Unmanned Traffic Management Market is estimated to be USD 538.2 Million in 2018 and is projected to reach USD 1,960.6 Million by 2027, at a CAGR of 20% from 2021 to 2027.
This growth may be due to increased use of drones in logistics and transportation and other commercial applications. The growing demand for UTM solutions for integrating autonomous air vehicles into the commercial airspace is another factor influencing the growth of this market. On an end-use basis, the logistics and transportation sector is expected to lead the driverless traffic management market in 2018. -Commercial and retail companies.
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Some of the key players in the UTM Market include Frequentis (Austria), Leonardo Finmeccania (Italy), AirMap (US), Altitude Angel (UK), Thales Group (France), Harris Corporation (US), Skyward IO (US), Lockheed Martin (US), Nova Systems (Australia), Unifly (Belgium), and PrecisionHawk (US).
By Component
- Hardware
- Software
- Services
By Solution
- Communication Infrastructure
- Navigation Infrastructure
- Surveillance Infrastructure
By End-Use
- Agriculture & Forestry
- Logistics & Transportation
- Surveillance & Monitoring
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Scope of the Report
The research study analyzes the global Unmanned Traffic Management industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Unmanned Traffic Management Market Report
1. What was the Unmanned Traffic Management Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Unmanned Traffic Management Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Unmanned Traffic Management Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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