The aerial advertising market size has grown strongly in recent years. It will grow from $6.5 billion in 2023 to $6.95 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The observed growth during the historical period can be attributed to factors such as the introduction of airborne banners, an increase in demand for outdoor advertising, the growth of event marketing strategies, the expansion of the tourism industry, and the adoption of aerial billboards.
The aerial advertising market size is expected to see strong growth in the next few years. It will grow to $8.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The anticipated growth in the forecast period can be attributed to the integration of drone technology, the expansion of aerial LED displays, the development of interactive aerial advertising, the provision of customized aerial advertising solutions, the growth of night-time aerial displays, and the inclusion of aerial advertising in virtual events. Major trends expected in the forecast period include innovation in aircraft banner technology, technological advancements in aircraft, collaborations with advertising agencies, progress in geo-targeted advertising, the use of 5G technology for real-time connectivity, and the adoption of biodegradable materials in aerial ads.
The anticipated rapid expansion of digital media is set to drive the growth of the aerial advertising market. Digital media, encompassing various platforms and electronic devices, offers air advertising companies extensive avenues for audience interaction, brand awareness elevation, consumer behavior influence, feedback gathering, service improvement, and sales augmentation. In 2022, the global social media user count increased by 190 million over the previous year, reaching 4.74 billion by October 2022, as reported by Hootsuite Inc. Furthermore, social media users now constitute 59.3% of the world's population, marking a 4.2% growth over the preceding 12 months on a global scale. This surge in digital media usage underscores its pivotal role in propelling the aerial advertising market.
The escalation of global tourism is expected to be a driving force for the growth of the aerial advertising market. Global tourism, denoting the movement of people across international borders for leisure, business, or other purposes, offers aerial advertising a substantial and diverse audience. Tourists from around the world present a unique opportunity for advertisers to target a broad demographic. The United Nations World Tourism Organization (UNWTO) reported that in 2022, over 900 million tourists traveled internationally, double the figure from 2021. The Middle East experienced a particularly notable growth in tourist arrivals, reaching 83% of pre-pandemic levels. This surge in global tourism contributes significantly to the expansion of the aerial advertising market.
Technological advancement stands out as a prominent trend gaining traction in the aerial advertising market. Leading companies in the market are directing their efforts toward developing innovative technologies to maintain their market positions. For instance, in August 2022, Drone Aerial Services LLC introduced SOOCS (Suspended Orientation Object Control System), an aerial advertising technology allowing drones to carry sizable billboard advertisements, showcasing the industry's commitment to technological innovation.
Collaborations between major companies in the aerial advertising market are contributing to the development of new products and strengthening market positions. These partnerships bring together complementary expertise, resources, and technologies, fostering innovation. In July 2023, Draganfly Inc. collaborated with Promo Drone to launch the Starling X.2 drone digital display messaging platform. This cutting-edge system combines Draganfly’s Commander 3 XL airframe with Promo Drone’s video display technology, featuring ultra-bright LED display panels. The Starling X.2 serves various sectors, including public safety, emergency response, outdoor events, advertising, marketing, and fan-centric experiences. The platform's integration enhances outdoor messaging capabilities and effectively communicates critical information during emergencies.
In December 2022, Western Michigan University Athletics entered into a partnership with Van Wagner, an advertising company specializing in aerial advertising solutions. This collaboration aims to represent WMU in the marketplace and enhance the in-venue experience for the athletic department's sponsors, business associates, and growing fan base.
Major companies operating in the aerial advertising market report are SkyVenture New Hampshire, Sky Advertising, Paramount Air Service Inc., Skywords Aerial Advertising & Skywriting, Van Wagner Aerial Media LLC, Traffic Displays LLC, Aerial Promotions Inc, Aerial Skyvertising Inc, Skyvertising Ltd, My SkyWriter, Ocean Aerial Ads Inc., NJ Air Ads, High Exposure Aerial Advertising, Beach Banners, Arnold Aerial Advertising Inc., AirSign Aerial Advertising, Airads Worldwide Aerial Advertising, Air America Aerial Ads LLC, Aerial Promotions.ca, Aerial Messages, Aerial Banners Inc., FlySkyAds, Ad-Air, Aerial Advertising Services, FlySigns Aerial Advertising, SignalHire.
