Aerial Imaging Market and its Future Outlook During the Period of 2017 – 2022

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Aerial Imaging

Summary: “Aerial Imaging Market” includes Market Size, Share, Trends, Growth, Demand, Supply, Application, production, capacity utilization, supply, Analysis and Forecast

The adoption of aerial imaging has increased in various sectors such as agriculture & forestry, energy & resource management, tourism, research, and media & entertainment among others. In addition, adoption of location-based services (LBS) for navigation & remote monitoring is expected to drive the growth of the aerial imaging market. However, use of satellite imagery as an alternative, and stringent government regulations regarding national security restrain the market growth. Advancement in imaging technologies and equipment such as 360-degree vision cameras, UAVs, LiDAR systems, 3D mapping software would provide numerous opportunities for the growth and development of the aerial imaging market.

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The application of geospatial mapping is projected to maintain its dominance in the overall aerial imaging market during the forecast period due to the increasing use of aerial imaging in the formation of enhanced, digitally scanned, and multidimensional maps & charts of earths surface. These maps are used by experts for study of land-use pattern, archaeological sites, environmental conditions, and others. Furthermore, the others segment comprising habitat, power line, advertising, & photography is anticipated to grow at a CAGR of 14.3% during the forecast period due to the growth in adoption of aerial imaging among advertising, film shooting, commercial photography, habitat distribution, and power line & substation management.

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Blom ASA, Eagle View Technologies, Inc., Digital Aerial Solutions, LLC, Cooper Aerial Surveys Co., Landiscor Aerial Information, BLOMASA, and Kucera International Inc. are some of the prominent players in the market. Market players have focused on product launch and partnerships for strengthening their position in the market. For instance, In October 2015, Fugro Earthdata, Inc. signed a contract with National Grid, one of the biggest energy management companies in the global to offer aerial mapping services for electricity transmission systems.

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