UAS Traffic Management System Market: A Study of the Key Players and Their Strategies
The global UAS Traffic Management (UTM) system market size is expected to reach USD 5,053.1 Million in 2030 and register a revenue CAGR of 20.3% over the forecast period, according to the latest report by Emergen. Rapid deployment of drones for commercial and civil applications, coupled with major investment by government as well as private companies to develop and deploy advanced and safe UAS traffic management systems is a key factor driving market revenue growth.
This report is the latest document encompassing the massive changes that took place in the UAS Traffic Management System market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the UAS Traffic Management System market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the UAS Traffic Management System industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.
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Competitive Outlook: The leading companies operating in the UAS Traffic Management System market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the UAS Traffic Management System Market and Profiled in the Report are:
Airbus SE, Lockheed Martin, Leonardo S.p.A., SZ DJI Technology Co., Ltd., Altitude Angel, Harris Corporation, Kitty Hawk Corporation, Precision Hawk, Frequentis Group, and Collins Aerospace
Objectives of the Report:
Study of the global UAS Traffic Management System market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the UAS Traffic Management System market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of UAS Traffic Management System market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global UAS Traffic Management System market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Solutions Outlook (Revenue, USD Million, 2019-2030) Communication Navigation Surveillance Others Component Outlook (Revenue, USD Million, 2019-2030) Hardware Software Services Security Services Fight Services Information Services Type Outlook (Revenue, USD Million, 2019-2030) Persistent Non-Persistent Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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