North America was the largest region in the aerial advertising market in 2023. The regions covered in the aerial advertising market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerial advertising market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The main product types of aerial advertising include billboards, letter banners, skywriting, and others. A billboard is a large outdoor advertising structure that is usually freestanding or attached to the side of a building. These applications span various contexts, including economy class and business class, and cater to diverse end-users such as those in private and commercial use.
The aerial advertising market research report is one of a series of new reports that provides aerial advertising market statistics, including the aerial advertising industry's global market size, regional shares, competitors with an aerial advertising market share, detailed aerial advertising market segments, market trends and opportunities, and any further data you may need to thrive in the aerial advertising industry. This aerial advertising market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The aerial advertising market includes revenues earned by entities by providing drones advertising, LED screen advertising, aerial billboards, and dynamic displays. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The aerial advertising market size is expected to see strong growth in the next few years. It will grow to $8.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The anticipated growth in the forecast period can be attributed to the integration of drone technology, the expansion of aerial LED displays, the development of interactive aerial advertising, the provision of customized aerial advertising solutions, the growth of night-time aerial displays, and the inclusion of aerial advertising in virtual events. Major trends expected in the forecast period include innovation in aircraft banner technology, technological advancements in aircraft, collaborations with advertising agencies, progress in geo-targeted advertising, the use of 5G technology for real-time connectivity, and the adoption of biodegradable materials in aerial ads.
The anticipated rapid expansion of digital media is set to drive the growth of the aerial advertising market. Digital media, encompassing various platforms and electronic devices, offers air advertising companies extensive avenues for audience interaction, brand awareness elevation, consumer behavior influence, feedback gathering, service improvement, and sales augmentation. In 2022, the global social media user count increased by 190 million over the previous year, reaching 4.74 billion by October 2022, as reported by Hootsuite Inc. Furthermore, social media users now constitute 59.3% of the world's population, marking a 4.2% growth over the preceding 12 months on a global scale. This surge in digital media usage underscores its pivotal role in propelling the aerial advertising market.
The escalation of global tourism is expected to be a driving force for the growth of the aerial advertising market. Global tourism, denoting the movement of people across international borders for leisure, business, or other purposes, offers aerial advertising a substantial and diverse audience. Tourists from around the world present a unique opportunity for advertisers to target a broad demographic. The United Nations World Tourism Organization (UNWTO) reported that in 2022, over 900 million tourists traveled internationally, double the figure from 2021. The Middle East experienced a particularly notable growth in tourist arrivals, reaching 83% of pre-pandemic levels. This surge in global tourism contributes significantly to the expansion of the aerial advertising market.
Technological advancement stands out as a prominent trend gaining traction in the aerial advertising market. Leading companies in the market are directing their efforts toward developing innovative technologies to maintain their market positions. For instance, in August 2022, Drone Aerial Services LLC introduced SOOCS (Suspended Orientation Object Control System), an aerial advertising technology allowing drones to carry sizable billboard advertisements, showcasing the industry's commitment to technological innovation.
Collaborations between major companies in the aerial advertising market are contributing to the development of new products and strengthening market positions. These partnerships bring together complementary expertise, resources, and technologies, fostering innovation. In July 2023, Draganfly Inc. collaborated with Promo Drone to launch the Starling X.2 drone digital display messaging platform. This cutting-edge system combines Draganfly’s Commander 3 XL airframe with Promo Drone’s video display technology, featuring ultra-bright LED display panels. The Starling X.2 serves various sectors, including public safety, emergency response, outdoor events, advertising, marketing, and fan-centric experiences. The platform's integration enhances outdoor messaging capabilities and effectively communicates critical information during emergencies.
In December 2022, Western Michigan University Athletics entered into a partnership with Van Wagner, an advertising company specializing in aerial advertising solutions. This collaboration aims to represent WMU in the marketplace and enhance the in-venue experience for the athletic department's sponsors, business associates, and growing fan base.
