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.
The report sheds light on details about every market player in the global UAS Traffic Management System Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the UAS Traffic Management System market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed 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
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