The growing interest in location-based services (for remote monitoring and navigation purpose) coupled with the advancements in aerial camera platforms and technologies is expected to drive market demand during 2015 – 2022. In addition, the introduction of the Unmanned Aerial Vehicle (UAV) and Personal Aerial Mapping System (PAMS) has completely revolutionized the field of aerial imaging. These factors are expected to contribute toward a compounded annual growth rate (CAGR) of 12.5% from 2015 – 2022. However, issues concerned with privacy and national security coupled with the high upfront cost of these systems pose moderate challenges to market growth. As a result, the aerial imaging market is expected to expand at a CAGR of 12.5% from 2015 to 2022, reaching US$ 2,705.0 Mn by 2022.
1.1 Market Scope and Segmentation
This report analyzes the global aerial imaging market regarding end-use applications and geographical distribution. Based on end-use applications, the market is segmented into government (urban planning, environmental monitoring changes, public security, energy sector management, etc.), commercial, construction, defense and surveillance, energy and mining, and insurance. In addition, the global aerial imaging market’s geographical distribution in this study encompasses regional markets such as North America, Europe, Asia Pacific, the Middle East and Africa, and the Rest of the World.
1.2 Report Description
Purpose of the Report
The purpose of this strategic research study titled “Global Aerial Imaging Market – Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the global aerial imaging industry.
- Industry Investors
- Aerial Imaging System Manufacturers
- Unmanned Aerial Vehicle (UAV) Manufacturers
- Personal Aerial Mapping System (PAMS) Manufacturers
Overall, the research study provides:
- A holistic view of the global aerial imaging market.
- Offering market size and estimates for the period from 2015 to 2022.
- Keeping in mind the factors mentioned above.
Based on end-use application, the global aerial imaging market is categorized into the following segments:
- Government (Urban Planning, Monitoring Environmental Changes, Public Security, Energy Sector Management, etc.)
- Agriculture and Forestry
- Energy and Mining
The government end-use segment covers the aerial imaging solutions used for land-use planning and development, environmental studies, public safety and security, and energy management. As of 2014, the government end-use segment dominated the global aerial imaging market. The segment contributed to over one-fourth of the global revenue generated by the aerial imaging market. The dominance can be primarily attributed to the growing use of geographical information systems in public security applications. Although it is expected to remain the largest contributor to the global aerial imaging market, the commercial and, agricultural & forestry segments are expected to witness strong growth from 2015 – 2022. The agricultural segment benefits from aerial imaging technology through its farmland management and drainage planning. The advancements in camera technologies and aerial platforms have offered the necessary push to market growth, especially in construction and emergency response applications.
Aerial photography systems are used for clicking pictures of the ground from an elevated height and are not supported by any ground-based structure. Some of the platforms used for aerial imaging include multi-rotor unmanned aircraft systems (UAS), fixed-wing aircraft, radio-controlled model aircraft, vehicle-mounted poles, dirigibles, blimps, helicopters, balloons, rockets, parachutes, kites, and stand-alone telescoping, among others. Aerial imaging is primarily used in cartography (especially in photogrammetric studies), archaeology, land use planning, environmental surveys and studies, movie production, security and surveillance, industrial inspection, and commercial advertising. For instance, archaeologists can use aerial imagery solutions to trace and locate archaeological features (ex-, artificially constructed pools, reservoirs, and natural ponds) at a requisite water location. In the U.S., aerial images are also used for property analysis in several Phase I Environmental Site Assessments. People usually confuse aerial imaging with air-to-air photography. However, unlike aerial imaging, air-to-air imaging includes one or multiple chase planes that track down and click photographs of other planes.
Oblique Aerial Imaging:
Aerial images, when taken at an angle, are called oblique images. Images captured from the low-angle surface–aircraft are said to be low oblique aerial images, while those clicked at a high angle are called steep oblique.
Vertical Aerial Imaging:
Vertical aerial imaging is one in which images are clicked straight down. They are primarily used in image interpretation and photogrammetry. Images in photogrammetry are usually taken with special large format cameras with documented and calibrated geometric properties.
Aerial images are often combined. Based on purpose, the following combinations are possible
- Panorama images are produced by stitching multiple photographs taken with a handheld aerial camera.
- In Pictometry, five rigidly mounted cameras offer four low oblique and one vertical picture that can be used together.
The first aerial image/photograph was clicked from a balloon by the French balloonist and photographer (Gaspard-Felix Tournachon) in 1858 over Paris. However, this photograph no longer exists, and as such, the earliest aerial image available was clicked by James Wallace Black in 1860 from a balloon. The very image is titled ‘Boston, as the Eagle and the Wild Goose See It.’ Later on, the kite aerial imaging technique was first pioneered in 1882 by British meteorologist E.D. Archibald, while pigeon photography was first introduced in 1907.
By the start of World War I, pictures clicked from aircraft were used for inspection purposes, and the technology matured swiftly after that. The first images from space were clicked in 1946 from a suborbital United States-launched V-2 rocket. In 1972, the United States began the largest program for images of Earth from space. Historical photography was first introduced to Google Earth, and the oldest photograph traced on Google Earth is from 1930.
The global aerial imaging market is segmented on geography into the following regions and countries.
- North America
- The U.K.
- Rest of Europe
- Asia Pacific
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
The market for aerial imaging solutions is technology driven. North America was the largest aerial imaging market, followed by Europe in 2014. The dominance can be attributed to the ongoing research in aerial imaging and higher technology acceptance in the region. The U.S. represents the largest individual aerial imaging market worldwide. The ongoing research in aerial imaging has led to the developing of several imageries and map-based astute solutions, aiding defense and government agencies in the country. Developed economies of North America and Europe are expected to witness comparatively better growth in the first half of the forecast period. Over 2015 – 2022, the market for aerial imaging in the Asia Pacific is expected to exhibit promising growth, growing at a CAGR of 13.6%. The anticipated growth is expected to be driven by the regulated demand from disaster preparedness and emergency response agencies.