With recent improvements in mapping technology, the Global Aerial Imaging Market is anticipated to witness robust growth. In a report, titled “Aerial Imaging Market Size, Share and Global Trend By Camera Orientation (Oblique, Vertical), Platform (Fixed-Wing Aircraft, Helicopter, UAV/Drones), End-Use Industry (Government, Energy Sector, Defense, Forestry and Agriculture, Real Estate, Civil Engineering, Insurance) And Geography Forecast till 2025”.
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Fortune Business Insights identifies various factors enabling growth in the market. As per the report, the global aerial imaging market is anticipated to exhibit 14.2% CAGR and reach a valuation of US$ 4,125.2 Mn by the end of 2025 from US$ 1,439.3 Mn in 2017.
Forestry and Agriculture Sector to Dominate Market
Among end users in the market, the report forecasts the government and real estate and the forestry and agriculture sectors to exhibit a higher demand for aerial imaging during the forecast period. Besides this, the rising need for resource and energy management and increasing construction and development activities will create lucrative growth opportunities for the market in the coming years.
Aerial photography and videography can be used for archaeological researches as well, which helps researchers to explore ancient landscapes and historical sites. This is likely to be among the primary factors propelling the growth of the market. This, coupled with the increasing adoption of PAMS or Personal Aerial Mapping Systems will create better growth opportunities for aerial imaging in the market.
Real Estate Businesses to Exhibit Higher Demand for Aerial Imaging
Aerial photography is both cost efficient and has creative application. This as per Fortune Business Insights is fueling the uptake of aerial imaging in for property advertising as well. Property dealers can use aerial photographs to strike a good deal for their properties. Spurred by this, the market will also gain momentum in the coming years.
Geographically, the market for aerial photography is dominated by North America on account of the increasing implementation of innovative technologies such as drones and UAVs. For instance, aerial images have high resolution and better clarity, which are fueling their demand across diverse industries.
Moreover, increase in awareness about the advantages of using aerial images for urban planning, monitoring, and surveillance is prognosticated to create better growth opportunities for the global market. Besides this, Asia Pacific is expected to show faster growth during the forecast period. The demand for capturing clear aerial images in emergency cases such as disaster management will also help to augment the market in Asia Pacific.
Top Players List:
- 3D Robotics
- Fugro-Suhaimi Ltd.
Major Segments Mentioned:
- By Camera Orientation
- By Platform
- By End-Use Industry
- By Geography
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to rising adoption of sedentary lifestyle in nations such as India and China.
Table of Content
1.3.Research Methodology and Assumptions
- Executive Summary
- Market Dynamics
4.1.Global Market Overview
4.2.Macro and Micro Economic Indicators
4.3.Emerging Market Trends
4.4.Industry SWOT Analysis
5.Global Aerial Imaging Market Analysis,Insights and Forecast, 2014-2025
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