SAN FRANCISCO, Aug. 18, 2021 — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Aerial Imaging – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 434
Companies: 20 – Players covered include ARC Aerial Imaging Limited; Blom ASA; Bluesky International Ltd.; Cooper Aerial; Digital Aerial Solutions, LLC; GeoVantage; Getmapping; High Eye Aerial Imaging Inc.; Kucera International Inc.; McKenzie Geospatial Surveys Limited; Midwest Aerial Photography; Propellerheads Aerial Photography and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Geospatial Mapping, Disaster Management, Energy & Resource Management, Surveillance & Monitoring, Urban Planning, Conservation & Research)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Aerial Imaging Market to Reach $6.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Aerial Imaging estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$6.7 Billion by 2026, growing at a CAGR of 16.5% over the analysis period. Geospatial Mapping, one of the segments analyzed in the report, is projected to record a 18.6% CAGR and reach US$3.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Disaster Management segment is readjusted to a revised 14.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $836.5 Million in 2021, While China is Forecast to Reach $1 Billion by 2026
The Aerial Imaging market in the U.S. is estimated at US$836.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2026 trailing a CAGR of 15.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 13.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.8% CAGR.
Energy & Resource Management Segment to Reach $1.1 Billion by 2026
In the global Energy & Resource Management segment, USA, Canada, Japan, China and Europe will drive the 15.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$325.1 Million in the year 2020 will reach a projected size of US$891.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$252 Million by the year 2026. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.