Global Machine Control System Market

Machine Control System Market by Products (Total Stations, GNSS, Laser Scanners, and Airborne), Equipment (Excavators, Loaders, Paving Systems, Graders, and Others), Verticals (Construction, Agriculture, Oil & Gas, Mining, Marine, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: CM-2529
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 189
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The global machine control system market size is estimated to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to surging demand for automatic systems in control and navigation of heavy machinery.

Global Machine Control System Market summary

Machine control systems utilizes technology such as GIS, GNSS, and laser scanning to precisely identify points and working areas where heavy earthmoving equipment can be positioned effectively. The right positioning of the earthmoving equipment ease proper commencement of work and ensures safe work environment. It improves the affectivity in working by rising the accuracy and speed during construction activities.

Companies are now focusing on developing less complicated systems and achieve high efficiency by integrating advanced technology in their product systems. For instance, Leica Geosystems AG introduced advanced sensors and SP technology  in its MSS400 Series. The excavator is provided with stainless steel brackets, pressure-tight connectors, robust sensor housing, and rugged cabling that is suitable for underwater digging. Moreover, the wholesome system is united with Leica Geosystems SP technology, which reduces the complication as compared to conventional guidance systems. The disposition of such advanced techniques permit the contractors to complete their projects without any financial constraints and ahead of scheduled deadlines.

The disposition of machine control systems decreases the machine downtime, field, and facilitates systematic use of assets. The disability of weighty equipment to work at the construction site can cause incur massive losses in monetary terms and delays in work. Machine control technologies enable precise monitoring and control of the construction equipment to provide rapid quality assurance and optimal performance at the working sites. Therefore, investment in machine control systems ensures time utilization, avoid budget overruns, and decrease costs included in the management of machines.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for navigation solutions for heavy equipment is expected to drive the market growth.
  • The use of advanced techniques to empower the contractors to complete their projects under financial budget and  in time is increasing the adoption of machine control systems across the globe.
  • High initial cost is expected to hamper the market growth.
  • Increasing demand for sustainable infrastructure has encouraged construction companies to invest in sophisticated equipment and training workers, which in turn, is  expected to accelerate the market growth.

Scope of the Report  

The report on the global machine control system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Machine Control System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Total Stations, GNSS, Laser Scanners, and Airborne), Equipment (Excavators, Loaders, Paving Systems, Graders, and Others), Verticals (Construction, Agriculture, Oil & Gas, Mining, Marine, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Topcon Corporation; Trimble, Inc.; Leica Geosystems AG (Hexagon); Hemisphere GNSS, Inc.; MOBA Mobile Automation AG; EOS Positioning Systems; and RIB Software AG.

Machine Control System Market Segment Insights

GNSS segment to account a large market share

Based on products, the market is segmented as total stations, GNSS, laser scanners, and airborne. The GNSS segment accounts to hold a key share of the market during the forecast period. GNNS provides accuracy and high efficiency for the right positioning of weighty machinery, which ensures improved productivity. Conversely, the total stations segment is anticipated to expand at a rapid pace during the forecast period owing to high product modification scope and ease in the deployment of these systems.

Global Machine Control System Market products

Excavators segment is estimated to expand at a robust growth rate

On the basis of equipment, the market is divided into excavators, loaders, paving systems, graders, and others. The excavators segment is estimated to expand at a robust growth rate in the coming years. Excavators are efficient, precise, and faster in construction and digging applications. Meanwhile, the paving systems segment is estimated to grow at a steady rate due to high adoption rate in real estate construction activities.

Construction segment is projected to expand at a considerable CAGR

In terms of verticals, the market is divided into construction, agriculture, oil & gas, mining, marine, and others. The construction segment is projected to expand at a considerable CAGR during the forecast period. Rapid urbanization and various on-going infrastructure projects undertaken in developing countries are driving the market segment growth. On the other hand, the agriculture segment to account a significant market share due to the growing population leading to high demand for food across the globe.

Global Machine Control System Market verticals

North America is anticipated to constitute a major market share

In terms of regions, the global machine control system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America to account for a major share of the market owing to the well-established construction industry and improvement in the agricultural processes in countries such as the US and Mexico. Furthermore, increasing process instrumentation and demand for automation in construction projects is expected to drive the demand in this region. The market of Asia Pacific is expected to expand at a high CAGR in the projected timeline. Governments in these countries are planning projects to upgrade the aging infrastructure such as bridges, roads, sewage systems, and tunnels with the support of several machine control equipment.

Global Machine Control System Market region

Segments

Segments Covered in the Report
The global machine control system market has been segmented on the basis of
Products

  • Total Stations
  • GNSS
  • Laser Scanners
  • Airborne

Equipment

  • Excavators
  • Loaders
  • Paving Systems
  • Graders
  • Others

Verticals

  • Construction
  • Agriculture
  • Oil & Gas
  • Mining
  • Marine
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players                                                       

  • Topcon Corporation
  • Trimble, Inc.
  • Leica Geosystems AG (Hexagon)
  • Hemisphere GNSS, Inc.
  • MOBA Mobile Automation AG
  • EOS Positioning Systems
  • RIB Software AG.

 

Competitive Landscape

Key players competing in the machine control system market are Topcon Corporation; Trimble, Inc.; Leica Geosystems AG (Hexagon); Hemisphere GNSS, Inc.; MOBA Mobile Automation AG; EOS Positioning Systems; and RIB Software AG. The market players are continuously indulging in the activities such as mergers and acquisitions, research and developments, investments for innovative products and collaborations.

In March 2020, Trimble Inc. launched version 2.0 of the Earthworks Grade Control Platform.
 

Global Machine Control System Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Machine Control System Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Machine Control System Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Machine Control System Market - Supply Chain
  4.5. Global Machine Control System Market Forecast
     4.5.1. Machine Control System Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Machine Control System Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Machine Control System Market Absolute $ Opportunity
5. Global Machine Control System Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Machine Control System Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Machine Control System Demand Share Forecast, 2019-2026
6. North America Machine Control System Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Machine Control System Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Machine Control System Demand Share Forecast, 2019-2026
7. Latin America Machine Control System Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Machine Control System Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Machine Control System Demand Share Forecast, 2019-2026
8. Europe Machine Control System Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Machine Control System Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Machine Control System Demand Share Forecast, 2019-2026
9. Asia Pacific Machine Control System Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Machine Control System Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Machine Control System Demand Share Forecast, 2019-2026
10. Middle East & Africa Machine Control System Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Machine Control System Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Machine Control System Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Machine Control System Market: Market Share Analysis
  11.2. Machine Control System Distributors and Customers
  11.3. Machine Control System Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Topcon Corporation
     11.4.2. Trimble, Inc.
     11.4.3. Leica Geosystems AG (Hexagon)
     11.4.4. Hemisphere GNSS, Inc.
     11.4.5. MOBA Mobile Automation AG
     11.4.6. EOS Positioning Systems
     11.4.7. RIB Software AG.

Segments Covered in the Report
The global machine control system market has been segmented on the basis of
Products

  • Total Stations
  • GNSS
  • Laser Scanners
  • Airborne

Equipment

  • Excavators
  • Loaders
  • Paving Systems
  • Graders
  • Others

Verticals

  • Construction
  • Agriculture
  • Oil & Gas
  • Mining
  • Marine
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players                                                       

  • Topcon Corporation
  • Trimble, Inc.
  • Leica Geosystems AG (Hexagon)
  • Hemisphere GNSS, Inc.
  • MOBA Mobile Automation AG
  • EOS Positioning Systems
  • RIB Software AG.

 

Key players competing in the machine control system market are Topcon Corporation; Trimble, Inc.; Leica Geosystems AG (Hexagon); Hemisphere GNSS, Inc.; MOBA Mobile Automation AG; EOS Positioning Systems; and RIB Software AG. The market players are continuously indulging in the activities such as mergers and acquisitions, research and developments, investments for innovative products and collaborations.

In March 2020, Trimble Inc. launched version 2.0 of the Earthworks Grade Control Platform.
 

Global Machine Control System Market keyplayers

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