Global Unmanned Traffic Management (UTM) Strategic Business

DUBLIN, July 10, 2023 (Globe Newswire) — The Unmanned Traffic Management (UTM): Global Strategic Business Report report has been added. of ResearchAndMarkets.com Recruitment.

The global market for Unmanned Traffic Management (UTM) is estimated at USD 791.2 million in 2022 and projected to reach a revised size of USD 3.3 billion by 2030, with a projected growing at a CAGR of 19.4% over the analysis period.

One of the segments analyzed in the report, services registered a CAGR of 19.2% and is projected to reach USD 1.6 billion by the end of the analysis period.

Given the continued post-pandemic recovery, software sector growth is expected to revise at a CAGR of 20.3% over the next eight years.

The US market is estimated at $523.3 million, while China is projected to grow at a CAGR of 24.3%

The U.S. Unmanned Traffic Management (UTM) market is estimated at USD 523.3 million in 2022. China, the world’s second largest economy, is projected to reach her USD 187.1 million in projected market size by 2030, with a CAGR to follow by her 2030. 24.3% for the analysis period 2022-2030.

Other notable geographic markets include Japan and Canada, which are expected to grow by 18.7% and 18.4% respectively between 2022 and 2030. Among Europe, Germany is projected to grow at her CAGR of around 16.5%.

Competitor Selection (Total 42 Featured) –

air map
Altitude Angel
Delea
DJI
frequency
Harris Corporation
Leonardo Spa
lockheed martin
Nova Systems
One Sky
Precision Hawk
Sensefly SA
Skyward IO
Thales Group
Unifly

Key Attributes:

report attribute	detail
number of pages	315
Forecast period	2022-2030
2022 Estimated Market Value (USD)	$791.2 million
Projected market value (USD) to 2030	$3.3 billion
compound annual growth rate	19.5%
Target area	global

Main topics covered:

I. Methodology

II. Executive Summary

1. Market Overview

Impact of Covid-19 and looming global recession
2020: The Year of Disruption and Transformation
Where will the global economy head in 2021 as the race between viruses and vaccines intensifies?
Global economic growth forecast from 2020 to 2022 (real GDP, annual rate of change)
Pandemic Brings Various Challenges and Opportunities to Drone Market
Global Drone Market Reset and Trajectory – Growth Outlook (%) 2019-2025
Global deployment of UTM systems weighs down due to COVID-19 pandemic
Insights into the influencer market
Global market trajectory
Unmanned Traffic Management (UTM) – Percentage Market Share of Major Global Competitors in 2022 (E)
Unmanned Traffic Management (UTM) Competitor Market Share Scenario Global (%): 2020E
Competitive market presence – strong/active/niche/mediocre for players worldwide in 2022 (E)
Services (Components) Global Competitor Market Share Positions in 2020 and 2027
Software (Component) Market Share Breakdown by Key Players: 2020 and 2027
Hardware (Components) Competitor Revenue Share (%): 2020 & 2027
Persistent (Type) Market Share Trends by Company: 2020 and 2027
Market share positioning of non-permanent (type) global competitors in 2020 and 2027
Telecommunications Infrastructure (Solutions) Market Share Breakdown by Key Players: 2020 and 2027
Navigation Infrastructure (Solutions) Competitor Revenue Share (%): 2020 & 2027
Surveillance Infrastructure (Solutions) Market Share by Company: 2020 and 2027
Rising UAV Traffic in Commercial Airspace: A Foundation for Market Growth
The Reasons Behind the Popularization of Drones
Global investment in drone technology 2010, 2012, 2014, 2016, 2018, 2020
Review of existing and emerging use cases in commercial areas
Global Drone Market by Application: 2021e
Why is unmanned traffic management important for drones?
Near Air Collisions: 2014-2019
Global commercial drone shipments (in thousands): 2016, 2018, 2020, 2022, 2024, 2026
Key components and features
Regulations to ensure seamless integration
BVLOS for unmanned industry
A review of UTM initiatives around the world
Recent industry activity

2. Focus on selected players

3. Market trends and drivers

Insight into the innovative technology that enables autonomous anti-collision flight
Select recent collaborations and developments in the UMT space
Geofencing and drone zones, an attractive solution for traffic management
As drone accidents continue to rise in the commercial sector, the need for UTM is more urgent than ever: Drone Accident Breakdown by Type (%)
Strengthening the UTM ecosystem with 5G
Network latency breakdown (in milliseconds) by network type
EU 5G!Drones Project Leads 5G Deployment in UAV Sector
Applications of AI to UTM development are increasing
Blockchain has the potential to address UTM challenges with drones in airspace
Needs for UMT grow as use of unmanned aerial systems expands
Drone air taxis for commuters fuel drone overcrowding, increasing need for UTM
UTM is under pressure to innovate faster as parties such as Airbus and Uber step up investment in flying cars/drones that carry people and goods: 2045, 2055, 2065
Introduction of stricter regulation will bring regulatory-driven stability to market growth
New regulatory developments in some regions/countries around the world
New FAA rules herald better future for drones in commercial deliveries
Europe Focuses on Establishing a Robust STM Approach
Switzerland introduces UTM service
Austria aims to develop national UTMS
Denmark plans to test UTM platform for integrating commercial drones into airspace
Port of Antwerp Becomes First Port to Install UTM System to Accommodate Drones
New law aims to fluidize UK drone regulatory regime
Pandemic management emergency response puts drones in the spotlight, increasing importance of UTM
Demand for UTM in the logistics and transportation industry increases due to increased introduction of drone delivery operations
Demand for UTMs rises as new e-commerce chapter begins with drone delivery
Global B2C e-commerce sales in 2019, 2020, 2021, 2022, 2023, 2024, 2025 (USD trillion)
Percentage of retail m-commerce sales to global retail e-commerce sales in 2016, 2018, 2020 and 2022
Pandemic drives drone delivery boom
Aerial Drones for Smart City Surveillance, Growth Accelerator for UTM Market
Global smart city spending in 2021, 2024 and 2027 (USD billion)
Rise in Drone Applications in Agriculture Drives UTM Opportunity
Application of Agricultural Drones Across the Crop Cycle
Pandemic Accelerates Adoption of Drones in Agricultural Sector
US$ Billion Global Smart Agriculture Market: 2020 and 2025

4. Global market perspective

III.market analysis

IV. Competition

For more information on this report, please visit https://www.researchandmarkets.com/r/bjhd97.

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