Aerial Imaging Market Expansion Projected to Gain an Uptick During 2021-2027

The aerial imaging market is expected to witness robust expansion by 2027 due to rapid advancements in aerial camera systems and drone technology across the globe.

Aerial imaging technology is a low-cost solution for remote sensing. It refers to images taken from airborne crafts, including drones and airplanes. It is commonly used for localized applications in urban planning, disaster management, conservation, and research.

According to a January 2021 study published in Unmanned Aerial Systems, aerial imaging systems are overcoming the challenges in effective disaster management by collecting data from inaccessible areas, especially coastal environments. The technology offers several benefits, including widespread coverage, resource dispatch, and survivor rescue, which have significantly improved the effectiveness of disaster response. Subsequently, growing occurrences of natural disasters around the globe have facilitated product adoption in recent years.

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The aerial imaging market has been segmented based on end-use, platform, application, imaging type, and region. In terms of application, the market has further been classified into urban planning, geospatial mapping, conservation and research, disaster management, surveillance & monitoring, and energy & resource management.


The energy & resource management sub-segment is projected to observe solid growth by 2027, registering a CAGR of around 14.9% over the estimated timeline. Rising preference for drones to supplement existing monitoring systems for oil & gas transmission pipelines is likely to fuel segmental expansion through the review period.

In 2020, the urban planning sub-segment held a market share of nearly 13.4% and is speculated to showcase considerable expansion through the forecast period. Prevalent application of aerial imagery for natural land management and smart city planning is set to foster market uptake in the coming years. The conservation and research sub-segment is anticipated to progress at more than 15.9% CAGR through the stipulated timeframe due to increasing use of drones for strengthening natural resource conservation efforts.

On the basis of end-use, the market has been bifurcated into oil & gas, government, archaeology & civil engineering, energy, agriculture & forestry, and military & defense. The government sub-segment accounted for a sizable market share of about 25.14% in 2020 and is speculated to exhibit robust growth over 2021-2027. Increasing penetration of aerial imaging in multiple public sector applications ranging from homeland security to environmental studies is likely to propel product demand in the government sector.

The archaeology & civil engineering sub-segment is foreseen to expand at approximately 14.0% CAGR over the analysis period owing to soaring demand for aerial imaging in civil engineering projects to capture critical data.

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From the regional spectrum, the Latin America aerial imaging market is set to amass notable gains by 2027, progressing at around 16.3% CAGR through the projected period attributable to the widespread adoption of commercial drones for defense, agriculture, disaster management, and energy sectors across LATAM.
 
The MEA aerial imaging market is anticipated to grow at a CAGR of above 15.0% over the assessment period. Increasing adoption of UAVs for imaging applications in the domestic agriculture sector is foreseen to boost regional market growth over the study time period.
 
Table of Contents (ToC) of the report:
Chapter 1   Methodology & Scope
1.1    Scope & definitions
1.2    Methodology & forecast parameters
1.3    Region-wise COVID-19 impact analysis
1.3.1    North America
1.3.2    Europe
1.3.3    Asia Pacific
1.3.4    Latin America
1.3.5    Middle East & Africa
1.4    Data Sources
1.4.1    Secondary
1.4.2    Primary
Chapter 2   Executive Summary
2.1    Aerial imaging market 360º synopsis, 2017 – 2027
2.2    Business trends
2.3    Regional trends
2.4    Platform trends
2.5    Imaging type trends
2.6    Application trends
2.7    End-use trends
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/aerial-imaging-market

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