Press release
Unmanned Traffic Management Market Soars to $6.903 Billion by 2032 with a CAGR of 22.64%, Guiding the Drone Revolution
Unmanned Traffic Management
According to MRFR analysis, Unmanned Traffic Management (UTM) market is expected to register a CAGR of ~ 22.64% from 2023 to 2032 and hold a value of over USD 6.903 Billion by 2032.
The Unmanned Traffic Management (UTM) market refers to the technology and services related to the management of unmanned aerial vehicles (UAVs) or drones in the airspace. UTM systems are designed to enable safe and efficient operations of drones by providing capabilities such as flight planning, airspace coordination, communication, and collision avoidance.
Get a Free Sample PDF File @ https://www.marketresearchfuture.com/sample_request/10159
Regional Analysis-
North America has been at the forefront of UTM development, driven by the growing commercial drone industry and the need for efficient airspace management. The United States, in particular, has made significant progress in UTM research, development, and testing. Several UTM service providers and technology companies have emerged in the region, offering solutions for drone traffic management. The Federal Aviation Administration (FAA) has been actively involved in shaping UTM regulations and standards.
Europe has also made substantial advancements in UTM implementation. The European Union Aviation Safety Agency (EASA) has been actively involved in developing regulatory frameworks and standards for UTM. The region has witnessed the establishment of UTM trials and testbeds, exploring concepts like U-space. Countries like the United Kingdom, France, and Germany have been at the forefront of UTM initiatives, with various public-private collaborations driving the market.
The Asia Pacific region is experiencing significant growth in the UTM market due to the expanding drone industry and increasing interest in advanced airspace management. Countries such as China, Japan, and South Korea are actively investing in UTM infrastructure development. China, in particular, has made substantial progress in UTM implementation, with numerous pilot projects and test sites. The region offers substantial market potential, driven by both commercial and military applications of drones.
Market Segmentation-
Unmanned Traffic Management (UTM) market has been segmented into Component, Type, Technology and vertical.
By Component: Hardware, Service and Software
By Type: Image Sensor, Motion Sensor, Proximity Sensor, Pressure Sensor, Magnetometer, Humidity Sensor, Temperature Sensor , Touch Sensor , Accelerometer , Gyroscope , Flow Sensor
By Technology: Wi-Fi, Bluetooth, ZigBee, NFC, Z-Wave, RFID others
By Vertical: Industrial IoT, Consumer IoT, Commercial IoT
Request For Customization @ https://www.marketresearchfuture.com/ask_for_customize/10159
Key Companies in the Unmanned Traffic Management (UTM) market include -
Leonardo S.p.A. (Italy)
Frequentis (Austria)
Altitude Angel (UK)
L3Harris Technologies Inc. (US)
Skyward (US)
Lockheed Martin Corporation (US)
AirMap Inc. (US)
Nova Systems (Australia)
Thales Group (France)
Unifly (Belgium)
Read More About Report @ https://www.marketresearchfuture.com/reports/unmanned-traffic-management-market-10159
Unmanned Traffic Management (UTM) Industry Developments -
December 2021Leonardo Electronics announced it would be building a semiconductor device fabrication facility in Oro Valley, Arizona with construction beginning in the first half of 2022.
June 2021Canada's air navigation service provider NAV CANADA publicly launched the 'NAV Drone' application as part of its national RPAS Traffic Management (RTM) platform supplied by Unifly.
Read Our Related Report -
Aerospace Fasteners Market Research Report -Forecast Till 2030
https://www.marketresearchfuture.com/reports/aerospace-fasteners-market-1138
Aircraft Tire Market Research Report -Forecast Till 2032
https://www.marketresearchfuture.com/reports/aircraft-tire-market-2192
Aerospace Flight Control System Market Research Report - Forecast till 2030
https://www.marketresearchfuture.com/reports/aerospace-flight-control-system-market-3270
Aircraft Autopilot System Market Research Report -Forecast Till 2030
https://www.marketresearchfuture.com/reports/aircraft-autopilot-system-market-3407
Aircraft Airframe MRO Market Research Report -Forecast Till 2032
https://www.marketresearchfuture.com/reports/aircraft-airframe-mro-market-4197
Market Research Future® 99 Hudson Street,5Th Floor. New York, New York 10013 United States of America Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Unmanned Traffic Management Market Soars to $6.903 Billion by 2032 with a CAGR of 22.64%, Guiding the Drone Revolution here
News-ID: 3439184 • Views: …
More Releases from Market Research Future (MRFR)
Payment Service Provider Market Projected to Hit USD 140.91 Billion at a 5.48% C …
Market Overview:
The Payment Service Provider (PSP) market has witnessed substantial growth over the past decade, driven by the explosive rise in digital commerce, mobile payments, and cross-border transactions. As businesses strive to streamline payment processes and deliver frictionless experiences to customers, the demand for robust, secure, and scalable PSP solutions has surged.
