The
global Aerial Imaging Market is expected to reach USD
2.24 billion by 2020, according to a new study by Grand View Research, Inc.
Growing demand in emerging application areas including natural resources
management, energy, and disaster prevention is expected to drive the market
over the next six years. Increased need for geospatial information and imagery
data is also expected to fuel demand over the forecast period.
 |
| Global aerial imaging market by application, 2012 - 2020 (USD Million) |
Adoption
of location-based services (LBS) for navigation, remote monitoring, navigation
and mobile advertizing is expected to give impetus to the aerial imaging
market. Adverse weather conditions and related environmental factors may
prevent accurate imaging data collection. Security and privacy concerns among
users are also expected to hamper market growth over the next six years.
Browse full
research report on Aerial Imaging Market: www.grandviewresearch.com/industry-analysis/aerial-imaging-market
Further key
findings from the study suggest:
- Commercial applications are expected to witness
high growth over the forecast period; they accounted for over 15% of the
market in 2013. This can primarily be attributed to high adoption by the
tourism industry. Planning 3D or 2D seismic surveys for alleviating safety
and environment risks is expected to favorably impact the energy segment.
- Aerial construction progress images are used by
architects and engineers for infrastructure development activities.
Deploying aerial drones in place of manned helicopters for reducing
overall cost is expected to be a key growth opportunity. The agriculture
sector benefits from this technology through application in drainage
planning and farmland management.
- North America accounted for majority of the global
market share in 2013. High demand from the agriculture and forestry
segment is expected to be the chief growth driver for the regional market.
Demand from government agencies employing this technology for research
purposes is also expected to fuel the market over the next six years. High
demand across application areas is estimated to propel the Asia Pacific
aerial imaging market.
- Companies operating in the aerial imaging
market may have in-house systems and platforms; alternatively, they may
also procure these from suppliers. Continued investments in R&D and
technological innovation have been the key strategic initiatives
undertaken by major industry participants. Key market players include Blom
ASA, Fugro EarthData, Google Inc, Pictometry International, GeoVantage,
Inc., Kucera International, Digital Aerial Solutions, Ofek Aerial
Photography, Eagle View Technologies, etc.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global aerial imaging market on the
basis of application and region:
Aerial
Imaging Application Outlook (Revenue, USD Million, 2012 - 2020)
- Government
- Commercial
- Civil
Engineering
- Military
& Defense
- Forestry
& Agriculture
- Energy
- Insurance
Aerial
Imaging Regional Outlook (Revenue, USD Million, 2012 - 2020)
- North
America
- Europe
- Asia
Pacific
- RoW
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-aerial-imaging-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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