Market Overview – Global Aerial Imagery Market Shares, Strategies And Forecasts Worldwide 2020 – By Acute Market Reports
The personal aerial mapping system (PAMS) and unmanned aerial vehicle (UAV) systems are anticipated to provide new opportunities, to the aerial imagery market growth. The personal aerial mapping system (PAMS) is an extremely computerized system, for aerial mapping and survey. It is built upon the “SmartOne” unmanned flying machine, with data processing and software for mission planning. The personal aerial mapping system allows non-experts to gather on-demand aerial photographs, and produce detailed digital surface models and orthophotograph mosaics, at a very low cost, as compared to that of conventional procedures. Positioning of aerial drones in the place of manned helicopters for minimizing overall cost is expected to be a key growth opportunity, influencing the growth of the global aerial imagery market. The agriculture sector aids from the drone technology, through application in farmland management, and drainage planning.
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The global aerial imagery market can be segmented on the basis of application for sectors, such as agriculture and forestry, government, military and defense, commercial, insurance, civil engineering, and energy. Commercial applications are expected to witness high growth over the forecast period, owing to the high adoption by the tourism industry. Planning 2D or 3D seismic surveys for relieving safety and environment risks, is expected to favorably impact the energy segment.
Aerial imagery provides a valuable source of information for managing, forecasting, studying, and monitoring human activities, and natural resources. Procurement of aerial photos from diverse periods is a useful way to research the history of an area, or authenticate diverse uses of land over time. Aerial construction evolvement images are used by engineers and architects for infrastructure development activities. Aerial imagery or aerial photography is the capturing of photographs of the earth’s surface from a raised position. The camera is not usually supported by a ground-based structure. Stand-alone telescoping, helicopters, fixed-wing aircraft, balloons, rockets, pigeons, kites, parachutes, vehicle-mounted poles, and multicolor unmanned aircraft systems (UAS) are the various platforms used for aerial imagery. Mounted cameras for taking photographs can be triggered automatically or remotely, while hand-held pictures can be taken by a photographer.
Extraordinary demand from forestry and agriculture segment is the prime growth driver of the aerial imagery markets. Demand from government agencies employing this technology for research purposes, is also expected to fuel the market, over the forecast period. The increased demand from the application sector is estimated to fuel the Asia-Pacific aerial imagery market.
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Additionally, developing camera technologies such as UltraCam Hawk, UltraCam Osprey, UltraCam Eagle, and UltraCam Falcon by Microsoft, along with new trends, such as aerial archeology are projected to provide new avenues, for growth of the aerial imaging market in the next few years. The hawk, osprey, and eagle provide highly automatic photogrammetric processing capabilities, to allow organizations for rapidly generating quality data products from an UltraCam flight.
Operational limitations and security concerns are some of the challenges, within the global aerial imagery market. The security concerns associated with drones as autonomous flying robots have become a major hindrance in the growth of the global aerial imagery market. The autonomous aircraft drones, which aren’t administered by the government agencies/authorities, are considered unsuitable for regulation, due to the legal and liability issues.
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Continuous investments in research and development, and technological innovations are the key strategic initiatives, which have been undertaken by major industry competitors. Some of the major competitors in the global aerial imagery market include BLOM ASA, Fugro EarthData Inc., Google Inc., EagleView Technologies Inc, Kucera International Inc., GeoVantage Inc., and Digital Aerial Solutions, LLC.
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