The Global Unmanned Traffic Management (UTM) Market size was valued at around USD 0.47 billion in 2024 and is expected to reach USD 1.28 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 18.17% during the forecast period, i.e., 2025-30, owing to the advancements in technology & widespread awareness of the benefits of using renewable energy sources, i.e.,              

Global Unmanned Traffic Management (UTM) Market Driver:

A Sharp Rise in Defense Budgets Driving Market Demand – Governments worldwide have been offering huge defense budgets to strengthen their defense sector in their countries. Amidst growing geopolitical tensions and warfare situations, countries such as the US, India, China, Japan, etc., have been successfully focused on surging their defense sector growth and power. Moreover, concerns related to national security have led the government bodies to implement several defense systems and led military operations to purchase new, advanced, and efficient war supplies. This has led to a drastic increase in defense spending, thereby surging the purchase of unmanned aerial vehicles. For instance,

·        In 2022, the Indian Army launched a series of fast-track drone procurement efforts with a spending of around USD36 million for each program.

This increasing procurement of UAVs has been surging the use of drones for defense missions, hence driving the demand for robust UTM systems to ensure the safe and efficient use of airspace, including areas of conflict or forbidden areas. Advanced UTM systems with communication, navigation, and surveillance capabilities empower military operators to monitor and control several UAVs at a time. This, therefore, helps them react appropriately to emerging threats or altering conditions, thereby driving their adoption in military operations, hence driving market growth & expansion.

Download a free sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/unmanned-traffic-management-utm-market.html

Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Browse Full Report including (TOC+ List of Table and Figures): https://www.marknteladvisors.com/research-library/unmanned-traffic-management-utm-market.html

Global Unmanned Traffic Management (UTM) Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Component
• Hardware- Market Size & Forecast 2020-2030, USD Million
• Radar System- Market Size & Forecast 2020-2030, USD Million
• Navigation System- Market Size & Forecast 2020-2030, USD Million
• Automation System- Market Size & Forecast 2020-2030, USD Million
• Software- Market Size & Forecast 2020-2030, USD Million
• Flight Planning- Market Size & Forecast 2020-2030, USD Million
• Fleet Operation- Market Size & Forecast 2020-2030, USD Million
• Data Capture- Market Size & Forecast 2020-2030, USD Million
• Others (Traffic Information, Emergency Management, etc.) - Market Size & Forecast 2020-2030, USD Million
• Services - Market Size & Forecast 2020-2030, USD Million
• Security Services- Market Size & Forecast 2020-2030, USD Million
• Flight Services- Market Size & Forecast 2020-2030, USD Million
• Information Services- Market Size & Forecast 2020-2030, USD Million
• By Solution
• Communication Infrastructure- Market Size & Forecast 2020-2030, USD Million
• Navigation Infrastructure- Market Size & Forecast 2020-2030, USD Million
• Surveillance Infrastructure- Market Size & Forecast 2020-2030, USD Million
• By Type
• Persistent UTM- Market Size & Forecast 2020-2030, USD Million
• Non-Persistent UTM- Market Size & Forecast 2020-2030, USD Million
• By Application
• Agriculture & Forestry- Market Size & Forecast 2020-2030, USD Million
• Logistics & Transportation- Market Size & Forecast 2020-2030, USD Million
• Surveillance & Monitoring- Market Size & Forecast 2020-2030, USD Million
• By End User
• Government- Market Size & Forecast 2020-2030, USD Million
• Commercial- Market Size & Forecast 2020-2030, USD Million
• By Region
• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Frequentis AG, Leonardo S.p.A., Raytheon Technologies Corporation, Honeywell, AirMap Inc., DJI Technology, Altitude Angel Limited, Thales Group, Airbus SE, Anra Technologies, OneSky Systems Inc., Indra Sistemas, Aloft Technologies, Alphabet, Unifly NV, and others

Have questions? Our consultant is ready to assist: https://www.marknteladvisors.com/query/request-customization/unmanned-traffic-management-utm-market.html

We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.

From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Us

MarkNtel Advisors

Email: sales@marknteladvisors.com

Website: www.marknteladvisors.com

Latest Press Release - https://www.marknteladvisors.com/press-release