How big is the Unmanned Traffic Management Market?

The Unmanned Traffic Management Market size is expected to reach USD 0.98 billion in 2024 and grow at a CAGR of 23.5% to reach USD 2.87 billion by 2029. Read More

What is the current Unmanned Traffic Management Market size?

In 2024, the Unmanned Traffic Management Market size is expected to reach USD 0.98 billion. Read More

Who are the key players in Unmanned Traffic Management Market?

Frequentis AG, Unifly nv, THALES, OneSky Systems, Inc. and Leonardo S.p.A. are the major companies operating in the Unmanned Traffic Management Market. Read More

Which is the fastest growing region in Unmanned Traffic Management Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Unmanned Traffic Management Market?

In 2024, the North America accounts for the largest market share in Unmanned Traffic Management Market. Read More

What years does this Unmanned Traffic Management Market cover, and what was the market size in 2023?

In 2023, the Unmanned Traffic Management Market size was estimated at USD 0.75 billion. The report covers the Unmanned Traffic Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Unmanned Traffic Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Unmanned Traffic Management Market - UTM

Unmanned Traffic Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Unmanned Traffic Management Market Report is Segmented by Component (Hardware, Software, And Services), Application (Agriculture and Forestry, Transportation and Logistics, And Surveillance and Monitoring), And Geography (North America, Europe, Asia-pacific, Latin America, And the Middle East and Africa). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Unmanned Traffic Management (UTM) Industry Overview

The unmanned traffic management market is consolidated, with few players holding significant shares. Some prominent market players are OneSky Systems, Inc., THALES, Unifly nv, Frequentis AG, and Leonardo S.p.A., among others.

With growing competition in the market, the key OEMs focus on developing advanced solutions for unmanned traffic management. The e-commerce sector, food delivery services, and medical emergency services are witnessing a surge in the need for last-mile delivery solutions, which has led to a rise in demand for drone logistics. As a result, there is a growing demand for unmanned traffic management solutions. Many companies that are involved in small package delivery and the last-mile delivery of goods are extensively using drones to reduce their expenses and enhance their operational efficiency. The new digital traffic management system will ensure that flight clearances for UAVs are handled safer, faster, and more efficiently in the future.