PwC Drone Powered Solutions has released their ‘Strategic Insights for Thriving in the Unmanned Traffic Management (UTM) Ecosystem’ report, which focuses on the UTM ecosystem and its role in enabling the drone sector.
ARPAS-UK, the not-for-profit trade association for the UK drone industry, has provided the following summary of the report:
- Challenges and Opportunities: The report highlights challenges and opportunities within the industry. It provides insights for public authorities, service providers, and other stakeholders to collaborate effectively.
- Future Landscape: Over the next five years, the global UTM market is expected to double in size, with a compound annual growth rate of 14.4%. This growth will lead to an estimated 28 million drone operations.
- Urgent Need for Robust UTM Systems: To ensure safe, efficient, and sustainable integration of unmanned aircraft into global airspace and air traffic, robust UTM systems are essential.
- Drone Delivery as a Driver: Drone delivery is anticipated to drive UTM market scalability.
- Challenges: Advanced drone operations face additional obstacles that require innovative solutions in air traffic and airspace management.
ARPAS-UK summarised that “the report emphasizes the pivotal role of UTM in shaping a future where drones significantly contribute to various industries, enhance service delivery, and foster innovation and growth.”
