Unmanned Traffic Management Market Size & Analysis [2030]

Unmanned Traffic Management Market Forecast to 2030 - COVID-19 Impact and Global Analysis By Type (Persistent UTM and Non-Persistent UTM), Component (Hardware and Software), Application (Communications, Navigation, Surveillance & Monitoring, and Others), and End Use (Agriculture and Forestry, Logistics & Transportation, Surveillance, and Others)

Publication Month : Nov 2022

  • Report Code : TIPAD00002268
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 171
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The unmanned traffic management market is expected to grow from US$ 872.54 million in 2022 to US$ 3,234.28 million by 2030; it is estimated to grow at a CAGR of 17.8% from 2022 to 2030.

There is a rising popularity for unmanned aerial vehicles (UAVs) and unmanned aircraft systems (UASs), commonly referred to as drones, across the world. The number of modern UASs and UAVs is increasing in the airspace, supported by advancements in the underlying technology and ancillary functions. The Federal Aviation Administration (FAA) of the US government anticipates the registration of 1.6 million consumer drones and 835,000 small unmanned aircraft systems by 2023. With such exponential growth in the number of drones, especially for recreational and commercial purposes, companies in the UAV industry are striving to introduce technologically advanced products, contributing to the expansion of applications of autonomous aircraft. Chipmakers, such as Texas Instruments and Xilinx, and computing service providers, such as Amazon Web Services and Microsoft, have been contributing to the reinforcement of UAS technologies. In June 2021, Azur Drone, a leading drone-in-a-box solution provider for surveillance and inspection, integrated its Skeyetech system with Microsoft Azure through Azure IoT Hub. Skeyetech solution is operated on several highly sensitive sites worldwide, and its integration with Azure was intended to improve autonomous drone operations, followed by the better utilization of collected data.

Impact of COVID-19 Pandemic on Unmanned Traffic Management Market

The COVID-19 pandemic has shaken several industries in the world due to strict restrictions on the movement of vehicles and humans during the first half of 2020. Air travel bans compelled players in the aviation industry to seize operations, which hampered their revenues. The airport sector also witnessed a stiff decline in passenger count, aircraft movement, and revenue generation. The significant loss in revenues resulted in limited investments by airline operators in traffic management solutions, which hampered the growth of the unmanned traffic management market

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Unmanned Traffic Management Market: Strategic Insights

unmanned-traffic-management-market
Market Size Value inUS$ 872.54 Million in 2022
Market Size Value byUS$ 3,234.28 million by 2030
Growth rateCAGR of 17.8% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Lucrative Regions for Unmanned Traffic Management Market

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Unmanned Traffic Management Market Insight

Increasing Demand for Unmanned Traffic Management Solutions in Logistics Boosts Market Growth

Drones are being used for various commercial applications, such as communications, navigation, surveillance, and monitoring, in North America. Their demand is also rising for last-mile delivery solutions in the e-commerce industry, food delivery services, and medical emergency services, which indicates high growth prospects for unmanned traffic management solution providers in drone-based logistics. Companies engaged in the last-mile and small package deliveries are deploying drones to cut costs and improve operational efficiencies. For instance, Prime Air delivery drones are capable of shipping parcels directly from warehouses to customers within shorter time comparing to other delivery modes. Hence, the growing deployment of drones in the logistics applications is necessitating the demand for unmanned traffic management systems, thereby bolstering the unmanned traffic management market growth.

Unmanned Traffic Management Market - Component Segment Insights

Based on component, the unmanned traffic management market has been segmented into hardware and software. The hardware segment accounted for the largest share in 2021. The rising integration of advanced sensors and telematics in unmanned aerial systems (UAS) contributes to the growth of the market for this segment.

Unmanned traffic management Market, by Component (% Share)

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Unmanned Traffic Management Market - End Use Segment Insights

Based on end use, the unmanned traffic management market has been segmented into agriculture & forestry, logistics & transportation, surveillance, and others. The logistics and transportation segment dominates the market in 2021.

Unmanned Traffic Management Market - Application Segment Insights

Based on application, the unmanned traffic management market is segmented into communications, navigation, surveillance and monitoring, and others. The communications segment holds the largest share of the market in 2021.

The market players focus on new product innovations and developments by integrating advanced technologies and features to compete with the competitors.

  • In March 2022, ORKID, a top independent cargo drone rush delivery service provider for enterprises, demonstrated the secure and safe integration of drones into airspace. The company also successfully demonstrated the feasibility of its drones in the beyond visual line of sight (BVLOS) missions. ORKID has partnered with Unifly, a leading unmanned traffic management technology provider, in a series of test operations.
  • In February 2020, the Civil Aviation Authority of Singapore (CAAS) and Airbus signed a Memorandum of Understanding (MOU) to promote urban air mobility (UAM) in Singapore. The partnership aims to bring UAM services and platforms into Singapore's urban environment, enhancing industrial productivity and the country's connectivity.

The unmanned traffic management market is segmented into four major regions—North America, Europe, Asia Pacific (APAC), and Rest of the world. In 2021, North America led the market with a substantial revenue share, followed by Europe and Asia Pacific, respectively.

The key players profiled in the unmanned traffic management market study are Lockheed Martin Corp, Leonardo SpA, Thales SA, Raytheon Technologies Corp, Altitude Angel Ltd, Frequentis AG, AirMap Inc, Unify NV, OneSky Systems Inc, and Thales SA. The market insights provided in the report are likely to help the key players strategize their growth in the coming years.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Component, Application, and End Use

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Australia, Canada, China, France, Germany, India, Italy, Japan, MEA, Mexico, Russian Federation, SAM, South Korea, United Kingdom, United States

Frequently Asked Questions


Which country is holding the major market share of Unmanned traffic management market?

The US is holding the largest market share in the global market in 2022.

Which countries are registering a high growth rate during the forecast period?

The UK, the Us, and Germany are the leading countries registering higher CAGR growth.

What are the future trends of the Unmanned traffic management market?

Integration of AI and ML will be the upcoming trend in the market.

Which are the key players operating in the unmanned traffic management market?

Lockheed Martin Corporation; Leonardo SpA; Thales SA; Raytheon Technologies Corporation; Altitude Angel Ltd.; Frequentis AG; AirMap, Inc; Unify NV; Onesky Systems, Inc.; and Airbus SA.

What are the driving factors impacting the Unmanned traffic management market?

- Advancement in UAS Leading to Increasing Application of UTM.
- Rising Adoption of Drones in Logistics and Supply Chain Management

The List of Companies - Unmanned Traffic Management

  1. Lockheed Martin Corp
  2. Leonardo SpA
  3. Thales SA
  4. Raytheon Technologies Corp
  5. Altitude Angel Ltd
  6. Frequentis AG
  7. AirMap Inc
  8. Unify NV
  9. OneSky Systems Inc
  10. Airbus SE

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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