UTM System Market to See Stunning Growth Worldwide

Posted by BIS RSRCH on November 12th, 2020

In the current era, drones largely encompass a broad scope of application areas, ranging from agriculture, public safety, delivery of goods, photography, and surveillance. As the need for unmanned drones continues to further rise, there is an urgent requirement of establishing a system for safely managing unmanned aerial vehicles (UAVs) in the airspace. Currently, NASA is actively partnering with FAA and other unmanned aircraft systems (UAS) industry stakeholders to develop a research platform what is commonly known as unmanned traffic management system for safe integration of small UAS (sUAS) into low-altitude airspace.

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Since 2014, NASA, along with UAS community partners, industry leaders, various governments, and academia are actively developing and testing the unmanned traffic management research platform. Many successful tests and demonstrations for communication prototypes, beyond visual line of sight (BVLOS) operations, mission planning, and longer range application only goes on to prove that in the near future, a commercialized market for unmanned traffic management is gradually emerging. This growing need for the UTM services has also resulted in development of regulatory framework for the deployment drones around the world. This regulatory framework is expected to include operational limits, key responsibilities of the stakeholders, aircraft requirements, etc. Government and regulatory authorities have made some exemptions in 2018 with regard to the operation of commercial UAVs that has been a driving factor in the UAV market growth. The U.S.-based Federal Aviation Administration (FAA) and Germany-based European Aviation Safety Agency (EASA) are two prominent regulatory authorities that are actively working towards creating more opportunities for the commercial drone business.

This market research study offers a wide perspective of the unmanned traffic management system, its major types, key important elements in the ecosystem including communication infrastructure, UAS service suppliers, UAS operators, key technologies for the unmanned traffic management system, global market for unmanned traffic management system, regulatory framework for unmanned traffic management, business opportunities for key stakeholders and UAM concepts. The study provides a detailed analysis of the market dynamics, applications and region-wise scenario of unmanned traffic management. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research, along with the analytical tools that have been used to build the forecast and the predictive models.

Flight technology has changed the contours around the domain of aviation. Aviation is one of the most key innovations of mankind that has brought forth various kinds of modern technologies- from propulsion systems to artificial intelligence and modern communications- which have opened numerous windows of opportunities.

The first unmanned aerial vehicle (UAV) was developed in the third decade of 20th century which was primarily used for military application. Ever since then, UAVs have evolved to a large extent in the technological sphere. In the past decade, UAVs have undergone significant developments such as considerable reduction in weight, size, and cost, enhanced battery life, and increased degree of autonomy in its operation. These developments have led to a wide scale of adoption for diverse range of applications across commercial and non-commercial end users.

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Unmanned aerial vehicle (UAV) can be defined as an aircraft system that can be controlled using a remote or an on-board computer system. UAVs are a part of unmanned aerial system (UAS) that include a UAV, a controller on ground and a communication system between UAV and controller. The companies working in UAV industry are working towards the development of fully autonomous UAVs which will eliminate the need of a ground-based controller in future. This will enable the UAVs to perform the tasks assigned to them without the need of any human intervention. This will reduce the operating cost of UAVs and will make them one of the most cost-effective solutions across varied range of commercial applications.

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BIS RSRCH

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BIS RSRCH
Joined: March 5th, 2020
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