Machine control frameworks are widely used in equipment for construction, agriculture, transportation, and other purposes. Innovation and fresh thinking are assisting in the development of the field. The key factors promoting company sector development while employing substantial diverse hardware are rising development and foundation improvement initiatives generally.
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The Global Machine Control System Market is expected to reach USD 9,371.86 million by 2029 from USD 5,333.69 million in 2021, growing with a healthy CAGR of 7.3% in the forecast period of 2022 to 2029. One of the key reasons promoting the growth of the market is the rise and expansion of the automotive and semiconductor industries, particularly in the emerging nations. Another key factor in market growth is the increasing deployment of machine vision systems by small and medium-sized businesses in developing nations.
Rising investment by the market players is expected to drive the market's growth rate
By integrating modern technology into their systems, businesses are aiming to reduce system complexity and increase productivity. For instance, the MSS400 Series for excavators from Leica Geosystems AG features cutting-edge sensors and SP technology. The system is appropriate for underwater digging since it has pressure-tight connectors, stainless steel brackets, a sturdy sensor enclosure, and tough cabling.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to –2013-2018)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Technology (Global Navigation Satellite System (GNSS), Laser Scanners, GIS Collectors, Total Stations, Airborne Systems, and Others), Vehicle Equipment (Excavators, Loaders, Dozers, Scrapers, Graders, Rollers, Drillers and Pillars, Pavers and Cold Planers, and Others), Controller Type (Computer Numerical Control (CNC), Programmable Logic Controller (PLC), Programmable Automation Controller (PAC), Personal Computer (PC), Motion Controllers, and Others), Application (Motion and Control, Guidance and Automation, Mass Excavation, Spot-Bulldozing, and Others), Industry (Building and Construction, Agriculture, Mining, Transportation, Aerospace and Defense, Automotive, Marine, Waste Management, Utilities, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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ABB (Sweden), Topcon (Japan), Eos Positioning Systems, Inc. (Canada), maximatecc (U.S.), Kobelco Construction Machinery Co, Ltd. (U.S.), SATEL (India), Trimble Inc. (U.S.), Hemisphere GNSS, Inc. (U.S.), MOBA MOBILE AUTOMATION AG (Germany), Belden Inc. (U.S.), RaptorTech (U.S.), Hexagon (Sweden), RIB Group (Germany), James Fisher and Sons plc (U.K.), Carlson Software (U.S.), L5 Navigation Systems AB (Sweden), Challenger Geomatics Ltd. (Canada), LIEBHERR (Germany), Schneider Electric (France), MITSUI & CO., LTD. (Japan), Rockwell Automation, Inc. (U.S.), Komatsu Ltd. (Japan), Microverse Automation Pvt. Ltd. (India), Coperion GmbH (Germany), Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany), OMRON Corporation (Japan), ANDRITZ (Austria), Siemens (Germany), Honeywell International Inc. (U.S.) among others
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis
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Segment Analysis:
The global machine control system market is segmented into five notable segments based on technology, vehicle equipment, controller type, application, and industry.
- On the basis of technology, the global machine control system market is segmented into global navigation satellite system (GNSS), laser scanners, GIS collectors, total stations, airborne systems, and others. In 2022, the global navigation satellite system (GNSS) segment is expected to dominate the global machine control system market with a 34.85% market share because the global navigation satellite system (GNSS) provides accurate timing information utilized to develop a high-precision IoT network.
- On the basis of vehicle equipment, the global machine control system market has been segmented into excavators, loaders, dozers, scrapers, graders, rollers, drillers and pillars, pavers and cold planers, and others. In 2022, the excavators segment is expected to dominate the global machine control system market with a 25.21% market share due to the capability of sensing the precise location of an excavator at all times relative to its environment, also helping the operator dig in the right spot.
- On the basis of controller type, the global machine control system market has been segmented into computer numerical control (CNC), programmable logic controller (PLC), programmable automation controller (PAC), personal computer (PC), motion controllers, and others. In 2022, the programmable logic controller (PLC) segment is expected to dominate the global machine control system market with a 29.77% market share as the deployment of PLC systems enables the identification and rectification of errors and can initiate rapid responses even without human intervention.
- On the basis of application, the global machine control system market has been segmented into motion and control, guidance and automation, mass excavation, spot-bulldozing, and others. In 2022, the motion and control segment is expected to dominate the global machine control system market with a 32.24% market share due to the high requirement of monitoring and control-based machine control systems in artificial intelligence (AI) powered smart systems.
Motion and control is expected to dominate the application segment of the global machine control system market
The motion and control segment is projected to emerge as the dominating segment in 2022. Growth and expansion of the semiconductors industry will emerge as a proficient market growth driver. Further, high requirement of monitoring and control-based machine control systems in artificial intelligence (AI) powered smart systems will widen the scope of growth for the motion and control segment in 2022.
- On the basis of industry, the global machine control system market has been segmented into building and construction, agriculture, mining, transportation, aerospace and defense, automotive, marine, waste management, utilities, and others. In 2022, the building and construction segment is expected to dominate the global machine control system market with a 29.98% market share due to the global growth of infrastructure projects.
Building and construction is expected to dominate the industry segment of the global machine control system market
Growth and expansion of buildings and construction industry especially in the developing economies is responsible for bolstering the growth and dominance of this segment. Further, increasing construction, reconstruction, renovation and remodeling activities in combination with growing rate of urbanization will yet again as important market growth determinants. Surging rate of urbanization in the backward economies will also emerge as an important growth driver for this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the major machine control system market players in advanced wound care market are Belden Inc. (U.S.), Komatsu Ltd. (Japan), Hexagon (Sweden), Schinder Electric (France), OMRON Corporation (Japan), and LIEBHERR (Germany).
Market Development
- The Earthworks Grade Control Platform version 2.0 was released by Trimble Inc. in March 2020. This new solution has integrated Trimble Loadrite, horizontal steering control, and augmented reality for simple 3D model interpretation.
- In order to improve public safety communication capabilities, Honeywell International Inc. acquired U.S. Digital Designs, Inc. in December 2021. The company's solution line has been expanded as a result of this acquisition. With this acquisition, the company was able to diversify its product offering and increase income.
Regional Analysis
Geographically, the countries covered in the machine control system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in machine control system market during the forecast period 2022 - 2029
In 2022, Asia-Pacific dominates the global machine control system market as the region has the highest number of industries that adopt digitization for their manufacturing processes which subsequently increases the need for the machine control system. Moreover the rising number of research and development activities, in combination with the growth and expansion of the automotive industry is also boosting the sulfuric acid market growth
North America is estimated to be the fastest-growing region in machine control system market the forecast period 2022 - 2029
North America is expected to grow during the forecast period due to the presence of major market players and rapid development of infrastructural facilities in emerging economies in this region. In addition, rising level of private and public expenditure on the development of chemicals industry infrastructure in the developing and backward economies and increasing per-capita income are expected to propel the market's growth rate in this region.
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