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    Machine Control System Market

    ID: MRFR/SEM/1759-CR
    100 Pages
    Ankit Gupta
    March 2018

    Machine Control System Market Research Report Information By Product (Total Stations, Global Navigation Satellite Systems (GNSS), Laser Scanners, Airborne), By Equipment (Excavators, Loaders, Paving Systems, Graders, Others), By Vertical (Construction, Agriculture, Mining, Oil & Gas, Marine, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.

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    Machine Control System Market Research Report- Global Forecast 2030 Infographic
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    Machine Control System Market Summary

    As per Market Research Future Analysis, the Global Machine Control System Market was valued at USD 7.38 Billion in 2022 and is projected to grow from USD 8.41 Billion in 2023 to USD 15.60 Billion by 2030, with a CAGR of 9.81% during the forecast period. The market is driven by the increasing demand for accuracy and precision in control systems, as well as the rising popularity of cordless machine control systems. The major segments include Global Navigation Satellite Systems (GNSS) and Excavators, with North America leading the market due to its developed construction sector and advancements in farming practices.

    Key Market Trends & Highlights

    Key trends driving the Machine Control System Market include advancements in technology and increasing demand across various sectors.

    • Market Size in 2022: USD 7.38 Billion
    • Projected Market Size by 2030: USD 15.60 Billion
    • CAGR from 2023 to 2030: 9.81%
    • Dominant Segment in 2022: Global Navigation Satellite Systems (GNSS)

    Market Size & Forecast

    2022 Market Size USD 7.38 Billion
    2023 Market Size USD 8.41 Billion
    2030 Market Size USD 15.60 Billion
    CAGR (2023-2030) 9.81%

    Major Players

    Key companies include Leica Geosystems, ABB Group, Topcon Corporation, Honeywell International Inc, Trimble Inc, Andritz, Rockwell Automation, Mitsui Co, Schneider Electric.

    Machine Control System Market Trends

      • Increasing Demand for Accuracy and Precision in Control Systems

    By streamlining, automating, and integrating solutions, machine control systems boost job site quality, resulting in fewer errors and more time on the job. Machine control solutions lower the possibility of errors while enabling operators to learn more about the digital world. Operator performance is enhanced through intuitive 3D graphical interfaces with a custom-centered design that gives users more confidence in their ability to complete tasks.

      • Increased demand for Cordless Machine Control Systems

    It is widely known that the world's population is growing at a rate never before seen. Companies are making significant investments in cordless technology to provide the best products for consumers and business users. As the market develops, more attention will be paid to cordless equipment due to its improved performance and versatility. The global market for machine control systems is anticipated to grow as a result of the development of these cordless

    batteries

    with machine control systems.

    The ongoing evolution of machine control systems is poised to enhance operational efficiency across various sectors, reflecting a growing trend towards automation and precision in industrial applications.

    U.S. Department of Commerce

    Machine Control System Market Drivers

    Regulatory Compliance

    The Global Machine Control System Market Industry is influenced by stringent regulatory compliance requirements aimed at ensuring safety and environmental sustainability. Governments worldwide are implementing regulations that mandate the use of advanced machine control systems to minimize risks associated with construction and heavy machinery operations. Compliance with these regulations not only enhances safety but also promotes the adoption of innovative technologies. As companies strive to meet these standards, the demand for machine control systems is likely to increase, contributing to a projected CAGR of 9.34% from 2025 to 2035.

    Market Growth Projections

    The Global Machine Control System Market Industry is poised for substantial growth, with projections indicating a market size of 9.33 USD Billion in 2024 and an anticipated increase to 24.9 USD Billion by 2035. This growth trajectory suggests a robust CAGR of 9.34% from 2025 to 2035, driven by factors such as technological advancements, increased automation, and rising infrastructure development. The market's expansion reflects the critical role of machine control systems in enhancing operational efficiency across various sectors.

    Technological Advancements

    The Global Machine Control System Market Industry is experiencing rapid technological advancements that enhance operational efficiency and precision. Innovations such as GPS technology, laser scanning, and 3D modeling are increasingly integrated into machine control systems. These advancements not only improve accuracy but also reduce operational costs. For instance, the adoption of GPS-guided systems allows for real-time data collection and analysis, leading to better decision-making. As a result, the market is projected to reach 9.33 USD Billion in 2024, reflecting the growing demand for sophisticated machine control solutions.

    Growing Focus on Sustainability

    The Global Machine Control System Market Industry is increasingly shaped by a growing focus on sustainability and environmental conservation. Companies are adopting machine control systems that optimize resource usage and minimize waste, aligning with global sustainability goals. For example, precision agriculture technologies enable farmers to apply inputs more efficiently, reducing environmental impact. This shift towards sustainable practices is likely to drive demand for machine control systems, as organizations seek to enhance their operational efficiency while adhering to environmental regulations.

    Increased Demand for Automation

    The Global Machine Control System Market Industry is witnessing a surge in demand for automation across various sectors, including construction, agriculture, and mining. This trend is driven by the need for improved productivity and reduced labor costs. Automation technologies, such as autonomous machinery and remote monitoring systems, are becoming essential for companies aiming to enhance operational efficiency. The market is expected to grow significantly, with projections indicating a rise to 24.9 USD Billion by 2035. This growth underscores the critical role of machine control systems in facilitating automated processes and optimizing resource utilization.

    Rising Infrastructure Development

    The Global Machine Control System Market Industry is significantly impacted by the rising infrastructure development initiatives globally. Governments are investing heavily in infrastructure projects, including roads, bridges, and airports, which necessitate the use of advanced machine control systems for efficient project execution. These systems enable precise grading, excavation, and alignment, thereby reducing project timelines and costs. The ongoing infrastructure boom is expected to drive the market's growth, as stakeholders seek to leverage machine control technologies to enhance productivity and ensure project success.

    Market Segment Insights

    Machine Control System Product Insights

    The market segmentation, based on Product, includes Total Stations, Global Navigation Satellite Systems (GNSS), Laser Scanners, and Airborne. The Global Navigation Satellite Systems (GNSS) segment holds the majority share in 2022, contributing to the global Machine Control System revenue. The use of GNSS equipment, including dozers, scrapers, graders, excavators, and aerial devices, is responsible for this high proportion. Another reason boosting demand for these systems is the use of GNSS for a range of applications, including ground mapping, agriculture, mining, unmanned aerial vehicles (UAV), military, and others.

    Additionally, GNNS offers excellent precision and efficiency for the proper deployment of large machines, which promises increased output.

    Machine Control System Equipment Insights

    Based on Equipment, the market segmentation includes Excavators, Loaders, Paving Systems, Graders, Others. The Excavators segment dominated the market. This significant percentage can be ascribed to the widespread use of excavators in forestry, excavating, trash management, snow removal, mining, and grading, among other applications.

    Machine Control System Vertical Insights

    Based on Vertical, the market segmentation includes ​​​​​​Construction, Agriculture, Mining,

    , Marine, Others. The Construction segment is the largest segment of the market. This is due to increased urbanization and other current infrastructure initiatives in emerging countries. Thousands of people work on building sites, and the growing need for safety measures has led to the introduction of machine control systems in the construction industry.

    Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

    Get more detailed insights about Machine Control System Market Research Report- Global Forecast 2030

    Regional Insights

    By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The market for machine control systems was dominated by North America. This is linked to the region's developed building sector and advancements in farming practises. Additionally, the need for these systems has grown in Canada due to the development of new highways. The demand in this area is anticipated to be driven by the rising need for automation and process instrumentation in building projects.

    Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

    The second-largest market share in the world belongs to Europe. Increasing demand for machine control systems in the food sector as a result of stringent regulations and high healthcare costs are examples of factors that favourably affect market growth. Along with the high demand for personal care and cosmetics items, the region's large pool of medical device manufacturers also contributes to the growth of the machine control system industry. Additionally, the region's growing need for machine control systems from the automotive and electronics sectors supports market expansion significantly.

    Key Players and Competitive Insights

    Major market players are spending a lot of money on R&D to increase their product lines, which will help the market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Machine Control System industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

    Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global Machine Control System industry to benefit customers and expand the market sector. Major market players, including Leica Geosystems, ABB Group, Topcon Corporation, Mitsui Co, Schneider Electric, and others, are attempting to increase market demand by funding R&D initiatives.

