Unmanned Traffic Management Market Expected to Grow by 23.17% from 2023 to 2029, Reaching Approximately USD 3,483.53 Million
Unmanned Traffic Management Market Report Scope and Research Methodology
The Unmanned Traffic Management Market is classified by kind, end-use, and application. Through careful research, the report reveals vital facts such as market size, share, growth trends, competition landscape, and the key factors impacting the Unmanned Traffic Management Market's growth or fall. This holistic view enables stakeholders to identify market growth prospects and make educated decisions.
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The study analyzes the market in depth, providing insights into several segments based on type, end-use, application, and geographic location. The Unmanned Traffic Management Market is categorized by type, end-use, and application, and the study compiles data from past market research studies. In addition, professionals obtain accurate data from premium databases to assure the accuracy of the analysis.
Unmanned Traffic Management Market Regional Insights
A regional study is carried out to assess the state of the Unmanned Traffic Management market in various countries in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The analysis delves further into variables including market size, growth rate, and import-export activity in these regions. By breaking down the Unmanned Traffic Management industry into five key geographical areas, the research provides a thorough knowledge of the market dynamics and landscape unique to each region.
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Unmanned Traffic Management Market Segmentation
Based on the Component,The software segment has dominated the market in the year 2022 and is expected to dominate the market during the forecast period. Where air traffic services are not provided the UTM software is used, that is how the airspace will be managed to allow multiple drone operations which are conducted beyond visual line-of-sight (BVLOS). UTM software assists pilots to avoid flying into prohibited zones, it aims to track all unmanned air vehicles(UAV) in the air and display the restricted and unrestricted airspaces. The hardware segment is expected to register a market share of CAGR 17.8% during the forecast period as the demand for communication, superior sensing, and data transferring devices is increasing for in unmanned air vehicles(UAV).
by Type
Persistent
Non-Persistent
by Component
Software
Hardware
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Unmanned Traffic Management Market Key Players
1. Lockheed Martin Corp [North Bethesda, Maryland, in Washington, D.C., U.S.]
2. Leonardo SpA
3. Thales SA
4. Raytheon Technologies Corp
5. Altitude Angel Ltd
6. Frequentis AG
7. AirMap Inc [Santa Monica, California, U.S.]
8. Unify NV
9. ANRA Technologies
10. OneSky Systems Inc
11. Airbus SE
12. Terra Drone Corporation
13. Droniq GmbH
14. PrecisionHawk Inc
15. Intelligent Automation
Key questions answered in the Unmanned Traffic Management Market are:
- What is Unmanned Traffic Management ?
- What was the Unmanned Traffic Management market size in 2023?
- What segments are covered in the Unmanned Traffic Management Market?
- Who are the key players in the Unmanned Traffic Management market?
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