Advanced Surface Movement Guidance and Control System (A-SMGCS) Market Outlook – 2027
The global advanced surface movement guidance and control system (A-SMGCS) market is experiencing significant growth and is expected to grow considerably in the next few years. A-SMGCS is a system providing guidance, routing, and surveillance for the control of vehicles and aircraft to maintain the declared surface movement rate under different weather conditions within the aerodrome visibility operational level (AVOL) while keeping the required level of safety.
It comprises a combination of systems that provide services to vehicles and aircraft to maintain airport material under all weather conditions, whilst maintaining the required level of safety. A-SMGCS supports surface movement operations on an airport based on well-defined operational proceedings.
The global advanced surface movement guidance and control system (A-SMGCS) market is segmented on the basis of application, offering, level, industry vertical, and region. Based on application, the advanced surface movement guidance and control system (A-SMGCS) market is divided into surveillance, planning & routing, monitoring & alerting, and others. In terms of offering, the market is categorized into hardware, software, and maintenance.
On the basis of level, the market is divided into level 1, level 2, level 3, and level 4. In terms of industry vertical, the market is segregated into chemical & petrochemical, oil & gas, energy & power, automotive, food & beverages, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global advanced surface movement guidance and control system (A-SMGCS) industry include Honeywell Internationa, Saab Group, Indra Sistemas, Thales Group, Frequentis, ATRiCS Advanced Traffic Solutions, Searidge Technologies, Era Corporation, Leonardo, and ADB Safegate. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global advanced surface movement guidance and control system (A-SMGCS) market.
Top Impacting Factors
The growth of the A-SMGCS market is driven by many factors, which include increasing preference of airways among travelers, increase in the number of cancellations & flight delays due to congestion at airports, and increasing government initiatives to automate airports. In addition, the growing focus of regulatory authorities on secure and safe airport operations fuels the growth of the market.
However, high installation cost of A-SMGCS is a key restraint in the growth of the A-SMGCS market. Moreover, the focus on automation of various airport operations is anticipated to create worthwhile opportunities for A-SMGCS market over the forecast period.
Increasing Preference For Airways By Travelers
Aviation demand is fueled by the growing affluence of the middle classes in the emerging markets. With the introduction of low-fare or budget carriers, travel by airways has become affordable to the middle class. This has increased the demand for airways and its preferences among middle class.
The need to stay competitive and profitable among the airlines to improve their service quality and overall experience delivered to travelers has enabled the growing preference of airways among travelers. These factors fuel the global advanced surface movement guidance and control system market growth.
Focus on Automation of Various Airport Operations
The competitive environment across the aviation industry has enabled the airport management to focus on improving operations and innovation across airways services. Airports are constantly launching new digital initiatives to enable the automation for making airport business and operations more efficient. This factor is expected to provide lucrative opportunities for the market growth during the forecast period.
Key Benefits of the Report
- This study presents the analytical depiction of the global advanced surface movement guidance and control system (A-SMGCS) market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global advanced surface movement guidance and control system (A-SMGCS) market share.
- The current market is quantitatively analyzed to highlight the global advanced surface movement guidance and control system (A-SMGCS) market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed advanced surface movement guidance and control system (A-SMGCS) market analysis based on competitive intensity and how the competition will take shape in the coming years.
COVID-19 Scenario Analysis
- The COVID-19 pandemic is impacting society and the overall economy globally. The overall impact of the pandemic is impacting the production process of several industries, including semiconductor & electronics and many more.
- Trade barriers are further constraining the demand and supply outlook. As the governments of different areas have already announced total lockdown and temporarily shutdown of industries, the overall production process is adversely affected. Therefore, the overall advanced surface movement guidance and control system (A-SMGCS) market is hampered globally
- Significant market slowdown is expected as compared to the 2019 growth due to the impact of the COVID-19 pandemic during the first half of 2020. However, countries, such as India, China, Vietnam, and Italy, are making investments across the development of airport infrastructure to tackle to the growing demand for air travel during the post lockdown scenario.
Questions Answered in the Advanced Surface Movement Guidance and Control System (A-SMGCS) Market Research Report
- Which are the leading market players active in the advanced surface movement guidance and control system (A-SMGCS) market?
- What would be the detailed impact of COVID-19 on the advanced surface movement guidance and control system (A-SMGCS) market size?
- How the current advanced surface movement guidance and control system (A-SMGCS) market trends that will influence the industry in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Advanced Surface Movement Guidance and Control System (A-SMGCS) Market Report Highlights
Aspects | Details |
By Offering |
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By Industry Vertical |
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By Region |
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Key Market Players | Technology Developments International Ltd., Indra, IBM Corporation, InterVISTAS Consulting, Thales, AGT International, Honeywell International Inc., Collins Aerospace System, SITA Airport Management, Siemens Airport Solutions |
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