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Aerial Imaging Market Share, Size, Key Players, Insights,

Development, Research and Forecasts to 2024 | Hexa Research

“The Global Aerial Imaging Market is projected to reach USD

3.3 billion by 2024. It will grow at an estimated 13.5% CAGR
over the forecast phase (2016-2024).”

The Global Aerial Imaging Market is projected to reach USD 3.3 billion by 2024. Aerial imaging involves
capturing images of the ground using unmanned aerial vehicles (UAVs), helicopters, dirigibles, blimps, kites,
and parachutes. It provides useful information for volume calculation map renovations, planning, and route
design.

Factors driving the market are popularity of aerial images and the need for geospatial information in various
fields. It derives much of its demand from forestry & agriculture and other commercial sectors. Advances in
technology such as LiDAR (Light Detection and Ranging), IMU (Inertial Measurement Unit) and airborne GPS
(global positioning system) can boost market growth during the forecast period (2016 -2024). Camera
technologies such as Microsoft’s Hawk & Eagle and Vexcel Imaging’s UltraCam Osprey can fuel industry
demand. But security concerns and operational issues can impede growth.

The worldwide Aerial Imaging Market is segmented according to applications and regions. Insurance,
government, military & defense, agricultural & forestry, GIS (geographical information system), civil
engineering, commercial, and energy are the key application areas. Military & defense will exceed US D 250
million by 2024. UAVs and Personal Aerial Mapping System (PAMS) are used by the military for

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reconnaissance missions. These systems are also employed in ground-based commercial applications. PAMS
provide detailed photographs of surfaces at affordable costs.

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UAVs can be deployed even in highly dangerous military operations, since these can execute accurate
and repetitive commands in unfavorable settings. Farmers use UAVs to monitor their fields and crops.
The insurance sector uses it to survey damages after floods or hurricanes and thus settle claims.
Energy companies use aerial imagery to inspect transmission lines, gather data from solar & wind
power plants, and provide additional security to these plants.

Government applications are estimated to cross over USD 950 million by 2024. The government sector
uses drones for urban planning, energy management, environmental planning, and homeland security.
Commercial applications could generate maximum revenue during the forecast period. These include
advertising and promotional activities. Aerial photography provides land cover maps, soil maps, and
vegetation maps with the help of spatial data. Combining this technology with GIS can aid in urban
planning.

Regions include Europe, North America, Latin America (LATAM), Asia Pacific (APAC), and Middle East
& Africa (MEA). APAC is expected to garner over USD 500 million by 2024. The growth can be
attributed to the presence of semiconductor industries in the region. Consumer needs and rapid
technological developments will fuel demand. North America will lead the global Aerial Imaging Market
over the forecast period. This owes to the growth of the telecommunications industry. Europe will
experience modest growth in the aforementioned period.

Prominent players in the global Aerial Imaging Market are Kucera International Inc., EagleView
Technologies, AeroMetric Inc., and Google Inc. Some of these companies market their own software &
equipment, while others lease them or operate within the industry by collaborating with software
providers. For instance, EagleView Technologies offers real estate, energy & utilities, construction, real
estate, and safety & federal applications. New market entrants can act as data partners to existing
companies or act as separate imaging companies. Participants undertake initiatives to develop current
technologies to gain a competitive edge in the market.

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technologies-industry

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Table of Content

1. Methodology & Scope

1.1 Research Methodology
1.1 Initial Data Exploration
1.2 Statistical Modeling and Forecast
1.3 Industry Insights and Validation
1.2 Research Scope & Assumptions
1.3 List of Data Sources

2. Executive Summary
2.1 Industry Summary of Aerial Imaging Market

3. Industry Outlook
3.1 Aerial Imaging Market Segmentation
3.2 Aerial Imaging Market Size and Growth Prospects
3.3 Aerial Imaging Market Dynamics
3.4 Key Opportunities Prioritized
3.5 Industry Analysis - Porter's
3.6 Market Share Analysis
3.7 Market PESTEL Analysis, 2016

4. Application Framework
4.1 Aerial Imaging Market share by application, 2016 & 2024

5. Regional Outlook
5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 Latin America
5.5 MEA (Middle East and Africa)
5.6 RoW (Rest of the World)

6. Competitive Landscape
6.1 Kucera International Inc.
6.1.1 Company Overview
6.1.2 Revenue Analysis
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 DJI Co.Ltd.
6.2.1 Company Overview
6.2.2 Revenue Analysis
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 EagleView Technologies
6.3.1 Company Overview
6.3.2 Revenue Analysis

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6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 AeroMetric Inc.
6.4.1 Company Overview
6.4.2 Revenue Analysis
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Google Inc.
6.5.1 Company Overview
6.5.2 Revenue Analysis
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives

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