North America Unmanned Traffic Management Market Competitive Landscape, Size, Segments, Emerging Technologies, and Growth by 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 absolutely vital for most businesses, directly and indirectly impacting their daily functioning. As Industry 4.0 gains widespread acceptance and Internet of Things (IoT)-enabled devices become increasingly integrated into all business spheres, SCM is also seeing a significant increase in technology adoption. While there might be some complexities that come with this, the benefits—like better efficiency, lower operational costs, and data safety—usually outweigh the challenges.
UAVs and UAS technologies are quickly rising in prominence within the transportation and logistics industry because of the significant advantages they offer. Drones are being used at various stages across a supply chain, from inventory management and locating "lost" items to transferring goods between warehouses and handling last-mile delivery. Newer applications include truck-drone collaborations, often called multi-UAV parallel delivery, where drones deliver to multiple destinations directly from a delivery truck. The ongoing development of cargo UAVs, which can carry large weights over hundreds of miles, is further boosting the adoption of drones in this sector.
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Market Overview
The US, Canada, and Mexico are the main contributors to the North America unmanned traffic management market. In 2021, the US led the market with a substantial share of revenue, with Canada coming in second. Looking ahead, Canada is expected to show the highest CAGR in the North America unmanned traffic management market from 2022 to 2030. The growing need for drones in North America for various commercial uses, such as communication, navigation, surveillance, and monitoring, is expected to drive the demand for unmanned traffic management systems.
Additionally, supportive government initiatives from the Federal Aviation Administration (FAA), which is one of the largest transportation agencies regulating civil aviation, are anticipated to strengthen the demand for unmanned traffic management systems across North America. The increasing demand for last-mile delivery solutions in the e-commerce sector, food delivery services, and medical emergency services is also fueling the demand for drone logistics, which in turn is increasing the demand for unmanned traffic management solutions. Companies involved in last-mile and small package delivery are heavily investing in drones to cut costs and improve how efficiently they operate.
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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