    Leica Geosystems USA makes tools and equipment for mapping and surveying. It offers airborne sensors, total stations,

    and trackers, laser detection systems, and machine control systems.

    Topcon Corporation designs manufacture and distributes equipment and automation solutions. It provides tools for ocular inspection, diagnosis, and therapy, including specular microscopes, auto refractometers, tonometers, slit lamps, retinal cameras, and slit lights. Additionally, the business offers solutions for crop analysis, data management, guiding and autosteering, measuring and weighing, mapping, implementing control, and feed management. Additional areas of expertise for Topcon include optical tools, GPS systems, laser scanning, mobile mapping, field controllers, elevation and alignment lasers, and other positioning and construction equipment.

    Key Companies in the Machine Control System Market market include

    Industry Developments

    November 2021:

    Rockwell Automation introduced New Remote Access Solution. This new solution designed for OEMs is only the latest remote access offering from Rockwell Automation that offers a wide range of remote access services for manufacturers, including 24/7 remote application monitoring and support to help customers proactively address maintenance issues. Through this launch, the company has enhanced its product and services in the market.

    December 2021:

    Honeywell International Inc. announced the acquisition of U.S Digital Designs, Inc., expanding public safety communication capabilities. This acquisition has resulted in the expansion of the line of solutions for the company. This acquisition helped the company in extending its product portfolio and help in enhancing revenue of the company.

    Future Outlook

    Machine Control System Market Future Outlook

    The Machine Control System Market is projected to grow at a 9.34% CAGR from 2024 to 2035, driven by technological advancements, increased automation, and demand for precision in construction and agriculture.

    New opportunities lie in:

    • Develop AI-driven machine control solutions to enhance operational efficiency.
    • Expand into emerging markets with tailored machine control systems for local needs.
    • Invest in R&D for sustainable technologies in machine control applications.

    By 2035, the Machine Control System Market is expected to achieve substantial growth, reflecting evolving industry demands and technological innovations.

    Market Segmentation

    Machine Control System Product Outlook

    • Total Stations
    • Global Navigation Satellite Systems (GNSS)
    • Laser Scanners
    • Airborne

    Machine Control System Regional Outlook

    North America
    • US
    • Canada

    Machine Control System Vertical Outlook

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

    Machine Control System Application Outlook

    • Excavators
    • Loaders
    • Paving Systems
    • Graders
    • Others

    Report Scope

    Attribute/Metric Details
    Market Size 2022 USD 7.38 Billion
    Market Size 2023 USD 8.41 Billion
    Market Size 2030 USD 15.60 Billion
    Compound Annual Growth Rate (CAGR) 9.81% (2023-2030)
    Base Year 2022
    Market Forecast Period 2023-2030
    Historical Data 2018 & 2022
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Equipment, Vertical, and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Leica Geosystems, ABB Group, Topcon Corporation, Honeywell International Inc, Trimble Inc, Andritz, Rockwell Automation, Mitsui Co, Schneider Electric, Trimble Inc
    Key Market Opportunities The rising automation in manufacturing sectors in emerging economies.
    Key Market Dynamics The high growth in the construction sector. Growing automation of instrumentation processes across the industries

    Market Highlights

    Author
    Ankit Gupta
    Senior Research Analyst

    Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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    FAQs

    How much is the Machine Control System market?

    The Machine Control System Market size was valued at USD 7.38 Billion in 2022.

    What is the growth rate of the Machine Control System market?

    The global market is projected to grow at a CAGR of 9.81% during the forecast period, 2023-2030.

    Which region held the largest market share in the Machine Control System market?

    North America had the largest share of the Machine Control System Market.

    Who are the key players in the Machine Control System market?

    The key players in the market are Leica Geosystems, ABB Group, Topcon Corporation, Honeywell International Inc, Trimble Inc, Andritz, Rockwell Automation, Mitsui Co, Schneider Electric, and Trimble Inc.

    Which Product led the market of Machine Control Systems?

    The Global Navigation Satellite Systems (GNSS) category dominated the market in 2022.

    Which Vertical had the largest market share in the market of Machine Control Systems?

    The Construction segment had the largest share in the global market for Machine Control Systems.

    Machine Control System Market Research Report- Global Forecast 2030 Infographic
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