Advanced-Surface Movement Guidance & Control System (A-SMGCS) Market worth $5.34 Billion by 2023

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The Advanced-Surface Movement Guidance Control
System (A-SMGCS) Market report provides an
analysis of the market from 2018 to 2023. It
discusses the industry and
technology trends that are the the
prevailing in along with
currently market, drivers,
restraints,
challenges, and opportunities. The A-SMGCS
market is projected to grow from USD 4.04
billion in 2018 to USD 5.34 billion by 2023,
at a CAGR of 5.73 from 2018 to 2023. The A-
SMGCS market in the European and Asia Pacific
regions is expected to witness
substantial growth during the forecast period
due to increased investments for the expansion of
existing airports and development of new
airports equipped with advanced airport
systems across these regions. Download PDF
Brochure _at_ https//www.marketsandmarkets.com/pdfd
ownloadNew.asp?id59004707 Key Market
Players Some of the major players operating in
the A-SMGCS market include Saab Group (Sweden),
Indra Sistemas (Spain), Thales Group (France),
ATRiCS (Germany), and ADB Safegate (Belgium).
These key players offer various A-SMGCS products,
such as surface movement radars, ADS-B ground
stations, multilateration (MLAT) surveillance
sensors, and human-machine interface (HMI)
displays. Based on application, the surveillance
segment is estimated to lead the A-SMGCS market
in 2018. The growth of the surveillance
application segment can be attributed to the
increased demand and requirement for advanced
surveillance systems having efficient alerting
functions to ensure the smooth conduct of various
airport operations. Based on offering, the
software segment of the A-SMGCS market is
expected to grow at the highest CAGR during the
forecast period. The growth of the software
offering segment can be attributed to increasing
need to integrate different software, such as
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alerting algorithms, with hardware to get
accurate and reliable information about
situations pertaining to ground vehicle movement
or aircraft taxiing at airports. Based on level,
the level 2 segment of the A-SMGCS market is
projected to grow at the highest CAGR during the
forecast period. The growth of the level 2
segment can be attributed to the ongoing
expansion of existing airports and increasing
focus of airport authorities on upgrading the
A-SMGCS deployed at airports, from level 1 to
level 2. Europe is expected to be the
fastest-growing market for A-SMGCS during the
forecast period. The growth of the Europe
A-SMGCS market can be attributed to the adoption
of a regulation by the European Commission to
ensure the proper implementation of the Pilot
Common Project, which is the first set of Air
Traffic Management (ATM) functionalities that
have been identified for a wide-scale coordinated
deployment at airports. In addition to increased
investments in greenfield airports, existing
airports in the European region are also
undergoing brownfield expansions. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/reques
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