Unmanned Airspace‘s latest forecast for the global UTM market 2021-2025, published in July 2021, is for a market worth USD1.27 billion, of which USD433 million will come from award of strategic national UTM development programmes and USD844.4 million will be derived from tactical UTM operational charges. This is a considerable uplift on recent market forecasts.
“Our research has noted the negative impact that the COVID-19 pandemic had had on many market sectors and the slow uptake of UTM and U-space regulations, standards and procedures by States around the world, which has slowed the implementation of UTM/U-space programmes over the last eighteen months,” said Philip Butterworth-Hayes, one of the authors of the report.
States drew back from operational UTM deployment programmes after 2018 for several reasons beyond the pandemic, including uncertainty over regulatory developments and standards and a lack of maturity in key technologies to support more automated BVLOS flights. The COVID-19 pandemic has also slowed the capacity of regulators and air navigation service providers (ANSPs) to develop new programmes and investments in areas which rely on income from traditional commercial aviation sources
“However, during the first half of 2021 it became clear that with the Federal Aviation Administration and the European Commission finally implementing the next series of high level UTM/U-space regulations, there is new clarity around investment opportunities,” says Philip Butterworth-Hayes. “There are still areas of uncertainty in terms of technology maturity, standards and regulations required before fleets of autonomous drones flying beyond-visual-line of sight missions above people can be authorised – but at least we have a framework for investment. This has been boosted in Europe, the world’s largest market, with the understanding that European States can access EU funding mechanisms for UTM deployment. We can expect more consistent growth in national UTM deployment from 2021 onwards.”
Spending on UTM deployment reached a peak in 2018, according to the study, and is unlikely to reach a similar level again until 2022.
“Between 2016 and 2019 most of the revenue to UTM service companies came from flight planning and authorisation tools aimed primarily at the commercial market and access to government or local government funding for research. From 2017, however, this revenue began to be supplemented by income from ANSPs and governments developing strategic partnerships with UTM suppliers to set up national UTM systems. During 2020/2021 we have seen ports – Antwerp and Hamburg – ordering UTM systems and UTM components are now starting to appear in large operational fleet management software systems.”
The report includes a global country-by-country guide to UTM development plans and work so far, different approaches to financing UTM, views on how UTM services are currently being implemented worldwide and business opportunities for UTM service providers, air navigation service providers and mobile network operators. It provides unique insights and analysis into the urban air mobility sector, the growing port market and progress in essential technology sectors such as surveillance, tracking and identification and detect and avoid systems.
For more information, including access to page downloads please visit https://www.unmannedairspace.info/uav-traffic-management-services/