Asia-Pacific to Witness Fastest Growth in Global Aerial Imagery Market


Posted July 12, 2023 by bestresearchhub

The global aerial imagery market is a rapidly growing market, and is expected to continue to grow in the coming years.

 
The global aerial imagery market size is expected to grow from USD 2.86 billion in 2022 to USD 8.5 billion by 2030, witnessing a market growth rate (CAGR) of 14.8% during the forecast period.

Aerial imagery is the technique of taking pictures of the ground using cameras attached to vehicles like helicopters, parachutes, planes, kites, unmanned aerial vehicles (UAVs), balloons, vehicle-mounted poles, and airships. The images captured can be used for a variety of purposes, including:
Geospatial mapping
Disaster management
Energy and resource management
Surveillance and monitoring
Urban planning
Agriculture and forestry
Media and entertainment

The growth of the global aerial imagery market is being driven by a number of factors, including:
The increasing demand for high-resolution images
The development of new and improved aerial imaging technologies
The growing popularity of UAVs
The increasing need for real-time data

The global aerial imagery market is segmented by imaging type, platform, application, end user, and region.
By imaging type, the market is divided into vertical and oblique. The vertical imaging segment is expected to dominate the market during the forecast period, as it is used for a variety of applications, such as geospatial mapping and urban planning.

By platform, the market is divided into fixed wing, rotary wing, UAV/drones, parachutes, airships, balloons, vehicle mounted poles, rockets, and others. The UAV/drones segment is expected to grow at the fastest CAGR during the forecast period, due to the increasing popularity of UAVs for aerial imaging applications.

By application, the market is divided into surveillance and monitoring, geospatial mapping, conservation and research, urban planning, disaster management, energy and resource management, and others. The surveillance and monitoring segment is expected to dominate the market during the forecast period, due to the increasing demand for security and safety applications.

By end user, the market is divided into government, oil & gas, military & defense, education & academic research, energy & power, civil engineering & archaeology, media and entertainment, agriculture and forestry, and others. The government segment is expected to dominate the market during the forecast period, due to the increasing use of aerial imagery for a variety of government applications, such as disaster management and urban planning.

By region, the market is divided into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America is expected to dominate the market during the forecast period, due to the early adoption of aerial imagery technologies in the region.

The global aerial imagery market is a rapidly growing market, and is expected to continue to grow in the coming years. The growth of the market is being driven by a number of factors, including the increasing demand for high-resolution images, the development of new and improved aerial imaging technologies, and the growing popularity of UAVs.


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Last Updated July 12, 2023