Insights Into The Unmanned Traffic Management Market’s Growth Potential 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global unmanned traffic management market is expected to grow from $1.08 billion in 2022 to $1.32 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%. The unmanned traffic management market is expected to reach $2.85 billion in 2027 at a CAGR of 21.3%.
Increasing drone activities are expected to propel the growth of the unmanned traffic management market going forward.
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Major players in the unmanned traffic management market are Droniq GmbH, Raytheon Company, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc.
Advancements in unmanned traffic management are a key trend gaining popularity in the unmanned traffic management market. Major companies operating in the market are developing advanced unmanned traffic management systems to sustain their position in the market.
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Global Unmanned Traffic Management Market Segments Include:
- By Type: Persistent, Non-Persistent
- By Component: Hardware, Software, Services
- By Application: Aviation, Homeland Security, Agriculture, Logistics And Transportation, Other Applications
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global unmanned traffic management market in 2021.
The Unmanned Traffic Management Global Market Report 2023 provides an overview of the unmanned traffic management market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The unmanned traffic management market forecast analyzes unmanned traffic management market size, unmanned traffic management market share, leading competitor and their market positions.
Unmanned traffic management (UTM) refers to a system designed to manage the integration of unmanned aircraft systems (UAS), commonly known as drones, into the airspace. These systems provide a framework that allows for drones’ safe and scalable integration into existing airspace while accommodating diverse operations and applications.
The Table Of Content For The Unmanned Traffic Management Market Include:
1. Unmanned Traffic Management Market Executive Summary
2. Unmanned Traffic Management Market Segments
3. Unmanned Traffic Management Market Size And Unmanned Traffic Management Market Growth Rate
4. Key Unmanned Traffic Management Market Trends
5. Major Unmanned Traffic Management Market Drivers
25. Key Mergers And Acquisitions In The Unmanned Traffic Management Market
26. Top Unmanned Traffic Management Companies
27. Unmanned Traffic Management Market Opportunities And Strategies
28. Unmanned Traffic Management Market, Conclusions And Recommendations
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