UAS Traffic Management (UTM) System Market Soars as Technology Paves the Way for Sky-High Innovation | AirMap Inc., Frequentis, Harris Corporation

PRESS RELEASE
Published August 18, 2023

UTM systems play a pivotal role in orchestrating the safe and efficient movement of UAS in low-altitude airspace. As the drone industry expands with applications ranging from aerial deliveries to surveillance, UTM technology ensures that UAS operations coexist harmoniously while adhering to safety regulations.

The UAS Traffic Management (UTM) system market is experiencing unprecedented growth as technological advancements continue to reshape the aviation landscape. With a projected Compound Annual Growth Rate (CAGR) of 16.2% from 2023 to 2030, the UTM market is poised to revolutionize the way unmanned aircraft systems (UAS) navigate the skies.

The evolution of UAS, often referred to as drones, has ushered in a new era of possibilities, from aerial delivery services to advanced surveillance and monitoring capabilities. However, this innovation also demands a sophisticated framework for managing the increasing volume of UAS traffic. Enter the UAS Traffic Management system – a cutting-edge solution that orchestrates the safe and efficient movement of UAS in low-altitude airspace.

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Key Highlights Driving the UTM Market:

  1. Safety First: The integration of UTM systems enhances situational awareness, allowing for real-time monitoring and collision avoidance, mitigating risks associated with UAS operations.
  2. Regulatory Compliance: With aviation authorities implementing stricter regulations for UAS operations, UTM systems streamline compliance by providing automated flight approvals and monitoring capabilities.
  3. Urban Air Mobility (UAM): The rise of UAM envisions a future where air taxis and delivery drones coexist in urban environments. UTM systems will play a pivotal role in managing this complex airspace.
  4. Technological Advancements: Advancements in communication, AI, and data analytics enable UTM systems to adapt to evolving operational requirements and airspace conditions.
  5. Global Collaboration: Governments, industry players, and regulatory bodies are collaboratively shaping the UTM ecosystem, fostering an environment conducive to its growth.

Infinity Business Insights is at the forefront of UTM innovation, leveraging its expertise to develop comprehensive UTM solutions that cater to the diverse needs of UAS operators, regulatory authorities, and airspace stakeholders.

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The key market players for global UAS Traffic Management(UTM) System market are listed below:

  • AirMap Inc.
  • Frequentis
  • Harris Corporation
  • Leonardo S.p.A.
  • Lockheed Martin
  • Nova Systems
  • Precisionhawk
  • Rockwell Collins
  • Thales Group
  • Unifly

Market segment by Type, covers

  • Portable Type
  • Persistent Type

Market segment by Application can be divided into

  • Logistics & Transportation
  • Military & Security Agencies
  • Agriculture & Forestry
  • Others

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Table of Contents

1 Market Overview

1.1 UAS Traffic Management(UTM) System Introduction

1.2 Market Analysis by Type

1.2.1 Overview: Global UAS Traffic Management(UTM) System Revenue by Type: 2021 Versus 2023 Versus 2030

1.2.2 Portable Type

1.2.3 Persistent Type

1.3 Market Analysis by Application

1.3.1 Overview: Global UAS Traffic Management(UTM) System Revenue by Application: 2021 Versus 2023 Versus 2030

1.3.2 Logistics & Transportation

1.3.3 Military & Security Agencies

1.3.4 Agriculture & Forestry

1.3.5 Others

1.4 Global UAS Traffic Management(UTM) System Market Size & Forecast

1.4.1 Global UAS Traffic Management(UTM) System Sales in Value (2019-2030))

1.4.2 Global UAS Traffic Management(UTM) System Sales in Volume (2019-2030)

1.4.3 Global UAS Traffic Management(UTM) System Price by Type (2019-2030) & (USD/Unit)

1.5 Global UAS Traffic Management(UTM) System Production Capacity Analysis

1.5.1 Global UAS Traffic Management(UTM) System Total Production Capacity (2019-2030)

1.5.2 Global UAS Traffic Management(UTM) System Production Capacity by Geographic

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