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Aerial imaging market to hit US$8.1bn by 2030

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Aerial imaging market to hit US$8.1bn by 2030




Aerial imaging market to hit US$8.1bn by 2030 | Insurance coverage Enterprise America















Aerial imaging know-how is commonly utilized by the insurance coverage sector, particularly within the aftermath of pure disasters

Aerial imaging market to hit US$8.1bn by 2030

Insurance coverage Information

By
Ryan Smith

The worldwide marketplace for aerial imaging, estimated at US$2.7 billion final yr, is predicted to achieve a revised measurement of US$8.1 billion by 2030, based on a report by analytics agency Analysis and Markets.

The aerial imaging market is predicted to develop at a compound annual development fee (CAGR) of 14.9% between 2022 and 2030, the report stated.

Aerial imaging know-how is commonly utilized by the insurance coverage trade, particularly within the aftermath of pure disasters when it could be troublesome to conduct in-person assessments of broken properties.

UAV and drone, one of many segments examined within the report, is predicted to see a CAGR of 16.3% and hit US$4.6 billion in 2030, Analysis and Markets stated. Accounting for the continued pandemic restoration, the fixed-wing plane section is predicted to develop at a revised CAGR of 14.5%.

The aerial imaging market within the US was estimated to be price US$843.7 million in 2022.

In China, the aerial imaging market is predicted to achieve US$1.4 billion by 2030 with a CAGR of 17.3% between 2022 and 2030.

Japan’s aerial imaging market is predicted to develop at a CAGR of 12.7% over the interval, whereas Canada’s market is predicted to develop at a CAGR of 14.5%.

In Europe, Germany’s aerial imaging market is slated to develop at a 14.6% CAGR, Analysis and Markets stated.


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