KBV Research reports aerial imaging market could reach a market size of USD 3.7bn by 2024

KBV Research has released Global Aerial Imaging Market, predicting the Global Aerial Imaging Market size is expected to reach USD 3.7 billion by 2024, rising at a market growth of 13.8% CAGR during the forecast period, the company said.

Aerial imaging helps in capturing images of the ground surfaces from an elevated place. Cameras mounted on various air vehicles including helicopters, airships, kites, balloons, and unmanned aerial vehicles (UAVs) are used while working on clicking image of various places. Aerial imaging is widely used in different industry verticals such as civil engineering, research, government, agriculture, and others. Advanced technologies such as GIS (geographic information system), LiDAR systems, and 360-degree vision cameras would add to the opportunities in the market.

North-America is the major revenue-generating region. The adoption of aerial imaging in defense, agriculture, and hospitality sectors in the region is substantial; therefore, the region is the leading region.

Knowledge Based Value Research (KPV) is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations.