+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)

PRINTER FRIENDLY

Global Unmanned Traffic Management (UTM) Market Analysis, 2021

  • ID: 5439644
  • Report
  • August 2021
  • Region: Global
  • 223 Pages
  • MarkNtel Advisors LLP

FEATURED COMPANIES

  • AirMap
  • Altitude Angel
  • Harris Corporation
  • Leonardo Finmeccanica
  • Lockheed Martin
  • Nova Systems
An Unmanned Traffic Management (UTM) is an ecosystem that manages the traffic of uncontrolled operations that are separate but complementary to the FAA's Air Traffic Management (ATM) system.

The Global Unmanned Traffic Management (UTM) Market is likely to grow at a CAGR of around 23.47% during the forecast period, i.e., 2021-26, says the author. It principally owes to the collaboration between Federal Aviation Administration (FAA), NASA, other federal partner agencies & industries to explore the concepts of operation, data exchange requirements, and support framework, enabling multiple BVLOS drone operations at lower altitudes.

Moreover, the growing number of conventional aircraft owing to the changing preferences & increasing disposable income of people shall also increase the air traffic and the demand for UTM in the forecast period.

Besides, end-users like Agriculture & Forestry, Logistics & Transportation, and Surveillance & Monitoring extensively using UAVs & drones shall multiply the air traffic and surge the demand for efficient & safe traffic management systems through UTM during 2021-26.

Covid-19 Severely Impacted the Global Unmanned Traffic Management (UTM) Market


The Covid-19 pandemic minimally affected the Global Unmanned Traffic Management (UTM) Market. Of all the regions, the US was the least affected by the pandemic, while Asia-Pacific & South America faced vulnerabilities like supply chain disruptions & operational constraints. Besides, the slightly reduced defense spending on a short-term basis was another effect of the pandemic on the global market.

On the other hand, the Global Unmanned Traffic Management Market displayed an increasing demand for drones for purposes like transportation of medical supplies & lab samples. Additionally, these drones also helped disinfect contaminated areas through aerial sprays and monitored public places during quarantine.

UTM to Display the Highest Demand in the Forecast Period


Based on the Type, the Global Unmanned Traffic Management (UTM) Market segments into Persistent UTM & Non-Persistent UTM. Of both, the Persistent UTM type shows more signs of observing the highest demand rate in the forecast period. It owes to the surging requirements of UAVs & drones, along with their increasing penetration across end-users like agriculture, surveillance & security, and e-Commerce for their high efficiency.

Moreover, the demand for drones across the commercial sector & industrial sector for vehicle traffic monitoring & searching operations & delivery services, respectively, is also propelling the segment growth significantly. Additionally, the rising logistics & transportation activities in developed countries shall further drive the segment to observe its highest demand in the forecast period.

Logistic & Transportation to Witness the Fastest Growth in the Global Unmanned Traffic Management (UTM) Market


Based on the End-User, the Global Unmanned Traffic Management market segments into Agriculture & Forestry, Logistics & Transportation, and Surveillance & Monitoring. Of them all, the Logistics & Transportation end-user is projected to display the fastest market growth in the forecast period. It owes to the growing utilization of drones by several companies to deliver products or people across places.

Transportation through ambulance drones carrying first aid and other medical equipment at the sight of the accident is expanding significantly. Furthermore, the rising adoption of small UAVs weighing less than 25 kgs, especially across e-commerce & retail companies, for delivering goods shall also fuel the segment growth in the forecast period, states the author in their research report, “Global Unmanned Traffic Management (UTM) Market Analysis, 2021.”

Market Driver


The prime factors likely to drive the Global Unmanned Traffic Management (UTM) Market growth in the forecast period include the rising deployment of drones across commercial & civil applications, coupled with the surging focus of unmanned industries on BVLOS operations with an economic value greater than VLOS missions.

Additionally, the market shall present potential growth opportunities for stakeholders like Air Navigation Service providers, Law Enforcement, Communication System Providers, Data Service Providers, Commercial Drone Operators, and UAS Service Suppliers.

Furthermore, the changing regulatory framework for drone operations, coupled with rising participation by private companies, shall also fuel the Global Unmanned Traffic Management (UTM) Market growth in the years to come.

Market Restraints


The most prominent factor restraining the market growth includes the vast government regulations & certifications for UAVs & flying drones to regulate their air traffic & flying zones, thereby hampering the demand for UTMs. This factor shall further reduce the need for UAVs, drones, and air traffic and, in turn, would hinder the UTM market growth.

Regional Landscape


North America to Display the Fastest Market Growth, While Asia-Pacific to Dominate the Market During 2021-26


Geographically, the Global Unmanned Traffic Management (UTM) Market expands across North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Of all the regions, North America accounted for the highest demand for UTM, particularly in the US recently, owing to the rising penetration of Autonomous Aerial Vehicles (AAV) & Unmanned Aerial Vehicles (UAV) across the country.

Additionally, the support from the US defense department also provided incentives, enabling the region to dominate the market. In the coming years, with the mounting drone activities & investments by government agencies in drone BVLOS operations, the air traffic shall surge the demand for Unmanned Traffic Management systems across North America.

On the other hand, Europe is likely to emerge as a region producing remunerative growth opportunities for the market players in the forecast period. It critically owes to the deployment of UAVs and drones across various end-user sectors and the rising number of conventional aircraft. Besides, the supportive government regulations like the European Aviation Safety Agency (EASA) working on finalizing European Union rules for all kinds of unmanned aircraft shall also propel the demand for UTMs in the region. Here, Germany is imposing several regulations permitting BVLO flights when the operator verifies a safe flight record, coupled with drones weighing below 25 kg to fly under 100 meters.

On the other hand, the Asia Pacific region is projected to dominate the market with the largest share in the forecast period. Here, China shall be a prominent player pushing the demand for UTM systems due to its rapid technological advancements and constant infrastructural developments to give an upper edge to the country.

Besides, Australia shall emerge as a competing sector owing to the Civil Aviation Safety Authority (CASA) allowing the employment of drones. Additionally, the country is also allowing drones weighing less than 2kg and can fly within 400ft above unpopulated areas for VLOS operations without a permit.

Competitive Landscape


According to the publishers, the leading players in the Global Unmanned Traffic Management (UTM) Market are Requentis, Leonardo Finmeccanica, AirMap, Altitude Angel, Thales Group, Harris Corporation, Skyward IO, Lockheed Martin, Nova Systems, Unifly, PrecisionHawk, TAIWAN FLUORO TECHNOLOGY CO., LTD.

Key Questions Answered in the Market Research Report:


1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Unmanned Traffic Management (UTM) Market?
2. What are the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Unmanned Traffic Management (UTM) Market?
4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Unmanned Traffic Management (UTM) Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Global Unmanned Traffic Management (UTM) Market study?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AirMap
  • Altitude Angel
  • Harris Corporation
  • Leonardo Finmeccanica
  • Lockheed Martin
  • Nova Systems

