DUBLIN--(BUSINESS WIRE)--The "Global Aerial Imaging Market 2020-2025 by End-user, Type of Application, Geography, Impact of COVID-19, Ansoff's Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Aerial Imaging Market is estimated to be USD 1.92 Bn in 2020 and is expected to reach USD 3.43 Bn by 2025 growing at CAGR of 12.3%.
Certain key factors like the versatility of its services and the increasing technological advancements are positively going to push this market forward. However, factors such as security breaches and use of imaging for unethical purposes with higher need for regulatory requirements can negatively impact the market in the forecasted period.
Aerial Imaging or aerial photography is a process of capturing images of the desired object, ground surfaces with the help of cameras from a highly elevated point. The cameras are usually mounted on various air vehicles like unmanned aerial vehicles (UAVs), helicopters, airships, or other flying objects like kites and balloons for this purpose. This technology has been used for a while in various verticals spanning from civil engineering, research, government, agriculture purposes.
They are critical in providing insights about spatial information, land cover, vegetation areas, soil maps, and geological areas, which are used for analysis and strategic planning for urban settlements and route designing. Some of the key purposes involve urban planning, security, energy management, and monitoring environmental studies, etc.
The commercial applications range from construction progress evaluation, advertising to promotional purposes. The use of this technology has been preferred as it provides a more comprehensive insight for the desired project.
Market Dynamics
Drivers
- Rapidly growing popularity of UAVs for aerial imaging
- Increasing usage of aerial imaging in defence applications
- Growing incidents of natural disasters
- Consistent advancements in aerial camera systems
- Venture capital investment in drone technology
- Diversified areas of application
Restraints
- Security and privacy concerns
- Stringent aviation regulatory policies
Opportunities
- Use of emerging camera technologies
- The popularity of location-based services
- Increasing demand from the real estate industry
Trends
- Aerial Archaeology
- Personal Arial Mapping System(PAMS)
Segments Covered
The global aerial imaging market is segmented based on end user, type of application and geography.
By Geography, North America is expected to be the key regional market over the next six years owing to the development of unmanned aerial vehicles (UAVs) and the Personal Arial Mapping System (PAMS). Additionally, the European aerial imaging market is also expected to grow at a considerable rate.
Global Aerial Imaging Market, By End User
- Government
- Energy
- Defence
- Agriculture and Forestry
- Civil Engineering and Archaeology
- Media and Entertainment
- Other (Insurance and Tourism)
Global Aerial Imaging Market, By Application
- Geospatial Mapping
- Disaster Management
- Energy & Resource Management
- Surveillance & Monitoring
- Others (Habitat, Power line, Advertising, and Photography)
Company Profiles
Some of the companies covered in this report are Google, Inc., Kucera International, Inc Near Map Ltd, Eagleview Technologies Inc, Fugro N.V, NRC Group ASA etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyse and evaluate the position of companies based on their Industry Position score and Market Performance. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share etc.
Companies Mentioned
- DJI
- Nearmap
- Fugro N.V
- Cooper Aerial Surveys
- Eagle View Technologies
- GeoVantage Inc
- Kucera International
- PrecisionHawk
- Airobotics
- DroneDeploy
- Landiscor Aerial Information
- Premier Geospatial, Inc.
- High Eye Aerial Imaging Inc
- Eagle Aerial Solutions
- Digital Aerial Solutions, LLC
- CICADE S.A.
- BLOM ASA
- AeroMetric Inc.
For more information about this report visit https://www.researchandmarkets.com/r/mv8eyr
