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Digital Elevation Models Market Grow with Rising Construction and Renovation Projects, Finds FMI

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VALLEY COTTAGE, N.Y. Professionals in various sectors are seeking effective and thorough approach of examining topographical demesnes. Countries across the globe are undergoing voluminous infrastructural developments, which includes construction and renovation of civil facilities, buildings, and residential societies.

As governments are formulating eco-friendly policies for construction activities, the need for digital elevation models (DEM) for mapping out environmental-friendly landscaping becomes predominant. Furthermore, DEMs find purpose in maintaining high-voltage power lines, waterways, pipelines, and various layouts of infrastructure assets. On the contrary, complications regarding collection of unorganized data and cyber threats are pain points that need to be addressed by market players.

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Playersin the digital elevation models market are eyeing APAC (Asia Pacific),especially China, South Korea, and India, realizing upsurge in constructionprojects under several schemes, and enhancing border security as well asmilitary efficiency. Looking at the inflating applicability of digitalelevation models across different domains, FMI has created a marketintelligence study. The study reveals that the global digital elevation modelsmarket is estimated to outreach US$ 1 Bn by the end of 2019, and is anticipatedto grow at a healthy CAGR of ~16% over the forecast period (2019-2029).

Adoption of Digital Elevation Models in Geologicaland Military & Defence Applications Surges

With global warming intensifying the hydrological wheel, heavy downpour across the world seems to be obvious. Consequently, number of people in the purview of rainfall-driven catastrophes, including mudslides, debris flows, outpourings, and onslaughts, are inflating. These disasters result in significant losses of lives and property as they occur with no identifiable preliminary indications.

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Sucha jeopardizing situation demands digital elevation models for efficient andpreparatory monitoring of topographical regions. DEMs outline the geologicalareas that have been affected or are on the verge of witnessing disasters byperforming hydrologic outlining, resource monitoring, mapping and visualization.Further, carving out affected regions enable rescue crew to figure out variousevacuation routes.

FMI finds that military & defence organizations create photo-realistic geographies for mission preparation, and flight training sessions with 3D visualization. Comprehensive evaluation of rural and urban lands facilitate various military operations, both from aerial as well as semi-autonomous vehicles. Furthermore, military & defence personnel leverage DEMs for applications, including land monitoring, search and rescue, and air traffic management.

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Analysts at FMI opine that “As infrastructural developments continue to rise, digital elevation models are set to gain wide acceptance for mapping purposes. Further, adoption of DEMs are expected to increase in coastal regions for below-water applications underwater archeology, and seafloor structural evaluation.”

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