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Global Unmanned Traffic Management Market Future Outlook And Segmentation Analysis Report 2023

Global Unmanned Traffic Management Market Future Outlook And Segmentation Analysis Report 2023

The Business Research Company’s Unmanned Traffic Management Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Unmanned Traffic Management Global Market Report 2023 evaluates unmanned traffic management market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global unmanned traffic management market is poised for remarkable expansion, with a projected growth trajectory from $1.08 billion in 2022 to an impressive $1.32 billion in 2023, reflecting a substantial compound annual growth rate (CAGR) of 21.6%. Nevertheless, it is imperative to acknowledge that the Russia-Ukraine conflict has cast a long shadow over the world's path to recovery from the ravages of the COVID-19 pandemic. The far-reaching implications of this geopolitical turmoil have resulted in stringent economic sanctions imposed on several nations, a dramatic surge in commodity prices, and significant supply chain disruptions, ultimately culminating in inflationary pressures across the spectrum of goods and services. Furthermore, the tumultuous events have triggered elevated interest rates, exerting profound repercussions on various global markets. Against this backdrop, the unmanned traffic management sector is anticipated to burgeon, surging to a remarkable $2.85 billion by 2027, underpinned by a robust CAGR of 21.3%.

Notably, the proliferation of drone activities is poised to serve as a catalyst for the expansion of the unmanned traffic management market. Drones, whether remotely piloted or fully autonomous, have emerged as pivotal agents of change in the aviation landscape, capable of flying without a human presence on board. This upsurge in drone usage is significantly augmenting air traffic volumes, necessitating the seamless orchestration provided by unmanned traffic management systems. To illustrate this, in March 2023, Flytrex, an innovative Israeli drone delivery startup, reported an astonishing accomplishment, completing over 21,350 drone deliveries – a seven-fold increase from 2021. The consequence of this rapid expansion was an extraordinary 765% growth in their user base over the course of 2021 to 2022. Thus, it is irrefutable that the burgeoning drone industry is indisputably propelling the evolution of the unmanned traffic management market into a force to be reckoned with.

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The unmanned traffic management market segments in the report are:

1) By Type: Persistent, Non-Persistent

2) By Component: Hardware, Software, Services

3) By Application: Aviation, Homeland Security, Agriculture, Logistics And Transportation, Other Applications

The table of contents in TBRC’s unmanned traffic management market report includes:

1. Executive Summary

2. Unmanned Traffic Management Market Characteristics

3. Unmanned Traffic Management Market Trends And Strategies

4. Unmanned Traffic Management Market - Macro Economic Scenario

5. Global Unmanned Traffic Management Market Drivers and Restraints


32. Global Unmanned Traffic Management Market Competitive Benchmarking

33. Global Unmanned Traffic Management Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Unmanned Traffic Management Market

35. Unmanned Traffic Management Market Future Outlook and Potential Analysis

36. Appendix

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