Aerial Imaging Market: What are the Future Growth Opportunities? Top Players: 3D Robotics, AeroVironment, Airobotics, DJI, DroneDeploy, EagleView, Fugro, GeoVantage, Google, Nearmap and PrecisionHawk

The aerial imaging market is slated to scale new heights and the market derives much of its growth from factors such as surging adoption of aerial imaging systems in diverse industry verticals. Aerial imaging solutions are deployed to capture images from a point in the air which can be utilized for various applications. They are especially beneficial in comparing older data sets with new ones and their usage is predominant in geospatial studies. Aerial imaging solutions are being extensively used in archaeology & civil engineering, military & defense, energy & resource management, urban planning, disaster management, and others.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/160

Aerial imaging technology has progressed considerably in recent years and the emergence of drone technology has been a major benchmark in the aerial imaging space. In addition, advances in sensor technologies and photogrammetry have propelled their use in diverse end use cases, which is signaling growth within the aerial imaging market. In addition, aerial imaging services are increasingly becoming affordable, which is being purveyed by various strategies undertaken by market players. Such strategies include partnership with other companies to acquire and enhance technological capabilities. Such developments in the market can be evidenced by the recent partnership of DJI, a leading player in the commercial drone space and the technology giant, Microsoft. The partnership aims to add advanced AI and machine learning capabilities to DJI drones.

As per the estimates of Centre for Research on the Epidemiology of Disasters (CRED), the rate of occurrence of natural disasters has risen significantly over the past four decades. Within such a context, aerial imaging solutions have assumed greater importance in disaster management. Aerial imaging is the best method for facilitating timely evaluation of affected areas and can speed up the relief operations. Rising incidence rate of natural disasters is slated to be a major factor propelling can aerial imaging market outlook.

Vertical imaging being the most commonly used aerial imaging type led the global landscape in 2017. Vertical imaging is highly prevalent in geospatial mapping applications as they can assist in preparing precise digital models of terrains. Government institutions deploy vertical imaging solutions almost invariably for depicting location and streets of open spaces.

Meanwhile, the oblique imaging segment is anticipated to experience demand from various end use sectors on account of growing visibility of oblique imaging as an aerial imaging modality. Oblique imaging market size is likely to capture a CAGR of 15% over 2018-2024. Oblique imaging can efficiently determine feature elevations and cover a larger ground area from the same altitude and focal length, as compared to vertical imaging.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/160

With an anticipated share of 42% by 2024, North America is at the forefront of the aerial imaging market. The region outlays significant amounts on its defense sector, along with various other verticals. UAVs are gaining prominence in the agriculture sector in the US, which is likely to fuel the aerial imaging market trends. Moreover, aerial imaging market is receiving investments from technology giants such as Google, which along with the support of federal agencies such as the Federal Aviation Administration (FAA) is likely to catapult the market on an upward trajectory.

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

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.

This release was published on openPR.