The Global Unmanned Traffic Management Market size is expected to reach $2.4 billion by 2028, rising at a market growth of 21.1% CAGR during the forecast period.
Infrastructure monitoring, package delivery services, precision agriculture, photography, search and rescue operations, and other duties have long been studied for unmanned aircraft systems (UAS). Previously, UAS were mainly utilized for military reconnaissance and later for the controversial drone strike program of the United States military. The deployment of small unmanned aircraft systems (sUAS) for civilian purposes sparked controversy among lawmakers and federal regulatory organizations such as the Federal Aviation Administration (FAA). For early adopters of civilian drone technology, there existed a legal gray area because rules and regulations regulating the operation of these vehicles were practically nonexistent, notably at the federal and state levels. The FAA Modernization and Reform Act, which was passed in 2012, recognized the need to prioritize drone safety and efficiency as essential short-term goals.
The FAA, NASA, other federal partner agencies, and industry are working together to explore operational concepts, data exchange requirements, and a supporting framework to facilitate various beyond visual line-of-sight (BVLOS) drone operations at lower elevations (under 400 feet above ground level (AGL)) in airspace where FAA air traffic services are not available.
The FAA's Air Traffic Management (ATM) system is separate from, but complementary to, the Unmanned Aircraft System Traffic Management (UTM) ecosystem for uncontrolled operations. Services, roles and duties, information architecture, data exchange protocols, software functionalities, infrastructure, and performance requirements for managing low-altitude uncontrolled drone operations will all be identified as part of UTM development.
To record research objectives and map out the development of UTM, the FAA and NASA collaborated on a joint UTM Research Plan. NASA is undertaking research at UAS Test Sites to better investigate UTM capabilities that will allow for rulemaking as drone integration grows. UTM capabilities are expected to be introduced in stages over the next few years, according to the FAA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L3Harris Technologies, Inc., Airbus SE, Thales Group S.A., Leonardo SpA, Altitude Angel Limited, Droniq GmbH, OneSky Systems, Inc., PrecisionHawk, Inc., Terra Drone Corporation (Terra Motors Corporation), and Unifly NV.
By Component
Infrastructure monitoring, package delivery services, precision agriculture, photography, search and rescue operations, and other duties have long been studied for unmanned aircraft systems (UAS). Previously, UAS were mainly utilized for military reconnaissance and later for the controversial drone strike program of the United States military. The deployment of small unmanned aircraft systems (sUAS) for civilian purposes sparked controversy among lawmakers and federal regulatory organizations such as the Federal Aviation Administration (FAA). For early adopters of civilian drone technology, there existed a legal gray area because rules and regulations regulating the operation of these vehicles were practically nonexistent, notably at the federal and state levels. The FAA Modernization and Reform Act, which was passed in 2012, recognized the need to prioritize drone safety and efficiency as essential short-term goals.
The FAA, NASA, other federal partner agencies, and industry are working together to explore operational concepts, data exchange requirements, and a supporting framework to facilitate various beyond visual line-of-sight (BVLOS) drone operations at lower elevations (under 400 feet above ground level (AGL)) in airspace where FAA air traffic services are not available.
The FAA's Air Traffic Management (ATM) system is separate from, but complementary to, the Unmanned Aircraft System Traffic Management (UTM) ecosystem for uncontrolled operations. Services, roles and duties, information architecture, data exchange protocols, software functionalities, infrastructure, and performance requirements for managing low-altitude uncontrolled drone operations will all be identified as part of UTM development.
To record research objectives and map out the development of UTM, the FAA and NASA collaborated on a joint UTM Research Plan. NASA is undertaking research at UAS Test Sites to better investigate UTM capabilities that will allow for rulemaking as drone integration grows. UTM capabilities are expected to be introduced in stages over the next few years, according to the FAA.
