Published Date: May 2018 | Report ID: GMI105 | Authors: Ankita Bhutani, Preeti Wadhwani



Report Format: PDF | Pages: 300 | Base Year: 2017

Industry Trends

Aerial Imaging Market size surpassed USD 1.7 billion in 2017 and is poised to grow at over 12% CAGR between 2018 and 2024. Growing popularity of UAVs for aerial photography applications and increasing incidents of natural disasters will drive the market growth.



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The growing adoption of aerial imaging systems in military & defense applications is expected to majorly contribute to the aerial imaging industry demand. For mission simulation functions in defense applications, the data gathered through aerial imaging platforms is used to create flight simulation environments, wherein aircraft pilots can get accustomed to the actual terrain conditions on the field. The pilots can effectively compose flight routes using the aerial imagery data to maximize the outcome of their combat operations.



Aerial Imaging Market Report Coverage Report Coverage Details Base Year: 2017 Market Size in 2017: 1.7 Billion (USD) Historical Data for: 2013 to 2017 Forecast Period: 2018 to 2024 Forecast Period 2018 to 2024 CAGR: 12% 2024 Value Projection: 4 Billion (USD) Pages: 300 Tables, Charts & Figures: 298 Geographies covered (19): U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, India, Japan, South Korea, Australia & New Zealand, Brazil, Mexico, Argentina, GCC, Israel, South Africa Segments covered: Platform, Imaging Type, Application, End Use and Region Companies covered (22): 3D Robotics Inc., AeroVironment, Inc., Airobotics, Cooper Aerial Surveys Co., CYBERHAWK INNOVATIONS LIMITED, Digital Aerial Solutions, LLC, DJI, DroneDeploy, Eagle View Technologies, Inc., Fugro N.V., GeoVantage, Inc., Getmapping PLC, Global UAV Technologies, Google Inc., Hoverfly Technologies, Inc., Kucera International Inc., Landiscor Aerial Information, Nearmap Ltd., NRC Group ASA, PrecisionHawk, senseFly (Parrot Group), Yuneec International Growth Drivers: Rapidly growing popularity of UAVs for aerial imaging

Increasing usage of aerial imaging in defense applications

Growing incidents of natural disasters

Consistent advancements in aerial camera systems

Venture capital investment in drone technology Pitfalls & Challenges: Security and privacy concerns

Stringent aviation regulatory policies

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Market by Platform

The UAV/drone segment is expected to hold the majority aerial imaging market share of around 78% by 2024 due to extensive adoption of the platform for aerial photography applications by the government and defense sectors. As drones offer a convenient imaging alternative for capturing aerial photographs in urban areas, government agencies are increasingly adopting these platforms for law enforcement and crime investigation purposes.



The platform is also expected to gain significant acceptance for smart city management applications in the government sector over the forecast timeline. Contrarily, as helicopter-mounted camera platforms are highly expensive compared to UAVs, their adoption for aerial imaging is slated to witness a steady decline.



Market by Imaging Type

The oblique imaging segment is predicted to account for over 43% market revenue share by 2024. This excellent growth can be attributed to benefits of oblique imagery in assessing building heights during the realistic texturing of 3D city models. The key advantage of using oblique imaging is the possibility to clearly view elements on the ground that are usually occluded in the vertical views by higher structures or vegetation.



Market by Application

The disaster management application segment in the aerial imaging market is set to exhibit a lucrative CAGR of approx. 16% till 2024 owing to increasing adoption of aerial imaging platforms for assessing the magnitude of damage caused by natural disasters.



As climate change has resulted in an increase in the number of natural disaster incidents around the world over the past four decades, the need for effective damage assessment measures has increased considerably. Drones are being increasingly employed after the occurrence of disasters, such as storms and wildfires, to address the repair and relief requirements in a timely manner.



Market by End Use

The agriculture end-users will witness high gains through 2024 on account of technological advancements in drone platforms and sensor technologies for assisting precision agriculture functions through the mapping of different parameters such as vegetation health, soil health, and fertility levels.



Some of the applications where aerial imaging helps precision agriculture operations include irrigation scheduling, scheduling of pesticide application, in-season analysis, and evaluation of the effectiveness of fertilizer applications.



Market by Region

Asia Pacific aerial imaging market is projected to register over 16% growth during the forecast period impelled by increasing awareness reading the utility of aerial imaging among developing countries in the region. Due to increased affordability of capturing aerial images resulting from the advent of low-cost drone platforms, the adoption of aerial photography platforms will increase rapidly in the region.



Also, with the large-scale utilization of UAVs for aerial imaging purposes in countries including China and Japan and the increasing popularity of smart cities in emerging economies such as India, the market is expected to grow substantially across the APAC region.



Competitive Market Share

The companies operating in the market are emphasizing on incorporating advanced capabilities in their imaging platforms through modern analytics and image processing solutions. Such solutions are enabling customers to derive images/maps with a diverse range of parameters useful in applications such as agriculture, energy resource assessment & management, and environmental conservation and research.



Some of the major players in the market include Cooper Aerial Surveys, Google, Eagle View Technologies, Kucera International, Nearmap, Digital Aerial Solutions, Airobotics, 3D Robotics, DroneDeploy, Fugro, GeoVantage, DJI, Getmapping, and PrecisionHawk.



The market research report on aerial imaging includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024 , for the following segments:



By platform

Fixed-wing aircraft

Helicopter

UAV/drone

By Imaging Type

Vertical imaging

Oblique imaging

By Application

Geospatial mapping

Disaster management

Energy & resource management

Surveillance & monitoring

Urban planning

Conservation and research

By End Use

Government

Energy

Military & defense

Agriculture & forestry

Archaeology & civil engineering

Oil & gas

The above information has been provided for the following regions and countries :

North America U.S. Canada

Europe UK Germany France Italy Spain Netherlands

Asia Pacific China Japan Australia & New Zealand South Korea India

Latin America Brazil Mexico Argentina

Middle East & Africa GCC Israel South Africa





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