Advanced Surface Movement Guidance Control Systems Market is Valued at USD 3.76 Billion in 2018 and Expected to Reach USD 5.51 Billion by 2025
Advanced Surface Movement Guidance Control Systems Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025 – Increasing requirement for enhance surveillance systems and effective alerting functions to operate airport traffic is driving the advanced surface movement guidance control systems market.
Advanced surface movement guidance control systems Market is valued at USD 3.76 Billion in 2018 and expected to reach USD 5.51 Billion by 2025 with the CAGR of 5.61% over the forecast period.
Advanced surface movement guidance & control system is a system at airports having a surveillance infrastructure consisting of a non-cooperative surveillance and cooperative surveillance. These systems are vital for routing, guidance and surveillance for the control of aircraft and ground vehicles to maintain the declared surface movement rate under any weather conditions within the aerodrome visibility operation level while keeping the required level of safety. The growing resurgence of haul flights, airports has driven the growth of advanced surface movement guidance control systems market in the last few years.
Advanced surface movement guidance & control system market is segmented into application, offering, level, sector and region. Based on application the market is segmented into surveillance, planning & routine, monitoring & alerting and guidance. On the basis of offering segment market is segmented into hardware, software and maintenance support service. The level segment is divided into Level 1, Level 2, Level 3 and Level 4. By sector market is classified into commercial and defense.
The regions covered in this advanced surface movement guidance control systems Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Advanced surface movement guidance control systems is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Advanced surface movement guidance control systems Market Reports–
Global advanced surface movement guidance control systems market report covers prominent players like Saab Group, Indra Sistemas, Thales Group, ATRiCS, ADB Safegate, Honeywell International, Leonardo, Altys Technologies, Era Corporation, Searidge Technologies and others.
Requirement of enhanced surveillance systems and effective alerting functions to operate airport traffic is key driver for the growth of advanced surface movement guidance control systems market.
The growth of advanced surface movement guidance control systems market is driven by the increasing requirement for enhance surveillance systems and effective alerting functions to operate airport traffic smoothly. A surface movement guidance control system provide routing, guidance, surveillance for the control of aircraft and vehicles in order to maintain the stated surface movement under all weather conditions within operational level while maintaining the required level of safety. Due to amassed airline traffics, airport expansions and increasing number of ground support equipment & vehicles it becomes necessary to have a sophisticated surveillance system at airbase. Significant increase in air travel, logistic services and military air service has maintained a positive growth of advanced surface movement guidance control systems market in recent years and is expected to grow over the forecast period.
Europe is Expected to Dominate the Advanced Surface Movement Guidance Control Systems Market in Forecast Period
Europe dominated the global advanced surface movement guidance control systems market accounting largest revenue share in 2018. The growth in the region was mainly attributed to the growing airport infrastructure up gradations and growing government investments in enhancing airport security. For example, the European Commission has adopted a regulation for implementing Pilot Common Project, which is the first set of Air Traffic Management (ATM) functionalities acknowledged for a wide-scale coordinated deployment at airports. Under this project, European airports are deploying advanced surface movement guidance control systems for airport security. The European air transport system has the vision of coping with threefold air traffic demand with five-fold safety, halved cost, a 99% punctuality and limited environment impact in 17 years which will propel the market to grow. North America was the second largest market followed by Asia Pacific. United States and Canada were the major revenue grossers in 2018. The growth in the region was mainly due to presence of advanced surface movement guidance control systems and adoption of air craft for travelling, recreation, transportation and military. Asia Pacific was the fastest growing region and is growing at a significant pace due to increasing use of airplane for travelling and commercial use. Rising disposable income, construction of new airports across rapidly growing cities and faster adoption of new technologies were some other key factors driving growth this region. Middle East and Africa will have considerable growth in advanced surface movement guidance control systems market in forecast period.
Key Benefits for Global Advanced surface movement guidance control systems Market Reports –
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
Advanced Surface Movement Guidance Control Systems Market Key Segment –
- Planning & Routing
- Monitoring & Alerting
- Maintenance Support Service
- Level 1
- Level 2
- Level 3
- Level 4
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- Middle East and Africa
- Rest of Middle East and Africa
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