Report Id: SNS/A&D/2281 | July 2022 | Region: Global | 129 Pages
Report Scope & Overview:
Unmanned Traffic Management Market Size was valued at USD 0.90 billion in 2022, expected to reach USD 2.94 billion by 2028, and grow at a CAGR of 15.9% over the forecast period 2023-2030.
Unmanned traffic management is an air traffic management ecosystem being developed by the National Aeronautics and Space Administration, the Federal Aviation Administration, other federal partner agencies, and industry participants to autonomously manage the operations of unmanned aerial systems. Services, information architecture, software functions, data exchange protocols, performance requirements, and infrastructure for managing low-altitude uncontrolled unmanned aerial vehicle operations are provided by unmanned traffic management.
unmanned traffic management is a digital air traffic management technology that enables new aerial vehicles, such as delivery drones and air taxis, to safely access and share future airspace. This adaptive and sophisticated air traffic management solution is expected to allow the safe adoption of unmanned aerial vehicles for leisure and commercial uses.
Increasing Investment Partnerships Between Government Agencies and Private Players
UTM Solutions are required to integrate autonomous aerial vehicles into commercial airspace.
Concerns Regarding the Vulnerability of UTM Software Modules
Certification is an expensive and time-consuming process.
Improved government funding and increased demand for improved monitoring are projected to offer
Aviation Authorities Enforce Strict Drone Regulations
Certification for Bvlos operation is an expensive and time-consuming process.
THE IMPACT OF COVID-19
The influence of COVID-19 on the unmanned traffic management business is unpredictable, and it is expected to be in effect for a few years. The COVID-19 outbreak compelled governments around the world to institute strict lockdown and ban import-export of raw materials for the majority of 2020 and a few months in 2021. This resulted in a dramatic decrease in the availability of critical components for the manufacture of unmanned traffic management components. Furthermore, the nationwide shutdown forced unmanned traffic management manufacturing factories to shut down partially or fully. The COVID-19 epidemic has caused delays in actions and initiatives aimed at developing sophisticated autonomous traffic control services around the world.
Drones, or unmanned aircraft vehicles, are becoming more common in everyday life and are spreading rapidly and in a variety of ways. Drones are also utilized for a variety of objectives, including recreational, commercial, and other uses. Drones, for example, are used in agriculture to optimize fertilizer, seed, and water use, reduce crop scouting time, respond faster to pests, weeds, and fungi, validate treatment performed, improve various treatments in real-time, and anticipate production from a field. The increasing use of drones in numerous industries, as well as advancements in advanced drones, are expected to drive the growth of the unmanned traffic management market over the forecast period.
The autonomous traffic management market is divided into two components: hardware and software. Due to increasing demand for unmanned traffic management software, which can enable the development of future-centric unmanned traffic management around the world, the software segment accounted for the most revenue.
The market is divided into three sections based on application: agricultural and forestry, logistics and transportation, and surveillance and monitoring. Because of the significant demand for creating a suitable ecosystem for the easy use of drones for logistics and transportation applications, the logistics and transportation category generated the most income.
Unmanned traffic management differs from the air traffic control system used by the Federal Aviation Administration for commercial aeroplane, according to the National Aeronautics and Space Administration. UTM is based on each user's anticipated flight details being shared digitally. Unlike in air traffic control, each user will have the same situational knowledge of the airspace.
Furthermore, UTM systems share real-time information with unmanned aerial vehicle or drone pilots in order to operate safely and manage operations based on information. Except for voice communication, such data is transmitted via a distributed network of highly automated devices using application programming interfaces. As a result, there is a risk of cyber threats or data hacking used to deceive drone pilots via UTM systems. This aspect is expected to slow the market's growth.
Intelligent Automation, Leonardo SpA, OneSky, Terra Drone Corporation, Unifly NV, Airbus, Altitude Angle, Droniq GmbH, PrecisionHawk Inc, Thales Group, and other players.
Agriculture and Forestry
Logistics and Transportation
Surveillance and Monitoring
by End User
Emergency Service and Local Authorities
Drone Operators or Pilots
The North American area will lead the global market, according to the regional research report. It is expected to maintain its strength over the predicted time frame because to an increase in drone activity, an increase in government office speculation on drone BVLOS activities, and the presence of key actors such as Air Map, Lockheed Martin, and Harris Corporation in the district. During the forecast period, the North America market is expected to grow at the fastest CAGR.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 0.90 Billion|
|Market Size by 2030||US$ 2.94 Billion|
|CAGR||CAGR of 15.9% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Persistent, Non-Persistent)
• By End User (Drone Operators or Pilots, Recreational Users, Airports, Emergency Service and Local Authorities)
• By Application (Agriculture and Forestry, Logistics and Transportation, Surveillance and Monitoring)
• By Component (Hardware, Software)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Intelligent Automation, Leonardo SpA, OneSky, Terra Drone Corporation, Unifly NV, Airbus, Altitude Angle, Droniq GmbH, PrecisionHawk Inc, Thales Group, and other players.|
|DRIVERS||• Increasing Investment Partnerships Between Government Agencies and Private Players
• UTM Solutions are required to integrate autonomous aerial vehicles into commercial airspace.
|RESTRAINTS||• Concerns Regarding the Vulnerability of UTM Software Modules
• Certification is an expensive and time-consuming process.
Frequently Asked Questions (FAQ) :
The influence of COVID-19 on the unmanned traffic management business is unpredictable, and it is expected to be in effect for a few years. The COVID-19 outbreak compelled governments around the world to institute strict lockdown and ban import-export of raw materials for the majority of 2020 and a few months in 2021.
Increasing Investment Partnerships Between Government Agencies and Private Players and UTM Solutions are required to integrate autonomous aerial vehicles into commercial airspace.
The sample for the Unmanned Traffic Management Market is available on the website upon request. To obtain the sample report, you can also use the 24*7 chat support and direct call services.
Yes, this report cover top down, bottom up Quantitative Research.Qualitative Research, Fundamental Research, data triangulation, ID’s & FGD’s Analytical research, And other as per report requirement.
Manufacturers/Service provider, Consultant, Association, Research institute, private and universities libraries, Suppliers and Distributors of the product.
Table of Content:
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Unmanned Traffic Management Market, by Application
8.1 Agriculture and Forestry
8.2 Logistics and Transportation
8.3 Surveillance and Monitoring
9.Unmanned Traffic Management Market, by End User
9.2 Emergency Service and Local Authorities
9.3 Drone Operators or Pilots
9.4 Recreational Users
10.Unmanned Traffic Management Market, by Component
11.Unmanned Traffic Management Market, by Type
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13.1 Intelligent Automation
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Leonardo SpA
13.4 Terra Drone Corporation
13.5 Unifly NV
13.7 Altitude Angle
13.8 Droniq GmbH
13.9 PrecisionHawk Inc
13.10 Thales Group
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share analysis
14.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.