Press release
Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market Size, Driving Factors, Growth Statistics, Competitive Landscape And Forecast To 2033
Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market
The advanced-surface movement guidance & control system (a-smgcs) market size is expected to see strong growth in the next few years. It will grow to $6.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to air traffic growth, integration of ai and automation, demand for safety and efficiency, expansion of airport infrastructure, environmental considerations.. Major trends in the forecast period include augmented reality (ar) applications, collision avoidance systems, enhanced data analytics, remote monitoring capabilities..
Market Overview -
The advanced-surface movement guidance and control system (A-SMGCS) refers to a system that offers routing, direction, and surveillance for controlling planes and vehicles to maintain the stated surface movement rate in the aerodrome visibility operational level (AVOL) while preserving the necessary measure of safety.
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Rising Air Traffic Boosts Growth In The Advanced-Surface Movement Guidance And Control System (A-SMGCS) Market
Increased air traffic is expected to drive the advanced-surface movement guidance and control system (A-SMGCS) market. Air traffic refers to the number of airplanes flying in or along a region. There is an increase in air traffic due to increased travel activities. A-SMGCS aids in the efficient flow of aircraft, offers supplementary processes and seeks to give controllers better situational awareness at the lower levels of implementation. For instance, according to the International Civil Aviation Organization, a Canada-based specialized agency of the United Nations, between January 2022 and April 2022, 65% more passengers were carried in the air than during the same time in 2021, while there were 30% more aircraft departures. Therefore, the increasing air traffic will drive the advanced-surface movement guidance and control system (A-SMGCS) market growth.
Competitive Landscape -
Major companies operating in the advanced-surface movement guidance & control system (a-smgcs) market report are ALTYS Technologies, ERA a.s., Honeywell International Inc., Indra Sistemas S.A., Saab AB, Searidge Technologies, TERMA Ltd., Thales Group, ADB Safegate BVBA, Frequentis AG, ATG Airports Ltd., TESBL Aerospace Corporation, Leonardo S.p.A., Siemens AG, Saipher ATC, Raytheon Company, Systems Interface Ltd., Copperchase Limited, Harris Corporation, HungaroControl, Intelcan Technosystems Inc, Jotron AS, Micro Nav Limited, Navtech Radar, Park Air Systems Limited, SITTI S.p.A, SkySoft-ATM, Snowflake Software Ltd., Vaisala Oyj, Xsight Systems Ltd. .
Innovative Solutions Drive Growth In The Advanced-Surface Movement Guidance And Control System (A-SMGCS) Market
Product innovation is a key trend in the advanced-surface movement guidance and control system (A-SMGCS) market. Major companies operating in the advanced-surface movement guidance and control system market are focused on developing innovative solutions to sustain in the market. For instance, in August 2021, Saab, a Sweden-based aerospace and defense company, launched Saab's Integrated ATC Suite (I-ATS). I-ATS is a scalable and adaptable platform for tower and approach controllers that gives them access to a wide range of tools to safely and effectively manage traffic flow. The I-ATS is based on Service-Oriented Architecture (SOA) concepts, enabling platform customization to satisfy the requirements of both large and small operators.
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Key Segments -
The advanced-surface movement guidance & control system (a-smgcs) market covered in this report is segmented -
1) By Offering: Hardware, Software, Maintenance
2) By Level: Level 1, Level 2, Level 3, Level 4
3) By Investment: Greenfield, Brownfield
4) By Application: Surveillance, Planning, Monitoring, Guidance
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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