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The Global Unmanned Traffic Management Market size was estimated at USD 98.96 million in 2022, USD 125.74 million in 2023, growing at a CAGR of 30.12% to reach USD 813.59 million by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Unmanned traffic management (UTM) provides an automated system for monitoring and coordinating land, air, or water-based vehicle, providing real-time route adjustments to ensure safety. This has allowed unmanned vehicles to be used in more applications, such as delivery services, firefighting, and mapping services. The popularity of UTM is driven by its ability to provide cost-effective solutions for managing air traffic and reducing potential hazards associated with aircraft operations. Government investments in accelerating the use of drones for military applications, along with the rise of unmanned aerial vehicles in precision agriculture activities, are the primary factors adding to the use of UTM. However, the concerns associated with the technical limitations of UTM, along with issues of privacy and security breaches, impede product penetration across end-user industries. Market players are working towards developing more advanced and secure UTM systems to remain competitive in the market and sustain UTM provision. The introduction of 5G networks can assist in developing improved communication of UTM systems.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Unmanned Traffic Management Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
This research report categorizes the Global Unmanned Traffic Management Market in order to forecast the revenues and analyze trends in each of following sub-markets:- Based on Component, the market is studied across Hardware, Services, and Software. The Hardware commanded largest market share of 46.03% in 2022, followed by Services.
- Based on Function, the market is studied across Communications & Navigation, Data Exchange & Information Architecture, and Sense & Avoid. The Data Exchange & Information Architecture commanded largest market share of 33.21% in 2022, followed by Sense & Avoid.
- Based on Operation, the market is studied across Air-based, Land-based, and Water-based. The Air-based commanded largest market share of 36.42% in 2022, followed by Land-based.
- Based on End-User, the market is studied across Aerospace & Defense, Agriculture & Forestry, Building & Construction, Logistics & Transportation, and Media & Entertainment. The Aerospace & Defense commanded largest market share of 23.77% in 2022, followed by Agriculture & Forestry.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.21% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Global Unmanned Traffic Management Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Unmanned Traffic Management Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Unmanned Traffic Management Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Unmanned Traffic Management Market?
- What is the competitive strategic window for opportunities in the Global Unmanned Traffic Management Market?
- What are the technology trends and regulatory frameworks in the Global Unmanned Traffic Management Market?
- What is the market share of the leading vendors in the Global Unmanned Traffic Management Market?
- What modes and strategic moves are considered suitable for entering the Global Unmanned Traffic Management Market?
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Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Unmanned Traffic Management Market, by Component
7. Unmanned Traffic Management Market, by Function
8. Unmanned Traffic Management Market, by Operation
9. Unmanned Traffic Management Market, by End-User
10. Americas Unmanned Traffic Management Market
11. Asia-Pacific Unmanned Traffic Management Market
12. Europe, Middle East & Africa Unmanned Traffic Management Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- AeroVironment, Inc.
- Airbus SAS
- AirHub B.V.
- AirMap, Inc. by DroneUp, LLC
- AirMarket Inc.
- Altitude Angel Limited
- ANRA Technologies, LLC
- AstraUTM
- Delair SAS
- DFS Deutsche Flugsicherung GmbH
- Droniq GmbH
- ENAV S.p.A.
- EuroUSC Italia S.r.l.
- Frequentis AG
- High Lander
- L3Harris Technologies Inc.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Nokia Corporation
- OneSky Systems, Inc.
- PrecisionHawk, Inc.
- Raytheon Technologies Corporation
- Sharper Shape Inc.
- Simulyze, Inc.
- Skye Air Mobility Pvt. Ltd.
- Skyguide
- SZ DJI Technology Co., Ltd.
- Terra Drone Corporation by Terra Motors Corporation
- Thales Group
- Unifly NV
- Viasat, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 188 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 125.74 Million |
| Forecasted Market Value ( USD | $ 813.59 Million |
| Compound Annual Growth Rate | 30.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 31 |