COVID-19 Impact Analysis
The influence of COVID-19 on the autonomous traffic management business is uncertain, although it is expected to last a few years. The COVID-19 pandemic compelled governments around the world to impose strict quarantines and ban the import-export of raw materials for the majority of 2020 and a few months in 2021. As a result, the availability of critical components for manufacturing unmanned traffic management components dropped dramatically. Furthermore, the nationwide lockdown prompted unmanned traffic management manufacturing factories to shut down partially or fully. The COVID-19 outbreak has caused delays in actions and projects related to the development of advanced autonomous traffic management services all over the world.Market Growth Factors
Encouraging Growth Rate of The Drone Market
Drones, or unmanned aircraft vehicles, are becoming more common in daily life and are rapidly expanding in a variety of ways. Drones are also utilized for a variety of objectives, including recreational, commercial, and other uses. Drones are used in agriculture to optimize fertilizer, seed, and water use, reduce crop scouting time, respond more quickly to pests, weeds, and fungi, validate treatment conducted, improve various treatments in real-time, and anticipate production from a field, to name a few examples. During the projected period, the unmanned traffic management market is expected to rise due to the increasing use of drones in various sectors and the development of improved drones.Growing Public and Privates Investments in UTM
Increasing governmental and private sector investments in the development of autonomous traffic management systems are expected to fuel market expansion over the forecast period. For example, Terra Drone Corporation raised a B-series fund of $70 million (8 billion Japanese yen) in March 2022 to speed the development of Unmanned Traffic Management, or UTM, an air traffic control system for unmanned aircraft. Furthermore, the expansion of the unmanned traffic management market is likely to be fueled by the development of unmanned traffic systems and partnerships between private and public market participants to improve the performance and efficiency of UTM.Market Restraining Factors
Threat to Privacy and Security of Individuals
Unmanned traffic management (UTM) differs from the air traffic control system used by the Federal Aviation Administration (FAA) for commercial airplanes, according to the National Aeronautical and Space Administration (NASA). UTM is based on each user's anticipated flight details being shared digitally. Unlike air traffic control, each user will have the same situational awareness of the airspace. In addition, UTM systems communicate real-time data with unmanned aerial vehicles (UAVs) or drone pilots to ensure that activities are run safely and efficiently. Such data is transferred through a distributed network of highly automated devices using application programming interfaces, with the exception of voice communication (API).Component Outlook
Based on Component, the market is segmented into Software and Hardware. The software segment acquired the largest revenue share in the unmanned traffic management market in 2021. This is because UTM software solutions are used by public safety, defense, and emergency response agencies to keep first responders, soldiers, and the general public safe.
Application Outlook
Based on Application, the market is segmented into Surveillance & Monitoring, Logistics & Transportation, and Agriculture & Forestry. The logistics and transportation segment garnered a substantial revenue share in the unmanned traffic management market in 2021. The increase in the deployment of tiny unmanned aerial systems (below 25 kg in weight) by e-commerce and retail companies can be ascribed to the expansion of this segment.End User Outlook
Based on End User, the market is segmented into Drone Operators or Pilots, Emergency Service & Local Authorities, Airports, and Recreational Users. The drone operators or pilots segment acquired the largest revenue share in the unmanned traffic management market in 2021. Any legal or natural person who operates or intends to operate one or more UAS is referred to as a UAS Operator. This could be a large business or a single person.Regional Outlook
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America acquired the highest revenue share in the unmanned traffic management market in 2021. This is due to an increase in drone activity, increased government spending on drone BVLOS operations, and the presence of significant firms in the region like AirMap, Lockheed Martin, and Harris Corporation. As the region is technologically advanced with a flourishing economy, it has been the flagbearer of drone adoption for various purposes.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L3Harris Technologies, Inc., Airbus SE, Thales Group S.A., Leonardo SpA, Altitude Angel Limited, Droniq GmbH, OneSky Systems, Inc., PrecisionHawk, Inc., Terra Drone Corporation (Terra Motors Corporation), and Unifly NV.
Strategies deployed in Unmanned Traffic Management Market
- May-2022: OneSky formed a partnership with ITGlobe, a leading provider of global aerospace engineering and design services. Through the partnership, OneSky’s verified uncrewed traffic management system (UTM) solutions is expected to be made available in India exclusively through ITGlobe, which is devoted to guaranteeing the secure integration of UAS operations and Advanced Air Mobility (AAM) operations in the Indian national airspace for all stakeholders.
- May-2022: OneSky entered into a partnership with Garuda Robotics, a company building innovative drone solutions with the latest unmanned aircraft and artificial intelligence technologies. Under the partnership, Garuda Robotics and OneSky aimed to offer Uncrewed Aircraft Traffic Management (UTM) services to aviation authorities, city governments, enterprises, and security agencies in Malaysia.
