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:
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:
Breakup by Camera Orientation:
Breakup by Application:
Breakup by End Use Sector:
Breakup by Region:
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Key Highlights of the Report:
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