The North America Unmanned Traffic Management Market would witness market growth of 20.7% CAGR during the forecast period (2022-2028).
In the past few years, the unmanned traffic management market is experiencing significant traction, which is driven by the promising growth rate of the drone market, an increase in demand for improved surveillance, and rise in product launches, recent partnerships and collaborations, and other developments in unmanned traffic management (UTM) space. Increasing demand for drones in commercial applications and greater government backing, on the other hand, are likely to augment the unmanned traffic management industry, resulting in a better opportunity for market growth throughout the forecast period.
A UTM system like this will inherit core ideas from large-scale air traffic control, but with a few critical modifications to allow for sUAS with different control methods, maneuverability, range, function, and operating limits. Finally, an expansion of UTM infrastructure, decentralization of regulating power over sUAS operations, and the creation of a web interface for pilots to submit flight plans and access critical data would allow sUAS operations to transition from science fantasy gimmick to everyday reality. Even if solely in Class-G airspace, a successful unmanned aircraft system traffic management (UTM) system must allow both humanly controlled and autonomous sUAS to fly BVLOS.
As US counterterrorism policy has pushed toward measures that are more clandestine, more destructive, and more remote from the battlefield, drones have quickly become one of the military's principal weapons. Both the US military and the CIA utilize drones in war zones to perform conventional combat as well as targeted murders of persons accused of terrorism, and they have done so both within and outside of battlegrounds.
The Department of Defense requested $9.39 billion for drones and related technology in the fiscal year 2019 budget, according to the Bard College Center for the Study of the Drone. The administration's request for drone acquisition, research, development, testing, and evaluation was valued at $3.4 billion by the Stimson Center. Thus, the US is expected to have a high demand for unmanned traffic management systems due to widespread drone use.
The US market dominated the North America Unmanned Traffic Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $982.5 million by 2028, growing at a CAGR of 19.9 % during the forecast period. The Canada market is expected to witness a CAGR of 23.5% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 22.4% during (2022 - 2028).
Based on Component, the market is segmented into Software and Hardware. Based on Application, the market is segmented into Surveillance & Monitoring, Logistics & Transportation, and Agriculture & Forestry. Based on End User, the market is segmented into Drone Operators or Pilots, Emergency Service & Local Authorities, Airports, and Recreational Users. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Unmanned Traffic Management Market is Estimated to reach $2.4 Billion by 2028, at a CAGR of 21.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L3Harris Technologies, Inc., Airbus SE, Thales Group S.A., Leonardo SpA, Altitude Angel Limited, Droniq GmbH, OneSky Systems, Inc., PrecisionHawk, Inc., Terra Drone Corporation (Terra Motors Corporation), and Unifly NV.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Surveillance & Monitoring
- Logistics & Transportation
- Agriculture & Forestry
By End User
- Drone Operators or Pilots
- Emergency Service & Local Authorities
- Airports
- Recreational Users
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- L3Harris Technologies, Inc.
- Airbus SE
- Thales Group S.A.
- Leonardo SpA
- Altitude Angel Limited
- Droniq GmbH
- OneSky Systems, Inc.
- PrecisionHawk, Inc.
- Terra Drone Corporation (Terra Motors Corporation)
- Unifly NV
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Unmanned Traffic Management Market, by Component
1.4.2 North America Unmanned Traffic Management Market, by Application
1.4.3 North America Unmanned Traffic Management Market, by End User
1.4.4 North America Unmanned Traffic Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Unmanned Traffic Management Market
Chapter 4. North America Unmanned Traffic Management Market by Component
4.1 North America Software Market by Country
4.2 North America Hardware Market by Country
Chapter 5. North America Unmanned Traffic Management Market by Application
5.1 North America Surveillance & Monitoring Market by Country
5.2 North America Logistics & Transportation Market by Country
5.3 North America Agriculture & Forestry Market by Country
Chapter 6. North America Unmanned Traffic Management Market by End User
6.1 North America Drone Operators or Pilots Market by Country
6.2 North America Emergency Service & Local Authorities Market by Country
6.3 North America Airports Market by Country
6.4 North America Recreational Users Market by Country
Chapter 7. North America Unmanned Traffic Management Market by Country
7.1 US Unmanned Traffic Management Market
7.1.1 US Unmanned Traffic Management Market by Component
7.1.2 US Unmanned Traffic Management Market by Application
7.1.3 US Unmanned Traffic Management Market by End User
7.2 Canada Unmanned Traffic Management Market
7.2.1 Canada Unmanned Traffic Management Market by Component
7.2.2 Canada Unmanned Traffic Management Market by Application
7.2.3 Canada Unmanned Traffic Management Market by End User
7.3 Mexico Unmanned Traffic Management Market
7.3.1 Mexico Unmanned Traffic Management Market by Component
7.3.2 Mexico Unmanned Traffic Management Market by Application
7.3.3 Mexico Unmanned Traffic Management Market by End User
7.4 Rest of North America Unmanned Traffic Management Market
7.4.1 Rest of North America Unmanned Traffic Management Market by Component
7.4.2 Rest of North America Unmanned Traffic Management Market by Application
7.4.3 Rest of North America Unmanned Traffic Management Market by End User
Chapter 8. Company Profiles
8.1 L3Harris Technologies, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research and Development Expense
8.1.5 SWOT Analysis
8.2 Airbus SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.3 Thales Group S.A.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research and Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.4 Leonardo SpA
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.5 Altitude Angel Limited
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Droniq GmbH
8.6.1 Company Overview
8.7 OneSky Systems, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 PrecisionHawk, Inc.
8.8.1 Company Overview
8.9 Terra Drone Corporation (Terra Motors Corporation)
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Acquisition and Mergers:
8.10. Unifly NV
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Unmanned Traffic Management Market, 2018 - 2021, USD Million
TABLE 2 North America Unmanned Traffic Management Market, 2022 - 2028, USD Million
TABLE 3 North America Unmanned Traffic Management Market by Component, 2018 - 2021, USD Million
TABLE 4 North America Unmanned Traffic Management Market by Component, 2022 - 2028, USD Million
TABLE 5 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Unmanned Traffic Management Market by Application, 2018 - 2021, USD Million
TABLE 10 North America Unmanned Traffic Management Market by Application, 2022 - 2028, USD Million
TABLE 11 North America Surveillance & Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Surveillance & Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Logistics & Transportation Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Logistics & Transportation Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Agriculture & Forestry Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Agriculture & Forestry Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Unmanned Traffic Management Market by End User, 2018 - 2021, USD Million
TABLE 18 North America Unmanned Traffic Management Market by End User, 2022 - 2028, USD Million
TABLE 19 North America Drone Operators or Pilots Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Drone Operators or Pilots Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Emergency Service & Local Authorities Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Emergency Service & Local Authorities Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Airports Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Airports Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Recreational Users Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Recreational Users Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Unmanned Traffic Management Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Unmanned Traffic Management Market by Country, 2022 - 2028, USD Million
TABLE 29 US Unmanned Traffic Management Market, 2018 - 2021, USD Million
TABLE 30 US Unmanned Traffic Management Market, 2022 - 2028, USD Million
TABLE 31 US Unmanned Traffic Management Market by Component, 2018 - 2021, USD Million
TABLE 32 US Unmanned Traffic Management Market by Component, 2022 - 2028, USD Million
TABLE 33 US Unmanned Traffic Management Market by Application, 2018 - 2021, USD Million
TABLE 34 US Unmanned Traffic Management Market by Application, 2022 - 2028, USD Million
TABLE 35 US Unmanned Traffic Management Market by End User, 2018 - 2021, USD Million
TABLE 36 US Unmanned Traffic Management Market by End User, 2022 - 2028, USD Million
TABLE 37 Canada Unmanned Traffic Management Market, 2018 - 2021, USD Million
TABLE 38 Canada Unmanned Traffic Management Market, 2022 - 2028, USD Million
TABLE 39 Canada Unmanned Traffic Management Market by Component, 2018 - 2021, USD Million
TABLE 40 Canada Unmanned Traffic Management Market by Component, 2022 - 2028, USD Million
TABLE 41 Canada Unmanned Traffic Management Market by Application, 2018 - 2021, USD Million
TABLE 42 Canada Unmanned Traffic Management Market by Application, 2022 - 2028, USD Million
TABLE 43 Canada Unmanned Traffic Management Market by End User, 2018 - 2021, USD Million
TABLE 44 Canada Unmanned Traffic Management Market by End User, 2022 - 2028, USD Million
TABLE 45 Mexico Unmanned Traffic Management Market, 2018 - 2021, USD Million
TABLE 46 Mexico Unmanned Traffic Management Market, 2022 - 2028, USD Million
TABLE 47 Mexico Unmanned Traffic Management Market by Component, 2018 - 2021, USD Million
TABLE 48 Mexico Unmanned Traffic Management Market by Component, 2022 - 2028, USD Million
TABLE 49 Mexico Unmanned Traffic Management Market by Application, 2018 - 2021, USD Million
TABLE 50 Mexico Unmanned Traffic Management Market by Application, 2022 - 2028, USD Million
TABLE 51 Mexico Unmanned Traffic Management Market by End User, 2018 - 2021, USD Million
TABLE 52 Mexico Unmanned Traffic Management Market by End User, 2022 - 2028, USD Million
TABLE 53 Rest of North America Unmanned Traffic Management Market, 2018 - 2021, USD Million
TABLE 54 Rest of North America Unmanned Traffic Management Market, 2022 - 2028, USD Million
TABLE 55 Rest of North America Unmanned Traffic Management Market by Component, 2018 - 2021, USD Million
TABLE 56 Rest of North America Unmanned Traffic Management Market by Component, 2022 - 2028, USD Million
TABLE 57 Rest of North America Unmanned Traffic Management Market by Application, 2018 - 2021, USD Million
TABLE 58 Rest of North America Unmanned Traffic Management Market by Application, 2022 - 2028, USD Million
TABLE 59 Rest of North America Unmanned Traffic Management Market by End User, 2018 - 2021, USD Million
TABLE 60 Rest of North America Unmanned Traffic Management Market by End User, 2022 - 2028, USD Million
TABLE 61 Key information – L3Harris Technologies, Inc.
TABLE 62 Key information – Airbus SE
TABLE 63 key information – Thales Group S.A.
TABLE 64 Key information – Leonardo SpA
TABLE 65 Key Information – Altitude Angel Limited
TABLE 66 Key Information – Droniq GmbH
TABLE 67 Key Information – OneSky Systems, Inc.
TABLE 68 Key Information – PrecisionHawk, Inc.
TABLE 69 Key Information – Terra Drone Corporation
TABLE 70 Key Information – Unifly NV
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: L3Harris Technologies, Inc.
FIG 3 Recent strategies and developments: Altitude Angel Limited