Technological Advancements in Unmanned Aerial Vehicle (UAV) and Drone Technology Augmenting Market Growth
The increasing demand for unmanned aerial vehicles (UAVs) and drones is experiencing rapid growth due to the rising employment of aerial imaging systems to ensure safety measures in various public places. Aerial imaging is also used for preventing terrorist activities around borders and ports and maintaining the safety of a nation. There is currently a rise in the demand for aerial imaging systems in the agricultural sector for crop monitoring and various other purposes. In addition, UAVs and drones are extremely effective for filming and photography as they enable individuals to take wide-angle shots of various locations and scenes. Moreover, the rising integration of various advanced features, such as voice assistance, internet connectivity, and geo-tagging, is bolstering the growth of the aerial imaging market.Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The structure of the aerial imaging market is fragmented, with a large number of regional and local vendors operating independently. The volume of new entrants is high due to the requirements of low initial investments and constant product innovations. In addition, the product differentiation rate of the industry is low and key players are competing on the basis of the quality of services and pricing offered to the customers.
- What is Aerial Imaging?
COVID-19 Impact:
The outbreak of the coronavirus caused a slight disturbance in the growth of the aerial imaging market due to the imposition of restrictions on roads and disruption of the normal supply of products. Besides this, the imposition of lockdowns impacted domestic supply chains, which closed production plants and other operations associated with the manufacturing process. However, there was an increase in the demand for aerial imaging systems for mapping vineyards, monitoring construction sites, and various other public places remotely by maintaining social distancing is propelling the growth of the market. In addition, governing agencies of various countries were utilizing video surveillance and broadcasting voice messages with drones to raise awareness among the masses. Besides this, aerial imaging became the most preferred way for businesses and individuals to gain an enhanced view of business operations remotely, which bolstered the growth of the market. Furthermore, the increasing utilization of drones by law enforcement departments to manage traffic and monitor the movements of vehicles on highways and roads supported the demand for aerial imaging during the pandemic.Aerial Imaging Market Trends
At present, the rising construction of various residential and commercial buildings around the world represents one of the key factors influencing the market positively. Besides this, the rising traveling and tourism activities across the globe to explore new places and enjoy beautiful scenic views are propelling the growth of the market. In addition, the growing utilization of aerial imaging in the construction industry to remotely perform research and land mapping is contributing to the growth of the market. Apart from this, the increasing employment of aerial imaging solutions for examining archaeological sites is supporting the growth of the market. Additionally, key market players are integrating various technologically advanced features, such as artificial intelligence (AI) and the internet of things (IoT), to enhance the functionality of aerial imaging systems. Moreover, the increasing adoption of aerial imaging for defense applications and conducting search operations in various inaccessible locations is bolstering the growth of the market.Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the global aerial imaging market report, along with forecasts at the global, regional and country level from 2023-2032. The report has categorized the market based on aircraft type, camera orientation, application and end use sector.Aircraft Type Insights:
- Fixed-Wing Aircraft
- Helicopters
- UAVs/Drones
- Others
Camera Orientation Insights:
- Vertical
- Oblique
- High Oblique
- Low Oblique
Application Insights:
- Geospatial Mapping
- Infrastructure Planning
- Asset Inventory Management
- Environmental Monitoring
- National and Urban Mapping
- Surveillance and Monitoring
- Disaster Management
- Others
End Use Sector Insights:
- Government
- Energy
- Defense
- Agriculture and Forestry
- Construction and Archaeology
- Media and Entertainment
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global aerial imaging market. Some of the companies covered in the report include:- Blom Norway (Terratec AS)
- Cooper Aerial Surveys Co.
- Digital Aerial Solutions LLC
- Eagle Aerial Solutions
- Eagle View Technologies Inc.
- Fugro N.V.
- GeoVantage Inc. (John Deere)
- Global UAV Technologies Ltd.
- Kucera International Inc.
- Landiscor Real Estate Mapping
Key Questions Answered in This Report
1. What was the size of the global aerial imaging market in 2023?2. What is the expected growth rate of the global aerial imaging market during 2024-2032?
3. What are the key factors driving the global aerial imaging market?
4. What has been the impact of COVID-19 on the global aerial imaging market?
5. What is the breakup of the global aerial imaging market based on the aircraft type?
6. What is the breakup of the global aerial imaging market based on the camera orientation?
7. What is the breakup of the global aerial imaging market based on end use sector?
8. What are the key regions in the global aerial imaging market?
9. Who are the key players/companies in the global aerial imaging market?
Table of Contents
Companies Mentioned
- Blom Norway (Terratec AS)
- Cooper Aerial Surveys Co. Digital Aerial Solutions LLC
- Eagle Aerial Solutions
- Eagle View Technologies Inc.
- Fugro N.V.
- GeoVantage Inc. (John Deere)
- Global UAV Technologies Ltd.
- Kucera International Inc. and Landiscor Real Estate Mapping
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | January 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 2.6 Billion |
Forecasted Market Value ( USD | $ 8.1 Billion |
Compound Annual Growth Rate | 13.2% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |