Market Insight- Global Aerial Imaging Market

Market Overview

Aerial imagining or also referred to as aerial photography is the process of taking photographs from an aircraft or a flying object such as drone. Different types of equipment or devices are used for aerial photography including fixed-wing aircraft, multi-rotor unmanned aircraft systems (UAS), helicopters, balloons, parachutes, blimps and dirigibles, rockets, kites, vehicle-mounted poles, and stand-alone telescoping. Aerial photography offers cost-effective and high-precision solutions for volume calculations, planning purposes, route design or renovation of existing mapping. Advancements in technology related to UAV and drone has increased the popularity of location-based services worldwide. Moreover, growing application areas the adoption of aerial imaging by the companies has increased to a great extent.

The global aerial imaging market was valued for US$ 2,010.1 Mn in 2019 is expected to exhibit a CAGR of 14.6 % during the forecast period.

Market Dynamics- Drivers

  1. Growing number of applications in different sectors are expected to drive growth of the global aerial imaging market during the forecast period

Increasing use of aerial imagery in number of sectors is the major driver for the market growth. Aerial imaging has been used in disaster risk operation, archeology, cartography, journalism, defense and security, construction and development, tourism, and intelligence surveillance and reconnaissance (ISR). Furthermore, aerial imaging offers a variety of ground-based applications. For instance, it is helpful for farmers to monitor crops and identify problems such as blight and deploy suitable remedies. Aerial imagery is also used by many insurance companies in order to verify damage assessment and claims after hurricanes, floods and other disasters. Moreover, innovations in unnamed aerial vehicles (UAV) are expected to support the global aerial imaging market growth in the near future.

  1. Technological advancements in UAV or drone technology are expected to propel the global aerial imaging market growth over the forecast period

In the recent past, the commercial drone sector has registered significant changes in terms of technological advancements. The regulatory authorities have taken ample efforts to regulate the use of UAVs to ensure the safety measures are in the place. There is constant demand for commercial drones for the use in various sectors including agriculture, defense, filming, and weather monitoring. Currently, the companies are focused on creating applications and software to make the safer use of drones, which will lead to normalization of drones within mainstream society. For instance, Snapdragon Flight from Qualcomm Technologies is a software developed to provide drones with the intelligence to perceive objects within their flight path for much safer navigation. Moreover, a variety of applications offered by drones has compelled enterprises to come up with insightful changes new long-endurance UAV technology, which in turn, is expected to boost the global aerial imaging market growth over the forecast period.

North America region dominated the global aerial imaging market in 2019, accounting for 43.6% share in terms of value, followed by Europe and Asia-Pacific, respectively

Aerial Imaging  | Coherent Market Insights

Source: Coherent Market Insights

Market Dynamics- Restraints

  1. Concerns regarding public and national security are expected to hinder the global aerial imaging market growth over the forecast period

Although drones or unmanned aerial vehicles are meant for beneficial commercial applications, the images captured can be used for improper means. Potential criminals may conduct virtual surveillance of banks, government buildings, parks, or schools using online aerial and satellite images. In fact, the national security could also be compromised. For instance, in January 2007, aerial footage displayed by Google Earth was used by terrorists who attacked British bases in Basra, Iraq, to pinpoint their attacks. If adequate safety measures are not taken, lack of proper security and privacy issues are expected to hinder the market growth over the forecast period.

  1. Unhelpful weather conditions are expected to restrain growth of the global aerial imaging market during the forecast period

Adverse weather conditions are one of the major hurdles for adoption of aerial imaging, as it requires clear visibility and plenty of light. For the same reasons, aerial imaging is not ideal at night and in diminished light. Usually, photographs taken for marketing purposes require perfect weather conditions, such as a clear blue sky, bright sunlight, fluffy white clouds, etc., in order to produce vibrant effects and colors. Thus, these factors are expected to hamper the market growth over the forecast period.

Market Opportunities

  1. Growing demand for aerial imaging from archeology sector is expected to present lucrative growth opportunities

The demand for aerial imaging has increased significantly in the recent past from the archeology sector. Aerial imaging offers enhanced insight for understanding archeological landscapes, as it reveals some of the features which are too large, too discontinuous or too faint to be identified at ground level. This situation is typical in case of earthworks, crop marks, soil marks or parch marks. Furthermore, aerial imagery is apt for tracking features and locating monuments, especially for those who are not visible at ground level and those who are under the soil cannot be seen on a field walk.

  1. Increasing demand from the real estate industry is expected to provide major business opportunities

Aerial imaging is being increasingly implemented in real estate and construction industry for better overview of a property and the surrounding area. Standalone images of a property have become outdated in the recent past since drones and UAVs deliver better results. Moreover, the real estate sector in Asia and Africa is booming, thus there is a significant demand for aerial imaging. Property owners their property’s profile by using aerial imaging to improve its market demand. Furthermore, it is cost-effective and creative solution for potential buyers.

Aerial Imaging  | Coherent Market Insights

Source: Coherent Market Insights

Market Trends

  1. Personal aerial mapping system (PAMS)

Personal aerial mapping system is a package of hardware and software, which enables an operator to perform aerial mapping and make survey of small areas. It processes superior 3-D surface height models and true orthophotos, or an overview map in the field. PAMS can be operated by a single user since it offers quick and easy functionality, unlike conventional methods. This eventually saves money and time. Furthermore, PAMS offers key advantages over conventional aerial imagery such as it operates below cloud coverage, which makes it less dependent on weather conditions. In fact, it can easily be loaded in a passenger airplane as luggage or in a small car.

  1. Aerial archeology and 360-degree panoramas

The aerial imagery of archeological sites has improved significantly, enabling thorough study of ancient landscapes and historical sites. During the aerial archeological survey, a vertical or oblique aerial image is capture to better understand the landscape. For instance, aerial imaging has been used to find Iron Age and Roman sites in Britain, Mayan ruins in Belize and Nazca lines in Peru. Moreover, different ground levels, view of frost during winter, slight differences in soil color have increased the demand for aerial imagery. Aerial imaging also provides 360-degree panoramic view of historical places such as Taj Mahal in India, Great Pyramids of Giza in Egypt and Roman Colosseum.

Segment information:

In global aerial imaging market, by application segment, Defense & Intelligence sub-segment dominated the global market in 2019, accounting for 20.3% share in terms of value.

Aerial Imaging  | Coherent Market Insights

Source: Coherent Market Insights

Competitive Landscape

Key players operating in the global aerial imaging market are Google, Inc., Kucera International, Inc., NRC Group ASA, GeoVantage, Inc., Fugro N.V., Landiscor Real Estate Mapping, Digital Aerial Solutions, LLC, Cooper Aerial Surveys Co., Nearmap Ltd, and EagleView Technologies, Inc.

Key Developments

  1. Key companies in the market are focused on mergers and acquisitions, in order to gain competitive edge in the market. For instance, in December 2019, Nearmap Ltd., an Australia-based aerial mapping company, acquired Pushpin, a U.S.-based company, for US$ 3.5 million.
  2. Major companies are involved in mergers and acquisitions, in order to enhance their market presence. For instance, in December 2018, EagleView Technologies Inc. acquired Spookfish, an Australia-based aerial imaging company.

Aerial imagining is known as aerial photography is the process of taking photographs from an aircraft or a flying object such as drone. Different types of equipment or devices are used for aerial photography including unmanned aircraft systems, fixed-wing aircraft, helicopters, balloons, parachutes, rockets, kites, vehicle-mounted poles, and stand-alone telescoping. Aerial Imaging or Photography is used for calculation, route designing and for updating existing mapping due to its high precision and cost-effectiveness features. The Aerial imaging plays major role in collecting data in the form of images in any location which is beneficial for investigation purpose. Advancements in technology related to UAV and drone has increased the popularity of location-based services worldwide. Moreover, increasing developments in imagery intelligence solutions is driving the growth of global aerial imaging market.

