Unmanned traffic management is a solution designed to facilitate air traffic amongst manned aircraft and drones in order to avoid potential crashes and other dangers. The mounting requirement for drones in logistics & transportation and other commercial applications and necessity of UTM solutions to incorporate autonomous aerial vehicles into commercial airspace are the factors driving the growth of the global unmanned traffic management.
Different solutions such as communication infrastructure, surveillance infrastructure, navigation infrastructure, and others contributed to the unmanned traffic management market size. The market has witnessed a high demand for communication infrastructure segment due to the mounting implementation of Beyond Line of Sight Operations (BVLOS), which demand precise communication amongst UTM and drone operators.
The mounting requirement for drones in logistics & transportation and other commercial applications, and necessity of UTM solutions to incorporate autonomous aerial vehicles into commercial airspace are the primary growth drivers for unmanned traffic management market.
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Escalating demand for the internet of things (IoT), and ADS-B control & tracking of UAS are some of the technologies also facilitating the growth of the unmanned traffic management market.
Geographically, North America accounted the largest share and is observed to witness the fastest growth in the market, due to the presence of major players in the market. In addition, the surge in drone activity, and an upsurge in assets by government agencies on drones are also driving the growth of the North American unmanned traffic management market.
Key players in the unmanned traffic management market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In May 2018, Leonardo has preferred by ENAV, in Italy as an industrial partner for the development of an air traffic control system for unmanned aircraft.
In addition, in February 2018, Lockheed Martin launched VCSi, commercial software which allows operators to control unmanned vehicles and conduct information, and surveillance. Leonardo, Harris, Thales Group, Frequentis, Lockheed Martin, Altitude Angel, Airmap, Nova Systems, Unifly, and Precisionhawk are the key players offering unmanned traffic management.
Source: VynZ Research