According to the Graphical Research new growth forecast report titled “Europe Aerial Imaging Market Analysis based on Platform, Imaging Type, Application, End Use, Industry Forecast, 2018 – 2024”, estimated to exceed USD 500 Million By 2024.
The Europe aerial imaging market growth is attributed to a rise in the deployment of drone technology for defense and disaster management applications. For instance, in September 2016, emergency services in the region used high-tech drones and robots for rebuilding damaged towns. Robots provided by the European Commission-run project, Tradr were used to assist rescue efforts in affected towns. Other factors influencing the market growth are the several efforts taken by government agencies for augmenting drone adoption and the growing implementation of AI to enhance UAV capabilities.
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The drones/UAV segment is projected to register the fastest growth rate of around 11% over the forecast timeline due to the extensive adoption of these platforms for capturing aerial imagery. Multirotor drones are expected to witness an increase in adoption as they offer several benefits such as easier control and more stability as compared to single rotor drones.
The oil & gas market is expected to grow at a CAGR of around 10% over the forecast timeline. Oil & gas industries in the region are using drones to monitor pipelines, underground exploration, aerial inspection, and to provide visual updates about the site. For instance, in August 2015, Repsol S.A., an integrated global energy company based in Madrid used UAVs to inspect the flares at its Sines complex in Portugal by obtaining high-resolution images of the state of structures that measure more than 100m.
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The key market players in the Europe 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:
Europe Aerial Imaging Market Statistics, By Platform
- Fixed-wing Aircraft
- Helicopter
- UAV/drone
Europe Aerial Imaging Market Trends, By Imaging Type
- Vertical Imaging
- Oblique Imaging
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Europe Aerial Imaging Market Growth, By Application
- Geospatial Mapping
- Disaster Management
- Energy & Resource Management
- Surveillance & Monitoring
- Urban Planning
- Conservation & Research
Europe Aerial Imaging Market Size, By End Use
- Government
- Energy
- Defense
- Agriculture & Forestry
- Archeology & Civil engineering
- Oil & gas
- Others (Tourism)
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The global Aerial Imaging Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the aerial imaging market include Blom ASA, Eagle View Technologies, Inc, Cooper Aerial Surveys Co, Kucera International Inc, High Eye Aerial Imaging Inc, Fugro N.V, Digital Aerial Solutions, LLC, Landiscor Real Estate Mapping, GeoVantage, Inc, and Eagle Aerial Solutions.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Aerial Imaging Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/aerial-imaging-market/download-sampleMarket DynamicsThe escalating demand for aerial photography from the agricultural industry to observe effective changes in crop health management, yield production, and in the improvement of soil condition, product mixing equipment in the agricultural industry is the major factor driving the aerial imaging market.
The rise Of location-based services and increasing demand from diversified applications stimulate high market demand from several industries.
The arrival of technological developments such as the Internet of Things (IoT), LiDAR systems, GIS (geographic information system), and 360-degree vision cameras is positively impacting the market growth.
