Aerial Imaging in Insurance Service Professional Market Covid-19 Impact In-Depth Industry Analysis 2029
The global aerial imaging market place size stood at United states$ 1,439.3 Mn in 2017 is projected to achieve US$ iv,125.2 Mn by the end of 2025, exhibiting a CAGR of 14.2% during the forecast period from 2018 – 2025.
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Aeriform imaging/photography combines the salient features of high precision and cost-effectiveness for volume based calculations, road designing, urban planning, and for updating the existing mapping. The past few years have witnessed a significant increase in adoption of aeriform imaging across various finish-utilize applications. As well, the ascent popularity of location-based services and increasing application areas of aeriform imagery are prominent drivers of the market. Incorporation of advanced technologies, such as LiDAR systems, 360-caste vision cameras and geographic data arrangement is likely to pave the way for new growth opportunities in the global market place.
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Market Segmentation
"UAV/Drones to Emerge as Near Attractive Aerial Imaging Platform"
In terms of camera orientation, the global market is categorized into oblique and vertical. The oblique aerial imaging segment is estimated to enhance its market share and showroom a healthy growth rate. This is because oblique aerial photographs are capable of reducing the costs involved in planning, mapping, and inventorying. By platform, the global market has been segmented into fixed-wing aircraft, helicopter, UAV/drones, and others. The UAV/drones segment is anticipated to be the fastest growing segment and captured approximately 45.vii% of the global aerial imaging market share in 2017.
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On the ground of end-utilise industry, the global market is segmented into government, energy sector, defense, forestry and agriculture, real estate, civil engineering, insurance, and others. Forestry & agriculture, and government and real estate are projected to be among the leading cease-use industry segments during 2018-2025. The growing need for energy and resource management and an increment in construction and development activities is estimated to heave market revenue during the forecast period.
Regional Assay
"Implementation of UAVs for Capturing Aeriform Imagery of Remote Locations Enables Market Exhibit Highest CAGR in the Asia Pacific"
The global aerial imaging marketplace growth is led past North America mainly due to the rise implementation of aerial imaging in agriculture and forestry manufacture for improved decision making. The global market in North America generated a revenue of US$ 683.7 Mn in 2017 and is expected to dominate the marketplace throughout the forecast menses. In terms of growth rate, the global market place in Asia Pacific is predicted to exhibit the fastest growth rate during the forecast catamenia. This is due to the implementation of innovative platforms such as drones and UAVs for gathering the required information from a high-resolution aerial paradigm captured. Further, the rising awareness regarding the advantages of utilizing aeriform imaging for urban planning, surveillance and monitoring, and disaster management, backed up with the increasing affordability of capturing aerial images is predicted to promote growth.
N America Aerial Imaging Market, 2017
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Primal Market Drivers
"Nearmap Ltd., EagleView Technologies, Inc., Fugro N.V. and NRC Group ASA Leading Global Aerial Imaging Market in Terms of Revenue"
Currently, the global market is moderately full-bodied due to the established global players and an extensive distribution network of leading companies in major geographies. The market is led by Nearmap Ltd., EagleView Technologies, Inc., Fugro Due north.V. and NRC Group ASA and they together account for more than one-third of market revenue share. These players maintain their stiff global foothold past focusing on production functioning, features, cost efficiency, and reliability. Furthermore, production innovation and new applied science development are probable to be fundamental market place strategies implemented by these companies during 2018-2025.
Leading companies such as Eagleview Technologies, Inc. are expanding their global reach by collaborating with regional and potential players. In December 2018, Eagleview announced the acquisition of Spookfish, an Australian-based aerial imagery company for enhancing its aerial imaging equipment. Other players operating in the global market place are Airobotics, DroneDeploy, 3D Robotics, Digital Aerial Solutions LLC, Cooper Aerial Surveys Co., GeoVantage Inc., Landiscor Real Manor Mapping, and Kucera International Inc., and others.
Report Coverage
Aerial imagery plays a major role in collecting information regarding any location/topography in the course of images from an elevated position which is beneficial for the investigation purpose. The increasing frequency of natural disasters demands for more efficient disaster direction system. Ongoing advocacy in the aerial image capturing equipment allows capturing accurate and precise imagery which is useful in disaster management.
The study provides qualitative and quantitative insights on aerial imaging industry and detailed analysis of global aerial imaging market size & growth charge per unit for all possible segments in the marketplace. The market is segmented by photographic camera orientation, platform, stop-apply industry and regionally. On the basis of camera orientation, the global market is categorized into oblique (high and low) and vertical aerial imaging. By platform, the market has been segmented into fixed-wing shipping, helicopter, UAV/drones, and others.
On the basis of terminate-use manufacture, the market is divided into government, energy sector, defence, forestry and agriculture, real estate, civil technology, insurance, and others. Geographically, the market is segmented into 5 major regions, which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions are further categorized into countries.
An Infographic Representation of Aerial Imaging Market
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Along with this, the study provides elaborative analysis of market dynamics and competitive mural. Various key insights provided in the report are the prevalence of key practices in aerial imaging methods, recent manufacture developments such as partnerships, mergers & acquisitions, manufacture SWOT assay, business strategies of leading market players, macro and micro economic indicators, and cardinal industry trends.
Segmentation
| Division | Details |
| Past Camera Orientation |
o High Oblique o Depression Oblique
|
| By Platform |
|
| By End-Use Industry |
|
| By Geography |
|
List OF Central COMPANIES PROFILED :
- Airobotics
- NRC Group ASA
- DroneDeploy
- Fugro N.V.
- 3D Robotics
- Digital Aeriform Solutions LLC
- EagleView Technologies, Inc.
- Nearmap Ltd.
- Cooper Aeriform Surveys Co.
- GeoVantage Inc.
- Landiscor Existent Estate Mapping
- Kucera International Inc.
Source: https://www.fortunebusinessinsights.com/industry-reports/aerial-imaging-market-100069
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