Aerial Imaging Market to cross USD 4 Billion by 2024 - PowerPoint PPT Presentation

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Aerial Imaging Market to cross USD 4 Billion by 2024

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Request Sample of Report @ Aerial Imaging Market in UAV/drone segment is expected to hold the majority market share of around 78% by 2024 due to the 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. – PowerPoint PPT presentation

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Title: Aerial Imaging Market to cross USD 4 Billion by 2024


1
Global Aerial Imaging Market to reach USD 4
Billion by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
  • Key Insights from Aerial imaging Market
  • Aerial Imaging Market size is set to exceed USD 4
    billion by 2024 according to a new research
    report by Global Market Insights, Inc. The aerial
    imaging market growth is attributed to the rising
    adoption of drones for aerial photography
    applications. There has been an exponential
    increase in the use of UAVs for aerial
    photography applications over the past decade due
    to the key cost-benefits that they offer over
    traditional imaging platforms such as helicopter
    and fixed-wing aircraft-mounted camera platforms.
  • Drones offer excellent maneuverability in
    congested urban areas where large aircraft cannot
    venture for capturing aerial images. This
    capability of drones is majorly leveraged by the
    real-estate sector for capturing aerial
    photographs of construction projects in urban
    areas. There has been a significant increase in
    the incidents of natural disasters over the past
    four decades. According to the Centre for
    Research on the Epidemiology of Disasters (CRED),
    the Emergency Events Database (EM-DAT) reports
    that the frequency of natural disasters has
    increased nearly three-fold from over 1,300
    events in 19751984 to over 3,900 in 20052014.
    Aerial imaging largely facilitates the timely
    assessment of affected areas and assists in
    quickly expediting appropriate repair and relief
    operations.

3
Continued...
  • The UAV/drone platform held a major market share
    of around 71 in 2017 due to its rapidly growing
    adoption of the platform for aerial imaging in a
    diverse set of sectors including government,
    construction, oil gas, military defense, and
    agriculture. UAVs prove to be a cost-effective
    alternative to helicopters and fixed-wing
    aircraft for aerial imaging, which enables their
    adoption for small-scale and low-budget imaging
    applications. There has been a significant
    decline in the usage of traditional aerial
    photography platforms, such as parachutes,
    balloons, kites, and vehicle-mounted poles, due
    to the advent of drone technology that serves as
    a reliable alternative for capturing aerial
    images in varying climatic conditions.
  • The vertical imaging segment held the majority
    share of the aerial imaging market in 2017 due to
    the major utility of the imaging practice in
    geospatial mapping applications. As vertical
    aerial images provide useful data for preparing
    precise digital models of terrains, they are
    widely used for mapping functions by government
    institutions.

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Aerial Imaging Market Size, By Application, 2017
- 2024 (USD Million)

5

Browse Full Market Research Report Aerial
imaging Market _at_ https//bit.ly/2dx29B9
Request for a Sample of this Research report
_at_ https//bit.ly/25dXabt
6
Continued...
  • Oblique imaging segment is expected to exhibit
    accelerated growth over the forecast timeline
    with a CAGR of over 15. This excellent growth is
    attributed to the benefits of better
    determination of feature elevations and coverage
    of more ground area compared to vertical imaging
    taken from the same altitude with the same focal
    length.
  • The geospatial mapping segment dominated the
    aerial mapping market in 2017 due to the
    extensive applications of different aerial
    imaging modalities in geospatial mapping
    functions. Aerial images are utilized for
    photogrammetric mapping services that use remote
    sensing technologies and photogrammetry to
    produce geospatial mapping deliverables.
  • The urban planning segment is projected to
    register the fastest growth of over 17 between
    2018 and 2024 due to the increasing adoption of
    aerial photography by government institutions for
    improving road planning, real estate management,
    and land use calculations. As aerial images
    provide city planners with regular up-to-date
    information on traffic patterns, buildings,
    railroads, bridges, water features, and other
    urban infrastructure components, their utility
    for urban planning is expected to grow
    significantly over the forecast period.

