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Aerial Imaging Market size surpassed USD 3 billion in 2022 and is projected to record 22% CAGR during 2023 to 2032.
Aerial imaging technology has found key applications in the military and defense sectors. Imaging platforms such as Unmanned Aerial Vehicles (UAVs) and aircraft-mounted camera systems offer high-level aerial surveillance that enables crucial military functions like mission simulation, mission planning and air-defense planning. Advancement in drone technology and communication has facilitated several armed forces globally to monitor ground activity across borders and high-risk areas without the need to deploy military personnel.
A major barrier to the expansion of the aerial imaging market is the strict regulations controlling the usage of UAV platforms. In many nations, aviation authorities closely control the use of drones through regulations for these operators and manufacturers. For instance, in the U.S., if one needs to use a drone for work purposes, then a certificate from the FAA is compulsory. There are a set of commercial flying rules that need to be followed as well. Such regulations might affect industry growth.
Report Attribute | Details |
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Base Year: | 2022 |
Aerial Imaging Market Size in 2022: | USD 3 billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 22% |
2032 Value Projection: | USD 28 billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 344 |
Segments covered: | Platform, Imaging, Application, End-use |
Growth Drivers: |
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Pitfalls & Challenges: |
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