New York, According to a new market research report published by Global Insight Services “Unmanned Traffic Management Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Unmanned Traffic Management (UTM) is a system of technologies and procedures designed to manage the safe integration of unmanned aircraft into the national airspace system. UTM includes airspace design, communication and navigation systems, traffic management procedures, and separation assurance. UTM is being developed by a consortium of government, industry, and academic partners.
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Key Trends
There are several key trends in unmanned traffic management technology. One is the trend toward using artificial intelligence (AI) to help manage traffic flow. This includes using AI to monitor and predict traffic patterns, and to make decisions about routing and congestion management.
Another key trend is the development of autonomous vehicles, which will need to be integrated into the traffic management system. This will require new technologies and approaches to managing traffic flow.
Key Drivers
There are a number of key drivers of the unmanned traffic management (UTM) market. One of the most significant is the increasing use of drones for commercial purposes.
This is leading to a need for better management of drone traffic, in order to avoid collisions and other safety hazards. Another driver is the increasing adoption of drones by the military and other government agencies. This is resulting in a need for better management of drone traffic in order to ensure security and safety.
Finally, the increasing popularity of drone racing is also driving the need for better UTM solutions, in order to ensure the safety of participants and spectators.
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Market Segments
By Type
- Persistent
- Non-Persistent
By Solution
- Communication Infrastructure
- Navigation Infrastructure
- Surveillance Infrastructure
Key Market Players
The unmanned traffic management market report includes players such as Airbus, Altitude Angle, Droniq GmbH, Intelligent Automation, Leonardo SpA, OneSky, PrecisionHawk Inc, Thales Group, Terra Drone Corporation, Unifly NV.
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Reasons to buy Unmanned Traffic Management Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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