Global Machine Control System Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Total Stations, Global Navigation Satellite Systems (GNSS), Laser Scanners, Sensors, Others), By Equipment (Excavators, Loaders, Paving Systems, Graders, Dozers, Scrapers, Others), By End-Use (Manufacturing, Construction, Agriculture, Oil & Gas, Mining, Marine, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032.

Industry: Machinery & Equipment

RELEASE DATE Aug 2023
REPORT ID SI2510
PAGES 200
REPORT FORMAT PathSoft

Global Machine Control System Market Insights Forecasts to 2032.

  • The Global Machine Control System Market Size was valued at USD 6.28 Billion in 2022.
  • The Market is Growing at a CAGR of 9.7% from 2022 to 2032.
  • The Worldwide Machine Control System Market Size is expected to reach USD 15.93 Billion by 2032.
  • Asia Pacific is expected to grow the fastest during the forecast period.

 

Global Machine Control System Market

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The Global Machine Control System Market Size is expected to reach USD 15.93 Billion by 2032, at a CAGR of 9.7% during the forecast period 2022 to 2032. A wide range of factors have influenced the market, including the growing popularity of automation and robots in a variety of business sectors, the demand for higher levels of productivity and efficiency, and developments in sensor technologies, artificial intelligence (AI), and communication systems.

 

A Machine Control System (MCS) is an amalgamation of software and hardware components that are used for automating and overseeing many different machines and industrial operations. It has significance in enhancing machine performance, increasing productivity, and assuring safety in a variety of industries including manufacturing, agriculture, building, mineral extraction, and others. A machine control system's primary objective is for attaining an intended collection of physical features by controlling operations, inputs, or any other relevant factors. Machine control systems are used in a variety of industries, including manufacturing, robotics, aerospace, and automotive. These systems could vary from as simple as a thermostat managing a heating system or as complicated as systems operating autonomous vehicles or automated manufacturing facilities. Machine control systems have transformed industries by boosting automation, decreasing human errors, and increasing overall worker efficiency and security. Machine control systems are evolving in tandem with technological improvements, including the adoption of machine learning, artificial intelligence, and other technologies for more complex control and management.

 

Global Machine Control System Market Report Coverage

Report CoverageDetails
Base Year:2022
Market Size in 2022:USD 6.28 Billion
Forecast Period:2022-2032
Forecast Period CAGR 2022-2032 :9.7%
2032 Value Projection:USD 15.93 Billion
Historical Data for:2018-2021
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Product Type, By Equipment, By End-Use, By Region and COVID-19 Impact Analysis.
Companies covered:: Topcon, Trimble Inc., Hexagon AB, RIB Software AG, ABB Group, Mitsui Co, Schneider Electric, Carlson Software, MOBA Mobile Automation AG, Hemisphere GNSS, Inc., EOS Positioning Systems, Inc., Liebherr, RIB Software SE and other key venders.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The machine control system market has been growing continuously in recent years, owing to the greater acceptance of automation and IoT (Internet of Things) technologies across a wide range of sectors. A number of industries have a high market for machine control systems. Construction, for example, is a vital industry, with machine control technology utilized in excavators, loaders, and graders to boost precision and minimize waste products. Also, these technologies are used in the manufacturing industry for streamlining complex procedures. Machine control systems are used in automated manufacturing systems to improve precision, speed, and safety on the manufacturing line. In addition, the rapid expansion of infrastructure, particularly in emerging nations, necessitates the use of heavy construction equipment with machine control systems. The incorporation of GPS sensors into machine control systems enables accurate positioning and mobility, resulting in greater precision in a variety of applications. The market for these systems is projected to rise as a result.

 

The rising popularity of industrial automation is driving up demand for machine control systems. Machine control systems are being invested in by companies in order to improve efficiency, production, and safety. Furthermore, improvements in technologies such as Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT) are increasing the utilization of machine control systems. Increasingly smart and networked systems are constantly being developed, allowing for improved control, predictive maintenance, and cost-effective operations.

 

Market Segmentation

 

By Product Type Insights

The global navigation satellite systems (GNSS) segment is dominating the market with the largest revenue share over the forecast period.

On the basis of product type, the global machine control system market is segmented into the stations, global navigation satellite systems (GNSS), laser scanners, sensors, and others. Among these, the global navigation satellite systems (GNSS) segment is dominating the market with the largest revenue share of 38.6% over the forecast period. This competitive advantage is due to the adoption of GNSS equipment such as scrapers, dozers, graders, excavators, and aerial devices. An additional factor driving demand for these systems is the widespread utilization of GNSS for a number of applications such as ground mapping, agriculture, mining, Unmanned Aerial Vehicle (UAV), defense, and others. In addition, GNNS provides highly effective accuracy as well as efficiency for heavy machinery positioning, which guarantees increased output. Moreover, GNSS systems offer global coverage, enabling machine control systems to function efficiently in a variety of geographical areas. Given its global reach, GNSS is a diverse and widely utilized technology across industries, which drives implementation and contributes to market growth.

