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Global Aerial Imagery Market Expected to Reach US$ 4,169.1 Million by 2024: According to BlueWeave Consulting

Aerial Imagery Market

Aerial Imagery Market

The Global Aerial Imagery Market is expected to cross USD 4,000 million by 2024, with a CAGR over 12% during the forecast period. As per the market study, usage of drone for urban planning, forestry and geology is anticipated to drive the market growth. This market has been growing due to infrastructural development of smart cities across countries. Requirement for improved site evaluation and monitoring of water resources are among trends observed farther. Expansion of clear imagery, along with new technological development in the field of cameras and drones are other notable factors for the current global market. Huge opportunity lies in construction and agriculture sector for this market to flourish with good numbers in future. The global aerial imagery market is moving towards consolidations as the market is witnessing acquisitions and partnerships among key players. The leading players are focusing especially on technological improvements and integrated as well as joint innovation practices to build an entire new ecosystem for aerial imagery. This would further strengthen their position and market presence, globally.

This market overview section of the report demonstrates market dynamics such as key trends, drivers, restraints, and opportunities that influence the current nature and future scenario of the said market. Furthermore, various analysis methods like Porter’s are also included in the report to provide an in-depth view of the market scenario.

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Increased usage of Drone-based technology driving the aerial imagery market across the globe
The market for Aerial Imagery is witnessing a comparable disruption as drone-based technology is reshaping the industry landscapes and is getting widely-adopted across sectors- from agriculture to defence intelligence. Increased usage of drone for urban planning, forestry and geology are anticipated to drive the demand for aerial imagery market. Drone is an unmanned aircraft which is equipped with different state of the art technology such as infrared and digital cameras that can be controlled by remote control system. Drones are not required to carry data links that add weight and complexity, and are thus, used by various government authorities to create maps instead of relying on central mapping authorities (manual mapping). Drones are gaining adoption in construction sites as they provide a full view of the infrastructure from different angles to make strategic decisions for mapping roads, parking, and open space. Large scale capital projects and infrastructure maintenance are getting benefitted from aerial imagery conducted through drones, which are also known as UAV. Images collected through drones not only perform hazardous work but also make it easy for businesses to acquire image sets with great precision and in a cost-effective manner.

Scope of the Report
Based on type, aerial imagery has been categorized into low oblique, vertical, and high oblique. Based on applications, the global aerial imagery market is categorized into disaster management, energy & resource management, surveillance & management, conservation & research, and construction & development. Aerial imagery has been further classified on the basis of different verticals such as government, energy and mining, defense, agriculture & forestry, civil engineering & archaeology, media & entertainment, and others. Finally, the report covers the analysis of these segments across North America, Europe, Asia Pacific, Middle-East & Africa and Latin America along with the qualitative analysis for market estimates that boosts the growth of the global aerial imagery market during the forecast period.

Research Methodology
• According to BlueWeave Consulting, the key findings of the report “Global Aerial Imagery Market Size, Share, Development, Growth and Demand Forecast, 2024” are:
• As per the findings of the research, government vertical has been the largest revenue generator in the global aerial imagery market, as compared to other verticals. Further, among various types of aerial imagery, low oblique aerial imagery was largest revenue contributor in 2017. Based on application, Surveillance and monitoring is expected to contribute the largest revenue, during the forecast period
• The market in North America is expected to grow rapidly among all regions, during the forecast period. The fast growth is owed to the increase in usage of aerial imagery for mapping sky-rise building, dams, and oils & gas plants in the region. The upsurge in urbanization, along with purposed investment in smart cities in the region, is expected to boost the growth rate of aerial imagery market
• Aerial imagery is used by governments of numerous countries to monitor and manage environmental changes that are occurring on periodical basis due to change in climate and consumption pattern of the population. It enables to improve town planning and also helps in determining the optimal route location for various government projects. Aerial imagery is also used by government to assess damages caused due to any untoward incident or man-made disaster

Competitive Dynamics
Some of the global strategic developments during the research, depict the global aerial imagery market is moving towards consolidation. The leading players are focusing especially on technological improvements, and integrated and joint innovation practices to build an entire new ecosystem for aerial imagery. This would further strengthen their position and market presence, globally. Some of the major companies operating in this industry include Eagle View Technologies, Fugro N.V., Digital Aerial Solutions LLC, Google Inc., Kuncera International Inc., Blom ASA, Getmapping PLC, and Nearmap Ltd.

Market Segmentation: Global Aerial Imagery Market
By Product
• Low oblique
• Vertical
• High oblique

By Application
• Surveillance & monitoring
• Geospatial
• Energy & Resource management
• Conservation & Research
• Media & Entertainment
• Disaster Management
• Construction & Development.

By Vertical
• Government
• Energy & Mining
• Defense
• Agriculture & forestry
• Media & Entertainment
• Civil Engineering & archaeology
• Others

In addition, the report provides analysis of the aerial imagery market with respect to the following geographic segments:
• North America
• Europe
• Germany
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Latin America

Access Full Market Research Report@ https://bit.ly/2NZJ3a5

Contact Us:
info@blueweaveconsulting.com
https://www.blueweaveconsulting.com
Phone Number: 18666586826

About BlueWeave Consulting & Research Pvt Ltd. (BWC)

BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth.

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