The Business Research Company’s Unmanned Traffic Management Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Unmanned Traffic Management Global Market Report 2023 evaluates unmanned traffic management market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global unmanned traffic management market is poised for substantial growth, with its estimated value projected to surge from $1.08 billion in 2022 to an impressive $1.32 billion in 2023. This expansion is underpinned by a robust compound annual growth rate (CAGR) of 21.6%. However, it is essential to contextualize this promising trajectory within the backdrop of global events.
The Russia-Ukraine conflict has introduced a significant disruption to the world’s economic recovery following the severe shock of the COVID-19 pandemic. The ramifications of this conflict have reverberated throughout the global landscape, manifesting in the form of economic sanctions imposed on multiple nations, surges in commodity prices, supply chain disruptions, and consequent inflationary pressures across various sectors. These repercussions have also spurred increased interest rates, profoundly influencing numerous global markets.
Against this complex backdrop, the unmanned traffic management market is poised to further evolve, reaching a projected value of $2.85 billion by 2027, fueled by a commendable CAGR of 21.3%. One pivotal catalyst for this anticipated growth is the burgeoning prevalence of drone activities.
Drones, be they remotely piloted aircraft or autonomous systems, have emerged as significant drivers of air traffic. The surge in drone activities has necessitated innovative solutions in the form of unmanned traffic management systems. For instance, in March 2023, Flytrex, an Israeli drone delivery startup, executed an astounding 21,350 drone deliveries—a remarkable seven-fold increase compared to 2021. During the period spanning 2021 to 2022, Flytrex experienced a staggering 765% growth in its drone service user base. This resounding success story underscores the transformative impact of increased drone activity on the unmanned traffic management market. As the drone industry continues to soar to new heights, it is expected to play an integral role in shaping the future of global traffic management systems.
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The unmanned traffic management market segments in the report are:
1) By Type: Persistent, Non-Persistent
2) By Component: Hardware, Software, Services
3) By Application: Aviation, Homeland Security, Agriculture, Logistics And Transportation, Other Applications
Top 5 Major Players:
Table of contents :
1. Executive Summary
2. Unmanned Traffic Management Market Characteristics
3. Unmanned Traffic Management Market Trends And Strategies
4. Unmanned Traffic Management Market – Macro Economic Scenario
5. Global Unmanned Traffic Management Market Drivers and Restraints
…..
32. Global Unmanned Traffic Management Market Competitive Benchmarking
33. Global Unmanned Traffic Management Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Unmanned Traffic Management Market
35. Unmanned Traffic Management Market Future Outlook and Potential Analysis
36. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Unmanned Traffic Management Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Unmanned Traffic Management Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Unmanned Traffic Management Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 74: Droniq GmbH Financial Performance
Table 75: Raytheon Company Financial Performance
Table 76: Lockheed Martin Corporation Financial Performance
Table 77: Northrop Grumman Corporation Financial Performance
Table 78: Honeywell International Inc. Financial Performance
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