North America Unmanned Traffic Management Market Insights, Future Trends, On-going Demand, Opportunities, Segmentation (2022-2030)
The North America unmanned traffic management market is expected to grow from US$ 352.83 million in 2022 to US$ 1,251.70 million by 2030. It is estimated to grow at a CAGR of 17.1% from 2022 to 2030.
Market Introduction
Supply chain management (SCM) serves as a critical backbone for most enterprises, profoundly influencing their daily functionality. With the accelerating adoption of Industry 4.0 and the pervasive integration of Internet of Things (IoT)-enabled devices across all business domains, SCM is experiencing a significant surge in technological integration. While the embrace of technology presents certain considerations, the upsides—such as boosted efficiency, reduced operating expenses, and enhanced data security—typically eclipse any difficulties.
UAVs and UAS technologies are rapidly gaining traction in the transportation and logistics industry thanks to the extensive benefits they provide. Drones are now being deployed at numerous points throughout the supply chain, encompassing inventory management, tracing "lost" goods, facilitating transfers between warehouses, and executing last-mile delivery. More cutting-edge applications include truck-drone collaborations, known as multi-UAV parallel delivery, where drones deliver to multiple destinations directly from a moving delivery truck. The continuous evolution of cargo UAVs, capable of transporting substantial loads over hundreds of miles, further champions the adoption of drones in this industry.
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Market Overview
The US, Canada, and Mexico are the core contributors to the North America unmanned traffic management market. In 2021, the US commanded a considerable revenue share, with Canada being a strong contender. Projections indicate that Canada will achieve the highest CAGR in the North America unmanned traffic management market from 2022 to 2030. The escalating demand for drones across North America for diverse commercial applications—including communication, navigation, surveillance, and monitoring—is expected to invigorate the demand for unmanned traffic management systems.
Moreover, supportive government initiatives from the Federal Aviation Administration (FAA), a key transportation agency overseeing the civil aviation industry, are foreseen to reinforce the demand for unmanned traffic management systems throughout North America. The burgeoning demand for last-mile delivery solutions in the e-commerce sector, food delivery services, and medical emergency services is also propelling the demand for drone logistics, which in turn is intensifying the demand for unmanned traffic management solutions. Companies specializing in last-mile and small package delivery are aggressively deploying drones to optimize costs and elevate operational efficiency.
North America Unmanned Traffic Management Market
North America Unmanned Traffic Management Market By Type
Persistent UTM
Non-Persistent UTM
North America Unmanned Traffic Management Market By Component
Hardware
Software
North America Unmanned Traffic Management Market By Application
Communications
Navigation
Surveillance & Monitoring
North America Unmanned Traffic Management Market By End Use
Agriculture & Forestry
Logistics & Transportation
Surveillance
North America Unmanned Traffic Management Market Regions and Countries Covered
North America
US
Canada
Mexico
North America Unmanned Traffic Management Market leaders and key company profiles
Airbus SE
AirMap Inc
Altitude Angel Ltd
Collins Aerospace
Frequentis AG
Leonardo SpA
Lockheed Martin Corp
OneSky Systems Inc
Thales SA
Unifly NV
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