google-site-verification=SKuQl0IvDiL3Knzmb1347BWjOA_F9nhR-LtRpWBOUQo
Headline
ASIC Chip Market
ASIC Chip Market was valued at US$ 15.02 Billion in 2022 and is expected to reach to US$ 24.42 Billion by 2030; it is estimated to record a CAGR of 6.3% from 2022 to 2030
Transcritical CO2 Market
Transcritical CO2 Market was valued at US$ 613.49 Million in 2022 and is expected to reach to US$ 933.26 Million by 2030; it is estimated to record a CAGR of 5.7% from 2023 to 2030
Airport Infrastructure Market
Airport Infrastructure Market was valued at US$ 77,853.08 Million in 2022 and is expected to reach to US$ 139,144.01 Million by 2030; it is estimated to record a CAGR of 7.5% from 2022 to 2030
MENA E-Learning Market
MENA E-Learning Market was valued at US$ 13.60 Billion in 2022 and is expected to reach to US$ 35.76 Billion by 2030; it is estimated to record a CAGR of 12.8% from 2022 to 2030
Printing Machinery and Equipment Market
Printing Machinery and Equipment Market was valued at US$ 76.65 Billion in 2022 and is expected to reach to US$ 181.92 Billion by 2030; it is estimated to record a CAGR of 11.8% from 2022 to 2030
Industrial Vehicles Market
Industrial Vehicles Market was valued at US$ 57,543.40 Million in 2022 and is expected to reach to US$ 83,677.60 Million by 2030; it is estimated to record a CAGR of 4.8% from 2022 to 2030
Smart Elevator Market
Smart Elevator Market was valued at US$ 18.70 Billion in 2023 and is expected to reach to US$ 43.92 Billion by 2031; it is estimated to record a CAGR of 11.3% from 2023 to 2031
Payment Processing Solutions Market
Payment Processing Solutions Market was valued at US$ 118.84 Billion in 2022 and is expected to reach to US$ 259.62 Billion by 2030; it is estimated to record a CAGR of 10.3% from 2022 to 2030
Valve Actuator Market
Valve Actuator Market was valued at US$ 15.78 Billion in 2023 and is expected to reach to US$ 23.52 Billion by 2031; it is estimated to record a CAGR of 5.0% from 2023 to 2031

Machine Control System Market was valued at US$ 5.84 Billion in 2022 and is expected to reach to US$ 9.49 Billion by 2030; it is estimated to record a CAGR of 6.3% from 2022 to 2030

Machine Control System Market

Rising Utilization of Machine Control Systems to Streamline Earthwork Operations Drives the Machine Control System Market Growth

A machine control system integrates computers, sensors, and communication networks to enable automated machine operation. Machine control systems are an incredible development for the construction sector. The machine control system assists the machine operator in achieving the target plane easily and quickly in earthwork operations. The machine control system calculates the position of the instrument on a piece of machinery—such as the blade of a bulldozer or the bucket of an excavator—via a display. It lets the machine operator identify the exact operation plane. 

Numerous advancements are being made in the automation industry. This is where the machine control system essentially takes over to automate that performance. This is predominantly helpful when working in a 3D world and trying to build complex grades and site profiles. For instance, with the Leica Geosystems machine control system, earthmoving equipment operators can finish jobs in 25–75% less time. Results many be based on the job site, and machine type. Machine control systems are becoming the standard on an extensive range of earthmoving equipment, including dozers, graders, excavators, loaders, scrapers, and rollers. Thus, the demand for machine control systems for earthwork operations is growing rapidly.

Machine Control System Market: Segment Overview

The Machine Control System market is segmented on the basis of type, equipment, industry, view type, type of delivery machine, and geography. By type, the Machine Control System market is divided into Total stations, GNSS, Laser scanners, Airborne systems, GIS collectors, and Others. By equipment, the Machine Control System market is divided into Excavators, Graders, Loaders, Dozers, Scrappers, Paving systems, and Others. By industry, the Machine Control System market is divided into Infrastructure, Commercial, Residential, and Industrial. By view type, the Machine Control System market is divided into 2D and 3D. By type of delivery, the Machine Control System market is divided into Retrofit and OEM Build. Geographically, the Machine Control System market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

Machine Control System Market Regional Analysis:

The North America machine control system market is segmented into the US. The machine control systems market in the US is one of the largest in the world. The country’s manufacturing industry is advanced, and it is home to several world’s leading manufacturers of machine control systems, including Caterpillar Inc., John Deere, and Trimble Inc. Furthermore, the US has a thriving construction industry that heavily relies on machine control systems for tasks such as grading, excavation, and paving. The US government has aided the country’s attempts to develop machine control systems by funding research and development in this field.

Particularly since the COVID-19 pandemic, industrial real estate has proven to be resilient. As a result, the need for distribution space has increased dramatically, and e-commerce is growing at a faster rate than before. In order to keep up with the anticipated increase in e-commerce sales during the same period, the US will need to add 330 million square feet of warehouse space by 2025, according to a June 2021 Coldwell Banker Richard Ellis (CBRE). Thus, such huge construction is expected to propel the machine control system market growth.

Construction is foremost for several industries, such as manufacturing, mining, and a variety of services. This includes all private and government real estate and commercial infrastructure developments in the US, which are a major source of employment. While the larger construction sector in the US is expected to remain under macroeconomic pressure, greater government spending on infrastructure projects will continue to benefit the industry in the short to medium term. In January 2023, the Federal Highway Administration (FHWA) announced an investment of US$ 2.1 billion in bridge infrastructure upgrades. The US$ 2.1 billion effort is part of the national government’s large committed investment in restoring highway bridges across the country. Thus, such construction development in the US is anticipated to propel the growth of the machine control system market.

Machine Control System Market: Competitive Landscape and Key Developments

Topcon; Trimble; Leica; MOBA Mobile Automation AG; Hemisphere; Hitachi, Ltd.; Komatsu Ltd; Andritz AG; Vedant Engineering Services Pvt Ltd; and Schneider Electric are among the key Machine Control System market players profiled during the Machine Control System market study. Various other companies are introducing new product offerings to contribute to the Machine Control System market size. Several other important Machine Control System market players were also analyzed during this market research to get a holistic view of the global Machine Control System market and its ecosystem. The leading Machine Control System system market players focus on feature upgrades, expansion and diversification, collaboration, and acquisition strategies, which enable them to grab new business opportunities.

  • In January 2022, Hemisphere GNSS launched the VEGA 60 GNSS Heading & positioning OEM Board using Lyra II and Aquila Chipsets.
  • In September 2023, Komatsu introduced 3D machine guidance and payload functionalities for crawlers and wheeled excavators. Smart Construction 3D Machine Guidance kit provides customers with a simple and accessible 3D GNSS system and dynamic payload metering.
  • In August 2019, Komatsu introduced Proactive Dozing Control logic. It is a fully integrated dozing control system that allows operators to perform auto-stripping, auto-spreading, and high-production dozing and finish grading.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top