Aerial Imaging Market Growth Accelerated By Rising Need For Farm Monitoring

https://www.coherentmarketinsights.com/market-insight/aerial-imaging-market-3523
Aerial Imaging Market


Aerial imaging, also known as aerial photography is utilized for farm monitoring, mapping and inspection from the air through the use of cameras or imaging sensors. It produces georeferenced, digital photos taken from the sky. This high-resolution aerial data helps farmers inspect their fields for weeds, pests, diseases or damaged areas and respond to issues faster. The data is also useful for yield monitoring, cadastral mapping, infrastructure planning and more. Aerial imaging solutions provide advantages like large area coverage in less time, identification of issues not visible from the ground and historical data comparison.


The global Aerial Imaging Market is estimated to be valued at US$ 3439.29 Mn in 2023 and is expected to exhibit a CAGR of 6.7%  over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The growing need for precision agriculture and farm monitoring is one of the key factors driving growth of the aerial imaging market. Precision agriculture utilizes aerial imaging data to gather field information which helps farmers to analyze their soil health, spot crop issues and monitor yields. This allows them to apply fertilizers and pesticides only where needed thereby improving farming efficiency. The high resolution images captured from drones and aircrafts provide detailed field data which conventional ground monitoring cannot match. Integrating aerial imagery analytics with IoT sensors is another trend gaining traction as it helps farmers to remotely monitor soil moisture, optimize irrigation and boost productivity.

Segment Analysis
The global aerial imaging market is segmented by type into manned aircraft, unmanned aerial vehicles (UAVs), helicopters and others. Among these, the unmanned aerial vehicles (UAVs) segment held the largest market share in 2023 as they are easy and affordable to operate and can capture high-quality aerial images. They are also safer compared to manned aircraft. The use of UAVs for aerial imaging is expected to grow at the fastest pace during the forecast period owing to their increasing acceptance and capability to cover large areas in short duration of time.

Key Takeaways

The global Aerial Imaging Market Size is expected to witness high growth.

Regional analysis: The North American region dominated the global aerial imaging market in 2023 with a market share of over 30%, followed by Europe. This is attributed to the widespread adoption of aerial imaging technologies across various sectors like agriculture, construction, energy & resource management, and environmental surveillance. Furthermore, presence of prominent aerial imaging service providers in the US and Canada is driving the market growth. However, the Asia Pacific region is expected to witness the highest growth during the forecast period owing to the growing construction and infrastructure development activities in countries like China and India.

Key players operating in the aerial imaging market are Otsuka Pharmaceuticals Co., Ltd., Baxter International Inc., Allergan, Danone, Abbott Laboratories, Pfizer, Inc., Mead Johnson & Company, LLC, Sanofi, Nestlé, GlaxoSmithKline, Fresenius Kabi AG, Ranbaxy, WOCKHARDT, The Kraft Heinz Company, and Sichuan Kelun Pharmaceutical Company Limited. These players are focusing on new technology adoption and strategic collaborations to expand their business and gain higher market share. For instance, in 2022, Otsuka Pharmaceuticals partnered with Geosys to enhance its aerial imaging solutions for flood mapping and coastal monitoring.

Explore more related article on this topic: https://www.pressreleasebulletin.com/drone-based-aerial-imaging-is-driven-by-advancement-in-camera-technologies/

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