At 5.9% CAGR, North America Machine Control System Market is Projected to be worth US$ 3,626.99 million by 2030, says Business Market Insights

According to Business Market Insights' research, the North America machine control system market was valued at US$ 2,285.51 million in 2022 and is expected to reach US$ 3,626.99 million by 2030, registering a CAGR of 5.9% from 2022 to 2030. Increasing use of machine control systems in construction activities and rising utilization of machine control systems to streamline earthwork operations are among the critical factors attributed to drive the North America machine control system market growth.

Machine control systems play an important role in controlling and monitoring construction equipment and ensuring ideal performance, better construction operations, and quality assurance. Machine control systems also help reduce field and machine downtime and enhance resource utilization. Further, population growth and rapid urbanization across the globe are encouraging government bodies to invest in infrastructure development. Government organizations across the globe are now focused on developing smart infrastructure. Globally, the use of machine control technology in the construction industry is on the rise. This technology, which uses GPS and sensors to guide heavy equipment and machinery, has become progressively popular in recent years owing to its ability to improve efficiency, accuracy, and safety on the work site. As a result, construction companies are turning to machine control technology to aid in improving their operations. This technology allows for real-time monitoring and tracking of project progress and the capability to make quick adjustments to the operation plan as required. The machine control system also helps decrease the possibility of human error and enhance safety on the work site. In general, the growth in the construction industry worldwide is a positive development for the machine control system market. Further, by implementing this technology, construction companies can enhance their operations and deliver better outcomes for their customers. Thus, the demand for machine control systems from the construction industry is increasing. 

On the contrary, high initial cost and complexity of use of machine control systems hampers the growth of North America machine control system market.

Based on type, the North America machine control system market is segmented into total stations, GNSS, laser scanners, airborne systems, GIS collectors, and others. The GNSS segment held 41.1% market share in 2022, amassing US$ 940.36 million. It is projected to garner US$ 1,584.62 million by 2030 to register 6.7% CAGR during 2022-2030.

In terms of equipment, the North America machine control system market is categorized into excavators, graders, loaders, dozers, scrappers, paving system, and others. The excavators segment held 55.2% share of North America machine control system market in 2022, amassing US$ 1,260.57 million. It is anticipated to garner US$ 2,062.96 million by 2030 to expand at 6.4% CAGR during 2022-2030.

By industry, the North America machine control system market is segmented into infrastructure, commercial, residential, and industrial. The infrastructure segment held 39.8% share of North America machine control system market in 2022, amassing US$ 909.63 million. It is projected to garner US$ 1,458.05 million by 2030 to expand at 6.1% CAGR from 2022 to 2030.

In terms of view type, the North America machine control system market is bifurcated into 2D and 3D. The 2D segment held 61.2% share of North America machine control system market in 2022, amassing US$ 1,398.98 million. It is projected to garner US$ 2,138.22 million by 2030 to expand at 5.4% CAGR from 2022 to 2030.

By type of delivery, the North America machine control system market is bifurcated retrofit and OEM build. The OEM build segment held 71.9% share of North America machine control system market in 2022, amassing US$ 1,644.30 million. It is projected to garner US$ 2,664.80 million by 2030 to expand at 6.2% CAGR from 2022 to 2030.

Based on country, the North America machine control system market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 79.0% share of North America machine control system market in 2022. It was assessed at US$ 1,805.09 million in 2022 and is likely to hit US$ 2,905.22 million by 2030, registering a CAGR of 6.1% during 2022-2030.

Key players operating in the North America machine control system market are Andritz AG, Hemisphere GNSS Inc, Komatsu Ltd, Leica Geosystems AG, M-Tech Control Corp, OBA MOBILE AUTOMATION AG, Schneider Electric SE, Topcon Corp, and Trimble Inc, among others.

2021: Hitachi has announced that select excavators are available with factory-integrated 2D grade control and Solution Linkage 3D grade control. Hitachi's grade management technology is available on the ZX210-6, ZX210LC-6 and ZX350LC-6 in Canada and the United States.



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