Aerospace

Aerial Imaging Market size forecast to reach USD 2.64 billion by 2022

Aerial imaging market size is estimated to be valued at over USD 2.64 billion by 2022, as per a new research report by Global Market Insights, Inc.

Increasing demand for this technology across various application areas is expected to drive aerial imaging market share over the forecast period. These systems are anticipated to offer efficient solution for various applications such as planning, route design, volume calculation, and map renovations.

The technique is mainly used for a variety of purposes such as geospatial technology, construction & development, research & conservation, as well as disaster management. Rising technological innovation in aerial platforms and camera systems is anticipated to drive aerial imaging market growth over the next few years. Advancements in technology such as airborne GPS, Inertial Measurement Unit (IMU), and Light Detection and Ranging (LiDAR) are projected to propel demand.