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Aerial Imagery Market Growth driving due to Advancement in the Camera Technology Offer Ultra-Refined Images With High Pixels
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Recent advancement in camera technology offer ultra-refined images with high pixels, which is another factor fueling the growth of the aerial imagery market. It has an advantage over satellite imagery that the new developed camera technologies can be implemented very quickly in aircraft or UAVs. High definition cameras are getting widely used for small scale or large-scale images as they provide high resolution with great precision. The market for aerial imagery is observing a makeshift in the use of cameras- from analog to digital, which utilizes charge coupled devices (CCD) along with unique designs of lenses. This results in enhanced shutter technology to record image data sets with improved accuracy.
In Europe, aerial imagery market is booming at an exorbitant pace. The European market for aerial imagery is expected to cross $900.0 million, growing at a CAGR of 11.9% between 2017-2023. Low oblique is the largest revenue contributor in the region, followed by vertical and high oblique aerial imagery. Low oblique aerial imagery is used in reconnaissance surveys, where field survey is used to gather information related to the presence or absence of historic properties in the selected project area. The market for high oblique imagery is projected to witness the fastest growth during the forecast period, as it is gaining significance in urban areas where land mapping and adequate management for efficient infrastructure construction are required.
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The leading players such as EagleView Technologies Inc., Fugro N.V., Digital Aerial Solutions LLC, Google Inc., and Getmapping PLC, are focusing on technological improvements and integrated and joint innovation practices to build an entire new ecosystem for aerial imagery. This would further strengthen their position and market presence.
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