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Aerial Imaging Market by End User (Government, Military & defence, Energy and resource management, Agriculture & forestry, Civil engineering, Commercial, Media & entertainment) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022

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Pages: 120
Sep 2016 | 3665 Views
 
Author's : Pankaj Lanjudkar
Tables: 30
Charts: 56
 

Aerial Imaging Market Overview:

Aerial Imaging Market is expected to garner $2,836.2 million by 2022, registering a CAGR of 12.9% during the forecast period 2016-2022. Aerial imaging provides images of ground surfaces captured from an elevated place with the help of cameras. Cameras mounted on various air vehicles including helicopters, airships, kites, balloons, and unmanned aerial vehicles (UAVs) are utilized for taking images. Aerial imaging finds wide application among various verticals such as civil engineering, research, government, agriculture, and others. However, satellite imagery as a substitute option are expected to restrict the market growth. Advanced technologies, which include GIS (geographic information system), LiDAR systems, and 360-degree vision cameras are expected to generate significant opportunities for the market.

Aerial imaging finds applications across various sectors including government, energy, defense, agriculture & forestry, civil engineering & archeology, media & entertainment, and others (insurance, real estate, and tourism). Aerial imaging provides information such as land cover maps, vegetation maps, soil maps, and geology maps with the help of spatial data captured from the orthographic images. Also, aerial imaging is widely used for various applications among government departments such as land & property information, archaeology, environment studies, disaster & emergency response management, and others. It is utilized to develop plans, maps & forecast crucial information for accurate presentation of earth surface. In addition, aerial imaging is considered as an important tool among engineers, planners and developers for land mapping and development. Aerial images combined with GIS (Geographical Information System) helps in analysis and strategic planning of urban settlements.

Prominent players who offer aerial imaging across the globe include Blom ASA, Eagle View Technologies, Inc., Digital Aerial Solutions, LLC, Cooper Aerial Surveys Co., Landiscor Aerial Information, BLOMASA, Kucera International Inc., GeoVantage, Inc., Fugro EarthData, Inc, High Eye Aerial Imaging Inc., and Eagle Aerial Solutions.

Segment Overview

The aerial imaging market is segmented on the basis of application, end-user, and geography. The application segment of aerial imaging comprises geospatial mapping, disaster management, energy and resource management, surveillance and monitoring, and others (habitat, power line, advertising, and photography). Aerial imaging has been increasingly adopted across various end-users, which include government, energy, defense, agriculture & forestry, civil engineering & archeology, media & entertainment, and others (insurance, and tourism). The aerial imaging market is analyzed on the basis of geography, which includes North America, Europe, Asia-Pacific, and LAMEA. The aerial imaging market in various countries are analyzed including U.S., Mexico, and Canada in North America; UK, Germany, and France in Europe; China, India, Australia, and Japan in APAC; and UAE, Saudi Arabia, and Africa in LAMEA.

Aerial imaging segment overview

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The government sector dominated the global aerial imaging market in 2015 due to its increase in application in homeland security, environmental studies, urban planning, and research purposes. However, energy segment is expected to grow at the fastest CAGR during the forecast period, owing to the precise data collection for hydro-geology, oil and refinery survey, surface water surveys, and groundwater targeting.

North America generated the highest revenue in the global market in 2015 due to higher adoption of UAVs in defense sector and PAMS (Personal Aerial Mapping System) among consumers. However, Asia-Pacific is projected to grow at the fastest CAGR during the forecast period, owing to the increasing investment in the growth of geospatial industry in the region.

Top impacting factors of world aerial imaging market

Top impacting factors of aerial imaging market

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Diversified areas of application

Growth of aerial imaging market is supported by increase in demand from various sectors. Agriculture uses aerial imaging to observe effective changes in yield production, crop health management, and in the improvement of soil condition. Defense sector requires aerial imaging services for safeguarding border areas, and preparing map structures. Also, research & exploration, archeological surveys, mining, oil & gas, and resource management experience wider adoption of aerial imaging services. The aerial imaging market is still in its initial growth stage and the rise in application areas is expected to boost the growth of the market during the forecast period.

