growth during the forecast period. Improved adoption and penetration of UAV aircraft in the region by various governmental and private organizations are driving the market growth. Furthermore, increased adoption for military purposes by countries like U.S. and Canada is increasing the investments inflow.
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Some of the key players profiled in the High Altitude Platforms Market include AIRBUS, SAS, Aeros, AeroVironment, Inc., Avealto Ltd., ILC Dover LP, Israel Aerospace Industries (IAI), Lindstrand Technologies Limited, Lockheed Martin Corporation, Rafael Advanced Defense Systems Ltd., Raven Industries, Inc., Raytheon Technologies Corporation, Tcom L.P., and Thales Group.
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