7:16 AM Unmanned Traffic Management Market to experience an impressive growth of 21.2% during 2020-2025 |
| Unmanned Traffic Management Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more. Unmanned traffic management market is likely to witness an impressive CAGR of 21.2% during the forecast period. The unprecedented growth is owing to the growing employment of drones in logistics & transportation and other commercial applications. The escalating need for UTM solutions to assimilate self-governing aerial vehicles in commercial airspace is another factor significantly contributing to the growth of the global unmanned traffic management market. Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/617/unmanned-traffic-management-market.html Or Read the summary of the report here: https://www.stratviewresearch.com/617/unmanned-traffic-management-market.html Unmanned Traffic Management Market Segment Insights: By End-Use Type: The logistics & transportation segment dominated the market in 2018, and is likely to continue its leading position during the forecast period. The growth of this segment is owing to the growth in application of small Unmanned Aerial Systems (below 25 kg in weight) by e-commerce and retail companies. By Solution Type: The communication infrastructure segment is expected to remain dominant during the forecast period. The growth of this segment is driven by the growing acceptance of Beyond Line of Sight Operations (BVLOS), which demand precise communication between UTM and drone operators. By Type: The persistent UTM segment is estimated to register a higher growth in the coming five years. This growth can be attributed to the increase in logistics and transportation activities in the developed economies, such as the US, the UK, and Switzerland. By Component Type: The services segment commanded the market in 2018, and is likely to remain dominant during the forecast period as well. The prime focus of unmanned traffic management will be on service providers delivering flight and security and information to UTM as well as drone operators. By Region: North America dominated the unmanned traffic management market in 2018, and is estimated to maintain its dominance in the coming five years, driven by the growth in drone activities, rise in investments by various government agencies on drone BVLOS operations, and the regional presence of major global giants, such as AirMap, Lockheed Martin Corporation, and Harris Corporation. The North American region is expected to witness the highest growth during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/617/unmanned-traffic-management-market.html Features of the Report This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. Based on the research, a proper report is crafted with the following key features:
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