DUBLIN--(BUSINESS WIRE)--The "Unmanned Traffic Management Market by End Use (Agriculture, Logistic, Surveillance), Solution (Communication, Navigation, Surveillance), Component (Hardware, Software, Service), Type (Persistent, Non-Persistent), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The unmanned traffic management market is estimated to be USD 538.2 million in 2018 and is projected to reach USD 1,960.6 million by 2025, at a CAGR of 20.28% from 2018 to 2025.
The unmanned traffic management market is anticipated to witness strong growth over the next few decades on account of the increasing need for safe and efficient unmanned aircraft operations. The increasing adoption of unmanned aircraft in commercial applications is further expected to boost the market growth from 2018 to 2025.
Based on component, the services segment is estimated to lead the unmanned traffic management market in 2018. The growth of this segment can be attributed to the increased use of UTM services in various application areas, such as weather, flight information, emergency response, network & connectivity, and communication.
Based on end-use, the surveillance & monitoring segment of the unmanned traffic management market is estimated to grow at the highest CAGR during the forecast period. This growth can be attributed to the rise in the deployment of UAVs for surveillance & monitoring.
- Altitude Angel
- Skyward IO
- Lockheed Martin
- Nova Systems
- Thales Group
- Rockwell Collins
- Analytical Graphics
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Unmanned Traffic Management Market, By End-Use
8 Unmanned Traffic Management Market, By Solution
9 Unmanned Traffic Management Market, By Type
10 Unmanned Traffic Management Market, By Component
11 Unmanned Traffic Management Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/5f74pz/global_unmanned?w=4