- Sep-2021: Leonardo joined hands with Northrop Grumman Corporation, an American multinational aerospace and defense technology company. Under the collaboration, both companies aimed to jointly follow opportunities in the Vertical Take-Off and Landing (VTOL) Uncrewed Aerial Systems (UAS) domain. The companies considered collaboration on air vehicle design, system architectures, payload optimization, and integration within next-generation battlespace architectures, with an emphasis on customer requirements and mission-based Concepts of Operations.
- May-2021: Thales teamed up with Airspace Link, a geospatial information management company. Under the collaboration, both companies aimed to provide safe integration of UAS, commonly known as drones, into low altitude airspace where the systems are Beyond Visual Line of Sight (BVLOS) of operators. Thales and Airspace Link have triumphantly collaborated on projects across the United States, including the development of Vantis, North Dakota's state-wide UAS network, the first in the nation.
- Mar-2021: Altitude Angel unveiled GuardianUTM Enterprise, a next-generation airspace management solution. The product is aimed at offering a ‘one-stop’ solution to empower the airport to start designing and providing UTM Services for drone companies and drone operators, using Altitude Angel’s proven digital authorization and flight management technology.
- Jul-2020: Unifly formed a partnership with EVA, a drone service company. Under this partnership, Unifly and EVA aimed to streamline the safe incorporation of drones into the airspace and provide operational solutions to private organizations and government agencies.
- Jan-2020: Altitude Angel formed a partnership with Frequentis, the world’s leading Air Traffic Management (ATM) solutions provider. Under the partnership, both companies aimed to jointly deploy a national UTM system for Norway. Altitude Angel and Frequentis offered Avinor the tools to incorporate drones and general aviation on one platform.
- Dec-2019: Altitude Angel entered into a partnership with Airmate, a general aviation flight planning platform. Under the partnership, both companies aimed to enable general aviation aircraft to see drones, and vice versa, safely and securely. The real-time exchange of aircraft telemetry data between the two firms will enable the aviation industry to step closer to a truly unified picture of the sky.
- Jul-2019: Altitude Angel released Conflict Resolution Service (CRS), a de-confliction service for drone flights. The dynamic system continuously tracks the airspace around an aircraft for the ‘unexpected’ such as other aerial vehicles or modifications to airspace (such as a Temporary Flight Restriction/Dynamic Geofence around a police incident). The service was made available via Altitude Angel's developer API platform.
- Mar-2019: Unifly released an e-Identification and tracking solution for drones. The device operates in a fully independent fashion, with its source of power and sensors for position, altitude, temperature, pressure, speed, and direction. The launch of the device has confirmed Unifly's commitment to offering the authorities and drone operators a reliable, highly integrated, robust, efficient, and easy-to-use tracking solution.
- Nov-2018: Terra Drone completed the acquisition of Skeye, a leading European drone service provider. Skeye had a great track record and massive professional experience in the on- and offshore oil and gas market, in both inspections and 3D surveys utilizing drones. Skeye was considered to be the ideal company by Terra Drone to bring its technologies to the European and African markets.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Software
- Hardware
- Surveillance & Monitoring
- Logistics & Transportation
- Agriculture & Forestry
- Drone Operators or Pilots
- Emergency Service & Local Authorities
- Airports
- Recreational Users
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapor
- Australia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- L3Harris Technologies, Inc.
- Airbus SE
- Thales Group S.A.
- Leonardo SpA
- Altitude Angel Limited
- Droniq GmbH
- OneSky Systems, Inc.
- PrecisionHawk, Inc.
- Terra Drone Corporation (Terra Motors Corporation)
- Unifly NV
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. Global Unmanned Traffic Management Market by Component
Chapter 5. Global Unmanned Traffic Management Market by Application
Chapter 6. Global Unmanned Traffic Management Market by End User
Chapter 7. Global Unmanned Traffic Management Market by Region
Chapter 8. Company Profiles
Companies Mentioned
- L3Harris Technologies, Inc.
- Airbus SE
- Thales Group S.A.
- Leonardo SpA
- Altitude Angel Limited
- Droniq GmbH
- OneSky Systems, Inc.
- PrecisionHawk, Inc.
- Terra Drone Corporation (Terra Motors Corporation)
- Unifly NV
Methodology
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