Aerial Imaging Market - Snapshot

Significant advancements are taking place in the aerial imaging market due to rapidly changing technologies and a rise in need for high accuracy in aerial imagery. Aerial imaging is the procedure of capturing images of the ground from a raised position, usually from a camera not held by a ground-based structure. The global aerial imaging market is estimated to reach a value of US$ 5,224.3 Mn by 2026 from US$ 1, 643.8 Mn in 2017, expanding at a CAGR of 13.8%.

Increase in the usage of aerial imagery in various sectors and rise in the popularity of location-based services are prominent drivers of the aerial imaging market. Aerial imagery or photography combines the unique features of cost-effectiveness and high precision for volume calculations, planning, route design, or the update of existing mapping. Aerial imaging has applications in many industries.This is likely to propel the global aerial imaging market in the coming years.

The aerial imaging market has been segmented based on camera orientation, platform, end-use industry, and region. Based on camera orientation, the market has been classified into vertical and oblique. The oblique segment has been further sub-categorized into high oblique and low oblique. In 2017, the oblique segment accounted for maximum market share. This is because oblique aerial photographs can reduce costs involved in planning, mapping, and inventorying. In vertical aerial imaging, the resulting image is a flat and map-like image of rooftops and canopies of buildings and structures being shot as well as the roads or other items that surround the subject.

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In terms of platform, the market can be classified into manned aircraft, unmanned aircraft systems (UAS), and others (air balloons, kites, parachutes, etc.). The manned aircraft systems segment has been further divided into fixed wing and rotary wing. In 2017, the UAS segment accounted for nearly half of the total market share, followed by manned aircraft systems. The UAS segment is estimated to expand at a rapid pace. Unmanned aircraft systems 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.

Based on end-use industry, the market can be classified into government, defense, sports & entertainment, forestry & agriculture, energy, research, construction & real estate, insurance and others. The government sector is expected to account for a major market share in 2026, while the insurance and construction & real estate segments are anticipated to expand at a robust growth rate during the forecast period. Increase in the usage of aerial imagery in various sectors is one of the prominent drivers of the aerial imaging market.

In terms of region, the global aerial imaging market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is estimated to be aglobal leader in the aerial imaging market, followed by Europe. The market in Asia Pacific is likely to expand at a moderate growth rate. Asia Pacific is expected to be an attractive region of the aerial imaging market during the forecast period owing to a rise in demand for aerial imagery services from the expanding defense, energy, and agricultural sectors in the region. Market demand is also picking up pace due to a high number of earthquakes in Asia Pacific.The construction & real estate industry in Middle East & Africa is estimated to expand at a significant pace due to the development of new products and services.The market in South America is expected to expand at a sluggish pace as compared to other regions.The demand for aerial imaging in South America is mainly driven by the region’s steadily expanding agricultural and industrial sectors.

The global aerial imaging market is led by players such as EagleView Technologies, Inc., Kucera International Inc, Landiscor Real Estate Mapping, NRC Group ASA, Nearmap Ltd., Verisk (Geomni), Keystone Aerial Surveys, Inc., Fugro N.V., Sanborn Map Company, Inc., Digital Aerial Solutions, LLC, Cooper Aerial Surveys Co., and GeoVantage, Inc, among others.

Aerial Imaging Market: Overview

This comprehensive report by Transparency Market Research analyzes and forecasts the aerial imaging market at the global and regional level. The report provides an analysis over the period 2016–2026, wherein 2018 to 2026 is the forecast period and the base year is 2017. An in-depth and unbiased market assessment has been made to offer readers in-depth and accurate analysis. The report emphasizes on all the major trends and factors playing a key role in the growth of the aerial imaging market during 2018 - 2026. It also focuses on market drivers, restraining factors, key market indicators, and opportunities of the aerial imaging market during the said period. The study provides a complete perspective about the aerial imaging market’s growth throughout the research study in terms of value (in US$ Mn) across various geographies, including Asia Pacific, South America, North America, Middle East & Africa (MEA), and Europe.

