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Global Unmanned Traffic Management Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Unmanned Traffic Management Market value is expected to reach $667 million growing at a CAGR of 35.9% during 2022-2028.Unmanned traffic management is the name given to a traffic management system that manages operations apart from the federal aviation administration's air traffic control. A few businesses that are interested in adopting drones include the media, surveying, entertainment, advertising, remote sensing, precision agriculture, cleaning up polluted areas, real estate, construction, environment monitoring, forest monitoring, and emergency management & disaster response applications.
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North America is projected to have the highest CAGR over the forecast period. The development of UTM solutions by US and Canadian private businesses and governmental organisations is expected to increase, which will accelerate the market's growth. The commercial drone sector is mainly focused in North America. Drones are being used in a variety of challenging environments in the US and Canada for atmospheric researches. Drones are also becoming more prevalent in both military and civilian applications.
Some of the key players profiled in the Unmanned Traffic Management Market include Frequentis, Lockheed Martin Corporation, Precisionhawk, Airbus , Thales Group, Nokia Corporation, 3Harris Technologies Inc., Nova Systems, Altitude Angel, Taiwan Fluoro Technology Co., Ltd., DroneUp, LLC, Raytheon Intelligence & Space and ANRA Technologies.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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