With Market Size Valued at $4.6 Billion by 2026, it`s a Healthy Outlook for the Global Aerial Imaging Market

A glimpse of the facts
Version: 9; chest: January 2022
Executive pool: 449
companies: 74 – triggers covered include ARC Aerial Imaging Limited; ASA Bluesky International Ltd. Cooper Air Digital Air Solutions, LLC; GeoVantage. Getmapping. High Eye Aerial Imaging Inc. Kucera International Inc. McKenzie Geospatial Surveys Limited; Midwest aerial photography; Propellerheads aerial photography and others.
coverage: All major geographies and major sectors
Slides: Platform (UAV and UAV, fixed-wing aircraft, helicopters, other platforms); Application (geographical mapping, monitoring and monitoring, disaster management, energy and resource management, urban planning, other applications); End use (government, agriculture and forestry, civil engineering, energy, military and defense, media and entertainment, other end uses)
Geographical areas: Globalism; United States of America; Canada; Japan; China; Europe (France; Germany; Italia; United kingdom; and the rest Europe); Asia Pacific; Rest of the world.

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Abstract-

Global aerial photography market to reach 4.6 billion US dollars by 2026

Aerial photography refers to images taken from an airborne vehicle which includes drones, planes, helicopters, balloons, etc. Aerial photographs are an indispensable tool for topographic mapping and place interpretation for planning and analysis. It provides vital information that can be used for disaster management, precision agriculture, asset control, habitat protection, forestry, conservation, urban planning and more. Growth in the global market is being driven by developments in technologies such as cameras, processing methods, aggregation platforms, cloud storage, and analytics platforms that continue to enrich weather data. The global market is also expected to be boosted by continuous technological advances related to camera systems to achieve ultra-high resolution images. The growth of the market is also stimulated by the continuous technological advancement in aerial platforms and camera systems along with increasing awareness about the various advantages of technology and the growth of location based services. Aerial photography’s ability to enable the perfect shot, improved pilot handling and high-angle viewing for high-resolution images is expected to drive demand across the government sector, opening up profitable avenues for growth. In the coming years, the technology is likely to find widespread use to support city planning, energy exploration, and homeland security applications as well as to manage environmental or climate changes.

Amidst the COVID-19 crisis, the global market for aerial photography is estimated at 2 billion US dollars In 2020, it is expected to reach a revised size of 4.6 billion US dollars by 2026, at a compound annual growth rate of 14.7% during the analysis period. Drones and drones, one of the sectors analyzed in the report, are expected to grow at a compound annual growth rate of 15.9% to reach 2.9 billion USD at the end of the analysis period. After a comprehensive analysis of the commercial effects of the pandemic and the resulting economic crisis, the growth of the fixed-wing aircraft segment was readjusted to a compound annual growth rate of 14.9% for the next seven years. This segment currently accounts for 21.5% of the global aerial photography market. The UAV/UAV platform dominates the market due to the increased adoption of the aerial photography option in sectors such as government, oil and gas, construction, agriculture, military and defense. Drones/UAVs provide a cost-effective alternative to fixed-wing aircraft and helicopters for aerial photography, increasing their adoption in low-budget, compact imaging applications.

The US market is estimated at $725.3 million In 2021, while it is expected to arrive in China 767 million dollars by 2026

The market for aerial photography in the United States is estimated at $725.3 million In 2021. The country currently holds 31.7% of the global market share. China, the world’s second largest economy, is expected to reach an estimated market size of 767 million US dollars in 2026, lagging behind a compound annual growth rate of 17% over the analysis period. Among other noteworthy geomarkets Japan And Canada, both are expected to grow at a rate of 12.6% and 14.4%, respectively, during the analysis period. inside EuropeAnd Germany It is expected to grow at a compound annual growth rate of approximately 14.4% while the rest of the European markets will reach (as defined in the study) 331 million US dollars at the end of the analysis period. North America It dominates the market share due to the early adoption and extensive application of aerial images in the defense, energy and agricultural industries. Led by the United States, the regional market is poised to benefit from the increased use of drones in the forestry and agricultural industries along with advances in the communications sector and ongoing innovations in defense. market in Asia Pacific It is expected to register the fastest growth rate over the coming years due to the growing interest in drone surveying and mapping in the agriculture and government sectors of various countries such as India And China. The regional market is expected to receive a significant growth stimulus from the increased use of aerial photography drones in the forestry and agricultural industries.

Piece of helicopter to arrive $646.1 million by 2026

In the global helicopter sector, United States of AmericaAnd CanadaAnd JapanAnd China And Europe It will lead the estimated compound annual growth rate of 12.3% for this segment. These regional markets represent the aggregate market size of 253.6 million USD In 2020, the expected volume will reach 574.7 million USD at the end of the analysis period. China It will remain among the fastest growing in this group of regional markets. led by countries like AustraliaAnd India, And South Korea, the market in Asia Pacific expected to arrive 75.9 million US dollars by 2026. more

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