Press release
Emerging Trends to Reshape the Oblique Photography Solutions Market: Advancements In 3D Mapping Technology Enhancing Spatial Understanding Through Versatile Aerial Imaging Systems as a Key Influencer
Oblique Photography Solutions
Oblique Photography Solutions Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for oblique photography solutions has seen a surge in its scale over the past years. It is projected to escalate from $1.23 billion in 2024 to $1.36 billion in 2025, showcasing a compound annual growth rate (CAGR) of 10.1%. This expansion during the historic phase can be linked to the rising requirement for aerial images in urban planning, the booming construction sector needing accurate site surveys, growing need for high-definition imaging in environmental supervision, the increasing application of oblique photography in agriculture for crop surveillance, and governmental initiatives towards the development of smart cities.
Oblique Photography Solutions Market Size Forecast: What's the Projected Valuation by 2029?
There is an anticipation of substantial expansion in the oblique photography solutions market in the coming years, with a predicted growth to $1.97 billion in 2029, and a compound annual growth rate (CAGR) of 9.7%. Reasons for this growth during the forecast period include an intensified focus on infrastructure management and maintenance, expansion in the real estate sector with a requirement for detailed aerial imagery, escalating use of aerial imaging for transport network planning, increasing requirement for historical data for large infrastructure projects, and a surge in insurance companies leveraging aerial data for claims verification. Notable trends during this forecast period include progress in drone technology and UAVs, improved precision in mapping and geospatial data collection, advancement in camera sensors and image resolution technology, incorporation with geographic information systems (GIS) for superior analysis and integration with augmented and virtual reality applications.
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What Are the Drivers Transforming the Oblique Photography Solutions Market?
The surge in natural disasters is anticipated to fuel the expansion of the oblique photography solutions market in the future. Natural disasters are unexpected, extreme occurrences that inflict substantial harm on the environment, property, and human lives. The escalation of these disasters can be attributed to climate change, as it intensifies global temperatures and alters atmospheric conditions, leading to the increased frequency and severity of weather events like floods, wildfires, and hurricanes. Oblique photography solutions play a crucial role in disaster management as they offer angled, high-resolution images that allow for a more precise damage evaluation by uncovering structural features and ground conditions often overlooked by vertical images. For instance, the National Oceanic and Atmospheric Administration (NOAA), a US government agency, revealed in a January 2024 report that there were 28 separate weather and climate incidents in the U.S. in 2023, each resulting in a minimum of $1 billion in damages. The cumulative monetary consequence of these incidents was $92.9 billion, with the costliest catastrophes being the Southern and Midwestern drought and heatwave, causing $14.5 billion in damages. As such, the escalating incidence of natural disasters stimulates the development of the oblique photography solutions market.
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What Long-Term Trends Will Define the Future of the Oblique Photography Solutions Market?
Significant players in the oblique photography solutions market are turning their focus towards creating technologically superior solutions, such as oblique cameras for 3D mapping. These specialized imaging devices capture high-resolution photos from various angles, enabling the creation of intricate 3D models of landscapes or structures. Taking into consideration both the vertical and horizontal perspectives, these models bolster spatial understanding. For instance, in August 2024, the US company Lead' AIR Inc., renowned for its expertise in aerial survey technology, introduced a highly adaptable 3D mapping oblique camera system called PanthAIR CuB. This versatile system can be mounted on a wide variety of airborne platforms, including drones, airplanes, helicopters, and single-engine Cessnas. Whether it is a drone with a 5kg payload, the camera hole of an airplane that has a stabilized mount, a Cessna wing strut, or a helicopter nose mount, with or without stabilization, this system can be installed. It features the widely recognized Lead's AIR flight management and planning system, TrackAIR, which ensures improved control.
Which Segments in the Oblique Photography Solutions Market Offer the Most Profit Potential?
The oblique photography solutions market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Application: Urban Planning, Disaster Management, Infrastructure Management, Environmental Monitoring, Other Applications
3) By End-User: Government, Construction, Agriculture, Real Estate, Other Users
Subsegments:
1) By Hardware: Cameras, Lenses, Tripods And Mounts, Lighting Equipment, Drones
2) By Software: Image Processing Software, Editing Software, Visualization Software, Automation Software
3) By Services: Consulting And Advisory, Installation And Maintenance, Training And Support, Customization Services
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Which Firms Dominate the Oblique Photography Solutions Market by Market Share and Revenue in 2025?
Major companies operating in the oblique photography solutions market are BAE Systems, Autodesk Inc., Hexagon AB, Trimble Inc., Bentley Systems Inc., Woolpert Inc., EagleView Technologies Inc., Vexcel Corp., Phase One Inc., Pix4D SA, Sanborn Map Company Inc., Propeller Aero, Skyline Software Systems Inc., DroneDeploy, GreenValley International Inc., PhotoModeler, AgiSoft LLC, Datumate Ltd., SimActive Inc., Bluesky International Ltd.
Which Regions Offer the Highest Growth Potential in the Oblique Photography Solutions Market?
North America was the largest region in the oblique photography solutions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oblique photography solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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