PUBLISHER: Orion Market Research | PRODUCT CODE: 1159279
PUBLISHER: Orion Market Research | PRODUCT CODE: 1159279
Global Aerial Imaging Market Size, Share & Trends Analysis Report By Camera Orientation(Oblique, Vertical), By Platform(Fixed-Wing Aircraft, Helicopter, UAV/Drones), By End-User (Government, Energy Sector, Defense, Forestry and Agriculture, Real Estate, Civil Engineering, Insurance) Forecast 2022-2028
The global aerial imaging market is anticipated to grow at a substantial CAGR of 6.7% during the forecast period. Aerial imagery is the practice of capturing photographs from a drone or a manned aircraft. The images captured by aerial imaging are often used to promote a business.. The rising demand for aerial imagery services in the military & defense sector, rising number of disaster incidence, and setting up of 5G infrastructure are some of the prominent factors driving the growth of the aerial imaging market. The market players are considerably contributing to the market growth by developing partnership collaborations to other players operating in the market. For instance, in June 2021, Iprosurv has entered into a strategic partnership with iRed, under this partnership iRed provides the latest, most accurate infrared imaging services on the market, to expand the portfolio of iprosurv.
However, stringent government rules and regulations in perspective of using aerial imaging devices, and the rise in concerns over cyber-security data regarding drones are the restraining factor for the market growth.
The global aerial imaging market is segmented based on camera orientation, platform, and end-user. Based on camera orientation, the market is segmented into oblique, vertical. Based on platform the market is bifurcated into fixed-wing aircraft, helicopter, uav/drones. Based on end-user the market is sub-segmented into government, energy sector, defense, forestry and agriculture, real estate, civil engineering, insurance. Based on end-user, the government sector is projected to maintain its lead position during the forecast period. This is due to the application such as land mapping, environmental protection, disaster management, GIS updates, and homeland and public safety.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific is projected to develop at the fastest rate. This is due to the rising awareness regarding the utilization of aerial imaging for urban planning, and increasing disputes between the countries which may likely to create war like situation, to keep continuous monitoring and surveillance on the activities of other country, the global aerial imaging market is predicted to exhibit the fastest growth during the forecast period in the Asia-Pacific region.
The major companies serving the global aerial imaging market include Aerial Imaging Productions, LLC, Blom Norway AS, Cooper Aerial Surveys Co., Digital Aerial Solutions (DAS), LLC, EagleView Technologies, Inc., Fugro N.V., Global UAV Technologies Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2021, 4GD and Parrot Drones SAS announced a strategic partnership, under this partnership Parrot's ANAFI USA drones are integrated into 4GD's synthetic training environment. The ANAFI USA is a powerful, ultraportable, and secure drone that is built to meet the demands of defense and security applications. It can detect imagery at ranges of up to 5km and can capture human figures at up to 2km.
Research Methodology
The market study of the global aerial imaging market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: