The unmanned traffic management market size has grown exponentially in recent years. It will grow from $1.32 billion in 2023 to $1.6 billion in 2024 at a compound annual growth rate (CAGR) of 21.5%. The observed growth during the historical period can be attributed to the rise in Unmanned Aerial Vehicle (UAV) adoption, the expansion of commercial drone applications, the growth of e-commerce, the increase in drone delivery services, and the emergence of drone swarming applications.
The unmanned traffic management market size is expected to see exponential growth in the next few years. It will grow to $3.49 billion in 2028 at a compound annual growth rate (CAGR) of 21.6%. The anticipated growth in the forecast period can be attributed to the increase in Beyond Visual Line of Sight (BVLOS) operations, a rise in emergency response applications, a surge in urban air mobility initiatives, the implementation of Remote ID technologies, and the expansion of Unmanned Traffic Management (UTM) for agricultural applications. Major trends expected in the forecast period include technological innovations in communication systems, the integration of AI and machine learning in UTM, advances in drone technology, collaborations with telecom and tech companies, and robotics advancements in Unmanned Aerial Vehicles (UAVs).
The growing prevalence of drone activities is anticipated to drive the expansion of the unmanned traffic management market in the future. Drones, which are either remotely piloted aircraft or autonomous systems capable of flying without human onboard control, contribute to increased air traffic. The rising number of drone activities necessitates effective management systems, such as unmanned traffic management, to regulate and organize the airspace. For instance, in March 2023, Flytrex, an Israeli drone delivery startup, reported a remarkable increase in drone deliveries, surpassing 21,350, marking a seven-fold rise compared to 2021. This surge highlights a 765% growth in the drone service user base from 2021 to 2022, underlining the role of increased drone activity in propelling the unmanned traffic management market.
The escalation of geopolitical tensions is expected to fuel the growth of the unmanned traffic management market. Geopolitical tensions, encompassing political conflicts and disputes among nations or regions, often related to territory, resources, or ideology, create an environment where advanced unmanned traffic management systems become crucial. These systems, equipped with drone detection and tracking capabilities, offer valuable insights into military deployments, troop movements, and potential threats. For instance, as of March 2022, geopolitical tensions, as reported by The Armed Conflict Location & Event Data Project (ACLED), saw a 12% increase in political violence events targeting civilians from 2020 to 2021, reaching 37,185 events. Similarly, civilian fatalities rose by 8%, with reported fatalities reaching 38,658 in 2021. The surge in geopolitical tensions is thus identified as a driving factor for the growth of the unmanned traffic management market.
Major companies in the unmanned traffic management market are innovating by introducing products such as cloud-based aerial traffic management systems to maintain a competitive edge. Cloud-based aerial traffic management systems utilize cloud computing technology to centrally manage and coordinate the airspace activities of unmanned aerial vehicles (UAVs) or drones. For instance, Skye Air Mobility Private Limited, an Indian autonomous logistics solutions company, introduced Skye UTM in February 2023. This innovative unmanned air traffic management system, operating on a cloud-based platform, integrates unmanned air traffic with manned aviation airspace. Offering situational awareness, autonomous navigation, and risk assessment, Skye UTM enhances safety and communication across airspace for drone and aerial mobility operators. The platform facilitates digital communication with drones and imports data from the government's Digital Sky platform, aiding operators in planning flights in Indian airspace.
Major players in the unmanned traffic management market are forming strategic partnerships to foster innovation and strengthen their market positions. Collaborations in the unmanned traffic management market facilitate the development of comprehensive solutions and the integration of advanced technologies to address challenges related to airspace management effectively. In July 2022, AIRmarket Inc., a Canadian regulatory technology solutions company, partnered with INVOLI, a Swiss air traffic detection systems company. This collaboration aims to integrate drones safely into airspace by enhancing surveillance for cooperative air traffic, especially for drone operations. As part of the collaboration, AIRmarket became the first UTM provider to benefit from INVOLI. Analytics services, providing valuable tools such as Surveillance Coverage Map, Traffic Density Map, and MLAT simulation for quantitative residual air risk assessment in drone operations.
In December 2021, DroneUP LLC, a US-based drone flight services company, completed the acquisition of AirMap Inc., an airspace services platform for unmanned aircraft. This strategic acquisition expanded DroneUP's portfolio by incorporating AirMap's unmanned traffic management platform, enhancing their capabilities to provide drone delivery services to clients such as Walmart.
Major companies operating in the unmanned traffic management market report are Droniq GmbH, Raytheon Company, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., DJI Technology Co. Ltd., Thales Group, L3 Harris Technologies, Harris Corporation, Leonardo S.P.A., Collins Aerospace, Saab AB, Indra Sistemas S.A., Cubic Corporation, Frequentis AG, Skye Air Limited, DroneUP LLC, Nova Systems LLC, General Electric Company, Airbus SE, Intelligent Automation (IAI), Dedrone, Terra Drone Corporation, PrecisionHawk Inc., Altitude Angle Limited, Unifly NV, Aeronyde Corporation, AirMap Inc., Airware.
