![]() China, the world`s second largest economy, is forecast to reach an estimated market size of US$767 Million in the year 2026 trailing a CAGR of 17% through the analysis period.Īmong the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 14.4% respectively over the analysis period. The country currently accounts for a 31.7% share in the global market. is estimated at US$725.3 Million in the year 2021. Market is Estimated at $725.3 Million in 2021, While China is Forecast to Reach $767 Million by 2026 Drones/UAVs provide a cost-efficient alternative to fixed-wing aircraft and helicopters for aerial imaging, which is pushing up their adoption in low-budget, small-scale imaging applications. The drone/UAV platform dominates the market owing to increasing adoption of the option for aerial imaging in sectors such as government, oil & gas, construction, agriculture and military & defense. This segment currently accounts for a 21.5% share of the global Aerial Imaging market. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fixed Wing Aircraft segment is readjusted to a revised 14.9% CAGR for the next 7-year period. UAV & Drone, one of the segments analyzed in the report, is projected to grow at a 15.9% CAGR to reach US$2.9 Billion by the end of the analysis period. In the coming years, the technology is likely to find extensive use to support town planning, energy exploration and homeland security applications as well as to manage environmental or climate changes. The ability of aerial photography to enable perfect shot, enhanced pilot handling and elevated angle view for high-resolution imagery is expected to considerably drive its demand across the government sector, opening lucrative avenues for growth. The market growth is also stimulated by ongoing technological advances in aerial platforms and camera systems along with rising awareness about various advantages of the technology and growth of location-based services. The global market is anticipated to be also bolstered by continuing technological advances related to camera systems to achieve ultra-resolution imagery. ![]() Growth in the global market is led by advancements in technologies such as cameras, processing methods, collection platforms and cloud storage and analytics platforms that continue to enrich aerial data. The global market for Aerial Imaging estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2026, growing at a CAGR of 14.7% over the analysis period. Global Aerial Imaging Market to Reach US$4.6 Billion by the Year 2026 Nearmap has a diverse client base from construction firms to federal agencies wanting access to its subscription-based model that offers several types of aerial imagery.Dublin, Ap(GLOBE NEWSWIRE) - The "Aerial Imaging - Global Market Trajectory & Analytics" report has been added to 's offering. By using planes rather than satellites, the Australian company can avoid the weather disruption that space satellites face. Nearmap is an aerial imaging company that frequently releases high-resolution images from above. An elderly couple whose oxygen machines stopped working because of power outages and subsequently lost their lives. President Joe Biden and the first lady have confirmed plans to travel to Florida and Puerto Rico next week to survey the damage and meet officials and residents.ĭrowning is the biggest cause of death but other tragic stories have emerged. and rescuers are still desperately searching for survivors who may be trapped inside their own homes. Catastrophic Human ImpactĪt least 87 people have been confirmed dead since the hurricane struck the U.S. Some houses in Punta Gorda that were rebuilt after Hurricane Charley in 2004 faired better with houses still standing among the debris. ![]() An image of a community on West Gulf Drive in Sanibel shows swimming pools, tennis courts, and large buildings completely wiped out by Ian. ![]()
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