The disclosure discloses a method and an apparatus for combining panoramic image. The method includes: obtaining multiple original images of the same scene, performing folding change and coordinates transformation to the multiple original images, and determining an overlapping area of the multiple original images; establishing a mathematical model of the multiple original images, aligning the overlapping area of the multiple original images, and transforming the multiple original images to a coordinate system of a reference image; obtaining the space transformation relationship among/between the multiple original images according to the coordinate system of the reference image, selecting an appropriate image combining strategy, and completing the combining of the images. The solution can realize obtaining scene picture with large field of view without reducing image resolution.