UTM System Market Size & Trends Shows a Rapid Growth by 2031
For operating drones in the BVLOS range, there are various restrictions imposed by the aviation department in various countries. Each country has its own set of rules for drone operations. For instance, the FAA is the regulatory body for American Civil Aviation. The authority creates regulations for the use of drones in commercial applications. For operating UAVs in BVLOS for commercial applications, the operator has to take a clearance certificate, and after obtaining the certificate, there are also certain restrictions related to the flying range and height of UAVs.
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There are some specific applications such as search and rescue, package delivery, inspection, and border patrol, which can be performed through BVLOS operations. In military and government applications, the drones already fly in the BVLOS range, while in commercial applications, the BVLOS operations are yet to commence by 2021. In most countries, BVLOS flights, as of now, are not permitted, or they are highly regulated. According to FAA, in 2019, numerous applications emerged regarding BVLOS operations in FAA.
The increase in the need for BVLOS operations makes it necessary for the industry to introduce and deploy unmanned or UAS traffic management (UTM) systems. Since 2016, NASA is leading most of the research and development initiatives in the UTM arena and has been involved in testing its UTM platform with various industry partners under its testing capability level (TCL) program. A similar degree of research is taking place in Europe to develop and design a UTM system. The drone market in Europe envisions drone services for 3D mapping, infrastructure, geo-fencing, and goods delivery in the coming future. Since 2016, U-space in Europe has been gradually developing a new set of services to support safe and efficient applications of drones in the airspace. There is a fixed timeframe according to which these services are expected to be launched in Europe. In addition to this, other countries such as China, Singapore, Japan, and Australia are also making considerable efforts to develop their respective UTM systems.
The UTM system is an upcoming phenomenon that is envisioned to skillfully manage drone traffic in the lower level of the airspace. The system is primarily being developed for small-sized drones (i.e., drones with weight up to 55lb) that will fly 400 ft. above the ground level. The UTM system is envisaged to have several subsystems that will work together to provide an end-to-end service. The UTM system will be connected to different data providers to accumulate real-time information on weather, airspace traffic, drone registration, and credentials of drone operators, among others.
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The competitive landscape of the UAS traffic management system market includes different strategies undertaken by the key stakeholders to gain market presence. As the system is currently under development and testing phase, all stakeholder companies are working together to assist government and regulatory authorities in drafting rules and regulations. Some of the strategies adopted by companies are new product launches and developments, partnerships, collaborations, and acquisitions.