+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Unmanned Traffic Management (UTM) - Global Market Trajectory & Analytics

  • PDF Icon

    Report

  • 315 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806203

Global Unmanned Traffic Management (UTM) Market to Reach $1.9 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Unmanned Traffic Management (UTM) estimated at US$603.6 Million in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 18.1% over the analysis period 2020-2027. Services, one of the segments analyzed in the report, is projected to record a 17.9% CAGR and reach US$925.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 19% CAGR for the next 7-year period.

The U.S. Market is Estimated at $397.6 Million, While China is Forecast to Grow at 23.2% CAGR

The Unmanned Traffic Management (UTM) market in the U.S. is estimated at US$397.6 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$98.3 Million by the year 2027 trailing a CAGR of 23.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.5% and 16.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.4% CAGR.

Hardware Segment to Record 16.6% CAGR

In the global Hardware segment, USA, Canada, Japan, China and Europe will drive the 16.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$99.9 Million in the year 2020 will reach a projected size of US$290 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 42 Featured) -

  • AirMap
  • Altitude Angel
  • Delair
  • DJI
  • Frequentis
  • Harris Corporation
  • Leonardo S.p.A
  • Lockheed Martin
  • Nova Systems
  • OneSky
  • PrecisionHawk
  • Sensefly SA
  • Skyward IO
  • Thales Group
  • Unifly

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • 2020: A Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Pandemic Presents a Mixed Bag of Challenges and Opportunities for Drones Market
  • Global Drones Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • COVID-19 Pandemic Weighs on Global Adoption of UTM Systems
  • Unmanned Traffic Management (UTM) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Growing UAV Traffic in Commercial Airspace: The Foundation for Growth in the Market
  • Reasons Behind the Proliferation of Drones
  • Global Investments in Drone Technologies 2010, 2012, 2014, 2016, 2018, 2020
  • A Review of Existing and Emerging Use Cases in the Commercial Space
  • World Drones Market by Application: 2021e
  • Why Unmanned Traffic Management is Important for Drones?
  • Near Mid-Air Collision Incidents: 2014-2019
  • Global Commercial Drone Unit Shipments (in ‘000 Units): 2016, 2018, 2020, 2022, 2024, & 2026
  • Key Components and Features
  • Regulations to Ensure Seamless Integration
  • BVLOS for Unmanned Industry
  • A Review of UTM Initiatives Worldwide
  • Recent Industry Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • An Insight into Innovative Technologies that Enable Autonomous Anti-Collision Flight
  • Select Recent Collaborations and Developments in UMT Space
  • Geofencing & Drone Zones, Attractive Solutions for Traffic Management
  • As Drone Incidents Continue to Rise in the Commercial Sector, the Need for UTM is Becoming More Urgent Than Ever: % Breakdown of Drone Incidents by Type
  • 5G to Strengthen the UTM Ecosystem
  • Breakdown of Network Latency (in Milliseconds) by Network Type
  • EU's 5G!Drones Project to Steer Implementation of 5G in UAV Domain
  • AI Finds Increasing Application in UTM Development
  • Blockchain Exudes Potential to Address UTM Challenges Regarding Drones in Airspace
  • Need for UMT Scales up as Unmanned Aircraft Systems Tap Wider Opportunities
  • Drone Air Taxis for Commuters to Add to Drone Overcrowding, Driving the Need for UTM
  • With Airbus & Uber Among Other Stakeholders Stepping Up their Investments in Flying Cars/Drones to Carry People & Cargo, UTM Comes Under Pressure for Accelerated Innovation: Global eVTOL Vehicles for Freight & Passengers (In US$ Billion) for the Year 2045, 2055 & 2065
  • Imposition of Stricter Regulations Provides Regulatory Driven Stability to Growth in the Market
  • New Regulatory Developments in Select Regions/Countries Worldwide
  • FAA's New Rules Herald Better Future for Drones in Commercial Deliveries
  • Europe Focuses on Establishing Robust STM Approach
  • Switzerland to Introduce UTM Services
  • Austria Aims to Develop National UTMS
  • Denmark Plans to Test UTM Platform to Integrate Commercial Drones into Airspace
  • Port of Antwerp Becomes First Seaport to Deploy UTM System to Accommodate Drones
  • UK's New Act to Bring Regulatory Regime for Drones Out of Flux
  • Drones Gain Spotlight for Emergency Response for Pandemic Management, Driving Up the Importance of UTM
  • Increased Deployment of Drone Delivery Operations Drives Demand for UTM in the Logistics & Transportation Industry
  • Demand for UTM to Rise as Drone Deliveries Mark a New Chapter in eCommerce
  • Global B2C E-Commerce Sales in US$ Trillion for the Years 2019, 2020, 2021, 2022, 2023, 2024, and 2025
  • Retail M-Commerce Sales as % of Retail E-commerce Sales Worldwide for the Years 2016, 2018, 2020 & 2022
  • Pandemic Drives the Drone Delivery Boom
  • Airborne Drones in Smart Cities for Surveillance, a Growth Catalyst in the UTM Market
  • Global Smart City Spending (In US$ Billion) for the Years 2021, 2024 & 2027
  • Increasing Application of Drones in Agriculture Drives Opportunities for UTM
  • Application of Agricultural Drones throughout the Crop Cycle
  • Pandemic Accelerates Uptake of Drones in Agriculture
  • Global Smart Agriculture Market in US$ Billion: 2020 and 2025
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Unmanned Traffic Management (UTM) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Unmanned Traffic Management (UTM) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
  • Table 3: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 5: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 9: World Recent Past, Current & Future Analysis for Communication Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Communication Infrastructure by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 11: World Recent Past, Current & Future Analysis for Navigation Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for Navigation Infrastructure by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Surveillance Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Surveillance Infrastructure by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 15: World Recent Past, Current & Future Analysis for Persistent by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 16: World 7-Year Perspective for Persistent by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 17: World Recent Past, Current & Future Analysis for Non-Persistent by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 18: World 7-Year Perspective for Non-Persistent by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Logistics & Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 20: World 7-Year Perspective for Logistics & Transportation by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 21: World Recent Past, Current & Future Analysis for Surveillance & Monitoring by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 22: World 7-Year Perspective for Surveillance & Monitoring by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 23: World Recent Past, Current & Future Analysis for Agriculture & Forestry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 24: World 7-Year Perspective for Agriculture & Forestry by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • China, Asia's Largest Deployer of Drones
EUROPE
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
FRANCE
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
REST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 43

Companies Mentioned

A selection of companies mentioned in this report includes:

  • AirMap
  • Altitude Angel
  • Delair
  • DJI
  • Frequentis
  • Harris Corporation
  • Leonardo S.p.A
  • Lockheed Martin
  • Nova Systems
  • OneSky
  • PrecisionHawk
  • Sensefly SA
  • Skyward IO
  • Thales Group
  • Unifly