Machine Control System Market by Type (Total Stations, GNSS, Laser Scanners, Airborne Systems, GIS Collectors), Equipment (Excavators, Graders, Loaders, Dozers, Scrappers, Paving Systems, Drillers and Pilers), Industry (Construction, Transportation, Agriculture, Waste Management, Mining, Marine), Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026093 | Pages: 100 | Industry: Electronics and Semiconductor | Date: Sep 2022 | Type: Global

The machine control system market is expected to cross US$ 4.8 billion mark in 2022 and is projected to hit US$ 9.0 billion by 2030, recording a CAGR of 8.2% during the forecast period.

Machine control system market has been significantly growing with the high adoption in construction industry

 In construction industry, machine control system helps to control work more efficiently. For instance, in levelling, a machine control system helps the grading vehicles to compare the position of blade to a digital grading map and to cut it proper position and elevation on the site. The machine control system’s GPS and GSS signals are received on the vehicle and provide elevation and position references on the site. Due to the benefits associated with machine control system, it is highly adopted in the construction industry and thus driving the machine control system market growth.

Within the report, the machine control system market is segmented into type, equipment, industry, and geography. By type, the machine control system market is further segmented into total stations, GNSS, laser scanners, airborne systems, and GIS collectors. On the basis of equipment, the market is segmented into excavators, graders, loaders, dozers, scrappers, paving systems, drillers and pilers. Based on industry, the market is divided into construction, transportation, agriculture, waste management, mining, and marine. Geographically, the machine control system market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Machine control system is a far-reaching technology that empowered the growth of futuristic innovations.

A machine control enables to accurately position the machinery based on the 3D models. It uses the real time kinematic system for precise positioning. A control system commands, manages, regulates or directs the other devices or systems’ behavior. Due to increased concern for human and machine safety, the machine control system is adopted by several industries.

Rising adoption in various industries is one of the major factors accelerating the machine control system market growth

The industries that fall under machine control system market are the construction, transportation, agriculture, waste management, mining, and marine. Within these industries, agriculture industry is one such industry, wherein the use of machine control system is increasing. The mining industry is also encouraging the use of machine control system. Other industries such as transportation, waste management and marine are also encouraging the use of machine control system.

Get more information on this report :

Recent strategic developments in machine control system market

The machine control system market has undergone several significant developments, and a few of these have been mentioned below:

  • In February 2022, Hitachi launched 2D and 3D machine control excavators
  • In March 2020, Volvo launched Volvo Active Control, a machine control system for excavators

The machine control system market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. AB Volvo; Caterpillar; HEXAGON; Hitachi Construction Machinery Co., Ltd; TOPCON CORPORATION; Eos Positioning Systems; Hemisphere GNSS; Komatsu Ltd; MOBA Mobile Automation AG; Trimble Inc.are among the prominent players operating in the machine control system market.

Target audience for the machine control system market report:

  • Raw material providers
  • System providers
  • Semiconductor Providers
  • Machine control system manufacturers
  • Distributors and sales firms
  • End users

Scope of the machine control system market report:

In this report, the machine control system market has been segmented on the basis of:

  • Type
    • Total Stations
    • GNSS
    • Laser Scanners
    • Airborne Systems
    • GIS Collectors
  • Equipment
    • Excavators
    • Graders
    • Loaders
    • Dozers
    • Scrappers
    • Paving Systems
    • Drillers
    • Pilers
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • AB Volvo
    • Caterpillar
    • HEXAGON
    • Hitachi Construction Machinery Co., Ltd
    • TOPCON CORPORATION

Companies profiled

- AB Volvo

- Caterpillar

- HEXAGON

- Hitachi Construction Machinery Co., Ltd

- TOPCON CORPORATION

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