The global Aerial Imaging Market is expected to reach USD
2.24 billion by 2020, according to a new study by Grand View Research, Inc.
Growing demand in emerging application areas including natural resources
management, energy, and disaster prevention is expected to drive the market
over the next six years. Increased need for geospatial information and imagery
data is also expected to fuel demand over the forecast period.
Adoption of
location-based services (LBS) for navigation, remote monitoring, navigation and
mobile advertizing is expected to give impetus to the aerial imaging market.
Adverse weather conditions and related environmental factors may prevent
accurate imaging data collection. Security and privacy concerns among users are
also expected to hamper market growth over the next six years.
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Report By Grand View Research: http://www.grandviewresearch.com/industry-analysis/aerial-imaging-market
Further key findings from the study suggest:
· Commercial applications are expected to witness high
growth over the forecast period; they accounted for over 15% of the market in
2013. This can primarily be attributed to high adoption by the tourism
industry. Planning 3D or 2D seismic surveys for alleviating safety and
environment risks is expected to favorably impact the energy segment.
· Aerial construction progress images are used by
architects and engineers for infrastructure development activities. Deploying
aerial drones in place of manned helicopters for reducing overall cost is
expected to be a key growth opportunity. The agriculture sector benefits from
this technology through application in drainage planning and farmland
management.
· North America accounted for majority of the global market
share in 2013. High demand from the agriculture and forestry segment is
expected to be the chief growth driver for the regional market. Demand from
government agencies employing this technology for research purposes is also
expected to fuel the market over the next six years. High demand across
application areas is estimated to propel the Asia Pacific aerial imaging
market.
· Companies operating in the aerial imaging market may have
in-house systems and platforms; alternatively, they may also procure these from
suppliers. Continued investments in R&D and technological innovation have
been the key strategic initiatives undertaken by major industry participants.
Key market players include Blom ASA, Fugro EarthData, Google Inc, Pictometry
International, GeoVantage, Inc., Kucera International, Digital Aerial
Solutions, Ofek Aerial Photography, Eagle View Technologies, etc.
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more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the
global aerial imaging market on the basis of application and region:
Aerial Imaging Application Outlook
(Revenue, USD Million, 2012 - 2020)
• Government
• Commercial
• Civil Engineering
• Military & Defense
• Forestry & Agriculture
• Energy
• Insurance
Aerial Imaging Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
• Government
• Commercial
• Civil Engineering
• Military & Defense
• Forestry & Agriculture
• Energy
• Insurance
Aerial Imaging Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
Access
press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-aerial-imaging-market
About
Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For
more information: http://www.grandviewresearch.com
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