Aerial Imaging Market Worth USD 2.24 Billion by 2020

The aerial imaging market is expected to witness substantial growth over the forecast period, which can be attributed to the technological advancements in digital camera systems and the above ground aerial platforms. The technology proves effectively helpful in providing solutions with cost-effectiveness and high precision for volume calculations, planning, routing applications, or to update existing mapping. Latest developments in digital imaging and availability of images through the Internet have increased awareness pertaining to the techniques of aerial survey, serving a wide range of applications and end-users. The increased and inexpensive software support has radically widened the scope for aerial imaging market. Increased awareness and availability of high resolution aerial imagery from numerous suppliers is also expected to drive the aerial imaging market. In January 2015, the Federal Aviation Administration (FAA) allowed a real estate company, Tierra Antigua Realty, to use drones for aerial photography. The firm was given permission to fly a Phantom 2 Vision+ quadcopter for enhancing academic community awareness and augmenting real estate listing videos. For Market Research Report on “Aerial Imaging Market” Visit - aerial-imaging-marketAerial imaging has many applications such as disaster management, geospatial technology, defense & intelligence, natural resources management, and research & development activities. The defense sector has always been a prime consumer of aerial imaging and geospatial data. Moreover, natural resource management along with construction and mining development, are expected to emerge as promising applications for the aerial imaging industry. Other prospective end-use verticals of aerial imaging include commercial enterprises, civil engineering industry, government, military, agriculture & forestry, and energy sector applications such as drilling and in the logistics activities. Although there many factors favorably impacting market growth, operational and cost limitations along with security concerns may hinder the aerial imaging market growth. The development of Personal Aerial Mapping System (PAMS) and Unmanned Aerial Vehicle (UAV) in the North American and European countries is expected to propel market growth in these regions. Additionally, increased defense and military investments in countries such as India, China from the Asia Pacific region may attract a significant market for the market players. Prominent market players include Furgo EarthData, Inc., AeroMetric Inc., Google Inc., Digital Aerial Solutions, LLC, Kucera International Inc., Eagle View Technologies and Landiscor Aerial Information. Aerial Imaging Market Information Source: Grand View Research