Unmanned Traffic Management Trends and Forecast
The future of the global unmanned traffic management market looks promising with opportunities in the commercial and government & law markets. The global unmanned traffic management market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 36.5% from 2024 to 2030. The major drivers for this market are rapid growth of the commercial drone industry, expanding use of drones in military applications, and increasing government support for adoption of UTM systems.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Unmanned Traffic Management by Segment
The study includes a forecast for the global unmanned traffic management by type, component, application, end use, and region.Unmanned Traffic Management Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Non-Persistent
- Persistent
Unmanned Traffic Management Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- Solutions
- Software
- Services
Unmanned Traffic Management Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Aviation
- Homeland Security
- Agriculture
- Logistics & Transportation
- Others
Unmanned Traffic Management Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Commercial
- Government & Law
- Others
Unmanned Traffic Management Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Unmanned Traffic Management Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies unmanned traffic management companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the unmanned traffic management companies profiled in this report include-- Airbus
- Intelligent Automation
- Altitude Angle
- PrecisionHawk
- Thales
- Terra Drone
- Leonardo
- OneSky
- Droniq
- Unifly
Unmanned Traffic Management Market Insights
The publisher forecasts that persistent will remain the larger segment due to its significant usage to obtain ongoing and long-term drone flight management, control, and monitoring.North America will remain the largest region due to the early adoption of drone technology and presence of leading UTM companies in the region.
Features of the Global Unmanned Traffic Management Market
- Market Size Estimates: Unmanned traffic management market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Unmanned traffic management market size by various segments, such as by type, component, application, end use, and region in terms of value ($B).
- Regional Analysis: Unmanned traffic management market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, components, applications, end uses, and regions for the unmanned traffic management market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the unmanned traffic management market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the unmanned traffic management market size?Answer: The global unmanned traffic management market is expected to reach an estimated $1.2 billion by 2030.
Q.2 What is the growth forecast for unmanned traffic management market?
Answer: The global unmanned traffic management market is expected to grow with a CAGR of 36.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the unmanned traffic management market?
Answer: The major drivers for this market are rapid growth of the commercial drone industry, expanding use of drones in military applications, and increasing government support for adoption of UTM systems.
Q4. What are the major segments for unmanned traffic management market?
Answer: The future of the unmanned traffic management market looks promising with opportunities in the commercial and government & law markets.
Q5. Who are the key unmanned traffic management market companies?
Answer: Some of the key unmanned traffic management companies are as follows:
- Airbus
- Intelligent Automation
- Altitude Angle
- PrecisionHawk
- Thales
- Terra Drone
- Leonardo
- OneSky
- Droniq
- Unifly
Answer: The publisher forecasts that persistent will remain the larger segment due to its significant usage to obtain ongoing and long-term drone flight management, control, and monitoring.
Q7. In unmanned traffic management market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the early adoption of drone technology and presence of leading UTM companies in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the unmanned traffic management market by type (non-persistent and persistent), component (solutions, software, and services), application (aviation, homeland security, agriculture, logistics & transportation, and others), end use (commercial, government & law, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Unmanned Traffic Management Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Airbus
- Intelligent Automation
- Altitude Angle
- PrecisionHawk
- Thales
- Terra Drone
- Leonardo
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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