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Definition
2. Executive Summary3. Impact of COVID-19 on Global Unmanned Traffic Management (UTM) Market4. Global Unmanned Traffic Management (UTM) Market Regulations & Policy5. Global Unmanned Traffic Management (UTM) Market Trends & Insights
6. Global Unmanned Traffic Management (UTM) Market Dynamics
6.1. Drivers
6.2. Challenges
6.3. Impact Analysis
7. Global Unmanned Traffic Management (UTM) Market Hotspots & Opportunities
8. Global Unmanned Traffic Management (UTM) Market Startup Ecosystem
8.1. Entrepreneurial Activity
8.2. Year on Year Funding Received
8.3. Funding Received by Top Companies
8.4. Key Investors Active in the Market
8.5. Series Wise Funding Received
8.5.1. Seed Funding
8.5.2. Angel Investing
8.5.3. Venture
8.5.4. Others
9. Global Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
9.1. Market Size & Analysis
9.1.1. By Revenues (USD Million)
9.2. Market Share & Analysis
9.2.1. By Component
9.2.1.1. Hardware
9.2.1.2. Software
9.2.1.3. Service
9.2.1.3.1. Security Services
9.2.1.3.2. Flight Services
9.2.1.3.3. Information Services
9.2.2. By Solution
9.2.2.1. Communication Infrastructure
9.2.2.2. Navigation Infrastructure
9.2.2.3. Surveillance Infrastructure
9.2.3. By Type
9.2.3.1. Persistent UTM
9.2.3.2. Non-Persistent UTM
9.2.4. By End-User
9.2.4.1. Agriculture & Forestry
9.2.4.2. Logistics & Transportation
9.2.4.3. Surveillance & Monitoring
9.2.5. By Region
9.2.5.1. North America
9.2.5.2. South America
9.2.5.3. Europe
9.2.5.4. Asia Pacific
9.2.5.5. Middle East and Africa
9.2.6. By Competitors
9.2.6.1. Competition Characteristics
9.2.6.2. Market Share & Analysis
9.2.6.3. Competitive Matrix
10. North America Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
10.1. Market Size & Analysis
10.1.1. By Revenues (USD Million)
10.2. Market Share & Analysis
10.2.1. By Component
10.2.2. By Solution
10.2.3. By Type
10.2.4. By End-User
10.2.5. By Country
10.2.5.1. The U.S.
10.2.5.2. Canada
10.2.5.3. Mexico
10.3. The U.S. Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
10.3.1. Market Size & Analysis
10.3.1.1. By Revenues (USD Million)
10.3.2. Market Share & Analysis
10.3.2.1. By Solution
10.3.2.2. By Type
10.4. Canada Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
10.4.1. Market Size & Analysis
10.4.1.1. By Revenues (USD Million)
10.4.2. Market Share & Analysis
10.4.2.1. By Solution
10.4.2.2. By Type
10.5. Mexico Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
10.5.1. Market Size & Analysis
10.5.1.1. By Revenues (USD Million)
10.5.2. Market Share & Analysis
10.5.2.1. By Solution
10.5.2.2. By Type
11. Latin America Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
11.1. Market Size & Analysis
11.1.1. By Revenues (USD Million)
11.2. Market Share & Analysis
11.2.1. By Component
11.2.2. By Solution
11.2.3. By Type
11.2.4. By End-User
11.2.5. By Country
11.2.5.1. Brazil
11.2.5.2. Argentina
11.3. Brazil Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
11.3.1. Market Size & Analysis
11.3.1.1. By Revenues (USD Million)
11.3.2. Market Share & Analysis
11.3.2.1. By Solution
11.3.2.2. By Type
11.4. Argentina Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
11.4.1. Market Size & Analysis
11.4.1.1. By Revenues (USD Million)
11.4.2. Market Share & Analysis
11.4.2.1. By Solution
11.4.2.2. By Type
12. Europe Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
12.1. Market Size & Analysis
12.1.1. By Revenues (USD Million)
12.2. Market Share & Analysis
12.2.1. By Component
12.2.2. By Solution
12.2.3. By Type
12.2.4. By End-User
12.2.5. By Country
12.2.5.1. The U.K.
12.2.5.2. Germany
12.2.5.3. France
12.2.5.4. Spain
12.2.5.5. Italy
12.2.5.6. The Netherlands
12.2.5.7. Others
12.3. The U.K. Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
12.3.1. Market Size & Analysis
12.3.1.1. By Revenues (USD Million)
12.3.2. Market Share & Analysis
12.3.2.1. By Solution
12.3.2.2. By Type
12.4. Germany Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
12.4.1. Market Size & Analysis
12.4.1.1. By Revenues (USD Million)
12.4.2. Market Share & Analysis
12.4.2.1. By Solution
12.4.2.2. By Type
