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20.28% CAGR predicted for unmanned traffic management market by 2025

Industrial Market Research

The Unmanned traffic management market is estimated to be USD 538.2 million in 2018 and is projected to reach USD 1,960.6 million by 2025, at a CAGR of 20.28% from 2018 to 2025. The market is anticipated to witness strong growth over next few decades on account of the increasing need for safe & efficient unmanned aircraft operations.

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The report analyzes the unmanned traffic management market on the basis of component, (hardware equipment, software tools, and services) wherein services is further divided into security services, flight services, and information services; solution (communication infrastructure, navigation infrastructure, surveillance infrastructure).

Key Target Audience

  • UAV Operators
  • Unmanned Traffic Management Software Developers
  • Civil Aviation Authorities
  • Air Navigation Service Providers
  • Unmanned Traffic Management Service Providers
  • Regulatory Authorities

Report provides in-depth unmanned traffic management market intelligence regarding market dynamics and major factors influencing growth of unmanned traffic management market (drivers, opportunities, and industry-specific challenges), along with an analysis of micromarkets, with respect to individual growth trends, prospects, & their contribution to overall market. Report also covers competitive developments, like partnerships, expansions, new product launches, agreements, and research & development activities in unmanned traffic management market.

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North America is estimated to lead the unmanned traffic management market in 2018. North America is a major hub for the commercial drone industry, and the increasing investments in the development of UTM solutions by government agencies and private players from the US and Canada are expected to boost the market growth from 2018 to 2025.

Premium Insights

1 Attractive Growth Opportunities in Unmanned Traffic Management Market

2 North America Unmanned Traffic Management Market, By End-Use

3 Unmanned Traffic Management Services Market, By Subtype

4 Europe Unmanned Traffic Management Market, By Solution

5 Rest of the World Unmanned Traffic Management Market, By Region and Component

Key companies in the unmanned traffic management market include Management Frequent is (Austria), Leonardo Finmeccania (Italy), AirMap (US), Altitude Angel (UK), Thales Group(France), Harris Corporation (US), Skyward IO (US), Lockheed Martin (US), Nova Systems(Australia), Unifly (Belgium), and Precision Hawk (US).

Access report at www.rnrmarketresearch.com/contacts…unt?rname=1456416 .

The report analyzes the unmanned traffic management market on the basis of component, (hardware equipment, software tools, and services) wherein services is further divided into security services, flight services, and information services; solution (communication infrastructure, navigation infrastructure, surveillance infrastructure); end-use (agriculture & forestry, logistics & transportation, surveillance & monitoring); type (persistent, non-persistent) and region (North America, Europe, Asia Pacific, and the Rest of the World).

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