Aerial Imaging Market Set to Hit $8.52 Billion by 2030 with 14.2% CAGR

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

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.

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.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/aerial-imaging-market/purchase-options

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.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

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.

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.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/294

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:

Commercial Satellite Imaging Market - https://www.alliedmarketresearch.com/commercial-satellite-imaging-market

Military aircraft communication avionics Market - https://www.alliedmarketresearch.com/military-aircraft-communication-avionics-market-A09335

Aircraft Brake System Market - https://www.alliedmarketresearch.com/aircraft-braking-system-market-A06199

Aerospace Adhesives Market - https://www.alliedmarketresearch.com/aerospace-adhesives-market

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