Global Tethered Drones Market Research Report 2023

Report ID: 1924113 | Published Date: Jan 2025 | No. of Page: 90 | Base Year: 2024 | Rating: 4.4 | Webstory: Check our Web story
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1 Tethered Drones Market Overview
    1.1 Product Definition
    1.2 Tethered Drones Segment by Type
        1.2.1 Global Tethered Drones Market Value Growth Rate Analysis by Type 2022 VS 2029
        1.2.2 Ground Fixed Type
        1.2.3 Vehicle Mounted Mobile Type
        1.2.4 Shipborne Mobile Type
    1.3 Tethered Drones Segment by Application
        1.3.1 Global Tethered Drones Market Value Growth Rate Analysis by Application: 2022 VS 2029
        1.3.2 Defense
        1.3.3 Telecommunications
        1.3.4 Others
    1.4 Global Market Growth Prospects
        1.4.1 Global Tethered Drones Production Value Estimates and Forecasts (2018-2029)
        1.4.2 Global Tethered Drones Production Capacity Estimates and Forecasts (2018-2029)
        1.4.3 Global Tethered Drones Production Estimates and Forecasts (2018-2029)
        1.4.4 Global Tethered Drones Market Average Price Estimates and Forecasts (2018-2029)
    1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
    2.1 Global Tethered Drones Production Market Share by Manufacturers (2018-2023)
    2.2 Global Tethered Drones Production Value Market Share by Manufacturers (2018-2023)
    2.3 Global Key Players of Tethered Drones, Industry Ranking, 2021 VS 2022 VS 2023
    2.4 Global Tethered Drones Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
    2.5 Global Tethered Drones Average Price by Manufacturers (2018-2023)
    2.6 Global Key Manufacturers of Tethered Drones, Manufacturing Base Distribution and Headquarters
    2.7 Global Key Manufacturers of Tethered Drones, Product Offered and Application
    2.8 Global Key Manufacturers of Tethered Drones, Date of Enter into This Industry
    2.9 Tethered Drones Market Competitive Situation and Trends
        2.9.1 Tethered Drones Market Concentration Rate
        2.9.2 Global 5 and 10 Largest Tethered Drones Players Market Share by Revenue
    2.10 Mergers & Acquisitions, Expansion
3 Tethered Drones Production by Region
    3.1 Global Tethered Drones Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
    3.2 Global Tethered Drones Production Value by Region (2018-2029)
        3.2.1 Global Tethered Drones Production Value Market Share by Region (2018-2023)
        3.2.2 Global Forecasted Production Value of Tethered Drones by Region (2024-2029)
    3.3 Global Tethered Drones Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
    3.4 Global Tethered Drones Production by Region (2018-2029)
        3.4.1 Global Tethered Drones Production Market Share by Region (2018-2023)
        3.4.2 Global Forecasted Production of Tethered Drones by Region (2024-2029)
    3.5 Global Tethered Drones Market Price Analysis by Region (2018-2023)
    3.6 Global Tethered Drones Production and Value, Year-over-Year Growth
        3.6.1 North America Tethered Drones Production Value Estimates and Forecasts (2018-2029)
        3.6.2 Europe Tethered Drones Production Value Estimates and Forecasts (2018-2029)
        3.6.3 China Tethered Drones Production Value Estimates and Forecasts (2018-2029)
        3.6.4 Japan Tethered Drones Production Value Estimates and Forecasts (2018-2029)
4 Tethered Drones Consumption by Region
    4.1 Global Tethered Drones Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
    4.2 Global Tethered Drones Consumption by Region (2018-2029)
        4.2.1 Global Tethered Drones Consumption by Region (2018-2023)
        4.2.2 Global Tethered Drones Forecasted Consumption by Region (2024-2029)
    4.3 North America
        4.3.1 North America Tethered Drones Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
        4.3.2 North America Tethered Drones Consumption by Country (2018-2029) 
        4.3.3 U.S.
        4.3.4 Canada
    4.4 Europe
        4.4.1 Europe Tethered Drones Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
        4.4.2 Europe Tethered Drones Consumption by Country (2018-2029)
        4.4.3 Germany
        4.4.4 France
        4.4.5 U.K.
        4.4.6 Italy
        4.4.7 Russia
    4.5 Asia Pacific
        4.5.1 Asia Pacific Tethered Drones Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
        4.5.2 Asia Pacific Tethered Drones Consumption by Region (2018-2029)
        4.5.3 China
        4.5.4 Japan
        4.5.5 South Korea
        4.5.6 China Taiwan
        4.5.7 Southeast Asia
        4.5.8 India
    4.6 Latin America, Middle East & Africa
        4.6.1 Latin America, Middle East & Africa Tethered Drones Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
        4.6.2 Latin America, Middle East & Africa Tethered Drones Consumption by Country (2018-2029)
        4.6.3 Mexico
        4.6.4 Brazil
        4.6.5 Turkey
5 Segment by Type
    5.1 Global Tethered Drones Production by Type (2018-2029)
        5.1.1 Global Tethered Drones Production by Type (2018-2023)
        5.1.2 Global Tethered Drones Production by Type (2024-2029)
        5.1.3 Global Tethered Drones Production Market Share by Type (2018-2029)
    5.2 Global Tethered Drones Production Value by Type (2018-2029)
        5.2.1 Global Tethered Drones Production Value by Type (2018-2023)
        5.2.2 Global Tethered Drones Production Value by Type (2024-2029)
        5.2.3 Global Tethered Drones Production Value Market Share by Type (2018-2029)
    5.3 Global Tethered Drones Price by Type (2018-2029)
6 Segment by Application
    6.1 Global Tethered Drones Production by Application (2018-2029)
        6.1.1 Global Tethered Drones Production by Application (2018-2023)
        6.1.2 Global Tethered Drones Production by Application (2024-2029)
        6.1.3 Global Tethered Drones Production Market Share by Application (2018-2029)
    6.2 Global Tethered Drones Production Value by Application (2018-2029)
        6.2.1 Global Tethered Drones Production Value by Application (2018-2023)
        6.2.2 Global Tethered Drones Production Value by Application (2024-2029)
        6.2.3 Global Tethered Drones Production Value Market Share by Application (2018-2029)
    6.3 Global Tethered Drones Price by Application (2018-2029)
7 Key Companies Profiled
    7.1 Fotokite
        7.1.1 Fotokite Tethered Drones Corporation Information
        7.1.2 Fotokite Tethered Drones Product Portfolio
        7.1.3 Fotokite Tethered Drones Production, Value, Price and Gross Margin (2018-2023)
        7.1.4 Fotokite Main Business and Markets Served
        7.1.5 Fotokite Recent Developments/Updates
    7.2 Drone Aviation
        7.2.1 Drone Aviation Tethered Drones Corporation Information
        7.2.2 Drone Aviation Tethered Drones Product Portfolio
        7.2.3 Drone Aviation Tethered Drones Production, Value, Price and Gross Margin (2018-2023)
        7.2.4 Drone Aviation Main Business and Markets Served
        7.2.5 Drone Aviation Recent Developments/Updates
    7.3 Elistair
        7.3.1 Elistair Tethered Drones Corporation Information
        7.3.2 Elistair Tethered Drones Product Portfolio
        7.3.3 Elistair Tethered Drones Production, Value, Price and Gross Margin (2018-2023)
        7.3.4 Elistair Main Business and Markets Served
        7.3.5 Elistair Recent Developments/Updates
    7.4 Sky Sapience Ltd
        7.4.1 Sky Sapience Ltd Tethered Drones Corporation Information
        7.4.2 Sky Sapience Ltd Tethered Drones Product Portfolio
        7.4.3 Sky Sapience Ltd Tethered Drones Production, Value, Price and Gross Margin (2018-2023)
        7.4.4 Sky Sapience Ltd Main Business and Markets Served
        7.4.5 Sky Sapience Ltd Recent Developments/Updates
    7.5 Hoverfly Technologies
        7.5.1 Hoverfly Technologies Tethered Drones Corporation Information
        7.5.2 Hoverfly Technologies Tethered Drones Product Portfolio
        7.5.3 Hoverfly Technologies Tethered Drones Production, Value, Price and Gross Margin (2018-2023)
        7.5.4 Hoverfly Technologies Main Business and Markets Served
        7.5.5 Hoverfly Technologies Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
    8.1 Tethered Drones Industry Chain Analysis
    8.2 Tethered Drones Key Raw Materials
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
    8.3 Tethered Drones Production Mode & Process
    8.4 Tethered Drones Sales and Marketing
        8.4.1 Tethered Drones Sales Channels
        8.4.2 Tethered Drones Distributors
    8.5 Tethered Drones Customers
9 Tethered Drones Market Dynamics
    9.1 Tethered Drones Industry Trends
    9.2 Tethered Drones Market Drivers
    9.3 Tethered Drones Market Challenges
    9.4 Tethered Drones Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
    11.1 Methodology/Research Approach
        11.1.1 Research Programs/Design
        11.1.2 Market Size Estimation
        11.1.3 Market Breakdown and Data Triangulation
    11.2 Data Source
        11.2.1 Secondary Sources
        11.2.2 Primary Sources
    11.3 Author List
    11.4 Disclaimer

List of Tables
    Table 1. Global Tethered Drones Market Value by Type, (US$ Million) & (2022 VS 2029)
    Table 2. Global Tethered Drones Market Value by Application, (US$ Million) & (2022 VS 2029)
    Table 3. Global Tethered Drones Production Capacity (K Units) by Manufacturers in 2022
    Table 4. Global Tethered Drones Production by Manufacturers (2018-2023) & (K Units)
    Table 5. Global Tethered Drones Production Market Share by Manufacturers (2018-2023)
    Table 6. Global Tethered Drones Production Value by Manufacturers (2018-2023) & (US$ Million)
    Table 7. Global Tethered Drones Production Value Share by Manufacturers (2018-2023)
    Table 8. Global Tethered Drones Industry Ranking 2021 VS 2022 VS 2023
    Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Tethered Drones as of 2022)
    Table 10. Global Market Tethered Drones Average Price by Manufacturers (USD/Unit) & (2018-2023)
    Table 11. Manufacturers Tethered Drones Production Sites and Area Served
    Table 12. Manufacturers Tethered Drones Product Types
    Table 13. Global Tethered Drones Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Mergers & Acquisitions, Expansion
    Table 15. Global Tethered Drones Production Value by Region: 2018 VS 2022 VS 2029 (US$ Million)
    Table 16. Global Tethered Drones Production Value (US$ Million) by Region (2018-2023)
    Table 17. Global Tethered Drones Production Value Market Share by Region (2018-2023)
    Table 18. Global Tethered Drones Production Value (US$ Million) Forecast by Region (2024-2029)
    Table 19. Global Tethered Drones Production Value Market Share Forecast by Region (2024-2029)
    Table 20. Global Tethered Drones Production Comparison by Region: 2018 VS 2022 VS 2029 (K Units)
    Table 21. Global Tethered Drones Production (K Units) by Region (2018-2023)
    Table 22. Global Tethered Drones Production Market Share by Region (2018-2023)
    Table 23. Global Tethered Drones Production (K Units) Forecast by Region (2024-2029)
    Table 24. Global Tethered Drones Production Market Share Forecast by Region (2024-2029)
    Table 25. Global Tethered Drones Market Average Price (USD/Unit) by Region (2018-2023)
    Table 26. Global Tethered Drones Market Average Price (USD/Unit) by Region (2024-2029)
    Table 27. Global Tethered Drones Consumption Growth Rate by Region: 2018 VS 2022 VS 2029 (K Units)
    Table 28. Global Tethered Drones Consumption by Region (2018-2023) & (K Units)
    Table 29. Global Tethered Drones Consumption Market Share by Region (2018-2023)
    Table 30. Global Tethered Drones Forecasted Consumption by Region (2024-2029) & (K Units)
    Table 31. Global Tethered Drones Forecasted Consumption Market Share by Region (2018-2023)
    Table 32. North America Tethered Drones Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (K Units)
    Table 33. North America Tethered Drones Consumption by Country (2018-2023) & (K Units)
    Table 34. North America Tethered Drones Consumption by Country (2024-2029) & (K Units)
    Table 35. Europe Tethered Drones Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (K Units)
    Table 36. Europe Tethered Drones Consumption by Country (2018-2023) & (K Units)
    Table 37. Europe Tethered Drones Consumption by Country (2024-2029) & (K Units)
    Table 38. Asia Pacific Tethered Drones Consumption Growth Rate by Region: 2018 VS 2022 VS 2029 (K Units)
    Table 39. Asia Pacific Tethered Drones Consumption by Region (2018-2023) & (K Units)
    Table 40. Asia Pacific Tethered Drones Consumption by Region (2024-2029) & (K Units)
    Table 41. Latin America, Middle East & Africa Tethered Drones Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (K Units)
    Table 42. Latin America, Middle East & Africa Tethered Drones Consumption by Country (2018-2023) & (K Units)
    Table 43. Latin America, Middle East & Africa Tethered Drones Consumption by Country (2024-2029) & (K Units)
    Table 44. Global Tethered Drones Production (K Units) by Type (2018-2023)
    Table 45. Global Tethered Drones Production (K Units) by Type (2024-2029)
    Table 46. Global Tethered Drones Production Market Share by Type (2018-2023)
    Table 47. Global Tethered Drones Production Market Share by Type (2024-2029)
    Table 48. Global Tethered Drones Production Value (US$ Million) by Type (2018-2023)
    Table 49. Global Tethered Drones Production Value (US$ Million) by Type (2024-2029)
    Table 50. Global Tethered Drones Production Value Share by Type (2018-2023)
    Table 51. Global Tethered Drones Production Value Share by Type (2024-2029)
    Table 52. Global Tethered Drones Price (USD/Unit) by Type (2018-2023)
    Table 53. Global Tethered Drones Price (USD/Unit) by Type (2024-2029)
    Table 54. Global Tethered Drones Production (K Units) by Application (2018-2023)
    Table 55. Global Tethered Drones Production (K Units) by Application (2024-2029)
    Table 56. Global Tethered Drones Production Market Share by Application (2018-2023)
    Table 57. Global Tethered Drones Production Market Share by Application (2024-2029)
    Table 58. Global Tethered Drones Production Value (US$ Million) by Application (2018-2023)
    Table 59. Global Tethered Drones Production Value (US$ Million) by Application (2024-2029)
    Table 60. Global Tethered Drones Production Value Share by Application (2018-2023)
    Table 61. Global Tethered Drones Production Value Share by Application (2024-2029)
    Table 62. Global Tethered Drones Price (USD/Unit) by Application (2018-2023)
    Table 63. Global Tethered Drones Price (USD/Unit) by Application (2024-2029)
    Table 64. Fotokite Tethered Drones Corporation Information
    Table 65. Fotokite Specification and Application
    Table 66. Fotokite Tethered Drones Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 67. Fotokite Main Business and Markets Served
    Table 68. Fotokite Recent Developments/Updates
    Table 69. Drone Aviation Tethered Drones Corporation Information
    Table 70. Drone Aviation Specification and Application
    Table 71. Drone Aviation Tethered Drones Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 72. Drone Aviation Main Business and Markets Served
    Table 73. Drone Aviation Recent Developments/Updates
    Table 74. Elistair Tethered Drones Corporation Information
    Table 75. Elistair Specification and Application
    Table 76. Elistair Tethered Drones Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 77. Elistair Main Business and Markets Served
    Table 78. Elistair Recent Developments/Updates
    Table 79. Sky Sapience Ltd Tethered Drones Corporation Information
    Table 80. Sky Sapience Ltd Specification and Application
    Table 81. Sky Sapience Ltd Tethered Drones Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 82. Sky Sapience Ltd Main Business and Markets Served
    Table 83. Sky Sapience Ltd Recent Developments/Updates
    Table 84. Hoverfly Technologies Tethered Drones Corporation Information
    Table 85. Hoverfly Technologies Specification and Application
    Table 86. Hoverfly Technologies Tethered Drones Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 87. Hoverfly Technologies Main Business and Markets Served
    Table 88. Hoverfly Technologies Recent Developments/Updates
    Table 89. Key Raw Materials Lists
    Table 90. Raw Materials Key Suppliers Lists
    Table 91. Tethered Drones Distributors List
    Table 92. Tethered Drones Customers List
    Table 93. Tethered Drones Market Trends
    Table 94. Tethered Drones Market Drivers
    Table 95. Tethered Drones Market Challenges
    Table 96. Tethered Drones Market Restraints
    Table 97. Research Programs/Design for This Report
    Table 98. Key Data Information from Secondary Sources
    Table 99. Key Data Information from Primary Sources
List of Figures
    Figure 1. Product Picture of Tethered Drones
    Figure 2. Global Tethered Drones Market Value by Type, (US$ Million) & (2022 VS 2029)
    Figure 3. Global Tethered Drones Market Share by Type: 2022 VS 2029
    Figure 4. Ground Fixed Type Product Picture
    Figure 5. Vehicle Mounted Mobile Type Product Picture
    Figure 6. Shipborne Mobile Type Product Picture
    Figure 7. Global Tethered Drones Market Value by Application, (US$ Million) & (2022 VS 2029)
    Figure 8. Global Tethered Drones Market Share by Application: 2022 VS 2029
    Figure 9. Defense
    Figure 10. Telecommunications
    Figure 11. Others
    Figure 12. Global Tethered Drones Production Value (US$ Million), 2018 VS 2022 VS 2029
    Figure 13. Global Tethered Drones Production Value (US$ Million) & (2018-2029)
    Figure 14. Global Tethered Drones Production (K Units) & (2018-2029)
