Press release
Aerial Imaging Market: Agriculture and Forestry to Grow at 15.8% CAGR During 2021 - 2030
Aerial Imaging Market
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Aerial Imaging Market Report Coverage & Details:
Covid-19 scenario:
The Covid-19 pandemic adversely affected the market due to revenue crunch and rise in maintenance costs. Moreover, reduced GDP of major economies resulted in decline in investment in cutting-edge technologies such as aerial imaging.
The demand for aerospace spending reduced during the pandemic, which had a negative impact on unmanned aircraft development and deployment plans.
The report segments the global aerial imaging market on the basis of application, end user, platform, and region.
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Based on application, the geospatial mapping segment held the largest share in 2020, accounting for around one-fourth of the market. However, the urban planning segment is estimated to register the highest CAGR of 17.2% during the forecast period.
On the basis of end user, the government segment dominated the market in 2020, contributing to around one-fifth of the market. However, the agriculture and forestry segment is projected to manifest the highest CAGR of 15.8% during the forecast period.
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The global aerial imaging market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2020, accounting for nearly two-fifths of the market. However, the market across Asia-Pacific is expected to register the highest CAGR of 16.0% during the forecast period.
The global aerial imaging market includes an in-depth analysis of the prime market players such as Aerial Imaging Productions, LLC, Cooper Aerial Surveys Co., Blom Norway AS, EagleView Technologies, Inc., Digital Aerial Solutions (DAS), LLC, Global UAV Technologies Ltd., Fugro N.V., Kucera International, and Landiscor.
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Key Findings of Aerial Imaging Market
o In 2015, government segment dominated…
