The global aerial imaging market is expected to witness exponentially high growth in the period between 2021 to 2027.
The
growth is expected to be at a CAGR of 15% during the forecast period.
The
growing adoption of UAVs and drones are expected to drive the global aerial
imaging market towards expansion in the following years.
The
outbreak of the covid pandemic had a negative impact on the production of
aerial imaging as the supply chain was affected due to the global lockdown.
Factors Driving and Restraining The Market
Some of the determinants
that are likely to drive the global aerial imaging market include-
- The increasing advancements in
technologies are anticipated to expand the global aerial imaging market in
the following years.
- Rising demand from the agriculture sector
for crop management is projected to drive the global aerial imaging market
in the forecast years.
- The rising demand from forestry
departments for natural resources assessments, vegetation assessment,
inventory assessment, etc. are expected to boost the demand for the aerial
imaging market in the following years.
- The high use of aerial imaging in the military
intelligence sector is anticipated to drive the global aerial imaging
market over the next few years.
- The rising demand for the construction and
building due to its use in mapping the site for taking better decisions is
expected to bolster the market for aerial imaging during the forecast
periods.
Some of the restraints
that may hamper the global aerial imaging market –
- Heavy fog, heavy rainfall, and heavy
vegetation are some of the factors that are likely to hinder the growth of
the global aerial imaging market in the following years.
However,
the benefits associated with aerial imaging such as high resolution and data
storage capacity are expected to strengthen the global aerial imaging market in
the next few years.
Analyst’s View
The
demand for aerial imaging is anticipated to upsurge remarkably in the following
years.
The
growing technological advancements are paving the way for the expansion of the
global aerial imaging market in the next few years.
The
high demand for UAVs and the growing adoption of drones in various end-user
industries are expected to drive the growth opportunities in the aerial imaging
press release.
The
increasing demand for geospatial mapping is expected to thrive in the global
aerial imaging market in the next few years.
Although
aerial imaging is used in all industries, most of the demand is expected from
the aerospace and military sectors due to their high usage for intelligence
purposes.
Regional Overview
On
the basis of region, the global aerial imaging market is expected to be
dominated by North America, owing to advanced technologies and the existence of
leading market players in the aerial imaging market.
Europe
is the second-largest market shareholder in the global aerial imaging press
release, owing to increasing development in the aerial imaging sector.
Alternatively,
the Asia Pacific market is expected to witness significant growth in the global
aerial imaging market. The growth in the region can be attributable to the
growing demand for aerial imaging in groundwater mapping.
Competitive Landscape
Global
aerial imaging is highly fragmented and competitive with the existence of
leading players. The prominent players are focusing on improving products using
technology such as modern analytics.
Some of the prominent
players in the aerial imaging market are-
- 3D Robotics
- AeroVironment, Inc.
- Cooper Aerial Surveys Co
- Getmapping PLC
- EagleView Technologies, Inc
- High Eye Aerial Imaging
- Hoverfly Technologies
- Kucera International, Inc
- Landiscor Real Estate Mapping
- Sky-Watch A/S
- Nearmap Ltd.
- Parrot SA
- Yuneec International
- PrecisionHawk
- DroneDeploy (Infatics Incorporation)
- Digital Aerial Solution
Avail
FREE Sample Report Instantly @ https://www.researchmoz.us/request-free-sample/?reportid=662
No comments:
Post a Comment