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

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May 19, 2023, 21:30 ET

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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