Stratview Research, a global market research firm announces the release of the report titled – Unmanned Traffic Management Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.

According to this report, the unmanned traffic management market was estimated at USD 572.6 million in 2021 and is likely to grow at a CAGR of 20.46% during 2022-2028 to reach USD 2134.76 million in 2028.

Stratview Research has segmented the market By End-Use Type (Agriculture & Forestry, Logistics & Transportation, Surveillance & Monitoring, and Others), by Solution Type (Communication Infrastructure, Navigation Infrastructure, Surveillance Infrastructure, and Others), by Type (Non-Persistent UTM, Persistent UTM), by Component Type (Hardware Equipment, Software, and Services), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

What is unmanned traffic management?

Unmanned traffic management is a system designed to manage and regulate the traffic of Unmanned Aerial Vehicles (UAVs), also known as drones, in the air. UTM systems are used to ensure the safe and efficient operation of drones in shared airspace, including Beyond Visual Line of Sight (BVLOS) operations.

UTM systems rely on a combination of technologies, including communication systems, surveillance systems, command and control centers, and data analytics tools, to manage drone traffic and ensure the safety of people and property on the ground. These systems enable drone operators, air traffic controllers, and other stakeholders to monitor and manage drone operations, including flight planning, real-time tracking, and situational awareness. The development of UTM systems is a key priority for the drone industry and regulatory agencies worldwide. The technology continues to evolve, and UTM systems are expected to play a critical role in managing airspace and ensuring the safe integration of drones into the existing aviation infrastructure.

Key Players

  • Airmap, Inc.
  • Altitude Angel Limited
  • Analytical Graphics
  • SZ DJI Technology Co., Ltd.
  • Frequentis
  • Harris Corporation
  • Lockheed Martin Corporation
  • Nova Systems
  • Nokia Corporation
  • Precisionhawk

Market Dynamics

As the usage of drones develops across industries such as agriculture, construction, transportation, and logistics, UTM systems are becoming crucial. Advanced UTM systems are required in these industries to provide safe and efficient drone operations, particularly BVLOS operations.

Drones are being used in a wide range of industries, which has led to an increase in drone operations, which in turn has created a demand for UTM systems that can manage the growing volume of drone traffic.

UTM systems are essential for ensuring the safe integration of drones into the airspace and preventing collisions with other aircraft or obstacles on the ground. They also enable efficient and effective drone operations, particularly BVLOS operations, which require advanced UTM systems to ensure safety and compliance with regulations.

The demand for BVLOS operations is also driving the growth of the UTM market, as these operations require more advanced UTM systems to ensure safe and efficient operations. Additionally, the development of new UTM technologies, such as artificial intelligence and machine learning, is expected to further drive the growth of the UTM market in the coming years.

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