Increased market for location based services

Development of electronic media, technological advancements in wireless applications, smart phone adoption, and Internet of Things (IoT) applications result in number of companies to offer location-based services. Companies utilizing location based services such as e-commerce websites, online food chains, social networks and others would contribute in the growth of aerial imaging market in the coming years.

Privacy and national security

Privacy issues and national security regulations are expected to affect the market negatively in the upcoming years. There are specified regulations for aerial imaging in US and UK regarding privacy and security, which restricts the growth of the market. Most of the countries in Asia-Pacific and the Middle East do not have effective rules for aerial imaging. As the market for aerial imaging services increases, regulatory framework becomes more structured and would hinder the growth during the forecast period.

Aerial Imaging Market

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Key Benefits

  • The study provides an in-depth analysis of the world aerial imaging market along with current and future trends to elucidate the imminent investment pockets.
  • Current and future trends are outlined to determine the overall attractiveness, and to single out profitable trends to gain a stronger foothold in the market.
  • The report provides information of key drivers, restraints, and opportunities along with the impact analysis.
  • Quantitative analysis of the current market and forecast for the period of 2014‐2022 is provided to highlight the financial appetency of the market.
  • Porter’s Five Forces analysis of the industry illustrates the potency of buyers and suppliers, who participate in the market.
  • Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.

Aerial Imaging Market Key Segments

The market is segmented based on application, end-user, and geography

By Application

  • Geospatial Mapping
  • Disaster Management
  • Energy and Resource Management
  • Surveillance and Monitoring
  • Others (Habitat, Power Line, Advertising, and Photography)

By End-User

  • Government
  • Energy
  • Defense
  • Agriculture & Forestry
  • Civil Engineering & Archaeology
  • Media & Entertainment
  • Others (Insurance, and Tourism)

By Geography

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • UAE
    • Saudi Arabia
    • Africa
    • Rest of LAMEA
 

Chapter: 1 INTRODUCTION

1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology

1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools And Models

Chapter: 2 EXECUTIVE SUMMARY

Chapter: 3 MARKET OVERVIEW

3.1 Market Definition and Scope
3.2 Key Findings

3.2.1 Top Impacting Factors
3.2.2 Top Investment Pockets
3.2.3 Top Winning Strategies
3.2.4 Top Investment Pockets

3.3 Value Chain Analysis
3.4 Porters Five Forces Analysis

3.4.1 Bargaining Power of Suppliers
3.4.2 Threat of New Entrants
3.4.3 Threat of Substitutes
3.4.4 Intensity of Competitive Rivalry
3.4.5 Bargaining Power of Buyers

