Global Unmanned Traffic Management Market Size study, by Solution, by End-User, by Component, by Type and Regional Forecasts 2022-2032

Description

The Global Unmanned Traffic Management (UTM) Market is valued at approximately USD 1.32 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 19.91% over the forecast period 2024-2032. Unmanned Traffic Management (UTM) refers to a system designed to manage and coordinate the operation of unmanned aerial vehicles (UAVs) or drones within airspace. UTM systems facilitate the safe, efficient, and orderly integration of drones into both controlled and uncontrolled airspaces by providing a framework for real-time monitoring, communication, and conflict resolution. One of the pivotal drivers for this market's expansion is the increasing investment in artificial intelligence (AI) and robotic process automation (RPA), which enhance real-time data analysis, decision-making, and automation of various UTM processes. These advancements contribute significantly to the safety and efficiency of drone operations by automating tasks such as airspace authorization, collision avoidance, and route optimization.

The UTM market is also experiencing a surge due to the emergence of collaborative ecosystems that involve regulators, drone operators, airspace management authorities, and technology providers. These ecosystems are essential for establishing standardized protocols, data sharing mechanisms, and cooperative frameworks to ensure seamless drone integration into existing airspace. This collaboration enhances situational awareness and fosters trust among stakeholders, thereby driving the overall safety and efficiency of UTM operations. Moreover, regulatory advancements and standardization efforts are vital for addressing the challenges associated with drone integration, ensuring the growth of the drone industry while maintaining safety and security in the airspace. Additionally, the market is propelled by significant investments from various governments and private entities. These investments underscore the commitment to advancing UTM technologies and expanding their applications in diverse sectors such as agriculture, logistics, and surveillance.

The key regions considered for the global UTM market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In 2023, North America is expected to dominate the market due to early adoption and substantial investments in UTM infrastructure. The region benefits from a robust ecosystem of technology providers, drone operators, and government support. However, challenges like airspace congestion and regulatory compliance pose hurdles to the market's full potential. Europe follows as the second-largest market, driven by favorable government initiatives and progressive regulations. The Asia-Pacific region is projected to grow at the fastest CAGR, fuelled by government initiatives, supportive regulations, and investments in UAS technology.

Major market players included in this report are:

Leonardo S.p.A.
Frequentis
Altitude Angel
L3Harris Technologies Inc.
Skyward
Lockheed Martin Corporation
AirMap Inc.
Nova Systems
Thales Group
Unifly
Airbus SE
Boeing
DJI
FLIR Systems
Intel Corporation

The detailed segments and sub-segment of the market are explained below:

By Solution:

Communication Infrastructure
Navigation Infrastructure
Surveillance Infrastructure
Others

By End-User:

Agriculture & Forestry
Logistics & Transportation
Surveillance & Monitoring
Others

By Component:

Hardware
Software
Services

By Type:

Persistent
Non-Persistent

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Unmanned Traffic Management (UTM) Market Executive Summary

1.1. Global Unmanned Traffic Management (UTM) Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Solution
- 1.3.2. By End-User
- 1.3.3. By Component
- 1.3.4. By Type
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Unmanned Traffic Management (UTM) Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Unmanned Traffic Management (UTM) Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Artificial Intelligence and Automation
- 3.1.2. Increasing Investment in UTM Technologies
- 3.1.3. Government Initiatives and Supportive Regulations
3.2. Market Challenges
- 3.2.1. Airspace Congestion and Regulatory Compliance
- 3.2.2. Privacy Concerns and Limited Infrastructure
3.3. Market Opportunities
- 3.3.1. Collaboration Among Stakeholders
- 3.3.2. Technological Advancements in UTM Systems
- 3.3.3. Expansion in Emerging Markets

Chapter 4. Global Unmanned Traffic Management (UTM) Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Unmanned Traffic Management (UTM) Market Size & Forecasts by Solution 2022-2032

5.1. Segment Dashboard
5.2. Global Unmanned Traffic Management (UTM) Market: Solution Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Communication Infrastructure
- 5.2.2. Navigation Infrastructure
- 5.2.3. Surveillance Infrastructure
- 5.2.4. Others

Chapter 6. Global Unmanned Traffic Management (UTM) Market Size & Forecasts by End-User 2022-2032

6.1. Segment Dashboard
6.2. Global Unmanned Traffic Management (UTM) Market: End-User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Agriculture & Forestry
- 6.2.2. Logistics & Transportation
- 6.2.3. Surveillance & Monitoring
- 6.2.4. Others

Chapter 7. Global Unmanned Traffic Management (UTM) Market Size & Forecasts by Component 2022-2032

7.1. Segment Dashboard
7.2. Global Unmanned Traffic Management (UTM) Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Hardware
- 7.2.2. Software
- 7.2.3. Services

Chapter 8. Global Unmanned Traffic Management (UTM) Market Size & Forecasts by Type 2022-2032

8.1. Segment Dashboard
8.2. Global Unmanned Traffic Management (UTM) Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Persistent
- 8.2.2. Non-Persistent

Chapter 9. Global Unmanned Traffic Management (UTM) Market Size & Forecasts by Region 2022-2032

9.1. North America Unmanned Traffic Management (UTM) Market
- 9.1.1. U.S. Unmanned Traffic Management (UTM) Market
  - 9.1.1.1. Solution breakdown size & forecasts, 2022-2032
  - 9.1.1.2. End-User breakdown size & forecasts, 2022-2032
  - 9.1.1.3. Component breakdown size & forecasts, 2022-2032
  - 9.1.1.4. Type breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Unmanned Traffic Management (UTM) Market
9.2. Europe Unmanned Traffic Management (UTM) Market
- 9.2.1. U.K. Unmanned Traffic Management (UTM) Market
- 9.2.2. Germany Unmanned Traffic Management (UTM) Market
- 9.2.3. France Unmanned Traffic Management (UTM) Market
- 9.2.4. Spain Unmanned Traffic Management (UTM) Market
- 9.2.5. Italy Unmanned Traffic Management (UTM) Market
- 9.2.6. Rest of Europe Unmanned Traffic Management (UTM) Market
9.3. Asia-Pacific Unmanned Traffic Management (UTM) Market
- 9.3.1. China Unmanned Traffic Management (UTM) Market
- 9.3.2. India Unmanned Traffic Management (UTM) Market
- 9.3.3. Japan Unmanned Traffic Management (UTM) Market
- 9.3.4. Australia Unmanned Traffic Management (UTM) Market
- 9.3.5. South Korea Unmanned Traffic Management (UTM) Market
- 9.3.6. Rest of Asia Pacific Unmanned Traffic Management (UTM) Market
9.4. Latin America Unmanned Traffic Management (UTM) Market
- 9.4.1. Brazil Unmanned Traffic Management (UTM) Market
- 9.4.2. Mexico Unmanned Traffic Management (UTM) Market
- 9.4.3. Rest of Latin America Unmanned Traffic Management (UTM) Market
9.5. Middle East & Africa Unmanned Traffic Management (UTM) Market
- 9.5.1. Saudi Arabia Unmanned Traffic Management (UTM) Market
- 9.5.2. South Africa Unmanned Traffic Management (UTM) Market
- 9.5.3. Rest of Middle East & Africa Unmanned Traffic Management (UTM) Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Leonardo S.p.A.
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Frequentis
- 10.3.3. Altitude Angel
- 10.3.4. L3Harris Technologies Inc.
- 10.3.5. Skyward
- 10.3.6. Lockheed Martin Corporation
- 10.3.7. AirMap Inc.
- 10.3.8. Nova Systems
- 10.3.9. Thales Group
- 10.3.10. Unifly

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes