North America Unmanned Traffic Management Market Significant Players, Trends in Future, Revenue, Application, Types, Scope Forecast (2022-2030)
The North America unmanned traffic management market is expected to grow from US$ 352.83 million in 2022 to US$ 1,251.70 million by 2030. It is estimated to grow at a CAGR of 17.1% from 2022 to 2030.
Market Introduction
Supply chain management (SCM) is fundamental to the successful operation of most businesses, having a direct or indirect influence on enterprise functioning. As Industry 4.0 continues its widespread adoption and Internet of Things (IoT)-enabled devices are more widely integrated into all business functions, SCM is undergoing a major technological transformation. While the integration of technology comes with certain considerations, the advantages—such as greater efficiency, lower operational costs, and robust data security—generally outweigh any challenges.
In the transportation and logistics industry, UAVs and UAS technologies are quickly becoming indispensable due to the remarkable benefits they offer. Drones are being utilized at various junctures across a supply chain, including inventory management, tracing "lost" goods, facilitating transfers between warehouses, and performing last-mile delivery. Advanced applications are emerging, such as truck-drone collaborations, also known as multi-UAV parallel delivery, where drones dispatch deliveries to multiple destinations directly from the delivery truck. The ongoing development of cargo UAVs, capable of carrying substantial weights over vast distances, further accelerates drone adoption within this industry.
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Market Overview
The US, Canada, and Mexico are the primary drivers of the North America unmanned traffic management market. In 2021, the US held the leading revenue share, with Canada as a significant contributor. Looking ahead, Canada is projected to achieve the highest CAGR in the North America unmanned traffic management market from 2022 to 2030. The increasing demand for drones across North America for various commercial applications, such as communication, navigation, surveillance, and monitoring, is expected to fuel the demand for unmanned traffic management systems.
Furthermore, supportive government initiatives from the Federal Aviation Administration (FAA), a pivotal transportation agency regulating civil aviation, are anticipated to bolster the demand for unmanned traffic management systems throughout North America. The escalating demand for last-mile delivery solutions in e-commerce, food delivery services, and medical emergency services is also boosting the demand for drone logistics, which in turn is augmenting the demand for unmanned traffic management solutions. Companies focused on last-mile and small package delivery are extensively deploying drones to cut expenses and enhance operational efficiency.
North America Unmanned Traffic Management Market
North America Unmanned Traffic Management Market By Type
Persistent UTM
Non-Persistent UTM
North America Unmanned Traffic Management Market By Component
Hardware
Software
North America Unmanned Traffic Management Market By Application
Communications
Navigation
Surveillance & Monitoring
North America Unmanned Traffic Management Market By End Use
Agriculture & Forestry
Logistics & Transportation
Surveillance
North America Unmanned Traffic Management Market Regions and Countries Covered
North America
US
Canada
Mexico
North America Unmanned Traffic Management Market leaders and key company profiles
Airbus SE
AirMap Inc
Altitude Angel Ltd
Collins Aerospace
Frequentis AG
Leonardo SpA
Lockheed Martin Corp
OneSky Systems Inc
Thales SA
Unifly NV
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