Machine Control System Market by Type (Total Stations, GNSS, Laser Scanners, Sensors), Equipment, Vertical (Infrastructure, Commercial, Residential, Industrial) and Geography (2022-2027)
[205 Pages Report] The global machine control system market size is projected to grow from USD 4.5 billion in 2022 to USD 6.5 billion by 2027 at a CAGR of 7.7% during the forecast period. The growth of the machine control system market is majorly driven by the elimination of bulk earthworks set out and survey pegging and anticipated demand from growing construction industry.
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Impact of COVID-19 on the Machine Control System Market
COVID-19 has severely impacted the global economy and all the industries throughout the world. The COVID-19 pandemic had a high impact on the construction industry globally, especially in 2020. Construction sites in different parts of the world were forced to shut down due to lack of raw materials, economic problems, and workforce shortage. Furthermore, the imposition of lockdowns worldwide halted many ongoing and planned projects, which affected the demand for machine control systems and other equipment in the construction industry. However, with the upliftment of lockdowns and vaccine rollouts, the industry has gained momentum in 2021 and is expected to recover at a fast pace. Hence, it is expected that the demand for machine control systems is expected to grow steadily during the forecast period.
Machine Control System Market Dynamics
Driver: Requirement of faster work and maximum efficiency in tightly scheduled infrastructure projects
Nowadays, delays and cost overruns are the major challenges in infrastructure or construction projects. The kind of equipment used is one of the major factors impacting the completion time of a project. Overall equipment efficiency plays a vital role in ensuring the speed and accuracy of the project execution. If the equipment fails to work at the required/expected rate, it may lead to unpredicted delays. Additionally, errors due to disturbed pegs, misread tape measures, etc., may require reworking on the entire construction project according to the stipulated standards, which leads to project budget overruns and further delay in project completion.
In Asia Pacific, the Indian government has now made on-time completion of many projects related to highways mandatory with the use of standard and efficient construction equipment that meet all the required quality parameters. Machine control technologies play an important role in monitoring and controlling construction equipment to ensure optimal performance, resulting in faster quality assurance checks and construction works. Machine control systems help complete projects/jobs at a faster rate and with higher accuracy, as well as have a lower maintenance cost. This is an investment that saves considerable time and a significant amount of money over the lifetime of the machine. With the fierce competition in the construction industry, using the machine control system is extremely beneficial for workers at construction sites in the long run as this system reduces machine and field downtime and assists in the efficient use of resources.
Restraint: Requirement of high initial investment
Excavators, dozers, and graders are used in mining and construction applications. These types of construction equipment are equipped with machine-guided technology to improve productivity, efficiency, and safety in the earthmoving activity. Excavators, dozers, and graders are expensive, and incorporation of machine-guided technology in construction equipment increases the installation and integration costs. Thus, construction and mining operators require high capital for purchasing or renting equipment integrated with machine control technologies. Thus, although machine control technology offers higher accuracy, helps in faster completion of projects, and has a lower maintenance cost, the high initial investment is a hindering factor for market growth.
Opportunity: Increasing demand for machine-guided technologies in emerging nations in Asia Pacific
The construction industry plays a vital role in the economic growth of developing countries. Therefore, several dedicated agencies, such as Construction Industry Development Board (Malaysia), Institute of Construction Training and Development (Sri Lanka), National Construction Council (Tanzania), Building and Construction Authority (Singapore), have been formed in many countries to monitor construction activities and professionalize the functioning of construction sites. To create a safe, high-quality, and sustainable and friendly built environment in the construction industry, cost-effective and time-efficient methods need to be adopted. Thus, machine control systems have a prominent role to play at construction sites in developing countries to ensure safety and quality excellence.
Challenge: Sustaining reliability and accuracy in data provided by machine control systems based on GNSS technology
In industries such as construction and agriculture, drilling and piling, paving, grading, and construction positioning solutions, among many others, require advanced machine-guided technology in which 3D view and GNSS satellite technologies are utilized for effective operations. These machine control systems use GNSS to receive electromagnetic waves from satellites and are vulnerable to failures due to electromagnetic pulse (EMP) and radio interference. Thus, the challenge for the GNSS technology is to maintain the reliability of machine control systems for the reception of accurate satellite signals, which curtails affecting the market growth.
GNSS is expected to grow at the highest CAGR during the forecast period.
GNSS, used with various other construction equipment, such as dozers, excavators, and scrapers, significantly helps in efficient surveying and positioning in harsh environments. These systems are largely preferred in a variety of applications, including construction sites, mining plants, or infrastructure projects, due to their high point machine guidance.
Excavators are expected to account for the largest share of the market during the forecast period.
Excavators usually have a control system mounted on them to enhance flexibility, accuracy, and efficiency at the construction site. Companies such as Trimble (US) and Hexagon (Switzerland) offer excavators installed with 2D and 3D control systems or grade control systems. Advanced 3D guidance systems equipped with GNSS technology guide operators with design information and real-time cut/fill indications are displayed on the control panel. This increases productivity and flexibility while reducing excavation costs and rework time. The market for excavators is largely driven by advantages such as being faster, more precise, and more efficient excavation equipment compared to other equipment types.
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The machine control system market in Asia Pacific is projected to grow at the highest CAGR during the forecast period.
Asia Pacific is likely to be the fastest-growing region in the machine control system market. The dominance of the market is attributed to the increasing infrastructure, commercial, and industrial projects in emerging countries such as China, Japan, India, and South Korea. The aging infrastructure of these countries, such as bridges, roads, sewage systems, and tunnels, are being constantly modified and worked upon with the help of various machine control equipment, such as excavators, scrapers, paving systems, and dozers. However, the market in Asia Pacific is expected to see a dip owing to the halt of both ongoing as well as new infrastructure and construction projects due to COVID-19. With the operations gradually resuming, the demand for machine control systems used in such projects may increase with time in the coming years, along with an economic recovery.
Key Market Players
The machine control system players have implemented various types of organic as well as inorganic growth strategies, such as product launches, product developments, partnerships and, collaborations, to strengthen their offerings in the market. The major players are Topcon (Japan), Trimble (US), Hexagon (Sweden), MOBA Mobile Automation (Germany), Hemisphere GNSS (US), Komatsu (Japan), Caterpillar (US), Volvo Construction Equipment (Sweden), and Eos Positioning Systems (US).
The study includes an in-depth competitive analysis of these key players in the machine control system market with their company profiles, recent developments, and key market strategies.
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- Latest News, Updates & Trend analysis
|
Report Metric |
Details |
|
Years considered |
20182027 |
|
Base year considered |
2021 |
|
Forecast period |
20222027 |
|
Forecast units |
Value (USD million) |
|
Segments covered |
Type, Equipment, Vertical, and Geography |
|
Regions covered |
North America, Asia Pacific, Europe, and Rest of World |
|
Companies covered |
Topcon (Japan), Trimble (US), Hexagon (Switzerland), MOBA Mobile Automation (Germany), Hemisphere GNSS (US), and Eos Positioning Systems (US). A total of 25 players covered. |
In this report, the overall machine control system market has been segmented based on type, equipment, vertical, and region.
By Type
- Total Stations
- Global Navigation Satellite Systems (GNSS)
- Laser Scanners
- Sensors
By Equipment
- Excavators
- Loaders
- Graders
- Dozers
- Scrapers
- Paving Systems
By Vertical
- Infrastructure
- Commercial
- Residential
- Industrial
By Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- Rest of Asia Pacific
- Rest of the World
- Middle East
- Saudi Arabia
- UAE
- Rest of Middle East
- Africa
- South America
- Middle East
Recent Developments
- In September 2021, Leica Geosystems introduced Leica Content Mapper, a new airborne imaging sensor used for large-scale content collection. With 40000 pixels of swath width, this latest generation camera provides the highest performance for content programs and images.
- In September 2021, Trimble launched the DA2 receiver, which enhances the performance of the Trimble Catalyst GNSS positioning services.
- In September 2021, Hitachi Construction Machinery launched an efficient range of excavators machinery, EX2000-7, which enhances efficiency, reliability, and durability. EX2000-7 reduces fuel consumption and has several hydraulic system improvements.
- In July 2021, Leica geosystems collaborated with hudding to launch its new 3d machine control solution for their backhoe loaders, named leica icon ixe3 3d. This machine is an excavators machine with higher productivity when working on individual projects or with a fleet of machines that uses 3d machine control and digital workflows.
Frequently Asked Questions (FAQ):
What is a machine control system?
The machine control systems are deployed to precisely position earthwork machinery based on the design model and help machine operators place the required equipment at the right location.
Who are the top 5 players in the machine control system market?
The major vendors operating in the machine control system market include Topcon, Trimble, Hexagon, MOBA Mobile Automation, and Hemisphere GNSS.
Which major countries are considered in the North American region?
The report includes an analysis of the US, Canada, and Mexico countries.
Which are the major verticals in which machine control systems are used?
Significant verticals for machine control system are infrastructure, commercial, residential, industrial .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 26)
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MACHINE CONTROL SYSTEM MARKET: SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 31)
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Key data from secondary resources
2.1.2.2 List of major secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key industry insights
2.1.3.3 Key data from primary sources
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market size using bottom-up approach (demand side)
FIGURE 3 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for arriving at market size by top-down approach (supply side)
FIGURE 4 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY THROUGH DEMAND-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.4.1 ASSUMPTIONS
FIGURE 7 ASSUMPTIONS OF RESEARCH STUDY
2.4.2 LIMITATIONS
2.4.3 RISK ASSESSMENT
FIGURE 8 RISK ASSESSMENT
3 EXECUTIVE SUMMARY (Page No. - 42)
FIGURE 9 MACHINE CONTROL SYSTEM MARKET: POST-COVID-19 SCENARIOS
3.1 REALISTIC SCENARIO
TABLE 1 MARKET, REALISTIC SCENARIO, 20222027 (USD MILLION)
3.2 PESSIMISTIC SCENARIO
TABLE 2 MARKET, PESSIMISTIC SCENARIO, 20222027 (USD MILLION)
3.3 OPTIMISTIC SCENARIO
TABLE 3 MARKET, OPTIMISTIC SCENARIO, 20222027 (USD MILLION)
FIGURE 10 GNSS TO EXHIBIT HIGHEST CAGR IN MACHINE CONTROL SYSTEM MARKET DURING 20222027
FIGURE 11 EXCAVATORS TO ACCOUNT FOR LARGEST SIZE OF MARKET DURING 20222027
FIGURE 12 INFRASTRUCTURE VERTICAL DOMINATED MARKET IN 2021
FIGURE 13 ASIA PACIFIC MARKET TO REGISTER HIGHEST CAGR DURING 20222027
4 PREMIUM INSIGHTS (Page No. - 47)
4.1 ASIA PACIFIC TO PROVIDE LUCRATIVE OPPORTUNITIES FOR MACHINE CONTROL SYSTEM MARKET
FIGURE 14 ATTRACTIVE GROWTH OPPORTUNITIES IN MACHINE CONTROL SYSTEM MARKET
4.2 MACHINE CONTROL SYSTEM MARKET, BY TYPE
FIGURE 15 GNSS TO ACCOUNT FOR LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD
4.3 MACHINE CONTROL SYSTEM MARKET, BY EQUIPMENT
FIGURE 16 EXCAVATORS TO ACCOUNT FOR LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET IN 2027
4.4 MACHINE CONTROL SYSTEM MARKET, BY REGION
FIGURE 17 MARKET TO GROW AT HIGHEST CAGR IN CHINA FROM 2022 TO 2027
5 MARKET OVERVIEW (Page No. - 49)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Elimination of bulk earthworks setout and survey pegging
5.2.1.2 Requirement of faster work and maximum efficiency in tightly scheduled infrastructure projects
5.2.1.3 Safety concerns associated with workers and heavy construction machinery
5.2.1.4 Anticipated demand from growing construction industry
FIGURE 19 GROWTH IN INFRASTRUCTURE CONSTRUCTION, 20202030
FIGURE 20 MACHINE CONTROL SYSTEM MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Decrease in demand for machine control systems due to COVID-19 outbreak
5.2.2.2 Requirement of high initial investment
5.2.2.3 Lack of essential technical expertise
FIGURE 21 MACHINE CONTROL SYSTEM MARKET: IMPACT ANALYSIS OF RESTRAINTS AND CHALLENGES
5.2.3 OPPORTUNITIES
5.2.3.1 Rising trend of 3D modeling and scanning across industries
5.2.3.2 Increasing demand for machine-guided technologies in emerging nations in Asia Pacific
FIGURE 22 MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Sustaining reliability and accuracy in data provided by machine control systems based on GNSS technology
FIGURE 23 MACHINE CONTROL SYSTEM MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 24 VALUE CHAIN ANALYSIS OF MACHINE CONTROL SYSTEM MARKET
5.4 ECOSYSTEM ANALYSIS
FIGURE 25 ECOSYSTEM
TABLE 4 MACHINE CONTROL SYSTEM MARKET: ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS
FIGURE 26 REVENUE SHIFT FOR MACHINE CONTROL SYSTEM MARKET
5.6 PORTERS FIVE FORCES ANALYSIS
TABLE 5 MARKET: PORTERS FIVE FORCES ANALYSIS
5.7 CASE STUDIES
TABLE 6 ASSESSMENT OF GNSS RECEIVER FROM EOS POSITIONING SYSTEMS
TABLE 7 USE OF TOTAL STATIONS IN LARGE CONSTRUCTION PROJECTS
5.8 TECHNOLOGY ANALYSIS
5.8.1 IOT
5.8.2 MACHINE LEARNING
5.8.3 ARTIFICIAL INTELLIGENCE
5.9 PRICING ANALYSIS
TABLE 8 APPROXIMATE AVERAGE SELLING PRICE OF CONSTRUCTION EQUIPMENT
5.10 TRADE ANALYSIS
5.10.1 IMPORTS SCENARIO
FIGURE 27 IMPORTS, BY KEY COUNTRY, 20162020 (USD MILLION)
5.10.2 EXPORTS SCENARIO
FIGURE 28 EXPORTS, BY KEY COUNTRY, 20162020 (USD MILLION)
5.11 PATENTS ANALYSIS
FIGURE 29 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 9 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS
FIGURE 30 NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 2021
TABLE 10 SOME NOTABLE PATENTS RELATED TO MACHINE CONTROL SYSTEM MARKET, 2021
5.12 REGULATORY LANDSCAPE
TABLE 11 STANDARDS FOR MACHINE CONTROL SYSTEMS
TABLE 12 REGULATIONS FOR CONSTRUCTION EQUIPMENT
6 OFFERINGS AND LATEST TRENDS IN MACHINE CONTROL SYSTEM MARKET (Page No. - 71)
6.1 INTRODUCTION
6.2 OFFERINGS IN MACHINE CONTROL SYSTEM MARKET
FIGURE 31 OFFERINGS IN MACHINE CONTROL SYSTEM MARKET
6.2.1 HARDWARE
6.2.2 SOFTWARE
6.2.3 SERVICES
6.3 LATEST TRENDS IN MARKET
6.3.1 UNMANNED AERIAL VEHICLES (UAV)
6.3.2 AUGMENTED REALITY (AR)
6.3.3 AIRBORNE SYSTEMS
7 MACHINE CONTROL SYSTEM MARKET, BY TYPE (Page No. - 74)
7.1 INTRODUCTION
FIGURE 32 MACHINE CONTROL SYSTEM MARKET, BY TYPE
FIGURE 33 GNSS TO HOLD LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD
TABLE 13 MARKET, BY TYPE, 20182021 (USD MILLION)
TABLE 14 MARKET, BY TYPE, 20222027 (USD MILLION)
7.2 TOTAL STATIONS
7.2.1 TOTAL STATIONS HAVE SIGNIFICANT DEMAND IN COMMERCIAL CONSTRUCTION AND INFRASTRUCTURE PROJECTS
TABLE 15 MARKET FOR TOTAL STATIONS, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 16 MARKET FOR TOTAL STATIONS, BY EQUIPMENT, 20222027 (USD MILLION)
7.3 GLOBAL NAVIGATION SATELLITE SYSTEMS (GNSS)
7.3.1 GNSS PROVIDES MORE ACCURACY AND REDUCTION IN CONVERGENCE TIME
TABLE 17 MARKET FOR GNSS, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 18 MARKET FOR GNSS, BY EQUIPMENT, 20222027 (USD MILLION)
7.4 LASER SCANNERS
7.4.1 3D LASER SCANNERS ARE PREFERRED OVER OTHER SURVEYING INSTRUMENTS OWING TO HIGH ACCURACY
TABLE 19 TOTAL STATIONS VS. 3D LASER SCANNERS
