Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market by Application (Surveillance, Planning, Monitoring, Guidance), Offering (Hardware, Software, Maintenance), Level (Level 1, 2, 3, 4), Investment, Sector and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
The global Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market size is projected to reach a CAGR of 40.39% from 2021-2028. The market reached USD 568.5 million in 2022 and touched USD 5,535 million by 2028. The base year taken for the study 2021 and the forecast period is from 2021-2028.
A-SMGCS is a modular system consisting of different functionalities to support the safe, orderly and expeditious movement of aircraft and vehicles on aerodromes under all circumstances with respect to traffic density and complexity of aerodrome layout, taking into account the demanded capacity under various visibility conditions, independent of line-of-sight connection between the controller and aircraft/vehicles. A-SMGCS is more than just a set of systems, it also includes complementary procedures and at the lower levels of implementation aims to deliver improved situational awareness to controllers. Higher levels of implementation deliver safety nets, conflict detection and resolution, planning and guidance information for pilots and controllers, and detecting and indicating the position of potential intruders. A-SMGCS is a key enabler for the Integrated Tower Working Position (ITWP) which combines surveillance, controller tools and safety nets for aerodrome controllers.
Factors such as increasing preference of airways among travelers, increase in the number of cancellations & flight delays due to congestion at airports, and increasing government initiatives to automate airports supplements growth of the global Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market. The factor that can hamper the growth of market is high installation cost of A-SMGCS. Moreover, the focus on automation of various airport operations is anticipated to create worthwhile opportunities for A-SMGCS market over the forecast period.
The COVID-19 pandemic is impacting society and the overall economy globally. The overall impact of the pandemic is impacting the production process of several industries, including semiconductor & electronics and many more. Trade barriers are further constraining the demand and supply outlook. As the governments of different areas have already announced total lockdown and temporarily shutdown of industries, the overall production process is adversely affected. Therefore, the overall advanced surface movement guidance and control system (A-SMGCS) market is hampered globally.
Geographically, the Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market is classified into four major regions i.e., North-America, Europe, Asia-Pacific and other countries. The A-SMGCS market in Europe is projected to grow at the highest CAGR during the forecast period. This high growth is attributed to the focused efforts of the European Commission to ensure the proper implementation of the Pilot Common Project, which is the first set of Air Traffic Management (ATM) functionalities that have been identified for a wide-scale coordinated deployment of A-SMGCS at airports. Along with increased investments in greenfield airports, existing airports in the European region are also undergoing brownfield expansions.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 40.39% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
application, offering, level, investment, sector and region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Honeywell Internationa, Saab Group, Indra Sistemas, Thales Group, Frequentis, ATRiCS Advanced Traffic Solutions, Searidge Technologies, Era Corporation, Leonardo, and ADB Safegate. |
Available Customization |
In addition to the market data for Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market is segmented into various segments such as application, offering, level, investment, sector and region.