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Aerial Imaging Market Share, Size, Analysis, Growth, Trends and
Forecasts to 2024 | Hexa Research
" The global Aerial Imaging Market is projected to
reach USD 3.3 billion by 2024. It will grow at an
estimated 13.5% CAGR over the forecast phase (2016-
2024)."
The global Aerial Imaging Market is projected to reach USD 3.3 billion by 2024. Aerial imaging involves
capturing images of the ground using unmanned aerial vehicles (UAVs), helicopters, dirigibles, blimps, kites, and
parachutes. It provides useful information for volume calculation map renovations, planning, and route design.
Factors driving the market are popularity of aerial images and the need for geospatial information in various
fields. It derives much of its demand from forestry & agriculture and other commerc ial sectors. Advances in
technology such as LiDAR (Light Detection and Ranging), IMU (Inertial Measurement Unit) and airborne GPS
(global positioning system) can boost market growth during the forecast period (2016 -2024). Camera
technologies such as Microsoft’s Hawk & Eagle and Vexcel Imaging’s UltraCam Osprey can fuel industry
demand. But security concerns and operational issues can impede growth.
The worldwide Aerial Imaging Market is segmented according to applications and regions. Insurance,
government, military & defense, agricultural & forestry, GIS (geographical information system), civil
engineering, commercial, and energy are the key application areas. Military & defense will exceed USD 250
million by 2024. UAVs and Personal Aerial Mapping System (PAMS) are used by the military for reconnaissance
missions. These systems are also employed in ground-based commercial applications. PAMS provide detailed
photographs of surfaces at affordable costs.
Browse Details of Report @ https://www.hexaresearch.com/research-report/aerial-imaging-market
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