Major companies operating in the aerial advertising market report are SkyVenture New Hampshire, Sky Advertising, Paramount Air Service Inc., Skywords Aerial Advertising & Skywriting, Van Wagner Aerial Media LLC, Traffic Displays LLC, Aerial Promotions Inc, Aerial Skyvertising Inc, Skyvertising Ltd, My SkyWriter, Ocean Aerial Ads Inc., NJ Air Ads, High Exposure Aerial Advertising, Beach Banners, Arnold Aerial Advertising Inc., AirSign Aerial Advertising, Airads Worldwide Aerial Advertising, Air America Aerial Ads LLC, Aerial Promotions.ca, Aerial Messages, Aerial Banners Inc., FlySkyAds, Ad-Air, Aerial Advertising Services, FlySigns Aerial Advertising, SignalHire.
North America was the largest region in the aerial advertising market in 2023. The regions covered in the aerial advertising market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerial advertising market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The main product types of aerial advertising include billboards, letter banners, skywriting, and others. A billboard is a large outdoor advertising structure that is usually freestanding or attached to the side of a building. These applications span various contexts, including economy class and business class, and cater to diverse end-users such as those in private and commercial use.
The aerial advertising market research report is one of a series of new reports that provides aerial advertising market statistics, including the aerial advertising industry's global market size, regional shares, competitors with an aerial advertising market share, detailed aerial advertising market segments, market trends and opportunities, and any further data you may need to thrive in the aerial advertising industry. This aerial advertising market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The aerial advertising market includes revenues earned by entities by providing drones advertising, LED screen advertising, aerial billboards, and dynamic displays. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aerial Advertising Market Characteristics3. Aerial Advertising Market Trends and Strategies32. Global Aerial Advertising Market Competitive Benchmarking33. Global Aerial Advertising Market Competitive Dashboard34. Key Mergers and Acquisitions in the Aerial Advertising Market
4. Aerial Advertising Market - Macro Economic Scenario
5. Global Aerial Advertising Market Size and Growth
6. Aerial Advertising Market Segmentation
7. Aerial Advertising Market Regional and Country Analysis
8. Asia-Pacific Aerial Advertising Market
9. China Aerial Advertising Market
10. India Aerial Advertising Market
11. Japan Aerial Advertising Market
12. Australia Aerial Advertising Market
13. Indonesia Aerial Advertising Market
14. South Korea Aerial Advertising Market
15. Western Europe Aerial Advertising Market
16. UK Aerial Advertising Market
17. Germany Aerial Advertising Market
18. France Aerial Advertising Market
19. Italy Aerial Advertising Market
20. Spain Aerial Advertising Market
21. Eastern Europe Aerial Advertising Market
22. Russia Aerial Advertising Market
23. North America Aerial Advertising Market
24. USA Aerial Advertising Market
25. Canada Aerial Advertising Market
26. South America Aerial Advertising Market
27. Brazil Aerial Advertising Market
28. Middle East Aerial Advertising Market
29. Africa Aerial Advertising Market
30. Aerial Advertising Market Competitive Landscape and Company Profiles
31. Aerial Advertising Market Other Major and Innovative Companies
35. Aerial Advertising Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Aerial Advertising Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aerial advertising market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for aerial advertising? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product Type: Billboards; Letter Banners; Skywriting; Other Product Types
2) By Application: Economy Class; Business Class
3) By End-user: Private Use; Commercial Use
Key Companies Mentioned: SkyVenture New Hampshire; Sky Advertising; Paramount Air Service Inc.; Skywords Aerial Advertising & Skywriting; Van Wagner Aerial Media LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- SkyVenture New Hampshire
- Sky Advertising
- Paramount Air Service Inc.
- Skywords Aerial Advertising & Skywriting
- Van Wagner Aerial Media LLC
- Traffic Displays LLC
- Aerial Promotions Inc
- Aerial Skyvertising Inc
- Skyvertising Ltd
- My SkyWriter
- Ocean Aerial Ads Inc.
- NJ Air Ads
- High Exposure Aerial Advertising
- Beach Banners
- Arnold Aerial Advertising Inc.
- AirSign Aerial Advertising
- Airads Worldwide Aerial Advertising
- Air America Aerial Ads LLC
- Aerial Promotions.ca
- Aerial Messages
- Aerial Banners Inc.
- FlySkyAds
- Ad-Air
- Aerial Advertising Services
- FlySigns Aerial Advertising
- SignalHire
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 6.95 Billion |
Forecasted Market Value ( USD | $ 8.78 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |