Unmanned Traffic Management Market Key Players Altitude Angel, Thales Group, AirMap, Inc, Airbus, and ANRA Technologies

In order to ensure the safe and effective operation of drones along with other aircraft in the airspace, unmanned traffic management (UTM) systems must be developed that can seamlessly interact with current air traffic control systems and other airspace systems. UTM systems can be integrated with current airspace systems using a variety of techniques, such as the creation of drone-specific airspace and the utilisation of shared airspace corridors. Therefore, the Unmanned Traffic Management Market is anticipated to reach USD 1,098 million by 2030, growing at a CAGR of 33.9% from USD 106 million in 2022.

The use of unmanned aerial vehicles (UAVs) is increasing across several commercial application domains, including real-time monitoring, providing wireless coverage, remote sensing, search and rescue, delivery of goods, security and surveillance, precision agriculture, and infrastructure inspection. With the increase in the number of drones, the interplay between manned and unmanned systems needs to be managed. Unmanned traffic management will play this crucial of managing airspace along with the interplay between manned and unmanned systems.

Also, depending on end user, the unmanned traffic management market has been categorised into government, commercial and law.  The increasing demand for drones in multiple potential applications in the retail sector has led to the growth of the unmanned traffic management market. For instance, in June 2022, Altitude Angel extended the Guardian UTM Enterprise platform to support London Biggin Hill Airport. London Biggin Hill is the only dedicated business-aviation airport, which sits inside the M25 and strives to be a leading center for aviation technology and enterprises within the capital. The airport is also home to more than 70 resident aviation businesses and offers award-winning VIP handling, a choice of FBOs, extensive hangarage, and support and maintenance services for all ranges of business jets.

The report also includes region-wise details of the market, so depending on the region, North America is expected to lead the unmanned traffic management market from 2022 to 2030. The US and Canada are the key countries considered for market analysis in the North American region. Government agencies such as the National Aeronautics and Space Administration (NASA), Federal Aviation Administration (FAA), and other federal partner agencies are collaboratively exploring concepts of operation, data exchange requirements, and supporting frameworks to facilitate multiple beyond visual line-of-sight UAS operations at low altitudes. In Canada, drones are used in diverse and risky environments to carry out atmospheric research, including weather & atmospheric gas sampling; emergency & disaster monitoring, cartography & mapping; agricultural spraying; and promotion & advertising.

Major companies profiled in the report include Altitude Angel (UK). Thales Group (France), AirMap, Inc. (US), Airbus (Netherlands), and ANRA Technologies (US), among others.

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