3.5 Market Share Analysis, 2015
3.6 Market Dynamics

3.6.1 Drivers
3.6.2 Restraints
3.6.3 Opportunities

Chapter: 4 WORLD AERIAL IMAGING MARKET, BY END USER

4.1 Overview
4.2 Government

4.2.1 Key Market Trends
4.2.2 Key Growth Factors and Opportunities
4.2.3 Market Size and Forecast

4.3 Energy

4.3.1 Key Market Trends
4.3.2 Key Growth Factors and Opportunities
4.3.3 Market Size and Forecast

4.4 Defense

4.4.1 Key Market Trends
4.4.2 Key Growth Factors and Opportunities
4.4.3 Market Size and Forecast

4.5 Agriculture & Forestry

4.5.1 Key Market Trends
4.5.2 Key Growth Factors and Opportunities
4.5.3 Market Size and Forecast

4.6 Civil Engineering & Archaeology

4.6.1 Key Market Trends
4.6.2 Key Growth Factors and Opportunities
4.6.3 Market Size and Forecast

4.7 Media & Entertainment

4.7.1 Key Market Trends
4.7.2 Key Growth Factors and Opportunities
4.7.3 Market Size and Forecast

4.8 Others (Insurance, and Tourism)

4.8.1 Key Market Trends
4.8.2 Key Growth Factors and Opportunities
4.8.3 Market Size and Forecast

Chapter: 5 WORLD AERIAL IMAGING MARKET, BY APPLICATION

5.1 Overview
5.2 Geospatial mapping

5.2.1 Key Market Trends
5.2.2 Key Growth Factors and Opportunities
5.2.3 Market Size and Forecast

5.3 Disaster Management

5.3.1 Key Market Trends
5.3.2 Key Growth Factors and Opportunities
5.3.3 Market Size and Forecast

5.4 Energy and Resource Management

5.4.1 Key Market Trends
5.4.2 Key Growth Factors and Opportunities
5.4.3 Market size and forecast

5.5 Surveillance and Monitoring

5.5.1 Key Market Trends
5.5.2 Key Growth Factors and Opportunities
5.5.3 Market Size and Forecast

5.6 Others (Habitat, Power line, Advertising, and Photography)

5.6.1 Key Market Trends
5.6.2 Key Growth Factors and Opportunities

Chapter: 6 WORLD AERIAL IMAGING MARKET, BY GEOGRAPHY

6.1 Overview
6.2 North America

6.2.1 Key Market Trends
6.2.2 Key Growth Factors and Opportunities
6.2.3 Market Size and Forecast

6.2.3.1 U.S.
6.2.3.2 Mexico
6.2.3.3 Canada

6.3 Europe

6.3.1 Key Market Trends
6.3.2 Key Growth Factors And Opportunities
6.3.3 Market Size and Forecast

6.3.3.1 U.K
6.3.3.2 Germany
6.3.3.3 France
6.3.3.4 Rest of Europe

6.4 Asia-Pacific

6.4.1 Key Market Trends
6.4.2 Key Growth Factors and Opportunities
6.4.3 Market Size and Forecast

6.4.3.1 China
6.4.3.2 India
6.4.3.3 Japan
6.4.3.4 Australia
6.4.3.5 Rest of Asia-Pacific

6.5 LAMEA

6.5.1 Key Market Trends
6.5.2 Key Growth Factors and Opportunities
6.5.3 Market Size and Forecast

6.5.3.1 UAE
6.5.3.2 Saudi Arabia
6.5.3.3 Africa
6.5.3.4 Rest of LAMEA

Chapter: 7 COMPANY PROFILES

7.1 Blom ASA

7.1.1 Company Overview
7.1.2 Company Snapshot
7.1.3 Business Performance
7.1.4 Key Strategic Moves and Developments
7.1.5 SWOT Analysis

7.2 Fugro N.V.

7.2.1 Company Overview
7.2.2 Company Snapshot
7.2.3 Business Performance
7.2.4 Key Strategic Moves and Developments
7.2.5 SWOT Analysis

7.3 Eagle View Technologies, Inc.

7.3.1 Company Overview
7.3.2 Company Snapshot
7.3.3 Key Strategic Moves and Developments
7.3.4 SWOT Analysis

7.4 Digital Aerial Solutions, LLC.

7.4.1 Company Overview
7.4.2 Company Snapshot
7.4.3 Key Strategic Moves and Developments
7.4.4 SWOT Analysis

7.5 Cooper Aerial Surveys Co.

7.5.1 Company Overview
7.5.2 Company Snapshot
7.5.3 Key Strategic Moves and Developments
7.5.4 SWOT Analysis

7.6 Landiscor Real Estate Mapping

7.6.1 Company Overview
7.6.2 Company Snapshot
7.6.3 Key Strategic Moves and Developments
7.6.4 SWOT Analysis

7.7 Kucera International Inc.

7.7.1 Company Overview
7.7.2 Company Snapshot
7.7.3 Key Strategic Moves and Developments
7.7.4 SWOT Analysis

7.8 GeoVantage, Inc.

7.8.1 Company Overview
7.8.2 Company Snapshot
7.8.3 Key Strategic Moves and Developments
7.8.4 SWOT Analysis

7.9 High Eye Aerial Imaging Inc.

7.9.1 Company Overview
7.9.2 Company Snapshot
7.9.3 SWOT Analysis

7.10 Eagle Aerial Solutions

7.10.1 Company Overview
7.10.2 Company Snapshot
7.10.3 SWOT Analysis

List of Figures

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP INVESTMENT POCKETS
FIG. 3 TOP WINNING STRATEGIES, 2012-2016
FIG. 4 VALUE CHAIN ANALYSIS
FIG. 5 PORTERS FIVE FORCES ANALYSIS
FIG. 6 MARKET SHARE ANALYSIS OF AERIAL IMAGING PROVIDERS (2015)
FIG. 7 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET, BY END-USER, 2015 & 2022
FIG. 8 WORLD AERIAL IMAGING MARKET IN GOVERNMENT SECTOR, REVENUE, 2014-2022 ($MILLION)
FIG. 9 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET IN GOVERNMENT SECTOR, BY GEOGRAPHY, 2015 & 2022 (%)
FIG. 10 WORLD AERIAL IMAGING MARKET IN ENERGY SECTOR, REVENUE, 2014-2022 ($MILLION)
FIG. 11 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET IN ENERGY, BY GEOGRAPHY, 2015 & 2022 (%)
FIG. 12 WORLD AERIAL IMAGING MARKET IN DEFENSE SECTOR, REVENUE, 2014-2022 ($MILLION)
FIG. 13 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET IN DEFENSE, BY GEOGRAPHY, 2015 & 2022 (%)
FIG. 14 WORLD AERIAL IMAGING MARKET IN AGRICULTURE & FORESTRY SECTOR, REVENUE, 2014-2022 ($MILLION)
FIG. 15 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET IN AGRICULTURE & FORESTRY SECTOR, BY GEOGRAPHY, 2015 & 2022 (%)
FIG. 16 WORLD AERIAL IMAGING MARKET IN CIVIL ENGINEERING & ARCHAEOLOGY SECTOR, REVENUE, 2014-2022 ($MILLION)
FIG. 17 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET IN CIVIL ENGINEERING & ARCHAEOLOGY SECTOR, BY GEOGRAPHY, 2015 & 2022 (%)
FIG. 18 WORLD AERIAL IMAGING MARKET IN MEDIA & ENTERTAINMENT SECTOR, REVENUE, 2014-2022 ($MILLION)
FIG. 19 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET IN MEDIA & ENTERTAINMENT SECTOR, BY GEOGRAPHY, 2015 & 2022
FIG. 20 WORLD AERIAL IMAGING MARKET IN OTHERS (INSURANCE, REAL ESTATE, TOURISM) SECTOR, REVENUE, 2014-2022 ($MILLION)
