By 2024, North America Aerial Imaging Market to record a remuneration of USD 1.8 billion

The research report on North America Aerial Imaging Market provides a comprehensive understanding of the overall market with substantial details including its position in the global economy and its applications across myriad end-users segments.

According to the given report, the North America aerial imaging industry revenue surpassed USD 0.8 billion in 2017 and is anticipated to record a remuneration of USD 1.8 billion by 2024, exhibiting a growth rate of 11% over 2019-2024. Moreover, the study also incorporates information on the current market scenario, developing technologies, widespread competitive landscape, market tactics, future prospects, and vivid market segmentations.

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The report also summarizes various factors that are likely to drive the growth of this industry over the foreseeable period, in line with offering details of the ongoing trends that the given industry is characterized by. As per the given report, the North American aerial imaging market is fragmented on the basis of patform, imaging type, application, regions, and competitive landscape.

The aerial imaging market in the defense sector is projected to register the fastest growth rate of over 13% from 2018 to 2024 due to the increasing adoption of UAVs in security & defense applications. For instance, in July 2018, the U.S. army selected Raytheon’s Coyote unmanned aircraft system and the KRFS radar for countering UAS threats.

Based on the geographical landscape, the industry has been diversified into various regions including U.S., Canada. The market study includes minute details on growth driving factors, trending growth opportunities, respective growth rates, technologies being used, favorable and unfavorable regulatory reforms, and individual market shares.

The market growth is attributed to various strategic partnerships and new product development initiatives undertaken by companies. The use of drones for commercial and personal purposes is regulated by various government authorities such as Transport Canada, Federal Aviation Administration (FAA), and Ottawa International Airport Authority. Such regulations largely influence the market growth in this region.

The  aerial imaging market in North America is highly concentrated and boasts robust presence of myriad companies including Landiscor Real Estate Mapping, Google, PrecisionHawk, Global UAV Technologies, GeoVantage, Eagle View Technologies, Digital Aerial Solutions, Cooper Aerial Surveys, Kucera International, 3D Robotics, AeroVironment, DroneDeploy, and Hoverfly Technologies. The document incorporates details on the sales graph of reach of each of the enlisted firm, their market strategies to sustain their position in the overall market, individual company profiles and market share and size, and their stance in the worldwide industry landscape.

[TOC Chapters]

 

Chapter 4.North America Aerial Imaging Market Size, by Platform, 2013 – 2024

 

  • Fixed-wing Aircraft
  • Helicopter
  • UAV/drone

 

Chapter 5.North America Aerial Imaging Market Size, by Imaging Type, 2013 – 2024

 

  • Vertical Imaging
  • Oblique Imaging

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