Advanced-Surface Movement Guidance and Control Systems Global Market to Reach $5.8 Billion by 2030: Surface Surveillance & Situational Awareness Made Easier with ASSC

DUBLIN, May 19, 2023 /PRNewswire/ — The “Advanced-Surface Movement Guidance and Control System (A-SMGCS) – Global Strategic Business Report” report has been added to ¬†ResearchAndMarkets.com’s offering.


The global market for Advanced-Surface Movement Guidance and Control System (A-SMGCS) estimated at US$4.9 Billion in the year 2022, is projected to reach a revised size of US$5.8 Billion by 2030, growing at a CAGR of 2.3% over the analysis period 2022-2030.

Software, one of the segments analyzed in the report, is projected to record a 2.5% CAGR and reach US$3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 2.2% CAGR for the next 8-year period.



The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 2.2% CAGR



The Advanced-Surface Movement Guidance and Control System (A-SMGCS) market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 2.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 1.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.



Select Competitors (Total 52 Featured) –

  • ADB Safegate BVBA
  • Altys Technologies
  • ATRiCS Advanced Traffic Solutions GmbH
  • ERA a.s.
  • Frequentis AG
  • Honeywell International, Inc.
  • Indra Sistemas SA
  • Leonardo S.p.A
  • SAAB AB
  • Searidge Technologies Inc.
  • Terma A/S
  • Thales Group

Key Attributes:

Report Attribute

Details

No. of Pages

199

Forecast Period

2022 – 2030

Estimated Market Value (USD) in 2022

$4.9 Billion

Forecasted Market Value (USD) by 2030

$5.8 Billion

Compound Annual Growth Rate

2.1 %

Regions Covered

Global

Key Topics Covered:



I. METHODOLOGY



II. EXECUTIVE SUMMARY



1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Advanced-Surface Movement Guidance & Control System (A-SMGCS): A Prelude
  • Uptrend in Airport Infrastructure Investments Points Towards High-Potential Opportunities for A-SMGCS
  • China Drives Momentum in Worldwide Airport Infrastructure Spending
  • Growing Passenger & Cargo Traffic Necessitate Higher Budgetary Allocation for Airport Infrastructure
  • Evolving Digitization Priorities Amid Growing Focus on Transforming Airport Airside Operations Fuel Market Expansion
  • Advanced-Surface Movement Guidance & Control System (A-SMGCS) – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS



3. MARKET TRENDS & DRIVERS

  • Persistent Challenges in Airport & Airfield Surveillance Amplify the Role of Advanced Surveillance Systems
  • Airport Operators Lean Towards Airfield Radar System (ARS) to Automate Airfield Surveillance
  • Newfound Interest in Airfield Runway Lighting Underpins A-SMGCS Deployment Rates
  • ‘Follow The Greens’ Intelligent Guidance Method to Steer Future Market Expansion
  • Robust Benefits Offered Accelerate Deployments of Airport Collaborative Decision Making (A-CDM)
  • Safety Nets Gain Traction as Additional System Safety Defences
  • Emphasis on Runway Incursion Prevention Creates Ample Opportunities
  • AMASS for Quicker Response to Potential Runway Threats
  • ASDE-X: The Top-of-Class Runway Safety Tool
  • Surface Surveillance & Situational Awareness Made Easier with ASSC
  • Technology Improvements & Product Upgrades Build Momentum
  • Visual Docking Guidance System from ADB Safegate for High Traffic Handling Capacity
  • Terma’s Enhanced Surface Movement Radar (eSMR) for Airports
  • Ground-Based Augmentation System Solution from NATS and Indra
  • Navtech Radar’s AdvanceGuard Combines Perimeter Security Surveillance and Surface Movement
  • PRODUCT OVERVIEW
  • A-SMGCS: Introduction

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS



IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/xwou0p

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SOURCE Research and Markets

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