    Figure 15. Global Tethered Drones Average Price (USD/Unit) & (2018-2029)
    Figure 16. Tethered Drones Report Years Considered
    Figure 17. Tethered Drones Production Share by Manufacturers in 2022
    Figure 18. Tethered Drones Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022
    Figure 19. The Global 5 and 10 Largest Players: Market Share by Tethered Drones Revenue in 2022
    Figure 20. Global Tethered Drones Production Value by Region: 2018 VS 2022 VS 2029 (US$ Million)
    Figure 21. Global Tethered Drones Production Value Market Share by Region: 2018 VS 2022 VS 2029
    Figure 22. Global Tethered Drones Production Comparison by Region: 2018 VS 2022 VS 2029 (K Units)
    Figure 23. Global Tethered Drones Production Market Share by Region: 2018 VS 2022 VS 2029
    Figure 24. North America Tethered Drones Production Value (US$ Million) Growth Rate (2018-2029)
    Figure 25. Europe Tethered Drones Production Value (US$ Million) Growth Rate (2018-2029)
    Figure 26. China Tethered Drones Production Value (US$ Million) Growth Rate (2018-2029)
    Figure 27. Japan Tethered Drones Production Value (US$ Million) Growth Rate (2018-2029)
    Figure 28. Global Tethered Drones Consumption by Region: 2018 VS 2022 VS 2029 (K Units)
    Figure 29. Global Tethered Drones Consumption Market Share by Region: 2018 VS 2022 VS 2029
    Figure 30. North America Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 31. North America Tethered Drones Consumption Market Share by Country (2018-2029)
    Figure 32. Canada Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 33. U.S. Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 34. Europe Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 35. Europe Tethered Drones Consumption Market Share by Country (2018-2029)
    Figure 36. Germany Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 37. France Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 38. U.K. Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 39. Italy Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 40. Russia Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 41. Asia Pacific Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 42. Asia Pacific Tethered Drones Consumption Market Share by Regions (2018-2029)
    Figure 43. China Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 44. Japan Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 45. South Korea Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 46. China Taiwan Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 47. Southeast Asia Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 48. India Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 49. Latin America, Middle East & Africa Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 50. Latin America, Middle East & Africa Tethered Drones Consumption Market Share by Country (2018-2029)
    Figure 51. Mexico Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 52. Brazil Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 53. Turkey Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 54. GCC Countries Tethered Drones Consumption and Growth Rate (2018-2023) & (K Units)
    Figure 55. Global Production Market Share of Tethered Drones by Type (2018-2029)
    Figure 56. Global Production Value Market Share of Tethered Drones by Type (2018-2029)
    Figure 57. Global Tethered Drones Price (USD/Unit) by Type (2018-2029)
    Figure 58. Global Production Market Share of Tethered Drones by Application (2018-2029)
    Figure 59. Global Production Value Market Share of Tethered Drones by Application (2018-2029)
    Figure 60. Global Tethered Drones Price (USD/Unit) by Application (2018-2029)
    Figure 61. Tethered Drones Value Chain
    Figure 62. Tethered Drones Production Process
    Figure 63. Channels of Distribution (Direct Vs Distribution)
    Figure 64. Distributors Profiles
    Figure 65. Bottom-up and Top-down Approaches for This Report
    Figure 66. Data Triangulation
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Companies Included in Reports:
Fotokite
Drone Aviation
Elistair
Sky Sapience Ltd
Hoverfly Technologies
Frequently Asked Questions
Tethered Drones report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Tethered Drones report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Tethered Drones report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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