Expanding Implementation Aspects Are Estimated To Create Revenue Opportunities For The Aerial Imaging Market

Aerial Imaging Market Research Future Insights

Aerial Imaging Market Size is expected to reach USD 8.52 Billion by 2030, registering a CAGR of 14.2% during 2020-2030.

The aerial imaging market caters to a wide range of industries, including government, energy, military and defence, agriculture, commercial and civil engineering, and others. During the forecast period, the government is forecast to be the primary end-use sector. The government segment contributes this innovation for a variety of uses, including urban planning, homeland protection, power management, and pollution control, among others. Furthermore, cultivation and forestry, as well as industrial uses, are predicted to expand rapidly over the forecast timeframe.

Key Players

AeroMetric Inc., Google Inc., Eagle Aerial Solutions, Kucera International Inc., Landiscor Aerial Information, and Eagle View Technologies are among the key market players. Aerial photography, orthophotography, plotting, stereo compilation, and volumetric surveys are among the services provided by Kucera International Inc. Eagle View Technologies provides solutions for the construction, real estate, solar, GIS, energy & utilities, safety, and federal markets.

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The expanding implementation aspects are estimated to create revenue opportunities for the aerial imaging market. The technique enables a cost-effective option for a variety of tasks such as road design, planning, volume estimation, map remodels, and so on. Aerial imaging is used for a variety of applications, such as building projects and development, geospatial technology, disaster management, and research and conservation, among others.

Over the forecast period, increased advancements in technology in camera mechanisms and aerial platforms are expected to propel the market’s development. Furthermore, rising knowledge of the advantages of this innovation is predicted to boost consumer needs. Rising location-based facilities are anticipated to drive the development of the aerial imaging market over the coming years.

Market Segmentation

 Global Aerial Imagery Market is segmented by Industry into Government, Energy & Mining, Defense, Agriculture & Forestry, Civil Engineering & Archaeology, Media & Entertainment. The Government sector held the largest share in the global Aerial Imagery market in 2018 owing to the increasing concerns about homeland security, urban planning, smart city growth, exploration of the energy market, and monitoring and management of environmental changes that are expected during the forecast period to support the demand for aerial imagery from the government sector. The growth in the aerial imagery market from the defence sector is expected to be strong with the growing crime rate and increase in the advanced defence sector.

Regional Analysis

 Because of the advancement of UAVs and PAMS, North America is projected to be the most important provincial business in the next six years. Furthermore, the European aerial imaging market is anticipated to expand at a rapid pace over the coming years. The Asia-Pacific region is expected to drastically develop as a result of high defence and military investments in nations like India and China.

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