TABLE 20 MARKET FOR LASER SCANNERS, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 21 MARKET FOR LASER SCANNERS, BY EQUIPMENT, 20222027 (USD MILLION)
7.5 SENSORS
7.5.1 POSITIONING SENSORS REDUCE PROCESSING TIME FOR MACHINE CONTROL SYSTEMS
TABLE 22 MARKET FOR SENSORS, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 23 MARKET FOR SENSORS, BY EQUIPMENT, 20222027 (USD MILLION)
8 MACHINE CONTROL SYSTEM MARKET, BY EQUIPMENT (Page No. - 83)
8.1 INTRODUCTION
FIGURE 34 MARKET, BY EQUIPMENT
FIGURE 35 EXCAVATORS TO ACCOUNT FOR LARGEST SIZE OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD
TABLE 24 MARKET, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 25 MARKET, BY EQUIPMENT, 20222027 (USD MILLION)
8.2 EXCAVATORS
8.2.1 EXCAVATORS PROVIDE MAJOR SUPPORT IN UNDERGROUND CONSTRUCTION ACTIVITIES
TABLE 26 MARKET FOR EXCAVATORS, BY REGION, 20182021 (USD MILLION)
TABLE 27 MARKET FOR EXCAVATORS, BY REGION, 20222027 (USD MILLION)
TABLE 28 MARKET FOR EXCAVATORS, BY TYPE, 20182021 (USD MILLION)
TABLE 29 MARKET FOR EXCAVATORS, BY TYPE, 20222027 (USD MILLION)
8.3 LOADERS
8.3.1 LOADERS ARE USEFUL IN MOVING CONSTRUCTION MATERIALS AND DEMOLITION REMAINS
FIGURE 36 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET FOR LOADERS IN 2022
TABLE 30 MARKET FOR LOADERS, BY REGION, 20182021 (USD MILLION)
TABLE 31 MARKET FOR LOADERS, BY REGION, 20222027 (USD MILLION)
TABLE 32 MARKET FOR LOADERS, BY TYPE, 20182021 (USD MILLION)
TABLE 33 MARKET FOR LOADERS, BY TYPE, 20222027 (USD MILLION)
8.4 GRADERS
8.4.1 GRADERS INCREASE EFFICIENCY AND REDUCE OPERATING COSTS IN LANDSCAPING
TABLE 34 MARKET FOR GRADERS, BY REGION, 20182021 (USD MILLION)
TABLE 35 MARKET FOR GRADERS, BY REGION, 20222027 (USD MILLION)
TABLE 36 MARKET FOR GRADERS, BY TYPE, 20182021 (USD MILLION)
TABLE 37 MARKET FOR GRADERS, BY TYPE, 20222027 (USD MILLION)
8.5 DOZERS
8.5.1 DOZERS ARE WIDELY USED CONSTRUCTION EQUIPMENT IN SEVERAL PROJECTS
FIGURE 37 MARKET FOR DOZERS TO GROW AT HIGHEST CAGR IN ASIA PACIFIC DURING 20222027
TABLE 38 MARKET FOR DOZERS, BY REGION, 20182021 (USD MILLION)
TABLE 39 MARKET FOR DOZERS, BY REGION, 20222027 (USD MILLION)
TABLE 40 MARKET FOR DOZERS, BY TYPE, 20182021 (USD MILLION)
TABLE 41 MARKET FOR DOZERS, BY TYPE, 20222027 (USD MILLION)
8.6 SCRAPERS
8.6.1 SCRAPERS PROVIDES MORE MATERIAL MOVEMENT PER MINUTE
TABLE 42 MARKET FOR SCRAPERS, BY REGION, 20182021 (USD MILLION)
TABLE 43 MARKET FOR SCRAPERS, BY REGION, 20222027 (USD MILLION)
TABLE 44 MARKET FOR SCRAPERS, BY TYPE, 20182021 (USD MILLION)
TABLE 45 MARKET FOR SCRAPERS, BY TYPE, 20222027 (USD MILLION)
8.7 PAVING SYSTEMS
8.7.1 MACHINE CONTROL SYSTEMS OFFER MORE EFFICIENT WORKING OPERATION OF PAVING SYSTEMS
FIGURE 38 GNSS TO DOMINATE MACHINE CONTROL SYSTEM MARKET FOR PAVING SYSTEMS DURING 2022-2027
TABLE 46 MARKET FOR PAVING SYSTEMS, BY REGION, 20182021 (USD MILLION)
TABLE 47 MARKET FOR PAVING SYSTEMS, BY REGION, 20222027 (USD MILLION)
TABLE 48 MARKET FOR PAVING SYSTEMS, BY TYPE, 20182021 (USD MILLION)
TABLE 49 MARKET FOR PAVING SYSTEMS, BY TYPE, 20222027 (USD MILLION)
9 MACHINE CONTROL SYSTEM MARKET, BY VERTICAL (Page No. - 99)
9.1 INTRODUCTION
FIGURE 39 MACHINE CONTROL MARKET, BY VERTICAL
