Advanced-Surface Movement Guidance & Control System Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Advanced-Surface Movement Guidance and Control System (A-SMGCS) comprises of anamalgamation of systems that provide services to vehicles and aircrafts in order to maintain airport material under all weather conditions, whilst maintaining the required level of safety. A-SMGCS supports surface movement operations at an airport based on defined operational proceedings.
The growth of the A-SMGCS market is driven by many factors, which include the development of airport structures across the globe to tackle the increased air traffic, rise in the number of flight delays and cancellations due to airport congestions, the impact of weather conditions on operations of airports.Howeverhigh installation costs of A-SMGCS is a major restraint in the growth of A-SMGCS market. Furthermore, the focus on the automation of various airport operations is expected to create worthwhile opportunities for A-SMGCS market in the forecast period.
The A-SMGCS market is segmented 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.
A-SMGCS market by geography 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.
Some of the major players operating in the A-SMGCS market include Saab Group, IndraSistemas, Thales Group, ATRiCS, and ADB Safegate, among others.
The key takeaways from the report
Scope of A-SMGCS Market