12.5. France Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
12.5.1. Market Size & Analysis
12.5.1.1. By Revenues (USD Million)
12.5.2. Market Share & Analysis
12.5.2.1. By Solution
12.5.2.2. By Type
12.6. Spain Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
12.6.1. Market Size & Analysis
12.6.1.1. By Revenues (USD Million)
12.6.1.2. By Solution
12.6.1.3. By Type
12.6.2. Market Share & Analysis
12.6.2.1. By Type
12.6.2.2. By Technology
12.7. Italy Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
12.7.1. Market Size & Analysis
12.7.1.1. By Revenues (USD Million)
12.7.2. Market Share & Analysis
12.7.2.1. By Solution
12.7.2.2. By Type
12.8. The Netherlands Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
12.8.1. Market Size & Analysis
12.8.1.1. By Revenues (USD Million)
12.8.2. Market Share & Analysis
12.8.2.1. By Solution
12.8.2.2. By Type
13. Asia-Pacific Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
13.1. Market Size & Analysis
13.1.1. By Revenues (USD Million)
13.2. Market Share & Analysis
13.2.1. By Component
13.2.2. By Solution
13.2.3. By Type
13.2.4. By End-User
13.2.5. By Country
13.2.5.1. China
13.2.5.2. India
13.2.5.3. Japan
13.2.5.4. South Korea
13.2.5.5. Australia
13.2.5.6. Others
13.3. China Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
13.3.1. Market Size & Analysis
13.3.1.1. By Revenues (USD Million)
13.3.2. Market Share & Analysis
13.3.2.1. By Solution
13.3.2.2. By Type
13.4. India Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
13.4.1. Market Size & Analysis
13.4.1.1. By Revenues (USD Million)
13.4.2. Market Share & Analysis
13.4.2.1. By Solution
13.4.2.2. By Type
13.5. Japan Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
13.5.1. Market Size & Analysis
13.5.1.1. By Revenues (USD Million)
13.5.2. Market Share & Analysis
13.5.2.1. By Solution
13.5.2.2. By Type
13.6. South Korea Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
13.6.1. Market Size & Analysis
13.6.1.1. By Revenues (USD Million)
13.6.2. Market Share & Analysis
13.6.2.1. By Solution
13.6.2.2. By Type
13.7. Australia Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
13.7.1. Market Size & Analysis
13.7.1.1. By Revenues (USD Million)
13.7.2. Market Share & Analysis
13.7.2.1. By Solution
13.7.2.2. By Type
14. Middle East and Africa Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
14.1. Market Size & Analysis
14.1.1. By Revenues (USD Million)
14.2. Market Share & Analysis
14.2.1. By Component
14.2.2. By Solution
14.2.3. By Type
14.2.4. By End-User
14.2.5. By Country
14.2.5.1. UAE
14.2.5.2. Saudi Arabia
14.2.5.3. South Africa
14.3. UAE Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
14.3.1. Market Size & Analysis
14.3.1.1. By Revenues (USD Million)
14.3.2. Market Share & Analysis
14.3.2.1. By Solution
14.3.2.2. By Type
14.4. Saudi Arabia Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
14.4.1. Market Size & Analysis
14.4.1.1. By Revenues (USD Million)
14.4.2. Market Share & Analysis
14.4.2.1. By Solution
14.4.2.2. By Type
14.5. South Africa Unmanned Traffic Management (UTM) Market Outlook, 2016-2026F
14.5.1. Market Size & Analysis
14.5.1.1. By Revenues (USD Million)
14.5.2. Market Share & Analysis
14.5.2.1. By Solution
14.5.2.2. By Type
15. Global Unmanned Traffic Management (UTM) Market Key Strategic Imperatives for Success and Growth
16. Competition Outlook
16.1. Competition Matrix
16.1.1. Brand Specialization
16.1.2. Target Markets
16.1.3. Target End Users
16.1.4. Research & Development
16.1.5. Strategic Alliances
16.1.6. Strategic Initiatives
16.2. Company Profiles
16.2.1. Requentis
16.2.2. Leonardo Finmeccania
16.2.3. AirMap
16.2.4. Altitude Angel
16.2.5. Thales Group
16.2.6. Harris Corporation
16.2.7. Skyward IO
16.2.8. Lockheed Martin
16.2.9. Nova Systems
16.2.10. Unifly
16.2.11. PrecisionHawk
16.2.12. TAIWAN FLUORO TECHNOLOGY CO., LTD
17. Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Requentis
  • Leonardo Finmeccanica
  • AirMap
  • Altitude Angel
  • Thales Group
  • Harris Corporation
  • Skyward IO
  • Lockheed Martin
  • Nova Systems
  • Unifly
  • PrecisionHawk
  • Taiwan Fluoro Technology Co. Ltd.
Note: Product cover images may vary from those shown