Pune, India, Oct. 26, 2022 (GLOBE NEWSWIRE) — The world Aerial Imagery Market the size was US$1,439.3 million in 2018 should reach $4,125.2 million by the end of 2025presenting a CAGR of 14.2% during the forecast period from 2018 – 2025. According to a report published by Fortune Business Insights, “Aerial Imaging Market Size, Share, and Industry Analysis by Camera Orientation (Oblique, Vertical), Platform (Fixed-wing Aircraft, Helicopter, UAV/ drones), End-Use Industry (Government, Energy Sector, Defence, Forestry & Agriculture, Real Estate, Civil Engineering, Insurance) & Regional Forecast, 2018-2025 »

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List of companies featured in the report:

  • Airobotics
  • NRC ASA Group
  • DroneDeployment
  • Fugro S.A.
  • 3D robotics
  • Digital Air Solutions LLC
  • EagleView Technologies, Inc.
  • Nearmap Ltd.
  • Cooper Aerial Surveys Co.
  • GeoVantage Inc.
  • Landiscor Real Estate Mapping
  • Kucera International Inc.

Report Scope and Segmentation-

Report cover Details
Forecast period 2018 to 2025
Forecast Period CAGR 2025 14.2%
2025 value projection $4125.2 million
base year 2017
Market size in 2018 $1439.3 million
Historical data for 2014 to 2016
Number of pages 140
Segments Covered By camera orientation, by platform, by end-use sector
Growth engine The forestry and agricultural sector will dominate the market

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Main drivers:

“The forestry and agricultural sector will dominate the market”

Among end-users in the market, the report predicts that government and real estate as well as forestry and agricultural sectors will show higher demand for aerial imagery during the forecast period. Furthermore, growing need for resource and energy management and increase in construction and development activities will create lucrative growth opportunities for the market in the coming years.

Likewise, based on camera orientation, the oblique imaging segment is likely to experience higher demand compared to its vertically oriented counterpart. Indeed, the use of aerial imagery can help reduce the cost of inventory, mapping and planning. Such factors can bode well for the aerial imagery market in the long run.

Aerial photography and videography can also be used for archaeological research, helping researchers explore ancient landscapes and historic sites. This is probably one of the major 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 imagery in the market.

Real estate businesses will show increased demand for aerial imagery

Aerial photography is both cost effective and has creative applications. According to Fortune Business Insights, this is also fueling the adoption of aerial imagery for real estate advertising. Property dealers can use aerial photography to get a good deal for their properties. Boosted by this, the market is also going to gain momentum in the coming years.

Geographically, the aerial photography market is dominated by North America owing to the increasing implementation of innovative technologies such as drones and UAVs. For example, aerial images have high resolution and better clarity, which fuels their demand in various industries. Additionally, increased awareness of the benefits of using aerial imagery for urban planning, monitoring and surveillance is expected to create better growth opportunities for the global market. Also, Asia-Pacific is expected to show faster growth during the forecast period. The demand for capturing clear aerial images in emergencies such as disaster management will also help increase the market in the Asia-Pacific region.

Regional analysis:

The growth of the global aerial imagery market is dominated by North America, mainly due to the increasing implementation of aerial imagery in the agriculture and forestry industry for better decision making. The global North America market generated revenue of US$683.7 million in 2017 and is expected to dominate the market throughout the forecast period. In terms of growth rate, the global market in the Asia-Pacific region is expected to show the fastest growth rate during the forecast period.

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Detailed Table of Contents:

    • Introduction
      • Search scope
      • Market segmentation
      • Research methodology and assumptions
    • Summary
    • Market dynamics
      • Market factors
      • Market constraints
      • Market opportunities
    • key ideas
      • Global market overview
      • Macro and micro economic indicators
      • Emerging Market Trends
      • Industry SWOT Analysis
    • Global Aerial Imaging Market Analysis, Outlook and Forecast, 2014-2025
      • Definitions
      • Main results/summary
      • Market Analysis, Outlook and Forecast – By Camera Orientation
      • Oblique down
      • Market Analysis, Insights & Forecasts – By Platform
        • Fixed-wing aircraft
        • Helicopter
        • UAVs/drones
        • Others
      • Market Analysis, Outlook and Forecast – By End-Use Industry
        • Government
        • Energy sector
        • Defense
        • Forestry and agriculture
        • Immovable
        • Public works
        • Insurance
        • Others
      • Market Analysis, Outlook and Forecast – By Geography
        • North America
        • Europe
        • Asia Pacific
        • Latin America
        • Middle East and Africa

TOC Continued…!

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