Dublin, April 25, 2023 (GLOBE NEWSWIRE) -- The "Global Unmanned Traffic Management Market (2023 - 2028) Component, Solution, Type, End-User, and Geography, Competitive Analysis, Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Unmanned Traffic Management Market is estimated to be USD 989.35 Mn in 2023 and is expected to reach USD 1997.74 Mn by 2028, growing at a CAGR of 15.09%.
Market Dynamics
Drivers
- Growth in the Volume of Commercial Air Traffic
- Demand for Drone Detection Amidst Growing Commercial Drones
- Need For Ensuring Security and Collision Prevention
- Growing Adoption of the IoT Applications and Augmented Reality (AR) Systems
Restraints
- Operational Issues
- Cybersecurity and Data Privacy Issues
- Stringent Government Regulations
Opportunities
- Need for Operating Beyond Line of Visual Sight (BVLOS)
- Technological Developments in UTM
- Replacing ATM for Manned and Unmanned Aviation
Challenges
- Complexities In Development and Implementation
Market Segmentations
The Global Unmanned Traffic Management Market is segmented based Component, Solution, Type, End-User, and Geography.
- By Component, the market is classified into Hardware, Software, and Services.
- By Solution, the market is classified into Communication Infrastructure, Navigation Infrastructure, and Surveillance Infrastructure.
- By Type, the market is classified into Persistent and Non-Persistent.
- By End-User, the market is classified into Agriculture & Forestry, Logistics & Transportation, and Surveillance & Monitoring.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Unmanned Traffic Management Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Unmanned Traffic Management Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Unmanned Traffic Management Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 145 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $989.35 Million |
| Forecasted Market Value (USD) by 2028 | $1997.74 Million |
| Compound Annual Growth Rate | 15.0% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Unmanned Traffic Management Market, By Component
7 Global Unmanned Traffic Management Market, By Solution
8 Global Unmanned Traffic Management Market, By Type
9 Global Unmanned Traffic Management Market, By End- User
10 Americas' Unmanned Traffic Management Market
11 Europe's Unmanned Traffic Management Market
12 Middle East and Africa's Unmanned Traffic Management Market
13 APAC's Unmanned Traffic Management Market
14 Competitive Landscape
15 Company Profiles
16 Appendix
Companies Mentioned
- AirMap
- AiRXOS
- Altitude Angel
- Analytical Graphics (Ansys)
- Delair
- DJI
- Frequentis
- L3 Harris Corp.
- Leonardo S.p.A
- Lockheed Martin Corp.
- Nokia
- Nova Systems
- PrecisionHawk
- Raytheon Technologies Corp.
- Rockwell Collins
- Sensefly SA (Parrot SA)
- Skyward IO (Verizon)
- Thales Group
- Unifly
- Viasat
For more information about this report visit https://www.researchandmarkets.com/r/cqrcx1
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