Unmanned Traffic Management Market Analysis

Unmanned Traffic Management Market Analysis

Based on the component, the unmanned traffic management market is segmented into hardware, software, and services. The software segment will hold a significant share. UAM software provides real-time information about all drones in flight and informs pilots of restricted & unrestricted weather conditions. The increasing demand for unmanned vehicles and growing drone purchases by China, India, the U.S., and other countries for various commercial and military uses are driving segment growth. High investments in developing the best solutions for transportation planning will propel market growth.
 

The software provides soldiers with visual intelligence and real-time information to make decisions on the battlefield. ANRA Technologies, OneSky, and Collins Aerospace have developed software platforms to plan & disrupt drone operations. Therefore, the surging demand for drones and increased spending on advanced UTM software development are expected to offer significant market growth opportunities.
 

Based on type, the persistent segment captured about 70% of the unmanned traffic management market share in 2022. Persistent UTM systems provide continuous and real-time monitoring & control of an Unmanned Aerial Vehicles (UAVs) throughout their flight operations, especially for long-haul flights or missions. These systems use tracking technologies, such as radar, Automatic Surveillance-Broadcast (ADS-B), and other solutions to monitor the exact position, altitude, speed, and flight time. The demand for continuous UTM solutions is led by the rising demand for UAV operations that require longer flight times including surveillance, search, and rescue operations. The UTM system consistently ensures the success of these long-term projects by providing time tracking, flight planning, and location tracking capabilities.
 

Based on application, the unmanned traffic management market is divided into navigation infrastructure, communication infrastructure, surveillance infrastructure, and others. The communication infrastructure segment expanded about 20% CAGR in 2022. Communication infrastructure is essential to create an efficient & secure communication system in the UTM ecosystem. It supports real-time information exchange, coordination of drone operations, integration with ATC systems, and compliance with communication standards & procedures. Strong & reliable communication is necessary for the safe & efficient management of drones in common airspaces. The main factor fueling this segment is the need to develop communication networks to meet the increasing data exchange and connectivity needs between drones, stations, UTM service providers, and other stakeholders.
 

North America held approximately 40% of the unmanned traffic management market share in 2022. This growth is credited to the high number of UAVs, increased R&D investments, and the rising use of drones in military applications. According to NASA, over 873,000 drones were predicted to be registered to fly in the U.S. by 2021. Also, in May 2022, Walmart partnered with DroneUp for drone deployments at 34 locations in six states in the U.S.
 

Furthermore, In October 2022, the U.S. Border Patrol purchased more than USD 1 million worth of tracking and surveillance drones from Red Cat’s subsidiary, Teal Drones. Thus, the increasing demand for UAVs in commercial and military applications will create a huge demand for UTM systems.