North America was the largest region in the unmanned traffic management market in 2023. The regions covered in the unmanned traffic management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the unmanned traffic management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary types of unmanned traffic management are persistent and non-persistent unmanned traffic management. Persistent unmanned traffic management refers to a system that provides continuous traffic coverage without interruptions, ensuring effective traffic management. The components of these systems include hardware, software, and services, and they find applications in various sectors such as aviation, homeland security, agriculture, logistics and transportation, and others.
The unmanned traffic management market research report is one of a series of new reports that provides unmanned traffic management market statistics, including unmanned traffic management industry global market size, regional shares, competitors with unmanned traffic management market share, detailed unmanned traffic management market segments, market trends, and opportunities, and any further data you may need to thrive in the unmanned traffic management industry. This unmanned traffic management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The unmanned traffic management market consists of revenues earned by entities by providing traffic synchronization, traffic monitoring and surveillance, communication, and information sharing, traffic flow management, conflict resolution and collision avoidance, regulatory compliance, and authorization. The market value includes the value of related goods sold by the service provider or included within the service offering. The unmanned traffic management market also includes the sales of communication equipment, navigation equipment, ground control stations, and drones. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The unmanned traffic management market size is expected to see exponential growth in the next few years. It will grow to $3.49 billion in 2028 at a compound annual growth rate (CAGR) of 21.6%. The anticipated growth in the forecast period can be attributed to the increase in Beyond Visual Line of Sight (BVLOS) operations, a rise in emergency response applications, a surge in urban air mobility initiatives, the implementation of Remote ID technologies, and the expansion of Unmanned Traffic Management (UTM) for agricultural applications. Major trends expected in the forecast period include technological innovations in communication systems, the integration of AI and machine learning in UTM, advances in drone technology, collaborations with telecom and tech companies, and robotics advancements in Unmanned Aerial Vehicles (UAVs).
The growing prevalence of drone activities is anticipated to drive the expansion of the unmanned traffic management market in the future. Drones, which are either remotely piloted aircraft or autonomous systems capable of flying without human onboard control, contribute to increased air traffic. The rising number of drone activities necessitates effective management systems, such as unmanned traffic management, to regulate and organize the airspace. For instance, in March 2023, Flytrex, an Israeli drone delivery startup, reported a remarkable increase in drone deliveries, surpassing 21,350, marking a seven-fold rise compared to 2021. This surge highlights a 765% growth in the drone service user base from 2021 to 2022, underlining the role of increased drone activity in propelling the unmanned traffic management market.
The escalation of geopolitical tensions is expected to fuel the growth of the unmanned traffic management market. Geopolitical tensions, encompassing political conflicts and disputes among nations or regions, often related to territory, resources, or ideology, create an environment where advanced unmanned traffic management systems become crucial. These systems, equipped with drone detection and tracking capabilities, offer valuable insights into military deployments, troop movements, and potential threats. For instance, as of March 2022, geopolitical tensions, as reported by The Armed Conflict Location & Event Data Project (ACLED), saw a 12% increase in political violence events targeting civilians from 2020 to 2021, reaching 37,185 events. Similarly, civilian fatalities rose by 8%, with reported fatalities reaching 38,658 in 2021. The surge in geopolitical tensions is thus identified as a driving factor for the growth of the unmanned traffic management market.
Major companies in the unmanned traffic management market are innovating by introducing products such as cloud-based aerial traffic management systems to maintain a competitive edge. Cloud-based aerial traffic management systems utilize cloud computing technology to centrally manage and coordinate the airspace activities of unmanned aerial vehicles (UAVs) or drones. For instance, Skye Air Mobility Private Limited, an Indian autonomous logistics solutions company, introduced Skye UTM in February 2023. This innovative unmanned air traffic management system, operating on a cloud-based platform, integrates unmanned air traffic with manned aviation airspace. Offering situational awareness, autonomous navigation, and risk assessment, Skye UTM enhances safety and communication across airspace for drone and aerial mobility operators. The platform facilitates digital communication with drones and imports data from the government's Digital Sky platform, aiding operators in planning flights in Indian airspace.
Major players in the unmanned traffic management market are forming strategic partnerships to foster innovation and strengthen their market positions. Collaborations in the unmanned traffic management market facilitate the development of comprehensive solutions and the integration of advanced technologies to address challenges related to airspace management effectively. In July 2022, AIRmarket Inc., a Canadian regulatory technology solutions company, partnered with INVOLI, a Swiss air traffic detection systems company. This collaboration aims to integrate drones safely into airspace by enhancing surveillance for cooperative air traffic, especially for drone operations. As part of the collaboration, AIRmarket became the first UTM provider to benefit from INVOLI. Analytics services, providing valuable tools such as Surveillance Coverage Map, Traffic Density Map, and MLAT simulation for quantitative residual air risk assessment in drone operations.
In December 2021, DroneUP LLC, a US-based drone flight services company, completed the acquisition of AirMap Inc., an airspace services platform for unmanned aircraft. This strategic acquisition expanded DroneUP's portfolio by incorporating AirMap's unmanned traffic management platform, enhancing their capabilities to provide drone delivery services to clients such as Walmart.
