The advanced-surface movement guidance and control system (A-SMGCS) market has the potential to grow by USD 709.23 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.90%.
This advanced-surface movement guidance and control system (A-SMGCS) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (surveillance, safety and support, guidance, and routing) and geography (North America, Europe, APAC, South America, and MEA). The advanced-surface movement guidance and control system (A-SMGCS) market report also offers information on several market vendors, including ADB SAFEGATE, ALTYS Technologies SAS, atg airports Ltd., Frequentis AG, Honeywell International Inc., Indra Sistemas SA, Leonardo Spa, Saab AB, Terma Group, and Thales Group among others.
What will the Advanced-Surface Movement Guidance and Control System (A-SMGCS) Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Advanced-Surface Movement Guidance and Control System (A-SMGCS) Market
Advanced-Surface Movement Guidance and Control System (A-SMGCS) Market: Key Drivers and Trends
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The development of new airports due to growing air traffic is notably driving the advanced-surface movement guidance and control system (A-SMGCS) market growth, although factors such as high installation, maintenance, and replacement costs may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the advanced-surface movement guidance and control system (A-SMGCS) industry get your FREE report sample now.
Analyzing factors that will have a significant impact on the growth of the market, our analysts have identified the development of new airports due to growing traffic as one of the major factors driving advanced-surface movement guidance and control system (A-SMGCS) market growth. Governments are focusing on increasing connectivity by investing and planning new airports for cities. The growing number of air passengers is further resulting in the development of new airports. Beijing Daxing International Airport and New Addis Ababa International Airport are some of the airports that are under construction
The growing urbanization and the increasing population in major cities across the world are proliferating travel. This is leading airline companies to operate more flights to accommodate the growing demand. However, this increase in air travel is resulting in congested airports, which, in turn, mandates the development of new airports. This is creating a significant need for A-SMGCSs.
This advanced-surface movement guidance and control system (A-SMGCS) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Advanced-Surface Movement Guidance And Control System (A-SMGCS) Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- ADB SAFEGATE
- ALTYS Technologies SAS
- atg airports Ltd.
- Frequentis AG
- Honeywell International Inc.
- Indra Sistemas SA
- Leonardo Spa
- Saab AB
- Terma Group
- Thales Group
The advanced-surface movement guidance and control system (A-SMGCS) market is fragmented and the vendors are deploying growth strategies such as offering high-quality and compliant products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the advanced-surface movement guidance and control system (A-SMGCS) market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Advanced-Surface Movement Guidance and Control System (A-SMGCS) Market?
For more insights on the market share of various regions Request for a FREE sample now!
43% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for advanced-surface movement guidance and control system (A-SMGCS) market in North America. Market growth in this region will be faster than the growth of the market in other regions.
Increasing air traffic and rising congestion at airports will facilitate the advanced-surface movement guidance and control system (A-SMGCS) market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Application Segments in the Advanced-Surface Movement Guidance and Control System (A-SMGCS) Market?
To gain further insights on the market contribution of various segments Request for a FREE sample
Surveillance is the foundation of an A-SMGCS implementation. It provides airport traffic controllers with situational awareness. The demand for surveillance is growing because of the rising need for passenger and cargo planes that are causing congestions at airports. Furthermore, the slow rate of airport development compared with the growth of passenger and cargo volume will further increase congestions at airports. As a result, the need for surveillance to track the movements of aircraft and vehicles would be high, which is expected to increase the demand for A-SMGCS in airports in the coming years.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the advanced-surface movement guidance and control system (A-SMGCS) market size.
What are the Key Factors Covered in this Advanced-Surface Movement Guidance and Control System (A-SMGCS) Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive advanced-surface movement guidance and control system (A-SMGCS) market growth during the next five years
- Precise estimation of the advanced-surface movement guidance and control system (A-SMGCS) market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the advanced-surface movement guidance and control system (A-SMGCS) industry across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of advanced-surface movement guidance and control system (A-SMGCS) market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
|
Advanced-Surface Movement Guidance And Control System (A-SMGCS) Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
|
Market growth 2021-2025 |
$ 709.23 million |
|
Market structure |
Fragmented |
|
YoY growth (%) |
2.08 |
|
Regional analysis |
North America, Europe, APAC, South America, and MEA |
|
Performing market contribution |
North America at 43% |
|
Key consumer countries |
US, China, UK, Germany, Canada, and France |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
ADB SAFEGATE, ALTYS Technologies SAS, atg airports Ltd., Frequentis AG, Honeywell International Inc., Indra Sistemas SA, Leonardo Spa, Saab AB, Terma Group, and Thales Group |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |