Global Aerial
Imaging Market report offers the latest
industry trends, technological alteration and forecast data. A deep-dive view
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Industry Insights
The global Aerial Imaging
Market is expected to reach USD 2.24 billion by 2020. Aerial Imaging is the
technology of taking the images of ground from elevated position. The
technology offers effective solutions for different purposes which include
volume calculation map renovations, planning, route design and others. Aerial
Imaging is employed for many purposes such as disaster management, geospatial
technology, research & conservation and also construction and development.
Increasing technological
developments in aerial platforms along with camera systems is anticipated to
drive the growth of the market over the forecast period. In addition, rising
awareness for benefits of this technology is also expected to favor market demand.
Developing location-based services is anticipated to stimulate the growth of
aerial imaging market over the forecast period.
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Security concerns along
with operational limitations may restrain aerial imaging market growth over the
coming six years. Personal Aerial Mapping System (PAMS) plus Unmanned Aerial
Vehicle (UAV) may offer new opportunities to market growth. Furthermore,
developing technologies of the camera like Hawk and Eagle, UltraCam Osprey by
Microsoft and modern trends such as aerial technology is predicted to provide
new paths to the market growth over the forecast period.
Application Insights
The aerial imaging market
has applications in insurance, commercial, civil engineering, military defense,
government, agricultural and forestry and others. The government sector
dominated the worldwide aerial imaging market in 2015 and is anticipated to be
the major end-use segment throughout the forecast period. Government sector
employs this technology for different purposes such as homeland security,
monitoring environmental studies, energy management and urban planning and much
more. Moreover, agriculture and forestry along with commercial applications are
also predicted to develop at a significant rate over the forecast period.
This technology has
applications in the agriculture sector which include soil sampling,
examination, and scheduling of pesticides and fertilizers, etc. Further,
commercial sector uses this technology for advertising and evaluating the
construction progress. In addition, increasing usage of aerial imaging in
construction and management of the natural resource is anticipated to favor the
growth of the market over the forecast period. Energy applications uses
comprise of logistic activities and drilling. Land use calculations and road
planning along with proving reference for ground screw are some of the
applications in civil engineering.
Regional Insights
Due to the development of
PAMS and UAVs, North America is anticipated to be the major regional market
over the next six years. The North America dominated the aerial imaging market
with USD 575.9 billion in revenues. The European market stood second and is
also expected to grow significantly over the forecast period. Increasing number
of organizations in Europe engaged in collection aerial photography and rising
use of aerial imaging to monitor the aquatic vegetation are fueling this
market.
Asia-Pacific is estimated
to grow considerably due to high defense and military investments in countries
like China, India, and others.
Competitive Insights
Key participants in the
industry include Kucera International, Google, Eagle View Technologies,
Landiscor Aerial Information, Eagle Aerial solutions and AeroMetric. Eagle View
Technologies serves GIS, safety, real states, construction, federal, solar and
also energy & utilities. Kucera International provides orthophotography,
volumetric surveys, plotting stereo compilations and aerial photography, etc.
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