Pune, India, Jan. 30, 2023 (GLOBE NEWSWIRE) — Global aerial photography market stood in size $1,439.3 Million US Dollars in 2018 expected to arrive 4,125.2 million US dollars by the end of 2025displays a 14.2% CAGR during the forecast period of 2018 – 2025. According to a report published by Fortune Business Insights, “Aerial photography market size, share, and industry analysis by camera orientation (oblique, vertical), platform (fixed-wing aircraft, helicopters, drones/UAVs), end-use industry ( Government, Energy Sector, Defence, Forestry and Agriculture, Real Estate, Civil Engineering, Insurance) and Regional Outlook, 2018-2025”
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List of companies included in the report:
- NRC ASA Group
- without pilot
- Fugro NV
- 3D robots
- Digital Air Solutions LLC
- Eagle View Technologies, Inc
- Nearmap Ltd.
- Cooper Aerospace Corporation
- GeoVantage Inc
- Landecor real estate maps
- Kucera International Inc.
Scope and segmentation report-
|forecast period||2018 to 2025|
|Forecast period 2025 compound annual growth rate||14.2%|
|2025 drop value||4125.2 million US dollars|
|market size in 2018||1439.3 million US dollars|
|Historical data about||2014 to 2016|
|number of pages||140|
|sectors covered||By camera orientation, by platform, by end-use industry|
Browse the detailed summary of the research report using the table of contents:
“The forestry and agricultural sector dominates the market”
Among the end users in the market, the report expects government, real estate, forestry and agriculture sectors to show increased demand for aerial photography during the forecast period. Besides, the increasing need for resource and energy management and increasing construction and development activities will create profitable growth opportunities for the market in the coming years.
Likewise, depending on the camera orientation, the oblique shooting segment is likely to see higher demand than its counterpart in the portrait orientation. This is because the use of aerial photographs can help reduce the cost of inventory, mapping and planning. These factors may bode well for the aerial photography market in the long term.
Aerial photography and videography can also be used in archaeological research, helping researchers explore ancient landscapes and historical sites. This is likely to be among the primary factors driving the growth of the market. This, along with the increasing adoption of PAMS or Personal Aerial Mapping Systems, will create better growth opportunities for aerial photography in the market.
Real estate companies display a high demand for aerial photography
Aerial photography is cost effective and has creative applications. This according to Fortune Business Insights is fueling the uptake of aerial photography for real estate ads as well. Real estate buyers can use aerial photos to seal a good deal for their property. Motivated by this, the market will also gain momentum in the coming years.
Geographically, the aerial photography market is dominated by North America due to the increasing implementation of innovative technologies such as drones and drones. For example, aerial photographs have higher resolution and better clarity, which fuels their demand in various industries. Moreover, increasing awareness about the advantages of using aerial imagery for urban planning, monitoring and control is predicted to create better growth opportunities for the global market. Besides, the Asia Pacific region is expected to show faster growth during the forecast period. The demand for clear aerial photography in emergencies such as disaster management will also help increase the market in the Asia-Pacific region.
North America is driving the growth of the global aerial photography market mainly due to increased implementation of aerial photography in agriculture and forestry industry to improve decision making. The global market in North America generated revenues of $683.7 million in 2017 and is expected to dominate the market throughout the forecast period. In terms of growth rate, the global market in the Asia-Pacific region is expected to show the fastest growth rate during the forecast period.
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Detailed table of content:
- an introduction
- Search range
- Market segmentation
- Research methodology and assumptions
- Executive summary
- Market dynamics
- Market drivers
- market restrictions
- market opportunities
- the main ideas
- Global market overview
- Macro and micro economic indicators
- emerging market trends
- Industry SWOT analysis
- Global Aerial Photography Market Analysis, Insights & Forecasts, 2014-2025
- Main findings/summary
- Market analysis, insights and forecasts – by camera direction
- low oblique
- Market analysis, insights and forecasts – by platform
- Fixed wing aircraft
- Drones / UAVs
- Market analysis, insights and forecasts – by end-use industry
- energy sector
- Forestry and agriculture
- Real estate
- Civil Engineering
- an introduction
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