According to the Graphical Research new growth forecast report titled “Asia Pacific Aerial Imaging Market Analysis based on Platform, Imaging Type (Vertical Imaging, Oblique Imaging), Application (Geospatial Mapping, Disaster Management, Energy & Resource Management, Surveillance & Monitoring, Urban Planning, Conservation & Research), End Use, Competitive Market Share & Forecast, 2018 - 2024”, estimated to exceed USD 1 Billion By 2024
The Asia Pacific aerial imaging market growth is attributed to the large-scale use of UAVs for surveying and mapping purposes in applications such as urban planning, defense, and disaster management. Countries including China and India are rapidly deploying the drone technology for surveillance and reconnaissance purposes. Rising terrorist activities have also generated the need to adopt aerial imaging platforms for monitoring borders and enhancing aerial surveillance for anti-insurgency operations.
The agriculture & forestry segment is expected to grow at a CAGR of over 18% over the forecast timeline. Huge adoption of drones including multi-rotors, fixed-wing aircraft, and quadcopters for crop monitoring and identifying plant flaws will drive the aerial imaging market growth.
India aerial imaging market is projected to grow at a CAGR of over 21% from 2018 to 2024. This market growth is attributed to the increasing adoption of fixed-wing aircraft and drones for surveillance and reconnaissance activities. As the country is more prone to natural disasters, there is a huge demand for imaging platforms that can be used for hazard mapping applications.
The key market players in the Asia Pacific aerial imaging market include Fugro N.V., Cyberhawk Innovations, Parrot SA, Google, Global UAV Technologies, GeoVantage, Eagle View Technologies, Digital Aerial Solutions, PrecisionHawk, Landiscor Real Estate Mapping, Cooper Aerial Surveys, Kucera International, 3D Robotics, AeroVironment, DroneDeploy, and Hoverfly Technologies.
Segments we Cover:
Asia Pacific Aerial Imaging Market Statistics, By Platform
- Fixed-wing Aircraft
Asia Pacific Aerial Imaging Market Trends, By Imaging Type
- Vertical Imaging
- Oblique Imaging
Asia Pacific Aerial Imaging Market Growth, By Application
- Geospatial Mapping
- Disaster Management
- Energy & Resource Management
- Surveillance & Monitoring
- Urban Planning
- Conservation & Research
Asia Pacific Aerial Imaging Market Size, By End Use
- Agriculture & Forestry
- Archeology & Civil engineering
- Oil & gas
- Others (Tourism)
The above information has also been provided for the following countries:
- South Korea
- Australia & New Zealand (ANZ)