Aerial Imaging Market in Natural Resource Management to Observe Strong Development of 16.4% CAGR by 2023 - FUGRO N.V., DIGITAL AERIAL SOLUTIONS, NEARMAP, GOOGLE, EAGLEVIEW TECHNOLOGIES, GEOVANTAGE

Industry Highlights:
Global Aerial imaging market in natural resource management is expected to register a CAGR of 16.4%, during the forecast period (2018 - 2023). This market is highly fragmented and no company has complete dominance in the market. Rise in agriculture & forestry industry and advancement in technology are a few factors driving the growth of aerial imaging market in natural resource management while national security concerns is inhibiting its growth rate.

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Key Developments In The Market
March 2018 - Eagle View Technologies, Inc. secured a new patent that allows EagleView to provide customers with significantly faster access to aerial images post-capture
November 2017 - Nearmap released panorama and oblique aerial imagery inside new MapBrowser interface. Nearmap Panorama enables users to view perspective maps in all cardinal directions for small or large areas in uninterrupted fashion

Major Players –
FUGRO N.V., DIGITAL AERIAL SOLUTIONS LLC, NEARMAP LTD., GOOGLE INC., EAGLEVIEW TECHNOLOGIES, INC., GEOVANTAGE INC., amongst others.

Reasons To Purchase This Report
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• To identify the latest developments, market shares, and strategies that are employed by the major market players
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National Security Concerns
National security concerns are expected to negatively impact the market. Specific regulations are laid down in US and UK regarding security and privacy, which may hinder the growth rate of the market. Moreover, most of the countries in APAC do not have any rules laid out yet but with the rapid adoption of aerial imaging, the rules and regulations are expected to be in effect in near future. With the increase in market, the regulatory framework will become more and more structured and thus would hinder the growth.

North America to Account for the Largest Market Share
North America is held the largest share of the market in 2016 and is expected to retain its supremacy over the forecasted year as well, owing to increased use of aerial imaging in agriculture. Moreover, most of the aerial imaging companies are headquartered in the US. Fast adoption of new technology is augmenting the growth of aerial imaging market in natural resources.

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