Market Dynamics

Advancement in technologies and internet of things (IoT) are the major factors driving the growth of global aerial imaging market. Aerial Imaging used unmanned aerial vehicles (UAVs) and drones devices in order to capture vantage point on the world. The commercial drone sector has registered significant changes in terms of technological advancements. There is constant demand for commercial drones for the use in various sectors including agriculture, defense, filming, and weather monitoring. Currently, the companies are focused on creating applications and software to make the safer use of drones, which will lead to normalization of drones within mainstream society.

For instance, Snapdragon Flight from Qualcomm Technologies is a software developed to provide drones with the intelligence to perceive objects within their flight path for much safer navigation. Moreover, a variety of applications offered by drones has compelled enterprises to come up with insightful changes new long-endurance UAV technology is expected to drive the growth of  global aerial imaging market  over the forecast period. Moreover, aerial imaging is helpful for farmers to monitor their crops and identify problems by using surveys and mapping capabilities for the development of infrastructure.

Market Taxonomy

This report segments the global aerial imaging market on the basis of by application, by end-use industry and region. On the basis of application, the aerial imaging market is segmented into energy, geospatial technology, natural resources management, construction & development, disaster response management, defense & intelligence, conservation & research and media & entertainment. On the basis of end-use industry, global aerial imaging market is segmented into government, commercial enterprises, civil engineering industry, military, forestry & agriculture, energy sector and insurance. On the basis of region, global aerial imaging market is segmented into North America, Latin America, Europe, APAC, Middle East and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global aerial imaging market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global aerial imaging market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the Global Aerial Imaging Market includes Google, Inc., Kucera International, Inc., NRC Group ASA, GeoVantage, Inc., Fugro N.V., Landiscor Real Estate Mapping, Digital Aerial Solutions, LLC, Cooper Aerial Surveys Co., Nearmap Ltd, and EagleView Technologies, Inc.
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global aerial imaging market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global aerial imaging market.

Detailed Segmentation:

  • Global Aerial Imaging Market, By Application:
    • Energy
    • Geospatial Technology
    • Natural Resources Management
    • Construction & Development
    • Disaster Response Management
    • Defense & Intelligence
    • Conservation & Research
    • Media & Entertainment
  • Global Aerial Imaging Market, By End-use Industry:
    • Government
    • Commercial Enterprises
    • Civil Engineering Industry
    • Military
    • Forestry & Agriculture
    • Energy Sector
    • Insurance
  • Global Aerial Imaging Market, By Region:
    • North America
    • Latin America
    • Europe
    • APAC
    • Middle East and Africa
  • Company Profiles
    • Google, Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Kucera International, Inc.
    • NRC Group ASA
    • GeoVantage, Inc.
    • Fugro N.V.
    • Landiscor Real Estate Mapping
    • Digital Aerial Solutions, LLC
    • Cooper Aerial Surveys Co.
    • Nearmap Ltd
    • EagleView Technologies, Inc.

*Browse all the market data tables and figures on “Global Aerial Imaging Market- Forecast to 2027”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By End-use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global Aerial Imaging Market, By Application, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Energy
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Geospatial Technology
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Natural Resources Management
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Construction & Development
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Disaster Response Management
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Defense & Intelligence
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Conservation & Research
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
    • Media & Entertainment
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Million)
  5. Global Aerial Imaging Market, By End-Use Industry, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Government
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Commercial Enterprises
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Civil Engineering Industry
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Military
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Forestry & Agriculture
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Energy Sector
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Insurance
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
  6. Global Aerial Imaging Market, By Region, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Application , 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Application, 2019–2027 (US$ Million)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  7. Competitive Landscape
    • Company Profiles
      • Google, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Kucera International, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • NRC Group ASA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • GeoVantage, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Fugro N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Landiscor Real Estate Mapping
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Digital Aerial Solutions, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cooper Aerial Surveys Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Nearmap Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • EagleView Technologies, Inc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse market data tables and figures on “Global Aerial Imaging Market-forecast to 2027”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users