Unmanned Traffic Management Market: Global Industry Growth, Market Size, Share and Forecast 2019-2025

Posted November 13, 2019 by shiba123

The global unmanned traffic management market is growing at a significant CAGR during the forecast period.
The global unmanned traffic management market is growing at a significant CAGR during the forecast period. Some of the major factors that are driving the global unmanned traffic management industry include a rise in the usage of drones in logistics & transport and other commercial uses. The primary reason for drone being used in logistics and transport is due to Demand for faster delivery of goods and boost in demand for sophisticated industry-specific analytic solutions. Unmanned Traffic Management (UTM) is a solution that is intended to view, assess and manage the air traffic. The system helps in preventing possible crashes and other hazards which occur due to the moving drones and other aerial vehicles. It is currently being used for applications such as communication, navigation, and surveillance among others.

Browse the full report description of Tonic Water Market Research and Forecast 2018-2023 at https://www.omrglobal.com/industry-reports/unmanned-traffic-management-market

UTM is a powerful tool that is being used for military and non-military applications. It is a cost-effective way for a myriad of other applications such as precision agriculture, surveying, aerial photography, mapping and so on. Considering the rapidly growing use of unmanned drones, it is obvious that there is an urgent need for management service for controlling and managing these drones. NASA developed the management framework for the drones in 2013 to safely incorporate drones in the airspace. Since 2016, NASA has been leading most of UAS Traffic Management work in the US and implementing projects and has been involved to test its UTM platform with various industry partners within the TCL Program. The UTM system is a technology that is designed to handle drone traffic skillfully at the lower airspace level.

Furthermore, UTM is utilized for boosting the visual line of sight (VLOS) & beyond the line of sight operation (BVLOS) to provide error-free communication between operator and UTM. The unmanned traffic management market is expected to observe robust growth over the next few years on account of the increasing need for safe and efficient unmanned aircraft operations. Further, the rise in the use of UTM services in several applications including flight information, weather, network & connectivity, emergency response, and communication. E-commerce and retail companies are rapidly adopting UTM for warehouse search and operations.

The key market players dominating the global UTM market include 3D Robotics, Inc. AirMap, Inc., Altitude Angel, Ltd., ANRA Technologies, Analytical Graphics, Inc., Collins Aerospace, Frequentis AG, Harris Corp., Leonardo S.p.A., Lockheed Martin Corp. and Microdrones GmbH. The companies are focused on developing advanced UTM technology to stay competitive in the market. For instance, Walmart is now testing drones, fitted with an optical scanner, in its enormous US warehouses where the smallest warehouse of them all is at least the size of 17 football fields. The Walmart UAVs are fully automatic and does not require any human assistance, it can search an inventory size in an hour, which usually requires 50 humans, that’s huge cost-effectiveness and time saver for the company across its range of warehouses in the US.

Global UTM Market - Segment

By Solution
• Communication Infrastructure
• Navigation Infrastructure
• Surveillance Infrastructure
By End-User
• Agriculture & Forestry
• Logistic & Transportation
• Surveillance & Monitoring

Global UTM Market – Regional

North America
• United States
• Canada
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/unmanned-traffic-management-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +1 646-755-7667, +91 780-304-040
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mr. Anurag Tiwari
Phone +1 6467557667
Business Address 305-308, Commerce House, Janjeerwala Square, Indore, Madhya Pradesh
Country India
Categories Business
Last Updated November 13, 2019