Global Advanced Surface Movement Guidance and Control System Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Advanced Surface Movement Guidance and Control System Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global advanced surface movement guidance and control system market report has been segmented on the basis of component, application, sector, and region.
Global Advanced Surface Movement Guidance and Control System Market: Overview
Advanced surface movement guidance and control system, also known as A-SMGCS, provides surveillance, guidance, and routing to maintain surface movement of vehicle and aircrafts, under all weather conditions. This system provides complementary procedures at the lower level of implementation. Higher level of implementation includes planning and guidance information, conflicts detection and resolution, delivering safety nets to the controller and piolets and detect an intruder. It also provides light of site connection between controller and mobile. It also helps to prevent aircraft collision in case of lack of clear view.
Global Advanced Surface Movement Guidance and Control System Market: Dynamics
Increasing number of aircrafts, and rapidly growing commercial aviation sector are major factors driving growth of the global advanced surface movement guidance and control system market. increasing requirement of air traffic management and collision avoidance systems, wing growth growing air traffic is another factor fueling growth of the global market. Increasing cases of cancellations or delay of flights, due to unfavorable weather conditions is a factor anticipated to support growth of the target market. Furthermore, growing safety concerns at airports and growing adoption of automation to improve functionality in aviation industry are factors expected to support growth of the global advanced surface movement guidance and control system market in the near future.
However, high cost of advanced surface movement guidance and control systems is a factor that may hamper growth of the global market. In addition, cases of failures of SMGCS in traffic management is another factor that could affect growth of the advanced surface movement guidance and control system market. Nevertheless, growing aviation infrastructure globally can create high revenue opportunities for players operating in the target market.
Global Advanced Surface Movement Guidance and Control System Market: Segment Analysis
Among the component segments, the software segment is expected to account for lucrative growth in terms of revenue in the near future. Increasing installation of advanced surface movement guidance and control system software in airports for surveillance is a key factor driving growth of this segment in the global market.
Among the sector segments, the commercial segment is expected to dominate the global market in terms of revenue over the forecast period. Increasing number of commercial aircrafts, coupled with growing aircraft infrastructure especially in emerging economies are factors supporting growth of this segment in the target market.
Global Advanced Surface Movement Guidance and Control System Market: Regional Analysis
Market in Europe is anticipated to account for major share in terms of revenue over the forecast period. Presence of prominent players in countries in this region is a key factor driving growth of the Europe market. Market in Asia Pacific is expected to account for lucrative growth in terms of revenue in the near future.
Global Advanced Surface Movement Guidance and Control System Market Segmentation:
Segmentation by component:
- Vehicle Tracking Systems
- Airfield Ground Lighting
- ADS-B Ground Station
- Visual Docking Guidance System
Segmentation by application:
- Monitoring & Alerting
- Planning & Routing
Segmentation by sector:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Northrop Grumman Corporation
- Textron Inc.
- Elbit Systems Ltd.
- L-3 Communications Corporation
- Thales S.A.
- Lockheed Martin Corporation
- Raytheon Company
- Leonardo S.p.a.
- Applied Research Associates, Inc. (ARA)
- Harris Corporation
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