FIG. 21 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET IN OTHERS (INSURANCE, REAL ESTATE, TOURISM), BY GEOGRAPHY, 2015 & 2022
FIG. 22 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET BY APPLICATION, 2015 & 2022 (%)
FIG. 23 WORLD AERIAL IMAGING MARKET IN GEOSPATIAL MAPPING, 20142022 ($MILLION)
FIG. 24 WORLD AERIAL IMAGING MARKET IN GEOSPATIAL MAPPING, MARKET SHARE ANALYSIS, 2015 & 2022 (%)
FIG. 25 WORLD AERIAL IMAGING MARKET IN DISASTER MANAGEMENT, 20142022 ($MILLION)
FIG. 26 WORLD AERIAL IMAGING MARKET IN DISASTER MANAGEMENT, MARKET SHARE ANALYSIS, 2015 & 2022 (%)
FIG. 27 WORLD AERIAL IMAGING MARKET IN ENERGY & RESOURCE MANAGEMENT, 20142022 ($MILLION)
FIG. 28 WORLD AERIAL IMAGING MARKET IN ENERGY & RESOURCE MANAGEMENT, MARKET SHARE ANALYSIS, 2015 & 2022 (%)
FIG. 29 WORLD AERIAL IMAGING MARKET IN SURVEILLANCE & MONITORING, 20142022 ($MILLION)
FIG. 30 WORLD AERIAL IMAGING MARKET IN SURVEILLANCE & MONITORING, MARKET SHARE ANALYSIS, 2015 & 2022 (%)
FIG. 31 WORLD AERIAL IMAGING MARKET IN OTHER (HABITAT, POWER LINE, ADVERTISING, PHOTOGRAPHY) APPLICATIONS, 20142022 ($MILLION)
FIG. 32 WORLD AERIAL IMAGING MARKET IN OTHER (HABITAT, POWER LINE, ADVERTISING, PHOTOGRAPHY) APPLICATIONS, MARKET SHARE ANALYSIS, 2015 & 2022 (%)
FIG. 33 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AERIAL IMAGING MARKET BY GEOGRAPHY, 2015 & 2022 (%)
FIG. 34 NORTH AMERICA AERIAL IMAGING MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 35 COMPARATIVE MARKET SHARE ANALYSIS OF NORTH AMERICA AERIAL IMAGING MARKET BY COUNTRY, 2015 & 2022 (%)
FIG. 36 EUROPE AERIAL IMAGING MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 37 COMPARATIVE MARKET SHARE ANALYSIS OF EUROPE AERIAL IMAGING MARKET BY COUNTRY, 2015 & 2022 (%)
FIG. 38 ASIA-PACIFIC AERIAL IMAGING MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 39 COMPARATIVE MARKET SHARE ANALYSIS OF ASIA-PACIFIC AERIAL IMAGING MARKET BY COUNTRY, 2015 & 2022 (%)
FIG. 40 LAMEA AERIAL IMAGING MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 41 COMPARATIVE MARKET SHARE ANALYSIS OF LAMEA AERIAL IMAGING MARKET BY COUNTRY, 2015 & 2022 (%)
FIG. 42 BLOM ASA: REVENUE, 20122014 ($MILLION)
FIG. 43 BLOM ASA: REVENUE BY GEOGRAPHY, 2014
FIG. 44 BLOM ASA: SWOT ANALYSIS
FIG. 45 FUGRO EARTHDATA, INC: REVENUE, 20132015 ($MILLION)
FIG. 46 FUGRO EARTHDATA, INC: REVENUE BY PRODUCTS AND SERVICES, 2015
FIG. 47 FUGRO EARTHDATA, INC: REVENUE BY GEOGRAPHY, 2015
FIG. 48 FUGRO EARTHDATA, INC: SWOT ANALYSIS
FIG. 49 EAGLE VIEW TECHNOLOGIES, INC: SWOT ANALYSIS
FIG. 50 DIGITAL AERIAL SOLUTIONS, LLC: SWOT ANALYSIS
FIG. 51 COOPER AERIAL SURVEYS CO: SWOT ANALYSIS
FIG. 52 LANDISCOR REAL ESTATE MAPPING: SWOT ANALYSIS
FIG. 53 KUCERA INTERNATIONAL INC: SWOT ANALYSIS
FIG. 54 GEOVANTAGE, INC: SWOT ANALYSIS
FIG. 55 HIGH EYE AERIAL IMAGING INC: SWOT ANALYSIS
FIG. 56 EAGLE AERIAL SOLUTIONS: SWOT ANALYSIS

