As of now, North America accounts for a majority of the market share for unmanned traffic management (UTM) systems, followed by Europe. This is due to high penetration of autonomous aerial vehicles, UAVs, conventional aircraft, and drones in the region. Key players are operating aggressively and deploying huge capital for the development of their infrastructure, which enables improved efficiency and flexibility. Improvements in technological architecture play a vital role in developing unmanned traffic management systems. Further, increase in demand for unmanned aerial vehicles and UAVs, which increases global air traffic, and multitude government and defence initiatives, will shape the market for UTM over the coming years.       

 

For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=217

 

As per a new report published by Fact.MR, the unmanned traffic management market is anticipated to surpass US$ 900 Mn valuation in 2021, and is poised to expand at a CAGR of around 18% over the next ten years.

 

Key Takeaways from Market Study

 

  • The UTM market is anticipated to add 5X value by 2031.
  • Controlled airspace captures a major chunk of more than three-fourth global market share, and is set to create an absolute $ opportunity of around US$ 3 Bn over 2021-2031.
  • Among the end uses, drone operators is the fastest-growing segment, owing to rise in penetration UAVs across multiple industries over the past decade.
  • North America is set to dominate market revenue in 2021, and is expected to gain more than 700 BPS points by 2031.
  • The market in Germany, China, and the U.S. is expected to rise at around 20?GR each through 2031.
  • Among the types, persistent UTM is expected to expand at a CAGR of around 14% during the forecast period.
  • Among the systems, technical infrastructure systems are expected to dominate the market and gain 161 BPS points by the end of 2031.

 

Get Customization Copy of this Report – https://www.factmr.com/connectus/sample?flag=RC&rep_id=217

 

Key Market Segments Covered

  • Type

    • Persistent Unmanned Traffic Management
    • Non-persistent Unmanned Traffic Management
  • System

    • Technical Infrastructure Systems
      • Communication Infrastructure
      • Navigation Infrastructure
      • Surveillance Infrastructure
      • Spatial Infrastructure
    • Human Interface Components
      • Unmanned Aircraft Systems
      • UAS Registration Systems
      • UAS Traffic Management Systems
  • Airspace

    • Controlled Unmanned Traffic Management
    • Uncontrolled Unmanned Traffic Management
  • Environment

    • Urban Unmanned Traffic Management
    • Rural Unmanned Traffic Management
    • ATM (Airport) Unmanned Traffic Management
    • Others
  • End User

    • Drone Operators
    • Drone Pilots
    • Recreational Users
    • Airports
    • Emergency Service Public and Local Authorities
  • Region

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

 

Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=217

 

Report Benefits & Key Questions Answered

 

  • Unmanned Traffic Management (UTM) Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Unmanned Traffic Management (UTM) Market Historical volume analysis: The report provides a comparison of Unmanned Traffic Management (UTM) Market historical sales and projected sales performance for 2021-2031.
  • Unmanned Traffic Management (UTM) Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Unmanned Traffic Management (UTM) Market It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Unmanned Traffic Management (UTM) Market Consumption by demographics: The report investigates consumer behavior affecting Unmanned Traffic Management (UTM) Market demand outlook for the assessment period. Effect of their keenness for digital trends on Unmanned Traffic Management (UTM) Market is  carefully analyzed
  • Post COVID consumer spending on Unmanned Traffic Management (UTM) Market Consumption: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Unmanned Traffic Management (UTM) Market growth.

 

Explore Fact.MR’s Comprehensive Coverage on ICT (Technology) Landscape

 

Contactless Biometrics MarketForecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031

 

Self-service Kiosk Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031

 

Unmanned Traffic Management (UTM) Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031

 

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
 
Corporate Headquarter:
 
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com

Tags: Unmanned Traffic Management (UTM) Market

See Campaign: https://www.factmr.com/industry/technology
Contact Information:
Tel: +1 (628) 251-1583

Tags:
PR-Wirein, Menafn, iCN Internal Distribution, Research Newswire, English