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Aerial Imagery Market Revenue, Opportunities and Key Players - EagleView, Google, Kucera International Inc., Getmapping PLC, Nearmap and High Eye Aerial Imaging Inc.

11-27-2018 08:38 PM CET | IT, New Media & Software

Press release from: P&S Intelligence

Aerial Imagery Market Revenue, Opportunities and Key Players -

Global aerial imagery market is projected to reach $3,545 million by 2023, with 13.4% CAGR during 2018-2023. The aerial imagery market is expected to witness high growth due to its ability to provide instantaneous view, primarily required for town planning or construction of any water or thermal based project. Improved vantage point, to provide magnified view of large areas from distant angles to see the features of the earth’s surface clearly in their actual context, is also a prime driver for its increased demand.

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The aerial imagery market has been gaining traction due to its increased adoption in multiple application areas, such as surveillance and monitoring, geospatial, energy and resource management, conservation and research, exhibition and live entertainment, disaster management, and construction and development. This technology provides time freezing ability, by recording every instance of the earth’s surfaces to provide advanced imaging solutions, which is in high demand from various industries.

Geographically, the aerial imagery market is projected to witness similar growth in North America and Asia-Pacific, during the forecast period. The growth in the North American market will be led by increasing usage of this technology for mapping sky rise buildings, dams, and oils & gas plants in the region. The upsurge in urbanization, along with purposed investment in smart cities in the region, is also expected to boost the growth of the North American aerial imagery market in the coming years.

Some of the major players in the aerial imagery industry are EagleView Technologies, Inc., Fugro N.V., Digital Aerial Solutions LLC, Google Inc., Kucera International Inc., Blom ASA, Getmapping PLC, Nearmap Ltd., High Eye Aerial Imaging Inc. and NRC Group ASA.

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Aerial Imagery Market Segmentation

Market Breakdown by Type
• Low Oblique
• Vertical
• High Oblique

Market Breakdown by Application
• Surveillance and Monitoring
• Geospatial
• Energy and Resource Management
• Conservation and Research
• Exhibition and Live Entertainment
• Disaster Management
• Construction and Development

Market Breakdown by Industry
• Government
• Energy and Mining
• Defense
• Agriculture and Forestry
• Media and Entertainment
• Civil Engineering and Archaeology
• Others (includes insurance and tourism)

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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