Aerial Imaging Market size is expected to grow at a CAGR of 14.5% through 2021 to 2027, reaching nearly US$ 5.81 Bn.
According to the Stellar Market research report "Aerial Imaging Market with COVID-19 Impact Analysis by Application, End User and Region- Global Forecast to 2027", the Aerial Imaging market size is expected to grow from USD 2.25 billion in 2020 to USD 5.81 billion in 2027; it is expected to grow at a CAGR of 14.5 % from 2021 to 2027.
View detailed Table of Content here - https://www.stellarmr.com/report/toc/Aerial-Imaging-Market/463
Aerial Imaging Market Overlook:
Aerial photography or airborne imaging is the capture of images from an aircraft or other airborne platforms. Aerial videography is another term for photographing motion from the air. Aerial imaging is the process of photographing ground surfaces from vehicles such as helicopters, parachutes, planes, kites, unmanned aerial vehicles (UAVs), balloons, vehicle-mounted poles, and airships equipped with cameras.
Aerial imagery also serves as a secure platform for site inspection, providing real-time data from potentially dangerous areas and assisting contractors in resolving issues before they become more serious. By using aerial imaging in construction projects, contractors and site managers can obtain actionable information and visual collateral that leads to better business decisions throughout the construction process. As a result, this factor is propelling the market forward.
Most countries prohibit the commercial use of drones or the capture of aerial imagery due to privacy and terrorist concerns. As a result, the market's growth is expected to slow. Consumer drones are subject to laws governing navigable airspace, which will stifle industry growth, particularly in the United States. The FAA's restrictions must be drastically reduced and modified to reflect the numerous benefits and very low risks associated with drone technology, and as a result, it is regarded as the market's most challenging factor.
Aerial Imaging Market Regional Insights:
In 2020, the North America dominated the market with a 40% share. The North American aerial imaging market is likely to dominate internationally due to the presence of big suppliers in the region. Also, the increasing use of aerial imaging technology in a number of end-user industries is increasing market share in the North American area. Moreover, the utilisation of novel platforms such as drones and unmanned aerial vehicles (UAVs) to capture critical data from a high-resolution aerial image is expected to increase market acceptance in the region.
Aerial Imaging Market Competitive Landscape:
The qualitative and quantitative data in the Global Aerial Imaging market report is intended to assist in determining which market segments, regions, and factors affecting the market are expected to grow at higher rates, as well as key opportunity areas that will drive the industry and market growth over the forecast period. The competitive landscape of leading industry competitors, as well as their recent developments in the Global Aerial Imaging market, is also included in the research. The analysis looks at things like company size, market share, market growth, revenue, production volume, and profits for the major players in the global aerial imaging market.
Aerial Imaging Market Key Players:
- Blom Norway AS (Norway)
- Fugro N.V (Netherlands)
- SZ D JI Technology Co. Ltd (China)
- Nearmap Limited (Australia)
- Eagle View Technologies Inc. (U.S)
- Digital Aerial Solution, LLC (U.S)
- Aerobotics, (pty) Ltd (South Africa)
- Drone Deplay, Inc (U.S)
- Cooper Aerial Surveys Co. (U.S)
- GeoVantage, Inc (U.S)
- Kucera International, Inc (U.S)
- Verisk (New Jersey)
- Datumate (Israel)
- 3D Robotics (Berkley, CA)
- PrecisionHawk (Raleigh, NC)
Aerial Imaging Market Segmentation:
Market segmentation makes things simpler for marketers to create campaigns by allowing them to focus on certain client groups rather than the whole public. Segmenting data allows marketers to be more efficient in terms of time, money, and other resources. Clients can use market segmentation to better understand their customers. Clients develop a greater understanding of their consumers' needs and desires, allowing them to tailor campaigns to the customer groups most likely to purchase products.
- Geospatial Mapping
- Disaster Management
- Energy and Resource Management
- Surveillance and Monitoring
- Agriculture & Forestry
- North America
- Asia Pacific
- South America
About Stellar Market Research:
Stellar Market Research, an Indian consulting and advisory firm, was founded in 2018 with the goal of assisting customers in achieving their business transformation objectives through strategic business planning and advisory services. The company's mission as a strategic knowledge partner is to become an important part of the client's business. The firm makes recommendations that influence the company's fate. Since its inception in November 2018, the company has been entirely funded by revenue. To date, the company has worked with over 335 businesses across 25 industries, producing data that is 94% accurate.
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