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 an indispensable element for nearly all businesses, directly or indirectly affecting their functionality. As Industry 4.0 continues its rapid expansion and Internet of Things (IoT)-enabled devices become more widespread, SCM is undergoing considerable technological integration. While adopting new technologies often introduces complexities, the advantages—such as superior efficiency, lower operational expenditures, and robust data security—typically outweigh any drawbacks.
In the transportation and logistics industry, UAVs and UAS technologies are quickly becoming essential due to their significant benefits. Drones are now being utilized at various stages of the supply chain, ranging from inventory management and tracking lost items to inter-warehouse transfers and executing last-mile deliveries. Newer applications include truck-drone collaborations, referred to as multi-UAV parallel delivery, where drones perform deliveries to multiple destinations directly from a moving truck. The advancement of cargo UAVs, capable of transporting heavy loads across vast distances, is further accelerating drone adoption in this industry.
Download our Sample PDF Report
@ https://www.businessmarketinsights.com/sample/BMIRE00027962
Market Overview
The US, Canada, and Mexico are key contributors to the North America unmanned traffic management market. In 2021, the US led the market with a substantial revenue share, followed by Canada. Moreover, Canada is expected to record the highest CAGR in the North America unmanned traffic management market from 2022 to 2030. The growing demand for drones in North America for various commercial applications, including communication, navigation, surveillance, and monitoring, is projected to drive the demand for unmanned traffic management systems.
Additionally, supportive government initiatives from the Federal Aviation Administration (FAA), a major transportation agency regulating the civil aviation industry, are foreseen 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, consequently boosting the demand for unmanned traffic management solutions. Companies involved in last-mile and small package delivery are significantly deploying drones to reduce costs and improve 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
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications