This market research report includes a detailed segmentation of the global aerial imaging market by end-users (oil and gas, infrastructure ad buildings, mining, sustainable energy, public sector, forestry and agriculture and military and defence). It also outlines the market shares for key regions such as the Americas, EMEA, and APAC. The leading vendors analyzed in this report are Cooper Aerial Surveys, Fugro, GeoVantange, Kucera International, NRC and Ofek Aerial Photography.
Technavio’s market research analysts estimate the global aerial imaging market, to grow at a CAGR of 13% between 2016 and 2020. Aerial imaging services find applications in surveying and mapping, thermal surveys, and marketing and promotions. The demand for geospatial data for commercial applications drives the global aerial imaging market. EMEA leads the global aerial imaging market, accounting for 48% of the total market share. Much of this region’s growth comes from the increasing use of aerial imagery for archeological activities.
The new market research report from Technavio provides a breakdown and analysis of the aerial imaging segments by technology.
“Big data cloud services provide reliable and actionable data for automatic processing and analyzing of raw aerial images. Big data cloud technologies convert aerial imagery into precision 3D photogrammetry. Big data analytics solutions enable appropriate pattern analysis, considering parameters such as land fertility levels and terrain features. Field scouting mobile and cloud solutions, along with on-demand aerial imaging services, significantly improves crop scouting and crop yield,” says Rakesh Panda, Lead Analyst, ICT, Technavio Research
Aerial imagery provides accurate surveying and mapping features for the oil and gas industry. Aerial imagery helps in field surveying and the exploration of resources. Drones with the latest technology and software produce aerial imagery that helps maximize field productivity. Oil and gas industry is expected to continue its dominance during the forecast period, growing at a CAGR of 8% by 2020.
The key vendors in the global aerial imaging market include Cooper Aerial Surveys, Fugro, GeoVantange, Kucera International, NRC and Ofek Aerial Photography. Competition in this market is low due to the presence of very few vendors. Most vendors compete in terms of price because established vendors like Fugro are clear market leaders with regard to aspects, including technology, quality, safety, and reliability. Vendors in the market are making continual investments to deliver superior service in terms of quality, efficiency, and cost.
A more detailed analysis is available in the Technavio report, Global Aerial Imaging Market 2016-2020.
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