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Continued...
  • The military defense market is expected to
    exhibit the fastest growth between 2018 and 2024
    with a CAGR of over 15. This high growth is
    attributed to the large-scale adoption of aerial
    imaging platforms in the defense sector for
    applications such as mission simulation, mission
    planning, and air defense planning. Aerial images
    are also used for mapping applications, wherein
    the maps are used for planning military
    operations and enabling ground-based combat
    troops to find their way.
  • North America is projected to account for the
    majority market share of around 42 by 2024 due
    to large-scale investments in aerial imaging
    technologies by major market players such as
    Google and government institutions such as the
    Federal Aviation Administration (FAA) in the U.S.
    Due to the rapid adoption of UAVs for imaging
    applications in the agriculture sector in the
    U.S., the region is expected to witness a steady
    growth between 2018 and 2024.
  • The companies operating in the aerial imaging
    market are focusing on offering affordable
    imaging services to the customers as well as
    forging strategic partnerships with leading
    market players to extend their portfolio of
    aerial photography services and enhance their
    technological expertise.

8
Industry Coverage

9
Continued...
  • For instance, in October 2017, Agribotix, one of
    the leading providers of drone-data processing
    solutions extended its partnership with The
    Climate Corporation, a subsidiary of Monsanto
    Company, to offer aerial imagery technology to
    the farmers in Brazil through solutions such as
    the Climate FieldView and Agribotixs FarmLens
    platform. In another instance, in May 2018, DJI,
    a leading global manufacturer of consumer and
    commercial drones, entered into a strategic
    partnership with Microsoft to bring advanced
    machine learning and AI capabilities to DJI
    drones. DJI also selected Microsofts Azure as a
    preferred cloud computing platform to leverage
    the platforms machine learning and AI
    capabilities to process large volumes of aerial
    imagery into actionable insights for its
    customers.
  • Some of the key players operating in the aerial
    imaging market are Eagle View Technologies,
    Digital Aerial Solutions, Cooper Aerial Surveys,
    Kucera International, Google, Fugro EarthData,
    Nearmap, DJI, 3D Robotics, Airobotics,
    DroneDeploy, PrecisionHawk, Getmapping, and
    GeoVantage.

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Table OF Content
  • Chapter 1. Methodology Scope
  • 1.1. Methodology
  • 1.1.1. Initial data exploration
  • 1.1.2. Statistical model and forecast
  • 1.1.3. Industry insights and validation
  • 1.1.4. Scope, definition and research parameters
  • 1.2. Data Sources
  • 1.2.1. Primary
  • 1.2.2. Secondary
  • Chapter 2. Executive Summary
  • 2.1. Aerial imaging industry 360º synopsis, 2013
    - 2024
  • 2.1.1. Region trends
  • 2.1.2. Platform trends
  • 2.1.3. Imaging type trends
  • 2.1.4. Application trends
  • 2.1.5. End use trends

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Continued...
  • Chapter 3. Aerial Imaging Industry Insights
  • 3.1. Introduction
  • 3.2. Evolution of aerial imaging technology
  • 3.3. Industry segmentation
  • 3.4. Aerial imaging market news
  • 3.5. Aerial imaging use cases
  • 3.5.1. Construction
  • 3.5.2. Agriculture
  • 3.5.3. Oil gas
  • 3.5.4. Disaster management
  • 3.6. Aerial imaging industry landscape, 2013 -
    2024
  • 3.7. Aerial imaging industry ecosystem analysis
  • 3.8. Regulatory landscape
  • 3.9. Technology innovation landscape
  • 3.9.1. Drones and AI
  • 3.9.2. Advancements in sensor technologies

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Continued...
  • 3.9.3. Collision avoidance technology
  • 3.10. Aerial imaging industry impact forces
  • 3.10.1. Growth drivers
  • 3.10.1.1. Rapidly growing popularity of UAVs
    for aerial imaging
  • 3.10.1.2. Increasing usage of aerial imaging
    in defense applications
  • 3.10.1.3. Growing incidents of natural
    disasters
  • 3.10.1.4. Consistent advancements in aerial
    camera systems
  • 3.10.1.5. Venture capital investment in drone
    technology
  • 3.10.2. Industry pitfalls challenges
  • 3.10.2.1. Security and privacy concerns
  • 3.10.2.2. Stringent aviation regulatory
    policies
  • 3.11. Growth potential analysis
  • 3.12. Porter's analysis
  • 3.13. PESTEL analysis

13
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