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Unleashing the Future of Air Travel: Introducing Advanced Unmanned Traffic Management Systems
Allied Market Research recently published a report, titled, "Unmanned Traffic Management Market by Component (Hardware, Software), by Application (Agriculture and Forestry, Logistics and Transportation, Surveillance and Monitoring), by End User (Drone Operators or Pilots, Recreational Users, Airports, Emergency Service and Local Authorities): Global Opportunity Analysis and Industry Forecast, 2021-2031". As per the report, the global unmanned traffic management industry was accounted for $0.78 billion in 2021, and is expected to reach $3.1 billion by 2031, growing at a CAGR of 15.7% from 2022 to 2031.Drivers, restraints, and opportunities
Growth of the drone market, surge in demand for improved surveillance, and increase in product launches and partnerships drive the growth of the global unmanned traffic management market. However, strict drone regulations, technological challenges in implementation of UTM hinder the market growth. On the contrary, rise in demand for drones in commercial applications and support of government would unlock new opportunities in the future.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ:https://www.alliedmarketresearch.com/request-sample/7534
Covid-19 scenario:
The Covid-19 pandemic forced governments to implement strict lockdown and ban on import-export of raw material items. This led to sudden fall in the availability of important component for manufacturing unmanned traffic management component.
The prolonged lockdown forced manufacturing facilities to completely shut their operations. Moreover, this resulted in delays in initiatives and activities regarding development of advanced unmanned traffic management services.
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The software segment held the largest share
By component, the software segment held the largest share in 2021, accounting for more than 90% of the global unmanned traffic management market, due to high demand for unmanned traffic management software that can enable the development of future-centric unmanned traffic management system across the globe. However, the hardware segment is expected to register the highest CAGR of 17.4% during the forecast period, owing to rise in demand for the installment of superior sensing, communication, and data transfer devices in UAVs globally.
The surveillance and monitoring segment dominated the market
By application, the surveillance and monitoring segment held the lion's share in 2021, contributing to nearly three-fourths of the global unmanned traffic management market, due to high demand for systems that can ensure accurate surveillance and monitoring of UAVs. However, the agriculture and forestry segment is estimated to manifest the highest CAGR of 18.9% from 2022 to 2031, due to rise in demand for the UAVs to be deployed in agriculture sector globally.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐ก๐ ๐๐๐ญ๐? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ก๐๐ซ๐ ๐๐ญ https://www.alliedmarketresearch.com/purchase-enquiry/7534
North America held the largest share
By region, the global unmanned traffic management market across North America dominated in 2021, holding nearly two-fifths of the market, due to increase in R&D activities; technological developments by key players; and increase in government support. However, the market across Asia-Pacific is projected to portray the highest CAGR of 17.9% during the forecast period, owing to rise in adoption of unmanned aerial vehicles or drones across several Asian nations, for instance, China, India, Japan, South Korea, and Australia, among others.
Major market players
Airbus
Altitude Angle
Droniq GmbH.
Intelligent Automation (IAI)
Leonardo S.p.A.
One sky
PrecisionHawk Inc.
Thales Group
Terra Drone
Unifly NV.
๐๐ฎ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.alliedmarketresearch.com/checkout-final/e56eeb5b8dc15f4b2bc7d788c1e4904b
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐ซ๐๐๐๐ข๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
Air Traffic Control Market- https://www.alliedmarketresearch.com/air-traffic-control-equipment-market
Air Traffic Management Market- https://www.alliedmarketresearch.com/air-traffic-management-market-A07104
Vessel Traffic Management Market- https://www.alliedmarketresearch.com/vessel-traffic-management-market-A07175
Integrated Traffic Systems Market- https://www.alliedmarketresearch.com/integrated-traffic-systems-market-A12181
Traffic Monitoring Market- https://www.alliedmarketresearch.com/traffic-monitoring-market-A13923
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement met
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