 

By Equipment Insights

The paving systems segment is witnessing significant CAGR growth over the forecast period.

On the basis of equipment, the global machine control system market is segmented into excavators, loaders, paving systems, graders, dozers, scrapers, and others. Among these, the paving systems segment is witnessing significant CAGR growth over the forecast period. This growth is likely to be ascribed to an increase in demand from governments in economically developing nations that emphasize funding for improving transportation infrastructure by building roads, motorways, and tunnels. Paving systems are outfitted with acoustic sensors, slope sensors, elevation control, and 3D slopes, allowing contractors to minimize their time and labor while finishing construction at less expense, which has led to the widespread use of paving systems in the machine control system market.

 

By End-Use Insights

The construction segment accounted for the largest revenue share of more than 52.8% over the forecast period.

On the basis of end-use, the global machine control system market is segmented into manufacturing, construction, agriculture, oil & gas, mining, marine, and others. Among these, the construction segment is dominating the market with the largest revenue share of 52.8% over the forecast period. This is driven by higher urbanization and other current infrastructure initiatives in emerging nations. Thousands of people work on building sites, and the growing demand for safety measures has led to the introduction of machine control systems in the building industry. Additionally, an increasing need for ecologically friendly building materials has raised the demand for machine control systems used in the building process of commercial, residential, and retail buildings.

 

Regional Insights

North America dominates the market with the largest market share over the forecast period.

 

Global Machine Control System Market

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North America is dominating the market with more than 38.7% market share over the forecast period. This is partly due to the region's developed construction sector and modern agricultural techniques. In addition, the need for these technologies for highway construction projects in Canada has surged. The increasing demand for automation and process instrumentation in building projects will increase demand in this region. Furthermore, increased government funding is being directed toward the development of public infrastructure. As a result, all of these factors are projected to drive demand for machine control systems in the region over the forecast period.

 

Asia Pacific, on the contrary, is expected to grow the fastest during the forecast period. The region continues to experience fast economic growth, which is driven by a rise in urbanization and growth in infrastructure. Countries such as China, India, and Southeast Asia are actively investing in infrastructure, transit networks, and urban planning programs. These advancements increase the demand for machine control systems, which maximize productivity, efficacy, and reliability in building and infrastructure-related projects.

 

List of Key Market Players

  • Topcon
  • Trimble Inc.
  • Hexagon AB
  • RIB Software AG
  • ABB Group
  • Mitsui Co
  • Schneider Electric
  • Carlson Software
  • MOBA Mobile Automation AG
  • Hemisphere GNSS, Inc.
  • EOS Positioning Systems, Inc.
  • Liebherr
  • RIB Software SE

 

Key Market Developments

  • On March 2023, Topcon Positioning Systems recently released a new global navigation satellite system (GNSS) option for its MC-Mobile small machine control solution available. This GNSS option, which completes the company's small solutions offering, enables contractors to quickly integrate their tiny machines into fleets already powered by GNSS technology. This extension provides the most comprehensive range of machine control choices to owners of skid steers, compact track loaders (CTL), and mini excavators to date.

 

  • On October 2022, Leica Geosystems has introduced the Leica iCON site excavator, a machine-control system meant to make it easier and more accurate for compact excavators to carry out plans. Three new components have been added to the iCON site excavator technology: a new software program, a new dual global navigation satellite system (GNSS) receiver, and an optional communication device. This new solution not only optimizes earthmoving activities for compact excavators, but also allows operators to use the iCON site platform for both on- and off-machine applications, resulting in efficient equipment and people deployment.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Machine Control System Market based on the below-mentioned segments:

 

Machine Control System Market, Product Type Analysis

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

 

Machine Control System Market, Equipment Analysis

  • Excavators
  • Loaders
  • Paving Systems
  • Graders
  • Dozers
  • Scrapers
  • Others

 

Machine Control System Market, End-Use Analysis

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

 

Machine Control System Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the market size of the machine control system market?
    The Global Machine Control System Market is expected to grow from USD 6.28 billion in 2022 to USD 15.93 billion by 2032, at a CAGR of 9.7% during the forecast period 2022-2032.
  • 2. Which are the key companies in the machine control system market?
    Topcon, Trimble Inc., Hexagon AB, RIB Software AG, ABB Group, Mitsui Co, Schneider Electric, Carlson Software, MOBA Mobile Automation AG, Hemisphere GNSS, Inc., EOS Positioning Systems, Inc., Liebherr, RIB Software SE.
  • 3. Which segment dominated the machine control system market share?
    The construction segment in end-use type dominated the machine control system market in 2022 and accounted for a revenue share of over 52.8%.
  • 4. What are the elements driving the growth of the machine control system market?
    The growing proportion of construction initiatives, increased worker safety concerns, and the need for high-quality, long-term infrastructure are significant factors boosting the machine control system market expansion.
  • 5. Which region is dominating the machine control system market?
    North America is dominating the machine control system market with more than 38.7% market share.
  • 6. Which segment holds the largest market share of the machine control system market?
    The global navigation satellite systems (GNSS) segment based on product type holds the maximum market share of the machine control system market.

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