Aerial Imaging Market in government sector to grow at over $750mn by 2022

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Aerial Imaging Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends, and Forecast, 2022: Fractovia.org The report “Aerial Imaging Market Size By Application (Government, Agriculture & Forestry, Civil Engineering, Military & Defense, Energy, Insurance, Commercial), Industry Outlook Report, Regional Analysis, Application Potential, Competitive Market Share & Forecast, 2015 – 2022”. Aerial imaging market size forecast to reach USD 2.65 billon by 2022, According to Global Market Insights, Inc. Impelled by growing popularity of capturing photographs from an elevated position across various sectors such as Government, Civil Engineering, Agriculture & Forestry, Military & Defense, etc. Helicopters, rockets, balloons, fixed-wing aircraft, and stand-alone telescoping are some of the commonly used platforms used in aerial imaging. Technological evolutions and growing demand across various application areas such as insurance, energy, etc. is expected to propel the aerial imaging industry demand over the coming years.

Aerial imaging technology is preferably used for various ground based commercial applications. Military application is projected to surpass USD 200 million in the coming five years. Aerial imaging industry is witnessing a substantial growth, due to evolving technology developments in agriculture and insurance sector. For instance, farmers are adopting the aerial imaging technique for monitoring crop diseases, whereas on other hand insurance sector is utilizing this technology to settle down claims in the estimation of damages caused by natural calamities such as hurricanes and floods. Demographic mapping, road planning, optimum land-use calculations, climate change, etc. are key factors influencing the aerial imaging market size in the civil engineering applications. Moreover, the increasing adoption of aerial imaging technology in other areas including disaster reduction & prevention, engineering & land-use planning, archaeology, and energy management will further boost the aerial imaging industry share. Government sector is projected to account for 29% of the total aerial imaging market share by 2022. Aerial imaging applications mainly comprise government, commercial, 1|Page


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