Aerial Imaging Market to Reach US$ 4.6 Billion by 2027, Propelled by Increasing Applications in the Construction Industry
The latest report published by IMARC Group, titled “Aerial Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global aerial imaging market size reached US$ 2.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2027, exhibiting a growth rate (CAGR) of 15% during 2022-2027.
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Aerial imaging represents the process of capturing photographs of the ground from a flying object, such as fixed-wing aircraft, balloons, parachutes, helicopters, rockets, and unmanned aerial vehicles (UAVs). They are generally used for getting insights regarding infrastructure planning, disaster management, geospatial mapping, ground surveillance, and environmental monitoring. Aerial imaging systems are equipped with 360-degree vision cameras, Light Detection and Ranging (LiDAR) systems, and geographic systems. They provide spatial information about vegetation areas, soil maps, land cover, and geological areas, which is used for analysis and strategic planning for route designing and urban settlements.
Market Trends and Drivers:
The extensive utilization of drones and other UAVs to get information for residential, commercial, and industrial sectors to obtain and observe images for research and land-mapping remotely is among the primary factors driving the market. Besides this, the elevating requirement for this solution in the construction industry for collecting topographical information and conducting site inspections is further augmenting the aerial imaging market growth. Moreover, the growing popularity of aerial imaging and location-based services in public and government organizations for archeological processes and developing 360-degree panoramic interfaces is also catalyzing the global market. Apart from this, the improvements in wireless technologies and integration with the internet of things (IoT)-based systems that aid in obtaining high-quality images of the ground and spaces that are usually inaccessible are acting as significant growth-inducing factors. Furthermore, the escalating demand for this technique in defense applications and the rising instances of natural calamities, including earthquakes, fires, floods, cyclones, and tornadoes, are anticipated to propel the aerial imaging market over the forecasted period.
Aerial Imaging Market 2027-2022 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the aerial imaging market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Blom Norway (Terratec AS)
- Cooper Aerial Surveys Co.
- Digital Aerial Solutions LLC
- Eagle Aerial Solutions
- Eagle View Technologies Inc.
- Fugro N.V.
- GeoVantage Inc. (John Deere)
- Global UAV Technologies Ltd.
- Kucera International Inc.
- Landiscor Real Estate Mapping
Key Market Segmentation:
The report has segmented the global aerial imaging market based on aircraft type, camera orientation, application, end use sector and region.
Breakup by Aircraft Type:
- Fixed-Wing Aircraft
- Helicopters
- UAVs/Drones
- Others
Breakup by Camera Orientation:
- Vertical
- Oblique
- High Oblique
- Low Oblique
Breakup by Application:
- Geospatial Mapping
- Infrastructure Planning
- Asset Inventory Management
- Environmental Monitoring
- National and Urban Mapping
- Surveillance and Monitoring
- Disaster Management
- Others
Breakup by End Use Sector:
- Government
- Energy
- Defense
- Agriculture and Forestry
- Construction and Archaeology
- Media and Entertainment
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2335&flag=C
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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