Unmanned Traffic Management (UTM) Market Research Report - By Industry Size, Share, Growth Trends and Forecast 2021

Report Overview:

The following report titled “Global Unmanned Traffic Management (UTM) Market: By Component (Hardware, Software, Service(Security Services, Flight Services, Information Services)), By Solutions (Communication Infrastructure, Navigation Infrastructure, Surveillance Infrastructure) and other forecast 2021-2026” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Global Unmanned Traffic Management (UTM) Market Summary

The Global Unmanned Traffic Management (UTM) Market is projected to grow at a CAGR of around 23.47% during the forecast period, i.e., 2021-26. Due to the growing use of drones in logistics, transportation, and other commercial applications, the market is expecting unprecedented growth in the coming years. Furthermore, UTM services are expected to expand in Europe and North America, owing to the favorable standards regulations that would enable automated, regular, commercial BVLOS operations. As a result, UTM services will become more sophisticated, and their greater demand is likely in the coming years. Furthermore, numerous data exchange requirements, operations, and a supporting framework are being addressed collectively to enable multiple UAS to operate beyond VLOS at altitudes below 400 feet above ground level.t.

Report Coverage Details

Forecast Period: 2021-2026
Base Year: 2020
CAGR: 23.47%

“In case you missed it, we are currently revising our reports. Click on the below to get the most latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.”

Download Free PDF Brochure: - https://www.marknteladvisors.com/query/request-sample/unmanned-traffic-management-utm-market.html

Unmanned Traffic Management (UTM) Market Driver:

The momentum of Unmanned Aerial Vehicles (UAVs) is expected to continue to grow over the forecast period, with more than 22 nations partnering with UTM service providers to build a national UTM system, which, in turn, would drive the Global Unmanned Traffic Management (UTM) Market during 2021-26. In addition to the growing introduction of UTM elements, this will spur the growth of the overall market. UTMs are used as an integrated service by drone operators across several countries, such as Canada, the United States, and Australia, rather than being seen as a standalone feature operated by someone else.

Segmentation Analysis: Unmanned Traffic Management (UTM) Market

By Component

Hardware
Software
Service
- Security Services
- Flight Services
- Information Services

By Solution

Communication Infrastructure
Navigation Infrastructure
Surveillance Infrastructure

By Type

Persistent UTM
Non-Persistent UTM

By End-User

Agriculture Forestry
Logistics Transportation
Surveillance Monitoring

By Region

North America
South America
Europe
Asia Pacific
Middle East and Africa

Access Full Report [Include Description + TOC] - https://www.marknteladvisors.com/research-library/unmanned-traffic-management-utm-market.html

Region: North America Holds a Major Market Share

Of all regions globally, North America is estimated to dominate the Unmanned Traffic Management Market during 2021-26.

Leading Players Analysis: Unmanned Traffic Management (UTM) Market

The report provides detailed analysis of key players in the global Unmanned Traffic Management (UTM) market, highlighting their strategies and competitive scenario.

Frequentis
Leonardo S.p.A.
AirMap
Altitude Angel
Thales Group
Harris Corporation
Skyward IO
Lockheed Martin
Nova Systems
Unifly
PrecisionHawk
TAIWAN FLUORO TECHNOLOGY CO., LTD

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

For Customized Report Inquiry: - https://www.marknteladvisors.com/query/request-customization/unmanned-traffic-management-utm-market.html

Key Benefits for Stakeholders:

Informed Decision-Making: Access to comprehensive and insightful market research reports enables stakeholders to make well-informed decisions, leading to more strategic and successful initiatives.
Strategic Planning: The strategic reports provided by MarkNtel Advisors empower stakeholders to formulate robust strategies for market entry, product development, and competitive positioning.
Market Sizing Forecasting: Stakeholders can benefit from accurate market sizing and forecasting data to make informed investment and resource allocation decisions, minimizing risks and maximizing returns.
Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

About us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Information: