Unmanned Traffic Management Market Forecasts to 2028 - Global Analysis By Type, Component, Solution, Application, End User and Geography

According to Stratistics MRC, the Global Unmanned Traffic Management Market is accounted for $106 million in 2022 and is expected to reach $667 million by 2028 growing at a CAGR of 35.9% during the forecast period. Unmanned traffic management is the name given to a traffic management system that manages operations apart from the federal aviation administration's air traffic control. A few businesses that are interested in adopting drones include the media, surveying, entertainment, advertising, remote sensing, precision agriculture, cleaning up polluted areas, real estate, construction, environment monitoring, forest monitoring, and emergency management & disaster response applications.

Market Dynamics:

Driver:

Growing understanding of digitalization

The remote virtual tower is a novel idea that has recently entered the market. Controllers may carry out all of the duties of a control tower from anywhere in the world thanks to remote virtual towers. Compared to airports without towers, these towers provide simplified access, less delays, and enhanced safety margins. Airports and air navigation service providers (ANSPs) are thinking about how the ICAO's Procedures for Air Navigation Services (PANS) ATM modifications can lead to improvements in visual observation. Additionally, if specialised local air traffic services are not deemed viable or cost-effective, they might offer aerodrome control services for many aerodromes. Since it affects so many people from the ground handler to the airport manager, as well as the service providers disruption and change are sometimes implemented without any actual excitement.

Restraint:

Interaction of UTM and ATM

Drones come in a variety of sizes and designs and may carry out a wide range of tasks. UAS can weigh anywhere and they fly at altitudes that range from very close to the surface to the edge of space. While some UAS can fly very quickly, some can only do so at very slow rates, and a select handful can stay in the air for days. Drones are being considered separately from aircraft that may fly in controlled airspace and operate under instrument flight rules (IFR). Remotely piloted aircraft systems (RPAS), which are certified by a regulator and flown with a licensed pilot actively involved in flight operations, have the ability of interacting with air navigation service providers (ANSPs) in ways similar to traditional manned aircraft. While RPAS operations have not been hindered by this, their integration has been constrained because of special activity airspace, altitude restrictions, or other airspace separations. As a result, RPAS operators are currently pushing for more freedom of access to airspace, and this will interact with the larger ATM system more and more.

Opportunity:

Increasing artificial intelligence automation spending & robotic process automation

Demand for drones will rise as interest in air freight services grows. Research in drones and other unmanned aerial vehicles (UAVs) has increased during the past several years across numerous industries. The autonomy of drone technology is improving operational processes and corporate applications. Additionally, expensive human monitoring is used by the existing ATM systems to control the number of conventional aircraft.

Threat:

Concerns related to data security and privacy

Unmanned traffic management (UTM) differs slightly from the air traffic control system used by the Federal Aviation Administration (FAA) for commercial aircraft, according to the National Aeronautics and Space Administration (NASA).The foundation of UTM is the digital exchange of each user's scheduled flight information.Unlike air traffic control, the degree of situational awareness in the airspace will serve as the same for all users.In order for drone / unmanned aerial vehicle pilots to handle actions safely and based on information, UTM systems share real-time information with them.With the exception of voice communication, this information is delivered over a dispersed network of highly automated systems using application programming interfaces.As a result, it is possible for drone pilots utilising UTM systems to become victim to data hacking or other cyberthreats.

COVID-19 Impact:

The globe was shaken by the global epidemic COVID-19, and every industry felt the effects. Lockdowns and limitations on person and vehicle mobility had a significant impact on the aviation sector. The airlines made less investment in traffic management as a result of the significant income loss, which eventually restrained the expansion of the unmanned traffic management industry.

The Persistent segment is expected to be the largest during the forecast period

The Persistent segment is estimated to have a lucrative growth owing to its ability to offer a high degree of safety and security for drone operations. A system that offers continuous and long-term drone flight monitoring, control, and management is referred to as persistent UTM. A persistent UTM system often provides a wide variety of functions, including separation assurance, flight planning, communication, navigation, and surveillance, through a network of ground-based and aerial equipment. These features make it possible to continuously monitor and manage drone flight operations, facilitating the safe and effective use of drones in the sky.

The software segment is expected to have the highest CAGR during the forecast period

The software segment is anticipated to witness the fastest CAGR growth during the forecast period. During the projection period, unmanned traffic management software is anticipated to increase significantly. The UAM software notifies pilots of the restricted and unrestricted airspace and offers real-time data on all UAVs in the area. Growing drone purchases for a variety of commercial and military uses from nations are what are driving the segment's expansion. Growth of the market will be supported by rising investments in creating cutting-edge software solutions for air traffic planning during the projected period. The programme enables deployed soldiers to make judgements in the field by providing visual information and real-time insights. As a result, throughout the projection period, it is expected that both the demand for unmanned aerial vehicles and the spending on their development would increase significantly.

Region with highest share:

Europe is projected to hold the largest market share during the forecast period owing to strong business plans from major companies. These businesses are among the best in the area and serve customers all around the globe. It is crucial and obvious that innovation be produced if Europe's aviation sector is to regain its position as a global leader.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period. The development of UTM solutions by US and Canadian private businesses and governmental organisations is expected to increase, which will accelerate the market's growth. The commercial drone sector is mainly focused in North America. Drones are being used in a variety of challenging environments in the US and Canada for atmospheric researches. Drones are also becoming more prevalent in both military and civilian applications.

Key players in the market:

Some of the key players profiled in the Unmanned Traffic Management Market include: Frequentis, Lockheed Martin Corporation, Precisionhawk, Airbus , Thales Group, Nokia Corporation, 3Harris Technologies Inc., Nova Systems, Altitude Angel, Taiwan Fluoro Technology Co., Ltd., DroneUp, LLC, Raytheon Intelligence & Space and ANRA Technologies.

Key Developments:

In December 2022, Altitude Angel announced a partnership with SAAB Group on Digital Tower technology. With the formal partnership agreement in place, Altitude Angel will begin integrating its GuardianUTM services into the r-TWR digital tower solution offered by Saab, allowing ANSPs and appropriate stakeholders to digitally authorize and manage uncrewed flights in conjunction with crewed flights, directly communicating authorization, clearance, and in-flight instructions to provide the enhanced situational awareness of drone operations.

In November 2022, Raytheon Intelligence & Space, a Raytheon Technologies business, in collaboration with the Virginia Tech Mid-Atlantic Aviation Partnership, or MAAP, and the Lone Star UAS Center of Excellence & Innovation has been selected by the Federal Aviation Administration (FAA) to participate in the Uncrewed Aircraft Systems Traffic Management (UTM) field test. As a part of this effort, the team will conduct UTM flight tests in complex environments.

Types Covered:

• Non-Persistent
• Persistent

Components Covered:

• Software
• Hardware

Solutions Covered:

• Navigation Infrastructure
• Communication Infrastructure
• Surveillance Infrastructure
• Other Solutions

Applications Covered:

• Surveillance & Monitoring
• Agriculture & Forestry
• Logistics & Transportation
• Other Applications

End Users Covered:

• Recreational Users
• Airports
• Drone Operators / Pilots
• Emergency Service & Local Authorities
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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