Unmanned Traffic Management Market Report

Market Insights

Unmanned traffic management market is likely to witness an impressive CAGR of 21.2% during the forecast period. The unprecedented growth is owing to the growing employment of drones in logistics & transportation and other commercial applications. The escalating need for UTM solutions to assimilate self-governing aerial vehicles in commercial airspace is another factor significantly contributing to the growth of the global unmanned traffic management market.

Segments' Analysis

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Unmanned Traffic Management Market Share: By End-Use Type 

 Based on the end-use type, the market is segmented as agriculture & forestry, logistics & transportation, surveillance & monitoring, and others. The logistics & transportation segment dominated the market in 2018, and is likely to continue its leading position during the forecast period. The growth of this segment is owing to the growth in application of small Unmanned Aerial Systems (below 25 kg in weight) by e-commerce and retail companies.

Unmanned Traffic Management Market Share: By Solution Type

Based on the solution type, the market is segmented as communication infrastructure, navigation infrastructure, surveillance infrastructure, and others. The communication infrastructure segment is expected to remain dominant during the forecast period. The growth of this segment is driven by the growing acceptance of Beyond Line of Sight Operations (BVLOS), which demand precise communication between UTM and drone operators.

Unmanned Traffic Management Market Share: By Type

Based on the type, the market is segmented as non-persistent UTM and persistent UTM. The persistent UTM segment is estimated to register a higher growth in the coming five years. This growth can be attributed to the increase in logistics and transportation activities in the developed economies, such as the US, the UK, and Switzerland.

Unmanned Traffic Management Market Share: By Component Type

Based on the component type, the market is segmented as hardware equipment, software, and services.  The services segment commanded the market in 2018, and is likely to remain dominant during the forecast period as well. The prime focus of unmanned traffic management will be on service providers delivering flight and security and information to UTM as well as drone operators.

Unmanned Traffic Management Market Share: By Region

In terms of regions, North America dominated the unmanned traffic management market in 2018, and is estimated to maintain its dominance in the coming five years, driven by the growth in drone activities, rise in investments by various government agencies on drone BVLOS operations, and the regional presence of major global giants, such as AirMap, Lockheed Martin Corporation, and Harris Corporation. The North American region is expected to witness the highest growth during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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Market Scope & Segmentation

Unmanned Traffic Management is referred to as a traffic management system that controls operations that are separate from the Air Traffic Management of Federal Aviation Administration. The system has its usage in areas of agriculture, surveillance, logistics, and others.

Unmanned Traffic Management is known to offer solutions for communication, navigation, and surveillance mainly along with many other activities depending upon the requirements. The system is available in persistent and non-persistent types and the hardware, software and other components of the system are aimed at offering a smoother experience for the end-users.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The unmanned traffic management market is segmented into the following categories. 

Unmanned Traffic Management Market Size, Share, & Forecast, by End-Use Type:

• Agriculture & Forestry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Logistics & Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Surveillance & Monitoring (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Unmanned Traffic Management Market Size, Share, & Forecast, by Solution Type:

• Communication Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Navigation Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Surveillance Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Unmanned Traffic Management Market Size, Share, & Forecast, by Type:

• Non-Persistent UTM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Persistent UTM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Unmanned Traffic Management Market Size, Share, & Forecast, by Component Type:

• Hardware Equipment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Software (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Services
• (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Component Type Analysis: Security Services, Flight Services, and Information Services)

Unmanned Traffic Management Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the major players in the unmanned traffic management market are-

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

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by end-use type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com