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Aerial Imaging Market Analysis and Forecasts, 2016 to 2024


The global aerial imaging market is projected to reach USD 3.3 billion by 2024. It will grow at an estimated 13.5% CAGR over the forecast phase (2016-2024). – PowerPoint PPT presentation

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Title: Aerial Imaging Market Analysis and Forecasts, 2016 to 2024

Your Catalyst to a Lucrative Business Aerial
Imaging Market Share, Size, Analysis, Growth,
Trends and Forecasts to 2024 Hexa Research
" The global Aerial Imaging Market is projected
to reach USD 3.3 billion by 2024. It will grow at
an estimated 13.5 CAGR over the forecast phase
(2016- 2024)."
The global Aerial Imaging Market is projected to
reach USD 3.3 billion by 2024. Aerial imaging
involves capturing images of the ground using
unmanned aerial vehicles (UAVs), helicopters,
dirigibles, blimps, kites, and parachutes. It
provides useful information for volume
calculation map renovations, planning, and route
Factors driving the market are popularity of
aerial images and the need for geospatial
information in various fields. It derives much of
its demand from forestry agriculture and other
commercial sectors. Advances in technology such
as LiDAR (Light Detection and Ranging), IMU
(Inertial Measurement Unit) and airborne
GPS (global positioning system) can boost market
growth during the forecast period (2016-2024).
Camera technologies such as Microsofts Hawk
Eagle and Vexcel Imagings UltraCam Osprey can
fuel industry demand. But security concerns and
operational issues can impede growth.
The worldwide Aerial Imaging Market is segmented
according to applications and regions.
Insurance, government, military defense,
agricultural forestry, GIS (geographical
information system), civil engineering,
commercial, and energy are the key application
areas. Military defense will exceed USD
250 million by 2024. UAVs and Personal Aerial
Mapping System (PAMS) are used by the military
for reconnaissance missions. These systems are
also employed in ground-based commercial
applications. PAMS provide detailed photographs
of surfaces at affordable costs.
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UAVs can be deployed even in highly dangerous
military operations, since these can execute
accurate and repetitive commands in unfavorable
settings. Farmers use UAVs to monitor their
fields and crops. The insurance sector uses it to
survey damages after floods or hurricanes and
thus settle claims. Energy companies use aerial
imagery to inspect transmission lines, gather
data from solar wind power plants, and provide
additional security to these plants.
Government applications are estimated to cross
over USD 950 million by 2024. The government
sector uses drones for urban planning, energy
management, environmental planning, and homeland
security. Commercial applications could generate
maximum revenue during the forecast period. These
include advertising and promotional activities.
Aerial photography provides land cover maps, soil
maps, and vegetation maps with the help of
spatial data. Combining this technology with GIS
can aid in urban planning.
Regions include Europe, North America, Latin
America (LATAM), Asia Pacific (APAC), and Middle
East Africa (MEA). APAC is expected to garner
over USD 500 million by 2024. The growth can be
attributed to the presence of semiconductor
industries in the region. Consumer needs and
rapid technological developments will fuel
demand. North America will lead the global Aerial
Imaging Market over the forecast period. This
owes to the growth of the telecommunications
industry. Europe will experience modest growth in
the aforementioned period.
Prominent players in the global Aerial Imaging
Market are Kucera International Inc., EagleView
Technologies, AeroMetric Inc., and Google Inc.
Some of these companies market their own software
equipment, while others lease them or operate
within the industry by collaborating with
software providers. For instance, EagleView
Technologies offers real estate, energy
utilities, construction, real estate, and safety
federal applications. New market entrants can
act as data partners to existing companies or act
as separate imaging companies. Participants
undertake initiatives to develop current
technologies to gain a competitive edge in
the market.
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Table of Content of Aerial Imaging Market
1. Methodology Scope 1.1 Research
Methodology 1.1 Initial Data Exploration 1.2
Statistical Modeling and Forecast 1.3 Industry
Insights and Validation 1.2 Research Scope
Assumptions 1.3 List of Data Sources
2. Executive Summary 2.1 Industry Summary of
Aerial Imaging Market
3. Industry Outlook
3.1 Aerial Imaging Market Segmentation 3.2 Aerial
Imaging Market Size and Growth Prospects 3.3
Aerial Imaging Market Dynamics 3.4 Key
Opportunities Prioritized 3.5 Industry Analysis -
Porter's 3.6 Market Share Analysis 3.7 Market
PESTEL Analysis, 2016
4. Application Framework 4.1 Aerial Imaging
Market share by application, 2016 2024
5. Regional Outlook 5.1 North America 5.2
Europe 5.3 Asia Pacific 5.4 Latin America
5.5 MEA (Middle East and Africa) 5.6 RoW (Rest of
the World)
6. Competitive Landscape 6.1 Kucera International
Inc. 6.1.1 Company Overview 6.1.2 Revenue
Analysis 6.1.3 Product Benchmarking 6.1.4
Strategic Initiatives 6.2 DJI Co.Ltd. 6.2.1
Company Overview 6.2.2 Revenue Analysis 6.2.3
Product Benchmarking 6.2.4 Strategic
Initiatives 6.3 EagleView Technologies 6.3.1
Company Overview
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6.3.2 Revenue Analysis 6.3.3 Product
Benchmarking 6.3.4 Strategic Initiatives 6.4
AeroMetric Inc. 6.4.1 Company Overview 6.4.2
Revenue Analysis 6.4.3 Product Benchmarking 6.4.4
Strategic Initiatives 6.5 Google Inc.
6.5.1 Company Overview 6.5.2 Revenue
Analysis 6.5.3 Product Benchmarking 6.5.4
Strategic Initiatives
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About Us
Hexa Research is a market research and consulting
organization, offering industry reports, custom
research and consulting services to a host of key
industries across the globe. We offer
comprehensive business intelligence in the form
of industry reports which help our clients obtain
clarity about their business environment and
enable them to undertake strategic growth
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