Digital image measurement method, as an ex-tension of Particle Image Velocimetry of single-phase flowmeasurement, was investigated for application to air-watertwo-phase flows. The method has strong potential ability inmeasuring bubble geometrical features and moving velocitiesfor complex bubble motion in aerated water flow. Both dilutedand dense bubble rising flows are measured using the digitalimage method. Measured bubble shapes and sizes, and bubblevelocities are affected by threshold selection for binary image.Several algorithms for selecting threshold are compared andmethods for calculating the time-averaged void fraction arediscussed.