PSPs serve as intermediaries between merchants and financial institutions, enabling the acceptance of electronic payments via multiple methods…
Boundary Scan Hardware Market Poised for Growth, Reaching USD 3.16 Billion by 20 …
Market Overview:
The Boundary Scan Hardware Market has emerged as a crucial segment within the electronics testing and debugging industry, offering advanced solutions for fault detection and circuit verification in integrated circuits (ICs) and printed circuit boards (PCBs). Leveraging the IEEE 1149.1 standard, boundary scan commonly referred to as JTAG (Joint Test Action Group) provides a non-invasive and efficient testing methodology that minimizes the need for physical probes. Boundary Scan Hardware…
Metaverse for Automotive Market is Expected to Touch USD 123.51 Billion By 2034
Market Overview:
The Metaverse for Automotive Market is redefining how automakers, suppliers, and consumers interact in a digitally immersive world. With the integration of AR/VR, IoT, blockchain, and AI technologies, the automotive industry is stepping into the virtual realm to enhance everything from product design and manufacturing to marketing, sales, and customer service.
The global rise in digital transformation, coupled with increasing consumer demand for interactive and customized experiences, is fueling…
AGV Software Market to Grow at 10.82% CAGR, Hitting USD 6.46 Billion by 2034
Market Overview:
The AGV Software Market is rapidly evolving as industries shift towards intelligent automation and digital transformation in their logistics and material handling operations. AGV software acts as the brain of autonomous vehicles, enabling seamless navigation, scheduling, route optimization, fleet coordination, and task management. With the growing demand for efficient, contactless, and error-free logistics, AGV systems have found significant adoption across warehouses, manufacturing plants, ports, and healthcare facilities. AGV Software…
More Releases for UTM
Unified threat management (UTM) Technology Research Report : Major Factors & App …
Unified threat management (UTM) technology emerged around 2004 to respond to the threats and sophisticated attacks that traditional firewalls were failing to handle. UTM solutions combine multiple security technologies into one solution that can perform many security functions simultaneously to provide layered protection to all sizes of organization whether small enterprise, home office, mid-level enterprise, or large enterprise.
For Sample Copy of Report @ https://goo.gl/UG04d6
UTM is available as cloud services…
Unified Threat Management (UTM) Market - Global Industry Analysis, Size 2019
Unified Threat Management is a security solution that comprises of features such as gateway antivirus, on-appliance reporting, data leak prevention, VPN (Virtual Private Network), network firewalling, gateway anti-spam and load balancing content filtering that offers values to the organizations. UTM solutions utilize optimum energy and are low cost solutions as compared to intensive point security solutions. UTM solutions are used by enterprises owing to its supple and scalable features which…
Entensys announces the release of its new UserGate UTM solution
The Entensys corporation announces the release of UserGate UTM, a product that answers the question of how to protect modern network infrastructures from different kinds of online threats—external attacks, malware, tracking, and other dangers—and that also permits granular policies towards internet users in terms of regulating both traffic flow and application use. The foundation of UserGate UTM is an innovative platform created by Entensys developers for communications operators, which can…
Comguard unveils Next-Generation UTM from WatchGuard in the Region
Comguard, a Dubai based leading value added distributor for IT security products and the authorised distributor for WatchGuard Technologies, today announced the launch of the New WatchGuard XTM 5 Series of Unified Threat Management (UTM). As next-generation UTMs, the new 5 Series sports the fastest throughput in its price class without sacrificing security efficacy, manageability and ease of use.
WatchGuard notes that the New XTM 5 Series gains substantive performance…
Nevales Networks | UTM Security for SMEs | Firewall | VPN | Antivirus | Antispam
The explosive growth of the Internet, media-rich resources available online, and the large number of users accessing the Web bring with them multiple threats. These threats are designed to exploit the smallest possible vulnerability in a company's network, be it for illegal profit or simply for malicious attacks.
SMEs have always been at a disadvantage when it comes to leveraging the latest technology innovations as most of these solutions come with…
ADAOX Exhibits Cyberoam’s UTM Devices At GITEX Saudi 2009
Showcases Cyberoam’s newest products such as CR15i - security appliance for small offices, and CR200i and CR300i - identity-based UTM appliances at the exhibition.
Riyadh, Kingdom of Saudi Arabia, April 21, 2009: ADAOX Middle East, the leading value added distributor (VAD) of IT security products, introduced its newest vendor-partner Cyberoam at GITEX Saudi Arabia 2009, the leading technology exhibition in the country. ADAOX is also showcasing Cyberoam’s latest identity-based UTM devices,…
