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What’s driving the Aerial Imaging Market Trends? | Key players are Eagle View Technologies, Digital Aerial Solutions, Cooper Aerial Surveys, Kucera International, Google, Fugro EarthData, Nearmap, DJI, 3D Robotics, Airobotics, DroneDeploy

07-08-2019 08:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Aerial Imaging Market

Aerial Imaging Market

Aerial Imaging market is projected to surpass USD 4 billion by 2024. Aerial imaging is the process of taking images/photographs from a point in the air using different imaging platforms such as Unmanned Aerial Vehicles (UAVs), fixed-wing aircraft, helicopters, along with traditional platforms such as kites, parachutes, blimps & balloons, and hand-held or vehicle-mounted poles. Aerial imaging is a useful tool for studying the changes on the earth?s surface over a period of time. The images are particularly useful in analyzing land use and land cover and for comparing the newly recorded data with older data sets.

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3. Aerial Imaging Industry Insights
3.1. Introduction
3.2. Evolution of aerial imaging technology
3.3. Industry segmentation
3.4. Aerial imaging market news
3.5. Aerial imaging use cases
3.5.1. Construction
3.5.2. Agriculture
3.5.3. Oil & gas
3.5.4. Disaster management
3.6. Aerial imaging industry landscape, 2013 - 2024
3.7. Aerial imaging industry ecosystem analysis
3.8. Regulatory landscape

Key Companies in Global Aerial Imaging market: -
• 3D Robotics Inc.
• AeroVironment, Inc.
• Airobotics
• Cooper Aerial Surveys Co.
• CYBERHAWK INNOVATIONS LIMITED
• Digital Aerial Solutions, LLC
• DJI

The aerial imaging market is projected to exhibit a robust growth with a CAGR of around 13% between 2018 and 2024. The growth can be attributed to the factors such as increasing adoption of UAVs for aerial imaging applications, rising incidents of natural disasters, technological advancements in aerial camera systems, and increasing uptake of aerial imaging platforms in the military and defense sectors for surveillance and monitoring purposes. Also, the adoption of aerial imaging platforms in the government sector for applications such as environmental studies, homeland security, research initiatives, and urban planning is witnessing a steady uptake.

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The competition in the aerial imaging market is driven by technological innovations in drone technology as well as sensor technologies for facilitating the acquisition of high-level aerial images. Due to the aggressive expansion and product development initiatives undertaken by the UAV/drone manufacturers, the competition in the aerial imaging market is expected to intensify over the forecast timeline. Also, with the growing utility of aerial imaging in emerging applications, such as urban planning and disaster management, the demand for imaging services and platforms will increase considerably between 2018 and 2024.

North America is projected to account for the majority market share of around 42% by 2024. This key market positioning is attributed to the early uptake of advanced aerial imaging solutions by the government and agriculture sectors and high investments in the drone technology for the military and defense applications in the U.S. With the increasing inclination of the farmers based in the U.S. toward modern precision agriculture practices, the demand for aerial photography is likely to increase consistently over the forecast timeline.

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Asia Pacific aerial imaging market is projected to register an accelerated growth at a CAGR of over 16% during the forecast period. With the emergence of low-cost alternatives for aerial imaging in the form of UAVs/drones, their adoption in the emerging economies in the region is expected to increase considerably over the coming five years. Also, with the presence of some of the leading global drone manufacturers in China, the market growth is likely to be supported by the strong sales and distribution network of these manufacturers in the Asia Pacific region.

Contact us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

About Global Market Insights:

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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