North America Aerial Imaging Market size to reach over $1.7bn by 2024

Published Date: 2019-02-15

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According to the Graphical Research new growth forecast report titled “North America Aerial Imaging Market Size By Platform (Fixed-wing Aircraft, Helicopter, UAV/drone), By Imaging Type (Vertical Imaging, Oblique Imaging), By Application (Geospatial Mapping, Disaster Management, Energy & Resource Management, Surveillance & Monitoring, Urban Planning, Conservation & Research), By End Use (Government, Energy, Military & Defense, Agriculture & Forestry, Archaeology & Civil Engineering, Oil & Gas)”, estimated to exceed USD 1.7 Billion By 2024.

North America aerial imaging market growth is attributed to various strategic partnerships and new product development initiatives undertaken by companies. The use of drones for commercial and personal purposes is regulated by various government authorities such as Transport Canada, Federal Aviation Administration (FAA), and Ottawa International Airport Authority. Such regulations largely influence the market growth in this region.

The oblique imaging segment is expected to register an accelerated growth between 2018 and 2024 with a CAGR of over 14%. The segment growth is driven by an extensive adoption of mapping systems that capture and process high-resolution oblique imagery and allow users to see and measure the top as well as sides of an object.

The aerial imaging market in the defense sector is projected to register the fastest growth rate of over 13% from 2018 to 2024 due to the increasing adoption of UAVs in security & defense applications. For instance, in July 2018, the U.S. army selected Raytheon’s Coyote unmanned aircraft system and the KRFS radar for countering UAS threats.

Some of the companies operating in the North America aerial imaging market are Landiscor Real Estate Mapping, Google, PrecisionHawk, Global UAV Technologies, GeoVantage, Eagle View Technologies, Digital Aerial Solutions, Cooper Aerial Surveys, Kucera International, 3D Robotics, AeroVironment, DroneDeploy, and Hoverfly Technologies.

Segments we Cover:

North America Aerial Imaging Market Statistics, By Platform

  • Fixed-wing Aircraft
  • Helicopter
  • UAV/drone

North America Aerial Imaging Market Trends, By Imaging Type

  • Vertical Imaging
  • Oblique Imaging

North America Aerial Imaging Market Growth, By Application

  • Geospatial Mapping
  • Disaster Management
  • Energy & Resource Management
  • Surveillance & Monitoring
  • Urban Planning
  • Conservation & Research

North America Aerial Imaging Market Size, By End Use

  • Government
  • Energy
  • Defense
  • Agriculture & Forestry
  • Archeology & Civil engineering
  • Oil & gas
  • Others (Tourism)

The above information has also been provided for the following countries:

  • U.S.
  • Canada