Aerial imaging market to hit US$8.1bn by 2030

Aerial market to succeed in $8.1 billion by 2030 | Insurance coverage Enterprise America
Aerial know-how is extensively utilized by the insurance coverage business, particularly after pure disasters
insurance coverage information
By RyanSmith
The worldwide aerial imaging market, which was valued at $2.7 billion final yr, is anticipated to succeed in a revised dimension of $8.1 billion by 2030, based on a report by analyst agency Analysis and Markets.
The aerial imaging market is projected to develop at a compound annual progress fee (CAGR) of 14.9% between 2022 and 2030, the report stated.
Aerial imaging know-how is extensively utilized by the insurance coverage business, notably after pure disasters when it may be tough to examine broken property in individual.
UAVs and drones, one of many segments examined within the report, are forecast to develop at a CAGR of 16.3% and be price US$4.6 billion in 2030, based on Analysis and Markets. Taking into consideration the continuing restoration from the pandemic, the fixed-wing plane phase is anticipated to develop at a revised CAGR of 14.5%.
The US aerial pictures market was valued at US$843.7 million in 2022.
In China, the aerial imaging market is anticipated to succeed in US$1.4 billion by 2030, with a CAGR of 17.3% between 2022 and 2030.
The Japanese aerial imaging market is anticipated to develop at a CAGR of 12.7% throughout this era, whereas the Canadian market is anticipated to develop at a CAGR of 14.5%.
In Europe, Germany’s aerial pictures market is anticipated to develop at a CAGR of 14.6%, based on Analysis and Markets.
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2023-05-08 17:00:00
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