Aerial Imaging Market
Aerial Imaging Market
The need for land mapping is growing prominently across the world with Asia-Pacific exhibiting the highest growth rate
PORTLAND, OR, US, February 20, 2024 /EINPresswire.com/ -- Aerial Imaging Market by Application (Geospatial Mapping, Disaster Management, Energy and Resource Management, Surveillance and Monitoring, Urban Planning and Others), End User (Government, Military and Defense, Energy, Agriculture and Forestry, Civil Engineering, Media and Entertainment, and Commercial), and Platform (Fixed Wing Aircraft, Helicopter, UAV and Drone and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030". According to the report, the global aerial imaging industry generated $2.26 billion in 2020, and is anticipated to generate $8.52 billion by 2030, witnessing a CAGR of 14.2% from 2021 to 2030.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/294
The need for land mapping is growing prominently across the world with Asia-Pacific exhibiting the highest growth rate. The traditional solutions such as, control point method, triangulation, trilateration, compass, transits, metal tapes, and others are proving inefficient for the estimation and planning of land & natural resources. In such scenarios, aerial imaging services have emerged as an effective tool for disaster management, forest & natural resource management, and entertainment projects. The use of technologically advanced mapping software, camera solutions, unmanned vehicles, and sensors reduces the risks associated with cost estimation, wastage of materials, project completion, and conflict resolution during every stage of project management.
Prime determinants of growth
Rise in demand for aerial imaging in varied commercial applications, surge in use of aerial imaging for disaster risk reduction & prevention, and use of aerial imaging technology in setting up 5G infrastructure drive the growth of the global aerial imaging market. However, inaccuracy in image data collection and rise in concerns over cyber-security and data security regarding drones hinder the market growth. On the other hand, surge in demand for aerial imaging for urban planning and rise in incorporation of augmented reality (AR) with drones present new opportunities in the coming years.
𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
𝐀𝐞𝐫𝐢𝐚𝐥 𝐈𝐦𝐚𝐠𝐢𝐧𝐠 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧𝐬, 𝐋𝐋𝐂
𝐁𝐥𝐨𝐦 𝐍𝐨𝐫𝐰𝐚𝐲 𝐀𝐒
𝐂𝐨𝐨𝐩𝐞𝐫 𝐀𝐞𝐫𝐢𝐚𝐥 𝐒𝐮𝐫𝐯𝐞𝐲𝐬 𝐂𝐨.
𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐀𝐞𝐫𝐢𝐚𝐥 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 (𝐃𝐀𝐒), 𝐋𝐋𝐂
𝐄𝐚𝐠𝐥𝐞𝐕𝐢𝐞𝐰 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬, 𝐈𝐧𝐜.
𝐅𝐮𝐠𝐫𝐨 𝐍.𝐕.
𝐆𝐥𝐨𝐛𝐚𝐥 𝐔𝐀𝐕 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐋𝐭𝐝
𝐊𝐮𝐜𝐞𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥
𝐋𝐚𝐧𝐝𝐢𝐬𝐜𝐨𝐫
𝐍𝐞𝐚𝐫𝐦𝐚𝐩 𝐋𝐭𝐝.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/aerial-imaging-market/purchase-options
Based on end user, the Government segment accounted for the largest share in 2020, contributing to one-fifth of the global aerial imaging market, and is projected to maintain its lead position during the forecast period. This is due to application such as land mapping, environmental protection, disaster management, GIS updates, urban development, homeland security, and public safety. However, the civil engineering segment is expected to portray the largest CAGR of 13.4% from 2021 to 2030. This is because it allows companies do real-time monitoring of construction projects.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
North America to maintain its dominance by 2030
Based on region, North America held the highest market share in terms of revenue 2020, accounting for nearly two-fifths of the global aerial imaging market, owing to high adoption of aerial imagery among government and military agencies in the region. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 16.0% during the forecast period, increase adoption of aerial imaging in various end use sectors in the region.
𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/294
The application of aerial imaging is influenced by its increased implementation across various verticals, surge in use of aerial imaging for disaster risk reduction and prevention, and use of aerial imaging technology in setting up 5G infrastructure. However, rising concerns over cyber-security and data security in drones and emergence of satellite imagery solutions restricts their adoption.
𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
By Application, the geospatial mapping segment is expected to register significant growth during the forecast period.
By end user, agriculture and forestry segment is projected to lead the global market in terms of market share by the end of the forecast period.
By platform, the UAV and Drone segment is projected to lead the global market, in terms of market share, by the end of the forecast period.
By region, North America dominated the global aerial imaging market in 2020 in terms of market share.
𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
Small Drones Market - https://www.prnewswire.com/news-releases/small-drones-market-to-reach-24-29-billion-globally-by-2030-at-13-1-cagr-allied-market-research-301594084.html
Aircraft Brake System Market - https://www.globenewswire.com/en/news-release/2021/11/22/2338675/0/en/Aircraft-Brake-System-Market-to-Garner-16-95-Billion-in-2030-Allied-Market-Research.html
Aircraft Electrification Market - https://www.globenewswire.com/en/news-release/2023/05/05/2662272/0/en/Aircraft-Electrification-Market-Predicted-to-Reach-21-8-Billion-Globally-by-2032-at-13-5-CAGR-Allied-Market-Research.html
Electric Aircraft Market - https://www.prnewswire.com/news-releases/electric-aircraft-market-size-to-reach-23-5-billion-globally-by-2031-at-10-9-cagr-allied-market-research-301794157.html
David Correa
Allied Market Research
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