Major companies operating in the unmanned traffic management market report are Droniq GmbH, Raytheon Company, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., DJI Technology Co. Ltd., Thales Group, L3 Harris Technologies, Harris Corporation, Leonardo S.P.A., Collins Aerospace, Saab AB, Indra Sistemas S.A., Cubic Corporation, Frequentis AG, Skye Air Limited, DroneUP LLC, Nova Systems LLC, General Electric Company, Airbus SE, Intelligent Automation (IAI), Dedrone, Terra Drone Corporation, PrecisionHawk Inc., Altitude Angle Limited, Unifly NV, Aeronyde Corporation, AirMap Inc., Airware.
North America was the largest region in the unmanned traffic management market in 2023. The regions covered in the unmanned traffic management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the unmanned traffic management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary types of unmanned traffic management are persistent and non-persistent unmanned traffic management. Persistent unmanned traffic management refers to a system that provides continuous traffic coverage without interruptions, ensuring effective traffic management. The components of these systems include hardware, software, and services, and they find applications in various sectors such as aviation, homeland security, agriculture, logistics and transportation, and others.
The unmanned traffic management market research report is one of a series of new reports that provides unmanned traffic management market statistics, including unmanned traffic management industry global market size, regional shares, competitors with unmanned traffic management market share, detailed unmanned traffic management market segments, market trends, and opportunities, and any further data you may need to thrive in the unmanned traffic management industry. This unmanned traffic management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The unmanned traffic management market consists of revenues earned by entities by providing traffic synchronization, traffic monitoring and surveillance, communication, and information sharing, traffic flow management, conflict resolution and collision avoidance, regulatory compliance, and authorization. The market value includes the value of related goods sold by the service provider or included within the service offering. The unmanned traffic management market also includes the sales of communication equipment, navigation equipment, ground control stations, and drones. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Unmanned Traffic Management Market Characteristics3. Unmanned Traffic Management Market Trends and Strategies32. Global Unmanned Traffic Management Market Competitive Benchmarking33. Global Unmanned Traffic Management Market Competitive Dashboard34. Key Mergers and Acquisitions in the Unmanned Traffic Management Market
4. Unmanned Traffic Management Market - Macro Economic Scenario
5. Global Unmanned Traffic Management Market Size and Growth
6. Unmanned Traffic Management Market Segmentation
7. Unmanned Traffic Management Market Regional and Country Analysis
8. Asia-Pacific Unmanned Traffic Management Market
9. China Unmanned Traffic Management Market
10. India Unmanned Traffic Management Market
11. Japan Unmanned Traffic Management Market
12. Australia Unmanned Traffic Management Market
13. Indonesia Unmanned Traffic Management Market
14. South Korea Unmanned Traffic Management Market
15. Western Europe Unmanned Traffic Management Market
16. UK Unmanned Traffic Management Market
17. Germany Unmanned Traffic Management Market
18. France Unmanned Traffic Management Market
19. Italy Unmanned Traffic Management Market
20. Spain Unmanned Traffic Management Market
21. Eastern Europe Unmanned Traffic Management Market
22. Russia Unmanned Traffic Management Market
23. North America Unmanned Traffic Management Market
24. USA Unmanned Traffic Management Market
25. Canada Unmanned Traffic Management Market
26. South America Unmanned Traffic Management Market
27. Brazil Unmanned Traffic Management Market
28. Middle East Unmanned Traffic Management Market
29. Africa Unmanned Traffic Management Market
30. Unmanned Traffic Management Market Competitive Landscape and Company Profiles
31. Unmanned Traffic Management Market Other Major and Innovative Companies
35. Unmanned Traffic Management Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Unmanned Traffic Management Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on unmanned traffic management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for unmanned traffic management? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Persistent; Non-Persistent
2) By Component: Hardware; Software; Services
3) By Application: Aviation; Homeland Security; Agriculture; Logistics and Transportation; Other Applications
Key Companies Mentioned: Droniq GmbH; Raytheon Company; Lockheed Martin Corporation; Northrop Grumman Corporation; Honeywell International Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Droniq GmbH
- Raytheon Company
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Honeywell International Inc.
- DJI Technology Co. Ltd.
- Thales Group
- L3 Harris Technologies
- Harris Corporation
- Leonardo S.P.A.
- Collins Aerospace
- Saab AB
- Indra Sistemas S.A.
- Cubic Corporation
- Frequentis AG
- Skye Air Limited
- DroneUP LLC
- Nova Systems LLC
- General Electric Company
- Airbus SE
- Intelligent Automation (IAI)
- Dedrone
- Terra Drone Corporation
- PrecisionHawk Inc.
- Altitude Angle Limited
- Unifly NV
- Aeronyde Corporation
- AirMap Inc.
- Airware
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.6 Billion |
Forecasted Market Value ( USD | $ 3.49 Billion |
Compound Annual Growth Rate | 21.6% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |