Global Unmanned Traffic Management (UTM) Market Size was valued nearly USD 538.2 million by 2018 and is estimated to reach up to USD xx.xx million by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 22.28% during the forecast period that is 2017-2025 owing to increasing use of unmanned vehicles in various sectors such as agriculture, logistic, surveillance as well navigation, defense and commercial sectors like delivery are the key factors will drive the market growth in next six years. In 2018 the North America is projected to lead the regional as well as global market.  

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global unmanned traffic management market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global unmanned traffic management market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Solution Analysis: based on solution, the global unmanned aircraft system traffic management market has been segmented into Communication, Navigation, Surveillance and other. Of all the solution, in 2017 the communication segment is hold the largest share in global market and is anticipated to be fastest growth in coming years in terms of revenue due to increasing adoption of Beyond Line of Sight Operations (BVLOS), which require accurate communication between UTM and drone operators. Other segments will show measurable growth and countable revenue during the forecast period.

By Component Insights: basis on component, the worldwide unmanned aircraft system traffic management market is divided into Hardware, Software and Service. The services segment led the market in 2017 and is projected to show its continue dominance on the regional and global market over the forecast period due to increasing use of unmanned vehicles in various sectors to reduce cost and time as well as modern and advanced technological achievement. The hardware and software segments will contributes health growth and revenue during the forecast period.  

Regional Analysis

The global unmanned aircraft system traffic management market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The North America is projected to lead market in 2017 and is estimated to contributes its healthy growth in next six years in terms of demand of technology and revenue generation that years is 2018 to 2025 due to increasing use of drone in various sectors, coming new investment in this sectors and key players presence in the region that are the key factors will drive the positive growth during the forecast period. The U.S will play significant role in coming years because of high demand and advanced technological achievement. Europe will push its economy for this technology and modernization of economies. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.  

Global Unmanned Traffic Management Market Size, Share Analysis By Region 2017

Global Unmanned Traffic Management Market Study Objective

1. To forecast the market size of unmanned aircraft system traffic management market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of unmanned aircraft system traffic management market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of unmanned aircraft system traffic management market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of unmanned aircraft system traffic management market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the unmanned aircraft system traffic management market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Major key players in the global unmanned traffic management market include Frequentis, Leonardo Finmeccania, AirMap, Altitude Angel, Thales Group, Harris Corporation, Skyward IO, Lockheed Martin, Nova Systems, Unifly, and PrecisionHawk.

Global Unmanned Traffic Management Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.