The global aerial Imaging market was assessed at USD 1.6 billion in 2021 and is anticipated to grow by USD 1.83 billion in 2022 and USD 3.55 billion by 2027, with a CAGR of 14.2% throughout the forecast period.
Aerial imaging combines the main features of high precision and cost-effectiveness for volume-based calculations, route design, urban planning, and updating existing maps. Also, the increasing popularity of location-based services and the growing areas of aerial imaging applications are major market drivers. Furthermore, incorporating advanced technologies, such as LiDAR systems, 360-degree vision cameras, and the geographic information system should open the door to new growth opportunities in the global market.
Impact of COVID-19 on the global aerial Imaging market:
As the COVID-19 pandemic continues worldwide, many global defense and aerospace companies feel the impact during this uncertain time. This article discusses concerns about the short, medium, and long-term disruption that COVID-19 will have in the industry, including aircraft manufacturing and defense, and the next steps that can be taken to react, recover and prosper. While airlines have yet to keep the planes stationary, secondary market revenue will drop dramatically as revisions are postponed saving money, and hourly maintenance pillar contracts follow the schedule and the ability to drop. As airlines make model recall decisions and re-evaluate their fleet needs, aircraft production and after-sales services will need to be reassessed to account for long-term changes in demand. Defense markets, and their dependent supply networks, remain strong in demand, with governments that facilitate supply processes and offer better payment terms. Although considered an actual state of the infrastructure industry in many countries, defense contractors worldwide face deadlocks.
The growth of the global aerial imaging market is underpinned by growing demand from various sectors. Agriculture uses aerial photography to observe effective changes in crop yield, crop health management, and improved soil condition. The defense sector needs aerial imaging services to protect border areas and prepare cartographic structures. Besides, applications for end-users like research and exploration, archaeological studies, mining, oil and gas, and resource management promote the implementation of these aerial imaging services.
The aerial imaging market is still in its initial growth phase, and the increase in application areas is expected to spur market growth during the outlook period. Furthermore, the development of electronic media, technological advancements in wireless applications, the adoption of smartphones, and the Internet of Things (IoT) applications have resulted in various companies offering location-based services.
Confidentiality issues and national security regulations are expected to negatively impact global aerial imaging market trends in the coming years.
Market Size Available
2021 to 2027
2022 to 2027
By Platform, Imaging Type, Application, End-Use, and Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa
This research report on the global aerial imaging market has been segmented and sub-segmented based on the platform, imaging type, application, end-use, and region.
Aerial Imaging Market - By Platform:
The UAV/drone segment is foreseen to register the most substantial share of around 78% in the global aerial imaging market by 2027 due to the wide adoption of aerial photography applications by the government and defense sectors. Furthermore, as drones offer a practical imaging alternative to capture aerial photographs in urban areas, government agencies are increasingly adopting these platforms for police and criminal investigation purposes.
Conversely, since helicopter-mounted camera platforms are costly compared to drones, their adoption of aerial imaging should experience a steady decline. This tremendous growth can be attributed to the advantages of oblique imaging to assess the heights of buildings during realistic 3D City Models' texture. The key advantage of using oblique images is the ability to visualize the ground elements generally obstructed in vertical views by taller structures or vegetation.
Aerial Imaging Market - By Imaging Type:
Aerial Imaging Market - By Application:
The disaster management applications in the global aerial imaging market are expected to show a lucrative CAGR of approximately 16% by 2027 due to the increasing adoption of aerial imaging platforms to assess the extent of damage caused by natural disasters. As climate change has increased the number of natural disaster incidents worldwide over the past four decades, the need for effective damage assessment measures has increased significantly. As a result, drones are increasingly used after disasters, such as storms and forest fires, to respond to timely repair and rescue needs.
Aerial Imaging Market - By End-Use:
End-users of agriculture will see huge gains until 2027 due to technological advancements in drone rigs and sensor technologies to aid precision agricultural functions by mapping various parameters such as vegetation health, soil health, and fertility levels. Some of the applications in which aerial imaging aids are precision farming operations like irrigation scheduling, pesticide application, seasonal analysis, and evaluation of the effectiveness of crops.
Aerial Imaging Market - By Region:
The aerial imaging market in the Asia Pacific is expected to grow more than 16% during the outlook period, spurred by increased awareness of the value of aerial imaging among developing countries. Furthermore, the adoption of aerial photography platforms will rapidly increase in the region due to the increased affordability of aerial imaging capture due to the advent of low-cost drone platforms. Furthermore, with the widespread use of drones for aerial imaging in countries like China and Japan and the increasing popularity of smart cities in emerging economies like India, the market is expected to grow considerably in the APAC locale.
Some noteworthy players operating in the global aerial imaging market include PrecisionHawk, Getmapping, Cooper Aerial Surveys, Kucera International, DJI, GeoVantage, Fugro, DroneDeploy, 3D Robotics, Airobotics, Digital Aerial Solutions, Nearma, Eagle View Technologies, and Google. Cooper Aerial Surveys had the largest share of the Aerial Imaging Market in terms of sales and revenue in 2017.
Top of Form
Bottom of Form
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Aerial Imaging Market, By Platform
6.1.3 Fixed-wing Aircraft
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Aerial Imaging Market, By Application
6.2.1 Conservation & Research
6.2.2 Urban Planning
6.2.3 Surveillance & Monitoring
6.2.4 Energy & Resource Management
6.2.5 Disaster Management
6.2.6 Geospatial Mapping
6.2.7 Market Size Estimations & Forecasts (2019-2024)
6.2.8 Y-o-Y Growth Rate Analysis
6.2.9 Market Attractiveness Index
6.3 Aerial Imaging Market, By Imaging Type
6.3.1 Oblique Imaging
6.3.2 Vertical Imaging
6.3.3 Market Size Estimations & Forecasts (2019-2024)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Aerial Imaging Market, By End-Use
6.4.1 Oil & Gas
6.4.2 Archaeology & Civil Engineering
6.4.3 Agriculture & Forestry
6.4.4 Military & Defense
6.4.7 Market Size Estimations & Forecasts (2019-2024)
6.4.8 Y-o-Y Growth Rate Analysis
6.4.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Platform
7.2.3 By Application
7.2.4 By Imaging Type
7.2.5 By End-Use
7.3.1 By Country
188.8.131.52 Rest of Europe
7.3.2 By Platform
7.3.3 By Application
7.3.4 By Imaging Type
7.3.5 By End-Use
7.4 Asia Pacific
7.4.1 By Country
184.108.40.206 South Korea
220.127.116.11 South East Asia
18.104.22.168 Australia & NZ
22.214.171.124 Rest of Asia-Pacific
7.4.2 By Platform
7.4.3 By Application
7.4.4 By Imaging Type
7.4.5 By End-Use
7.5 Latin America
7.5.1 By Country
126.96.36.199 Rest of Latin America
7.5.2 By Platform
7.5.3 By Application
7.5.4 By Imaging Type
7.5.5 By End-Use
7.6 Middle East and Africa
7.6.1 By Country
188.8.131.52 Middle East
7.6.2 By Platform
7.6.3 By Application
7.6.4 By Imaging Type
7.6.5 By End-Use
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.3 Cooper Aerial Surveys
8.4 Kucera International
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
As per our research report, the global aerial imaging market is projected to reach USD 3.55 billion by 2027.
Geographically, the APAC region registered the fastest growth from 2022 to 2027.
Yes, we have studied and included the COVID-19 impact on the global aerial imaging market in this report.
PrecisionHawk, Getmapping, Cooper Aerial Surveys, Kucera International, DJI, GeoVantage, Fugro, DroneDeploy, 3D Robotics, Airobotics, Digital Aerial Solutions, Nearma, Eagle View Technologies, and Google are some of the key players in the aerial imaging market.
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