Aerial Imaging Market size forecast to reach $2.64bn by next seven years

Aerial imaging market is forecast to witness growth over USD 2.5 billion in next few years. Global Market Insights Inc. has pronounced an addition of a study based market report on Aerial imaging industry. The report covers product, regional and competitive market insights together with in depth analysis featuring market trends, revenues and factors such as drivers, restraints, opportunities and challenges that influence the market scenario.

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Aerial photography is a high precision, yet cost effective procedure used across various verticals. The current market is well anticipated to see a strong growth over the predicted time frame. Demand for imagery data and associated geospatial data are important factors to drive the market growth. The advent of new technologies in aerial platforms and camera systems is expected to further the growth.

This imaging has been associated with various applications including tourism, archaeology, natural resource management, disaster risk estimation, construction, cartography, journalism, ISR (Intelligence Surveillance and Reconnaissance), and defense and security. Increasing efforts to craft unmanned aerial mapping systems to lower costs has resulted in the rising consumer adoption across various applications and the trend of spectacular change in the industry is forecast to persist during the next seven years. Increasing privacy and safety concerns and threats owing to access to UAS and its misuse in various crucial government and facilities are projected to slow down the demand.

The government sector is projected to witness a substantial growth over USD 750 million during the forecast period. Surging adoption of this technology in various application areas like energy management, urban planning, homeland security and monitoring environmental studies etc. is expected to propel the market size.

The report covers the market analysis at the regional scale. Key regions included in the report are North America, India, Indonesia, Korea, Japan, Taiwan, China, Australia, New Zealand, Singapore, Philippines, and Malaysia. North America is forecast to continue to be the largest market share with increasing investments in technology advancements for defense sector coupled with development in the telecommunication industry.

Browse key industry insights spread across 80 Pages with 23 market data tables & 22 figures from the report, “Aerial Imaging Market Size By Application (Government, Agriculture & Forestry, Civil Engineering, Military & Defense, Energy, Insurance, Commercial), Industry Outlook Report, Regional Analysis, Application Potential, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:

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Report covers:

• Market drivers, barriers, and their impact on the market growth
• Current and future market trends, market scope and segmentation
• Value Chain Analysis
• Analysis at the regional level
• Strategic insights and market estimations
• Competitive profiling and landscape

Global Market Insights has segmented the aerial imaging industry on the basis of application and region:
• Aerial Imaging Industry Application Analysis (Revenue, USD Million, 2012 - 2022)
o Government
o Commercial
o Civil Engineering
o Military & Defense
o Forestry & Agriculture
o Energy
o Insurance
• Aerial Imaging Industry Regional Analysis (Revenue, USD Million, 2012 - 2022)
o North America
o Europe
o Asia Pacific
o Latin America
o MEA

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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This release was published on openPR.