The Unmanned Traffic Management (UTM) Market is projected to reach USD 3.52 Billion by 2033, growing from USD 0.92 Billion in 2023 at a compound annual growth rate (CAGR) of 23.85%. This market focuses on the creation, implementation, and oversight of systems and services designed to ensure the safe, efficient, and orderly integration of unmanned aerial vehicles (UAVs), or drones, into national airspace systems. UTM systems address various operational needs such as flight planning, tracking, data exchange, and airspace management to support the growing use of drones in airspace.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Type (Persistent, Non-Persistent)
By Component (Hardware, Software, Services)
By Solution (Communication Infrastructure, Navigation Infrastructure, Surveillance Infrastructure)
By End Use (Agriculture & Forestry, Logistics & Transportation, Surveillance & Monitoring)
Key players
Frequentis
Leonardo Finmeccania
AirMap
Altitude Angel
Thales
Harris
Skyward
Lockheed Martin
Nova Systems
Unifly
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