The report includes a detailed value chain analysis, which is focused on providing a widespread view of the global aerial imaging market. Porter’s Five Forces Analysis is also provided to understand the competitive scenario in the global aerial imaging market. The study incorporates the market attractiveness analysis, wherein the market segments, for instance different camera orientations, aerial imaging platforms, and significant end-use industry segments are benchmarked based on their market size, growth rate, and attractiveness in terms of opportunity. In order to offer a complete analysis of the overall competitive scenario in the aerial imaging market, every geographic region mentioned in the report is provided with attractiveness analysis.

The market overview chapter in the aerial imaging market report explains the market trends and dynamics which include the market drivers, restraining factors, and opportunities for the current and future aerial imaging market. A market outlook analysis has also been provided globally in the report. Additionally, the report provides analysis of different business strategies being adopted by market leaders of the aerial imaging market.The market introduction chapter helps in gaining an idea of different trends and developments related to aerial imaging along with their camera orientation types and various platforms.

Global Aerial Imaging Market: Scope of the Report

The study provides a decisive view on the global aerial imaging market by segmenting it on the basis of camera orientation into vertical and oblique. Oblique aerial imaging segment is further bifurcated into high oblique and low oblique. Classification on the basis of platform includes manned aircraft (fixed wing and rotary wing), unmanned aircraft systems (UAS), and others (air balloon, kites, parachutes, etc.). By end-use industry, the market has been classified intogovernment, defense, sports & entertainment, forestry & agriculture, energy, research, construction & real estate, and others. The report provides a detailed breakdown of the aerial imaging market region-wise and categorizes it at various levels, thus providing valuable insights at micro and macro levels.

The report highlights the competitive scenario within the aerial imaging market, thus ranking all the major players according to their key recent developments and their geographic presence. The insights for the aerial imaging market are the result of our extensive primary interviews, secondary research, and in-house expert panel reviews. These market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.

On the basis of country, the North America market is bifurcated into the U.S., Canada, and Rest of North America. Furthermore, the Europe market is analyzed across France, Germany, U.K., Italy, Spain, and Rest of Europe. The APAC aerial imaging market is also segmented at country level which includes China, Japan, India, Australia, Indonesia, and Rest of Asia Pacific. Middle East & Africa region covers Saudi Arabia, South Africa, and Rest of Middle East & Africa. Similarly, South America region includes Brazil and Rest of South America. This report provides all the strategic information required to understand the aerial imaging market along with its platforms, camera orientation and end-use industry. Also, the report provides insights related to the platforms, camera orientation, and different end-use industries according to the various geographical regions mentioned above.

Global Aerial Imaging Market: Research Methodology

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary sources such asannual reports, company websites, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, statistical databases, national statistics data, and industry white papers are usuallyreferred. Further, for this report we have specifically focused on data from the end user spending on aerial imagery and improvement in aerial imagery capture systems to enhance quality and resolution.

Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the aerial imaging market,across geographies. Primary interviews are usually conducted on an ongoing basis with industry expertsand participants in order to get latest market insights andvalidate the existing data and analysis. Primary interviews offernew and fresh information on important factors such as market trends, market size, competitive landscape,growth trends, etc. These factors help to validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.

Global Aerial Imaging Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global aerial imaging market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as investment & spending and developments by major players of the market are tracked. Some of the key players in the aerial imaging market are EagleView Technologies, Inc., Kucera International Inc, Landiscor Real Estate Mapping, NRC Group ASA, Nearmap Ltd., Verisk (Geomni), Keystone Aerial Surveys, Inc., Fugro N.V., Sanborn Map Company, Inc., Digital Aerial Solutions, LLC,  Cooper Aerial Surveys Co., and GeoVantage, Inc, among others.

The aerial imaging market has been segmented as follows

Global Aerial Imaging Market

By Camera Orientation

  • Vertical
  • Oblique
    • High Oblique
    • Low Oblique

By Platform

  • Manned Aircraft
    • Fixed Wing
    • Rotary Wing
  • Unmanned Aircraft Systems (UAS)
  • Others (Air Balloon, Kites, Parachutes, etc.)

By End-use Industry

  • Government
  • Defense
  • Sports & Entertainment
  • Forestry & Agriculture
  • Energy
  • Research
  • Construction & Real Estate
  • Insurance
  • Others (Mining, etc.)

By Geography

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
.