Aerial imaging refers to capturing photographs or videos from an airborne platform. It is commonly done using unmanned aerial vehicles (UAVs), helicopters, planes, balloons and other aircraft. Aerial imaging finds widespread applications in engineering, agriculture, monitoring of natural calamities, urban planning, surveillance and other areas. It provides bird's eye view of large geographical areas in high resolution which helps in mapping, monitoring changes and analyzing areas from above.
The aerial imaging market is projected to grow at a significant rate during the forecast period, owing to rising demand across numerous application areas. Wide use of aerial imagery in engineering and construction projects for mapping, monitoring infrastructure development and urban planning is expected to drive the market growth. Moreover, increasing utilization of aerial images and drones in precision agriculture for analyzing farm fields, monitoring crop health and yield estimation is further expected to propel the market development. Adoption of aerial surveillance and monitoring across various industries including oil & gas, transportation and utilities will also contribute to the market growth. However, privacy and security concerns around unauthorized usage of aerial images could hamper the market growth.
The Global Aerial Imaging Market Size is expected to witness high growth, exhibiting CAGR of 15.4% over the forecast period, due to increasing demand from government entities for surveillance and disaster management.
North America dominates the aerial imaging market currently, owing to high technology adoption and presence of key players in the US and Canada. The Asia Pacific region is estimated to grow at the fastest pace due to rising infrastructure development and construction activities in China, India.
Key players operating in the 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, EagleView Technologies, Inc.
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