Market Size – USD 969.7 Million in 2021, Market Growth – at a CAGR of 20.3%, Market Trends – Rapid adoption of drones in commercial airspace
The global UAS Traffic Management (UTM) system market size is expected to reach USD 5,053.1 Million in 2030 and register a revenue CAGR of 20.3% over the forecast period, according to the latest report by Emergen. Rapid deployment of drones for commercial and civil applications, coupled with major investment by government as well as private companies to develop and deploy advanced and safe UAS traffic management systems is a key factor driving market revenue growth.
The latest report, titled ‘Global UAS Traffic Management System Market,’ comprises a profound analysis of the fundamental parameters contributing to the global UAS Traffic Management System market scenario. The research report provides the reader with an in-depth interpretation of the UAS Traffic Management System market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall UAS Traffic Management System industry. The market intelligence report is a prototype of the 360° overview of the global UAS Traffic Management System industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
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Key companies operating in the UAS Traffic Management System market include:
Airbus SE, Lockheed Martin, Leonardo S.p.A., SZ DJI Technology Co., Ltd., Altitude Angel, Harris Corporation, Kitty Hawk Corporation, Precision Hawk, Frequentis Group, and Collins Aerospace
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global UAS Traffic Management System market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
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UAS Traffic Management System Market Segmentation:
UAS Traffic Management System Market Segmentation by Regions:
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