Global Aerial Imaging Market: Introduction
Transparency Market Research delivers key insights on the global aerial imaging market. In terms of revenue, the global market is estimated to expand at a CAGR of ~14.0% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global aerial imaging market.
Aerial imaging is a procedure of capturing images of the ground from a raised position, usually by using a camera not held by a ground-based structure. Some of the commonly used platforms for aerial imaging include fixed-wing aircraft, helicopters, drones/unmanned aircraft systems (UASs), balloons, rockets, parachutes, kites, vehicle-mounted poles, and telescopes. Aerial imagery or photography provides effective solutions that combine cost-effectiveness with high precision in order to achieve planning, volume calculations, and route design, or merely to renew existing mapping.
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The commercial drone industry has witnessed significant technological advancements over the last few years. Efforts have been made to regulate the use of UAVs to ensure that safety measures are in place. The use of commercial drones for agriculture, defense, weather monitoring, and filming has been increasing. Advances in technology have made it possible to manufacture a wide variety of drones with different weights, sizes, and capabilities, so as to hold different types of payloads and sensors, making them useful for various applications.
Currently, companies are working on developing applications and software to make the use of drones safer. An example of this is Snapdragon Flight by Qualcomm Technologies, a software developed to provide drones with the intelligence to perceive objects within their flight path and achieve much safer navigation. Diversity in the applications of drones has compelled enterprises to come up with considerate improvements and new long-endurance UAV technology. This, in turn, is promoting the growth of the global aerial imaging market.
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Global Aerial Imaging Market: Prominent Regions
North America is estimated to present prominent opportunities to the aerial imaging market during the forecast period. This can be attributed to several factors. Aerial surveillance is aiding city planners in focusing on potential redevelopment projects and implementing measures required for sustainable urban development. Also, aerial photography is being utilized to avoid the adverse impacts of natural disasters. Aerial images are used to analyse risks and help in the planning and implementation of measures. The aerial imaging markets in the Middle East and South America are expected to witness moderate growth in the near future.
Global Aerial Imaging Market: Key Players
Key players operating in the global aerial imaging market are NRC Group ASA, Fugro N.V., Digital Aerial Solutions, LLC, Nearmap Ltd., Google, Inc., EagleView Technologies, Inc., Cooper Aerial Surveys Co., Landiscor Real Estate Mapping, GeoVantage, Inc., Kucera International Inc., Sanborn Map Company, Inc., Keystone Aerial Surveys, Inc., Quantum Spatial, and Verisk Analytics, Inc. (Geomni).
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