Global Aerial Imaging Market share|Market Size|Industry Trends|Market Insights|Market Forecast to 2026
The global Aerial Imaging market expected to reach $XX billion by 2026, at a CAGR of over 4% during the forecast period. This is mainly due to the rising popularity of location-based services and increasing application areas of aerial imagery.
(EMAILWIRE.COM, October 22, 2019 ) Market Overview
Aerial Imaging is a kind of photographs, mostly used for cartography, geospatial, movie production, environmental studies, power line inspection and other area. Aerial Imaging/Photography is taking photographs from a flying object or an aircraft. The platforms for aerial imaging include helicopter, UAV/Drones, balloons, blimps, rocket, kites, parachutes, airship or any flying aircraft.
Market Dynamics
The global Aerial Imaging market growth is primarily driven by increasing adoption of aerial imagery in multiple application areas, such as surveillance and monitoring, geospatial, energy and resource management, conservation and research, exhibition and live entertainment, disaster management, construction and development, and among others. In addition, 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.
For instance, EagleView is a technology provider of aerial imagery, data analytics and geographic information system solutions. EagleViews imagery solutions provide contractors on-the-go access with the EagleView App.
Market Segmentation
By Type, the global aerial imaging market is segmented into Fixed-Wing Aircraft, Helicopter, UAV/Drones, and others. In 2018, Fixed-Wing Aircraft and UAV/Drones segments together accounted for more than 70% market share. However, UAV/Drones segment is expected to witness higher CAGR over the forecasted period. UAV/Drones offer new opportunities to monitor remote areas, and their form factors and cost enables a higher frequency of data collection compared to aerial survey. Based on maps derived from aerial photographs of rough terrains and harsh climatic regions, several important decisions are regularly made by organizations. In such regions, only UAVs can capture aerial images.
By End-user industry, the global Aerial Imaging market is segmented into Government, Forestry and Agriculture, Food and beverages, Energy and Utilities, Military and Defense, and Others. In 2018, Government segment accounted for the majority share in the market. However, forestry and agriculture segment is expected to grow faster due to the developments in technology for precision agriculture practices through mapping of various factors such as crop & soil health, quality, and moisture content.
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Geographical Analysis
By geography, the global Aerial Imaging Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
In 2018, North America dominated the global aerial imaging market. Growing military and defense expenditure; emerging applications, such as augmented and virtual reality and IoT; and need of new technologies and innovations will further drive the market during the forecast period. In addition, rising implementation of aerial imaging in agriculture and forestry industry for improved decision making will also play a major role in the growth of the North America Aerial Imaging Market.
However, APAC is anticipated to exhibit the highest CAGR over the forecast period. This is due to the implementation of innovative platforms such as drones and UAVs for gathering the required data from a high-resolution aerial image captured. Further, the rising awareness regarding the advantages of utilizing aerial imaging for urban planning, surveillance and monitoring, and disaster management, backed up with the increasing affordability of capturing aerial images is predicted to promote growth.
Competitive Analysis
Global Aerial Imaging Market is fragmented with the presence of global and regional players in the market. The market players in the Aerial Imaging market are focusing on expanding through strategic interventions, such as acquisitions, collaborations, expansion and launching advanced products in the Aerial Imaging market.
Some major players in the market are Airobotics, NRC Group ASA, DroneDeploy, Fugro N.V., 3D Robotics, Digital Aerial Solutions LLC, EagleView Technologies, Inc., Nearmap Ltd., Cooper Aerial Surveys Co., GeoVantage Inc., Landiscor Real Estate Mapping, Kucera International Inc., and among others.
In 2018, EagleView completes $90M acquisition of Australian aerial imagery firm Spookfish.
Read Full Report Summary: https://www.datamintelligence.com/research-report/aerial-imaging-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Aerial Imaging is a kind of photographs, mostly used for cartography, geospatial, movie production, environmental studies, power line inspection and other area. Aerial Imaging/Photography is taking photographs from a flying object or an aircraft. The platforms for aerial imaging include helicopter, UAV/Drones, balloons, blimps, rocket, kites, parachutes, airship or any flying aircraft.
Market Dynamics
The global Aerial Imaging market growth is primarily driven by increasing adoption of aerial imagery in multiple application areas, such as surveillance and monitoring, geospatial, energy and resource management, conservation and research, exhibition and live entertainment, disaster management, construction and development, and among others. In addition, 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.
For instance, EagleView is a technology provider of aerial imagery, data analytics and geographic information system solutions. EagleViews imagery solutions provide contractors on-the-go access with the EagleView App.
Market Segmentation
By Type, the global aerial imaging market is segmented into Fixed-Wing Aircraft, Helicopter, UAV/Drones, and others. In 2018, Fixed-Wing Aircraft and UAV/Drones segments together accounted for more than 70% market share. However, UAV/Drones segment is expected to witness higher CAGR over the forecasted period. UAV/Drones offer new opportunities to monitor remote areas, and their form factors and cost enables a higher frequency of data collection compared to aerial survey. Based on maps derived from aerial photographs of rough terrains and harsh climatic regions, several important decisions are regularly made by organizations. In such regions, only UAVs can capture aerial images.
By End-user industry, the global Aerial Imaging market is segmented into Government, Forestry and Agriculture, Food and beverages, Energy and Utilities, Military and Defense, and Others. In 2018, Government segment accounted for the majority share in the market. However, forestry and agriculture segment is expected to grow faster due to the developments in technology for precision agriculture practices through mapping of various factors such as crop & soil health, quality, and moisture content.
Download Free sample: https://www.datamintelligence.com/download-sample/aerial-imaging-market
Geographical Analysis
By geography, the global Aerial Imaging Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
In 2018, North America dominated the global aerial imaging market. Growing military and defense expenditure; emerging applications, such as augmented and virtual reality and IoT; and need of new technologies and innovations will further drive the market during the forecast period. In addition, rising implementation of aerial imaging in agriculture and forestry industry for improved decision making will also play a major role in the growth of the North America Aerial Imaging Market.
However, APAC is anticipated to exhibit the highest CAGR over the forecast period. This is due to the implementation of innovative platforms such as drones and UAVs for gathering the required data from a high-resolution aerial image captured. Further, the rising awareness regarding the advantages of utilizing aerial imaging for urban planning, surveillance and monitoring, and disaster management, backed up with the increasing affordability of capturing aerial images is predicted to promote growth.
Competitive Analysis
Global Aerial Imaging Market is fragmented with the presence of global and regional players in the market. The market players in the Aerial Imaging market are focusing on expanding through strategic interventions, such as acquisitions, collaborations, expansion and launching advanced products in the Aerial Imaging market.
Some major players in the market are Airobotics, NRC Group ASA, DroneDeploy, Fugro N.V., 3D Robotics, Digital Aerial Solutions LLC, EagleView Technologies, Inc., Nearmap Ltd., Cooper Aerial Surveys Co., GeoVantage Inc., Landiscor Real Estate Mapping, Kucera International Inc., and among others.
In 2018, EagleView completes $90M acquisition of Australian aerial imagery firm Spookfish.
Read Full Report Summary: https://www.datamintelligence.com/research-report/aerial-imaging-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +918774414866
Email us
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DataM Intelligence
Sai Kiran
Tel: +918774414866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results