ALBANY, New York, November 10, 2016 /PRNewswire/ -- According to the research report, the global airships market is expected to be worth US$273.2 mn by the end of 2024 from US$152.8 mn in 2015. Analysts predict that between the forecast years of 2016 and 2024, the global market is expected to progress at a CAGR of 6.5%. In terms of regions, North America is projected to lead the global market as the U.S. will boast a strong presence of key manufacturers. By the end of 2024, the North America airships market will be worth US$90.3 mn. Out of the various types of airships, the non-rigid airships will steal the show due to their low operating cost and light weight. The non-rigid airship segment is expected to account for a share of 43.5% in the global market by 2024. Download Sample PDF Brochure for Professional & Technical Breakthroughs athttp://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8812Safety Concerns Lend Impetus to Global Airship Market The global airships market is primarily being driven by increasing uptake of airships in the field of advertising. "Several advertising agencies are opting for airships are they are exceptionally cost-effective solutions and thus have the chance to yield higher returns of investments," states the lead author of this research report. Airships can be raised up to cover a large view area at a minimal cost. Thus, they offer excellent visibility and remain stable until taken down. The demand for airships is also soaring as the safety concerns continue to pressurize several governments across the globe. Militaries across the globe are using airships for observing, temperature broadcasting, and geo-spatial mapping. They have not only made air surveillance cheaper but also eliminated the risk of humans handling these tasks.