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Visiongain Publishes Unmanned Traffic Management (UTM) Market Report 2021-2031

25 October 2021

Visiongain has published a new report on Unmanned Traffic Management (UTM) Market Report 2021-2031: Forecasts by Type (Persistent, Non-Persistent), by Component (Hardware, Software, Service (Security Service, Flight Service, Information Service)), by Solution (Communication Infrastructure, Surveillance Infrastructure, Navigation Infrastructure), by End-user (Agriculture & Forestry, Logistics & Transportation, Surveillance & Monitoring, Others) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Recovery Scenarios.

Global unmanned traffic management market was valued at US$xx million in 2021 and is projected to reach at a market value of US$xx million by 2031. Some of the factors that are expected to positively influence development of UTM systems include the increasing prevalence of drones used in several sectors such as delivery, agriculture, surveillance etc. Technological progress made in UAVs, cargo drones and autonomous ground delivery is expected to boost demand for UTM services to enhance the safety of low altitude airspace. The COVID-19 pandemic also provided necessary boost to the market that enabled entry to companies to test their systems and services to gain regulatory approval.

COVID-19 Impact on Unmanned Traffic Management Market
Visiongain has anticipated four scenarios for the unmanned traffic management market to recover over the forecast period, namely, V, U, W, and L. The COVID 19 pandemic has had a very positive impact on the unmanned traffic management market, with several organic & inorganic growth strategies adopted by companies in 2020 and 2021. At the outbreak of the coronavirus, healthcare systems in the world were under tremendous pressure to provide healthcare solutions that included prescribed medication, and critical supplies such as blood requirements and special drugs. During such demanding times, the drone delivery market stepped in to render its help with the supply of medication or test kits to those individuals who chose self- isolation. JD.com, a Beijing based e-commerce company deployed autonomous shuttles and drones to deliver healthcare and commercial goods in different quarantine zones across Hubei, China at the start of the COVID-19 pandemic.

How this Report Will benefit you?
Visiongain’s new study is suitable for anyone requiring in-depth analyses for the global unmanned traffic management market along with detailed segment analysis in the market. Our new study assists you in evaluating the overall global and regional market for autonomous trains. Get the financial analysis of the overall market and different segments. Huge opportunities remains in this fast-growing unmanned traffic management market. See how to use the existing and upcoming opportunities in this market to gain a competitive edge in the near future. Moreover, the report will help you to improve your strategic decision making, allowing you to frame growth strategies, reinforce the analysis of other market players and finally maximise productivity for your company.

What are the Market Drivers?

High Adoption of Drones for commercial activities
Drones have become an economical solution for a broad range of commercial applications such as infrastructure surveillance, delivery, agriculture, and mining among others. Expensive aerial surveillance that was earlier done occasionally with planes can now be completed weekly or even daily with the help of drones costing a few hundred dollars. The rise of drones in commercial activities such as agriculture, forestry, surveying, utilities, infrastructure, inspection, mining, construction, and entertainment, among others is rising which is expected to compel regulatory authorities to invest and set up a strong UTM system for the safe integration of the UAVs in the commercial airspace.

Partnerships Between Countries Regulatory Authorities and Private Companies
Government stakeholders act as an enabler to support the UAS operations in various countries such as the U.S., UK, India, as well as across the European continent. In the U.S. the Federal Aviation Administration (FAA), NASA, other federal partner agencies, and the UAS industry are collaborating to develop an unmanned aircraft system traffic management (UTM) system to identify services, roles and responsibilities, information architecture, data exchange protocols, software functions, infrastructure, and performance requirements for enabling the management of low-altitude uncontrolled drone operations. In February 2020, NAV Canada, Canada’s air navigation service provider, signed an agreement with Unifly to deploy a national UTM system to provide digital services to safely operate and manage drones in the Canadian airspace. In May 2020, Droniq, a joint venture between DFS and Deutsche Telekom launched a UAS traffic management system in Germany that displays both manned and unmanned traffic in the airspace. The system allows drones to be safely integrated into the civil airspace and carry out commercial flights over long distances. It also provides drone tracking, LTE control, real-time data transmission of videos, images, and sensor data, among others.

Where are the Market Opportunities?

Integration of Blockchain, AI, IoT, API, and other Smart Solutions
Blockchain is a method to record transactional information and works by utilizing a distributed ledger to store the data instead of keeping all the transactions in a central location. The use of private keys ensures that only authorized parties have access to confidential data shared between the UAV and the ground stations. When augmented with smart contracts, the technology can have a larger impact on the UTM. The technology can improve safety by conducting regular system checks and ensuring all maintenance needs are met. It provides real-time awareness of all unmanned flights to optimize the airspace and avoid accidents. Moreover, the technology warns the operator of a drone malfunctioning caused due to a battery failure or other technical issues that can interfere with the flight path of an airplane, or a helicopter resulting in public danger. It ensures the integrity of data exchanged between the drone and the ground control station and that the data has not been tampered with by the drone operator.

Competitive Landscape
Some of the companies profiled in the report include Airbus Group SE, AirMap Inc., Altitude Angel Limited, Analytical Graphics Inc. (AGI), Frequentis AG, Leonardo S.p.A., Lockheed Martin Corporation, PrecisionHawk Inc., Rockwell Collins (Collins Aerospace), senseFly Inc., Skyward IO Inc., Thales Group, Unifly NV, Viasat Inc., Wing Aviation LLC. These players have prioritized organic as well as inorganic growth strategies such as new product development, expansions & investments, mergers & acquisitions and agreements, contracts & joint ventures.
• In September 2021, Altitude Angel was selected by Blue Dart, an India based South Asia's premier express air and integrated transportation & distribution company to provide its UTM services to BVLOS operations supported by the Directorate General of Civil Aviation (DGCA).
• In August 2021, Verizon, Parrot, and Skyward announced an exclusive partnership to bring the first out-of-the-box 4G LTE connected drone solution to the U.S. Parrot ANAFI Ai is the first and only off-the-shelf drone to connect to Verizon’s 4G LTE network. Verizon 4G LTE connectivity is provided exclusively to Skyward subscribers at no additional cost.
• In September 2021, Thales outlined the latest features of ScaleFlyt remote identity device designed for U-space to support both US and European standards and can be used universally where these standards are applied. The Thales ScaleFlyt remote ID solution is a virtual license plate which enables a drone to be geolocated and identified, along with its remote pilot. The identification data is then transmitted through the cellular network, providing the airspace management authorities long-range airspace awareness that extends far beyond their visual line of sight.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to contactus@visiongain.com or call +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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