Global Advanced-Surface Movement Guidance & Control System Market is Estimated to Reach $6 Billion by 2025, Says Accurize Market Research

   

Global Advanced-Surface Movement Guidance & Control System Market is Estimated to Reach $6 Billion by 2025, Says Accurize Market Research

Global Advanced-Surface Movement Guidance & Control System Market report published by Accurize Market Research forecast that the global market is expected to reach $6 billion by 2025; growing at a CAGR of 5.8% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Improvement of airport structures and upsurge in the number of flight delays and cancellations would fuel the market

The improvement of airport structures across the globe to tackle the increased air traffic, upsurge in the number of flight delays and cancellations due to airport congestions fuel the demand for the global advanced-surface movement guidance & control system market. Furthermore, focus on the automation of various airport operationsalso boosts the growth of the market.

Market Segmentation

The global advanced-surface movement guidance & control system market has been bifurcated on the basis of application, offering, level, investment, sector and geography. Based on application, A-SMGCS market is segmented into surveillance, planning & rooting, monitoring & alerting and guidance. The offering segment is bifurcated into three parts namely, hardware, software and maintenance support service. Based on level, A-SMGCS market is bifurcated into level 1, level 2, level 3 and level 4. Based on investment, A-SMGCS market is segmented into Greenfield and Brownfield. Based on the sector, A-SMGCS market is divided between commercial and defense sector.

By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France and others. Asia-Pacific covers India, China, Japan, and rest of Asia-Pacific. RoW covers South America, Middle East and Africa.

Top players in the market

The key market players include Saab Group, Terma, Altys Technologies, ATRiCS Advanced Traffic Solutions, ADB Safegate, IndraSistemas, Frequentis, Thales Group, Leonardo, Era Corporation, Searidge Technologies and Honeywell International among others.

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