Aerial Imaging Market Drivers Shaping Future Growth, Revenue USD 8.52 billion by 2030

Aerial Imaging Market

The need for land mapping is growing prominently across the world with Asia-Pacific exhibiting the highest growth rate.

WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, June 10, 2024 /EINPresswire.com/ -- Rise in demand for aerial imaging in varied commercial applications, surge in use of aerial imaging for disaster risk reduction & prevention, and use of aerial imaging technology in setting up 5G infrastructure drive the growth of the global 𝐀𝐞𝐫𝐢𝐚𝐥 𝐈𝐦𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭. However, inaccuracy in image data collection and rise in concerns over cyber-security and data security regarding drones hinder the market growth. On the other hand, surge in demand for aerial imaging for urban planning and rise in incorporation of augmented reality (AR) with drones present new opportunities in the coming years.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/294

The global aerial imaging market size was valued at $2.26 billion in 2020, and is projected to reach $8.52 billion by 2030, registering a CAGR of 14.2%.

The application of aerial imaging is influenced by its increased implementation across various verticals, surge in use of aerial imaging for disaster risk reduction and prevention, and use of aerial imaging technology in setting up 5G infrastructure. However, rising concerns over cyber-security and data security in drones and emergence of satellite imagery solutions restricts their adoption.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

Aerial Imaging Productions, LLC
Blom Norway AS
Cooper Aerial Surveys Co.
Digital Aerial Solutions (DAS), LLC
EagleView Technologies, Inc.
Fugro N.V.
Global UAV Technologies Ltd
Kucera International
Landiscor
Nearmap Ltd.

Based on application, the geospatial mapping segment held the highest market share in 2020, accounting for one-fourth of the global aerial imaging market size, and is estimated to maintain its leadership status throughout the forecast period. This is because geographical mapping through satellites has a wide range of applications in various sectors such as environmental condition analysis, archaeology, mining study and formation of maps and charts etc. Moreover, the urban planning segment is projected to manifest the highest CAGR of 17.2% from 2021 to 2030, owing to growing activities related with urban planning such as land inspection, identification of population risk and tracking of construction activities and others.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/294

Based on end user, the Government segment accounted for the largest share in 2020, contributing to one-fifth of the global aerial imaging market demand, and is projected to maintain its lead position during the forecast period. This is due to application such as land mapping, environmental protection, disaster management, GIS updates, urban development, homeland security, and public safety. However, the civil engineering segment is expected to portray the largest CAGR of 13.4% from 2021 to 2030. This is because it allows companies do real-time monitoring of construction projects.

Based on region, North America held the highest market share in terms of revenue 2020, accounting for nearly two-fifths of the global aerial imaging market, owing to high adoption of aerial imagery among government and military agencies in the region. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 16.0% during the forecast period, increase adoption of aerial imaging in various end use sectors in the region.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/30df382d6934d3f3998fb810bd6b6d42

The reduction in aerospace investment had a negative impact on unmanned aircraft development and deployment plans, particularly unmanned aerial vehicles (UAVs), thereby limiting the availability for UAV-based aerial imaging services globally.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

By Application, the geospatial mapping segment is expected to register significant growth during the forecast period.

By end user, agriculture and forestry segment is projected to lead the global market in terms of market share by the end of the forecast period.

By platform, the UAV and Drone segment is projected to lead the global market, in terms of market share, by the end of the forecast period.

By region, North America dominated the global aerial imaging market in 2020 in terms of market share.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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David Correa
Allied Market Research
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