Rise in demand for aerial imaging in varied commercial applications, surge in use of aerial imaging for disaster risk reduction & prevention
WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, August 21, 2024 /EINPresswire.com/ -- Use of aerial imaging technology in setting up 5G infrastructure drive the growth of the global ๐๐๐ซ๐ข๐๐ฅ ๐๐ฆ๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ. 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. 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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/294
Based on end user, the Government segment accounted for the largest share in 2020, contributing to one-fifth of the global aerial imaging market size, 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.
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ข๐๐ฅ ๐ข๐ฆ๐๐ ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐๐.๐%.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
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.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ญ๐ก๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/17fd3c5bf493c79d6aaaa059ccd02254
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.
Based on application, the geospatial mapping segment held the highest market share in 2020, accounting for one-fourth of the global aerial imaging market, and is estimated to maintain its leadership status throughout the forecast period. This is because geographical mapping through satellites has a wide range of applications in various sectors such as environmental condition analysis, archaeology, mining study and formation of maps and charts etc. Moreover, the urban planning segment is projected to manifest the highest CAGR of 17.2% from 2021 to 2030, owing to growing activities related with urban planning such as land inspection, identification of population risk and tracking of construction activities and others.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎโ๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/294
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 share, 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.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
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
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Commercial Satellite Imaging Market - https://www.prnewswire.com/news-releases/commercial-satellite-imaging-market-to-reach-6-99-billion-globally-by-2030-at-10-8-cagr-allied-market-research-301469496.html
Aircraft Health Monitoring System Market - https://www.globenewswire.com/en/news-release/2022/06/22/2466995/0/en/Aircraft-Health-Monitoring-System-Market-to-Garner-7-27-Billion-by-2030-Allied-Market-Research.html
Aircraft Fuel Systems Market - https://www.prnewswire.com/news-releases/aircraft-fuel-systems-market-to-reach-15-7-billion-globally-by-2031-at-6-5-cagr-allied-market-research-301867967.html
IoT in Aviation Market - https://www.globenewswire.com/en/news-release/2023/03/03/2620000/0/en/IoT-in-Aviation-Market-Is-Expected-to-Reach-8-55-Billion-by-2031-Allied-Market-Research.html
Aircraft Engines Market - https://www.globenewswire.com/news-release/2022/08/18/2501020/0/en/Aircraft-Engines-Market-to-Generate-158-46-Billion-by-2031-Allied-Market-Research.html
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.