Embedded Vision Systems in UAVs
Embedded Vision Systems Fuel Rapid Growth in Demand for UAVs in a Wide Range of Applications
The vision and imaging capabilities of unmanned aerial vehicles (UAVs) are vital to their commercial potential. A drone without vision has limited capabilities, and therefore limited profitability. Embedded vision systems are bringing high-power, high quality vision and imaging to drone applications and spurring market growth in the process.
It's projected the UAV market will be worth $52.30 Billion by 2025, more than doubling the estimated $20.71 Billion market value in 20181. Over this time, the market will grow at a compound annual growth rate (CAGR) of 14.15%. The expanding set of visual capabilities, along with the loosening of restrictions on the use of commercial UAVs, will be primary growth factors during this time frame.
In the past few years, UAVs have proven useful in a diverse range of applications. Some of the most common uses include critical infrastructure inspection, surveying and mapping, scientific research, security and surveillance, search and rescue, precision agriculture, and supply chain & logistics, among others. Each application depends heavily on embedded vision and imaging capabilities, as does the continuously expanding use of UAVs in new industries and new applications.
The UAV market is set for rapid growth, fueled by constantly advancing embedded vision technology. As demand for UAVs rises, demand for the underlying embedded vision technology will rise too.
1. Markets and Markets, “Unmanned Aerial Vehicle (UAV) Market worth 52.30 Billion USD by 2025”