List of Tables

TABLE 1 WORLD AERIAL IMAGING MARKET, BY END-USER, 2014-2022 ($MILLION)
TABLE 2 WORLD AERIAL IMAGING MARKET IN GOVERNMENT, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 3 WORLD AERIAL IMAGING MARKET IN ENERGY, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 4 WORLD AERIAL IMAGING MARKET IN DEFENSE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 5 WORLD AERIAL IMAGING MARKET IN AGRICULTURE & FORESTRY, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 6 WORLD AERIAL IMAGING MARKET IN CIVIL ENGINEERING & ARCHAEOLOGY, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 7 WORLD AERIAL IMAGING MARKET IN MEDIA & ENTERTAINMENT SECTOR, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 8 WORLD AERIAL IMAGING MARKET IN OTHER SECTORS (INSURANCE, AND TOURISM), BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 9 WORLD AERIAL IMAGING MARKET, BY APPLICATION, 2014-2022 ($MILLION)
TABLE 10 WORLD AERIAL IMAGING MARKET IN GEOSPATIAL MAPPING APPLICATION, BY GEOGRAPHY, 20142022 ($MILLION)
TABLE 12 WORLD AERIAL IMAGING MARKET IN DISASTER MANAGEMENT APPLICATION, BY GEOGRAPHY, 20142022 ($MILLION)
TABLE 13 WORLD AERIAL IMAGING MARKET IN ENERGY & RESOURCE MANAGEMENT APPLICATION, BY GEOGRAPHY, 20142022 ($MILLION)
TABLE 14 WORLD AERIAL IMAGING MARKET IN SURVEILLANCE & MONITORING APPLICATION, BY GEOGRAPHY, 20142022 ($MILLION)
TABLE 15 WORLD AERIAL IMAGING MARKET IN OTHERS (HABITAT, POWER LINE, ADVERTISING, PHOTOGRAPHY) APPLICATION, BY GEOGRAPHY, 20142022 ($MILLION)
TABLE 16 WORLD AERIAL IMAGING MARKET, BY GEOGRAPHY, 20142022 ($MILLION)
TABLE 17 NORTH AMERICAN AERIAL IMAGING MARKET REVENUE, BY COUNTRY, 20142022 ($MILLION)
TABLE 18 EUROPE AERIAL IMAGING MARKET REVENUE, BY COUNTRY, 20142022 ($MILLION)
TABLE 19 ASIA-PACIFIC AERIAL IMAGING MARKET REVENUE, BY COUNTRY, 20142022 ($MILLION)
TABLE 20 LAMEA AERIAL IMAGING MARKET REVENUE, BY COUNTRY, 20142022 ($MILLION)
TABLE 21 BLOM ASA: COMPANY SNAPSHOT
TABLE 22 FUGRO EARTHDATA INC: COMPANY SNAPSHOT
TABLE 23 EAGLE VIEW TECHNOLOGIES, INC: COMPANY SNAPSHOT
TABLE 24 DIGITAL AERIAL SOLUTIONS, LLC: COMPANY SNAPSHOT
TABLE 25 COOPER AERIAL SURVEYS CO: COMPANY SNAPSHOT
TABLE 26 LANDISCOR REAL ESTATE MAPPING: COMPANY SNAPSHOT
TABLE 27 KUCERA INTERNATIONAL INC: COMPANY SNAPSHOT
TABLE 28 GEOVANTAGE, INC: COMPANY SNAPSHOT
TABLE 29 HIGH EYE AERIAL IMAGING INC: COMPANY SNAPSHOT
TABLE 30 EAGLE AERIAL SOLUTIONS: COMPANY SNAPSHOT

 

Aerial imaging captures photographs of ground surfaces through cameras mounted on aircraft, helicopters, balloons, rockets, kites, skydives, and airships. It helps in systematic collection, analysis, and management of geographical information. Government sector is one of the major end-users, which has adopted aerial imaging technology for various applications such as geospatial mapping, security & surveillance, green mapping, town planning, resource management, land & property information collection, and disaster & emergency response management. The demand of aerial imaging for geospatial mapping, especially 2D mapping and 3D modelling, is expected to increase during the forecast period. Aerial imaging is used for the development of orthomosiacs, contour maps, planemetric features, and 3D vegetation modeling, and others in the agriculture sector. Many companies such as MENCI Software, Pix4D and DroneMapper offer geospatial mapping services in the market. Technologically advanced software such as Agisoft Photo Scan by Agisoft LLC provide virtual reality through maps, which accelerates the growth of aerial imaging market. Moreover, the need for capturing images and videos of vulnerable areas further boosts the adoption of aerial imaging in other end-user segments such as media & entertainment, tourism, defense, and agriculture.

Government regulations for the use of aerial imaging technology with regards to national security in some regions such as North-America and Europe restrict the growth of the market. The aerial imaging market has experienced growth over the years with the introduction of new technologies such as GIS, LiDAR systems, wireless technologies, advanced motion, and temperature sensors. Also, developments in unmanned vehicles, and 360-degree cameras supplement the growth of this market. Leading players in the market collaborate with other vendors and enhance their product portfolios in an effort to increase their market potential in terms of geographic and customer base expansion. North-America is the major revenue-generating region in the world, with U.S. leading the market. This is primarily due to the increase in adoption of aerial imaging among defense, agriculture, and hospitality sectors in the region. In the near future, Asia-Pacific is expected to grow rapidly owing to its vulnerability towards natural disasters such as floods, earthquakes, cyclones, and others. In addition, there is high investment in defense and military sectors in countries including India, and China among others, leading to the adoption of aerial imaging in the region.

 

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