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Unmanned Traffic Management (UTM) - Global Strategic Business Report

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    Report

  • 315 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806203
The global market for Unmanned Traffic Management (UTM) is estimated at US$946.9 Million in 2023 and is projected to reach US$3.3 Billion by 2030, growing at a CAGR of 19.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the Unmanned Traffic Management market is driven by several factors, including advancements in drone technology, increasing commercial drone use, and evolving regulatory frameworks. As drone technology advances, the capabilities and number of commercial drones increase, necessitating robust UTM systems to manage this growth safely. The commercialization of drone operations, particularly for deliveries and inspections, has accelerated investment in UTM development to support this scale of operation in a controlled airspace. Additionally, governments around the world are crafting regulations that mandate the use of UTM systems for certain types of drone operations to ensure safety and privacy.

Economic incentives also play a role, as businesses and governments alike recognize the cost savings and efficiency improvements that drones can offer when properly managed. Moreover, public and commercial stakeholders are increasingly aware of the benefits of drone technology, which drives demand for effective traffic management solutions to ensure safe and harmonious airspace integration.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the UTM Services segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 19.5%. The UTM Software segment is also set to grow at 20.7% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $614.5 Million in 2023, and China, forecasted to grow at an impressive 24.6% CAGR to reach $187.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Unmanned Traffic Management (UTM) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Unmanned Traffic Management (UTM) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Unmanned Traffic Management (UTM) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Lockheed Martin Corporation, Indra Sistemas SA, Leonardo SpA, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 42 Featured):

  • Lockheed Martin Corporation
  • Indra Sistemas SA
  • Leonardo SpA
  • Frequentis AG
  • L3Harris Technologies, Inc.
  • Airmap Inc.
  • Altitude Angel Limited.
  • Analytical Graphics, Inc.
  • Delair
  • Enav S.P.A.
  • Kongsberg Geospatial Ltd.
  • ANRA Technologies, LLC
  • Intelligent Automation, Inc.
  • Aeronyde Corporation
  • Innov'Atm

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Unmanned Traffic Management (UTM) - Global Key Competitors Percentage Market Share in 2024 (E)
  • Unmanned Traffic Management (UTM) Competitor Market Share Scenario Worldwide (in %): 2020E
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Growing UAV Traffic in Commercial Airspace: The Foundation for Growth in the Market
  • Reasons Behind the Proliferation of Drones
  • A Review of Existing and Emerging Use Cases in the Commercial Space
  • World Drones Market by Application: 2024E
  • Why Unmanned Traffic Management is Important for Drones?
  • 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
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • TABLE 25: World Unmanned Traffic Management (UTM) Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Market Facts & Figures
  • US Unmanned Traffic Management (UTM) Market Share (in %) by Company: 2020 & 2027
  • Services (Component) Market Share Analysis (in %) of Leading Players in the US for 2020 & 2027
  • Software (Component) Competitor Revenue Share (in %) in the US: 2020 & 2027
  • Hardware (Component) Market Share Breakdown (in %) of Major Players in the US: 2020 & 2027
  • Persistent (Type) Market in the US: Percentage Breakdown of Revenues by Company for 2020 & 2027
  • Non-Persistent (Type) Competitor Market Share Breakdown (in %) in the US for 2020 & 2027
  • Communication Infrastructure (Solution) Market: Revenue Share Breakdown (in %) of Key Players in the US: 2020 & 2027
  • Navigation Infrastructure (Solution) Market Share Analysis (in %) of Leading Players in the US for 2020 & 2027
  • Surveillance Infrastructure (Solution) Competitor Revenue Share (in %) in the US: 2020 & 2027
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Analytics
CANADA
JAPAN
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • China, Asia’s Largest Deployer of Drones
EUROPE
  • Market Facts & Figures
  • European Unmanned Traffic Management (UTM) Market: Competitor Market Share Scenario (in %) for 2020 & 2027
  • Services (Component) Market Share (in %) by Company in Europe: 2020 & 2027
  • Software (Component) Market Share (in %) of Major Players in Europe: 2020 & 2027
  • Hardware (Component) Competitor Market Share Analysis (in %) in Europe: 2020 & 2027
  • Persistent (Type) Market in Europe: Competitor Revenue Share Shift (in %) for 2020 & 2027
  • Non-Persistent (Type) Competitor Market Share (in %) Positioning in Europe for 2020 & 2027
  • Communication Infrastructure (Solution) Key Player Market Share Breakdown (in %) in Europe: 2020 & 2027
  • Navigation Infrastructure (Solution) Market Share (in %) by Company in Europe: 2020 & 2027
  • Surveillance Infrastructure (Solution) Market Share (in %) of Major Players in Europe: 2020 & 2027
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Analytics
FRANCE
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Unmanned Traffic Management (UTM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Lockheed Martin Corporation
  • Indra Sistemas SA
  • Leonardo SpA
  • Frequentis AG
  • L3Harris Technologies, Inc.
  • Airmap Inc.
  • Altitude Angel Limited.
  • Analytical Graphics, Inc.
  • Delair
  • Enav S.P.A.
  • Kongsberg Geospatial Ltd.
  • ANRA Technologies, LLC
  • Intelligent Automation, Inc.
  • Aeronyde Corporation
  • Innov'Atm

Table Information