Global High Altitude Aeronautical Platform Stations Market to Reach Valuation of USD 13.0 Billion by 2032 at 9.92% CAGR: Astute Analytica [Yahoo! Finance]
AeroVironment, Inc. (AVAV)
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Source: Yahoo! Finance
North America dominates the market as an early innovator, while Asia-Pacific shows rising interest. Drone-based HAAPS are preferred for their versatility, and solar power adoption underscores a focus on sustainability. New Delhi, April 01, 2024 (GLOBE NEWSWIRE) -- According to the latest research by Astute Analytica, the global high altitude aeronautical platform stations market is projected to reach US$ 13.0 billion by 2032, up from US$ 5.5 billion in 2023, at a CAGR of 9.92% during the forecast period 2024–2032. The High-Altitude Aeronautical Platform Stations (HAAPS) market is experiencing a period of rapid growth and innovation. This expansion is fueled by the adaptability and cost-effectiveness of these platforms in solving communication challenges across vast and difficult landscapes. North America maintains its position as the frontrunner in HAAPS development and deployment, accounting for 50 units sold in 2022 alone. The Asia-Pacific region follows closely, demonstrating i
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AVAV
Earnings
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Sec Filings
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- AVAV's page on the SEC website