FIGURE 40 INFRASTRUCTURE TO ACCOUNT FOR LARGEST SIZE OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD
TABLE 50 MARKET, BY VERTICAL, 20182021 (USD MILLION)
TABLE 51 MARKET, BY VERTICAL, 20222027 (USD MILLION)
9.2 INFRASTRUCTURE
9.2.1 INFRASTRUCTURE SECTOR TO NOTABLY CONTRIBUTE TO OVERALL MARKET
TABLE 52 MARKET FOR INFRASTRUCTURE, BY REGION, 20182021 (USD MILLION)
TABLE 53 MARKET FOR INFRASTRUCTURE, BY REGION, 20222027 (USD MILLION)
TABLE 54 MARKET FOR INFRASTRUCTURE, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 55 MARKET FOR INFRASTRUCTURE, BY EQUIPMENT, 20222027 (USD MILLION)
9.3 COMMERCIAL
9.3.1 ASIA PACIFIC CONTRIBUTES SIGNIFICANTLY TO MARKET GROWTH FOR COMMERCIAL VERTICAL
FIGURE 41 MARKET FOR COMMERCIAL TO GROW AT HIGHEST RATE IN ASIA PACIFIC DURING FORECAST PERIOD
TABLE 56 MARKET FOR COMMERCIAL, BY REGION, 20182021 (USD MILLION)
TABLE 57 MARKET FOR COMMERCIAL, BY REGION, 20222027 (USD MILLION)
TABLE 58 MARKET FOR COMMERCIAL, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 59 MARKET FOR COMMERCIAL, BY EQUIPMENT, 20222027 (USD MILLION)
9.4 RESIDENTIAL
9.4.1 EXCAVATORS ARE MAJORLY USED IN RESIDENTIAL PROJECTS
TABLE 60 MARKET FOR RESIDENTIAL, BY REGION, 20182021 (USD MILLION)
TABLE 61 MARKET FOR RESIDENTIAL, BY REGION, 20222027 (USD MILLION)
TABLE 62 MARKET FOR RESIDENTIAL, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 63 MARKET FOR RESIDENTIAL, BY EQUIPMENT, 20222027 (USD MILLION)
9.5 INDUSTRIAL
9.5.1 RISING INVESTMENTS IN MINING INDUSTRY TO SUPPORT MARKET GROWTH IN INDUSTRIAL VERTICAL
FIGURE 42 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET FOR COMMERCIAL DURING FORECAST PERIOD
TABLE 64 MARKET FOR INDUSTRIAL, BY REGION, 20182021 (USD MILLION)
TABLE 65 MARKET FOR INDUSTRIAL, BY REGION, 20222027 (USD MILLION)
TABLE 66 MARKET FOR INDUSTRIAL, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 67 MARKET FOR INDUSTRIAL, BY EQUIPMENT, 20222027 (USD MILLION)
10 GEOGRAPHIC ANALYSIS (Page No. - 111)
10.1 INTRODUCTION
FIGURE 43 CHINA TO GROW AT HIGHEST CAGR BETWEEN 20222027
TABLE 68 MARKET, BY REGION, 20182021 (USD MILLION)
TABLE 69 MARKET, BY REGION, 20222027 (MILLION)
10.2 NORTH AMERICA
FIGURE 44 SNAPSHOT OF MACHINE CONTROL SYSTEM MARKET IN NORTH AMERICA
TABLE 70 MARKET IN NORTH AMERICA, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 71 MARKET IN NORTH AMERICA, BY EQUIPMENT, 20222027 (USD MILLION)
TABLE 72 MARKET IN NORTH AMERICA, BY VERTICAL, 20182021 (USD MILLION)
TABLE 73 MARKET IN NORTH AMERICA, BY VERTICAL, 20222027 (USD MILLION)
TABLE 74 MARKET IN NORTH AMERICA, BY COUNTRY, 20182021 (MILLION)
TABLE 75 MARKET IN NORTH AMERICA, BY COUNTRY, 20222027 (MILLION)
10.2.1 US
10.2.1.1 High investments in infrastructure developments to propel growth of market in US
10.2.2 CANADA
10.2.2.1 Market in Canada majorly driven by mining industry
10.2.3 MEXICO
10.2.3.1 Growing construction industry with government support to drive demand from machine control market in Mexico
10.3 EUROPE
FIGURE 45 SNAPSHOT OF MACHINE CONTROL SYSTEM MARKET IN EUROPE
TABLE 76 MARKET IN EUROPE, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 77 MARKET IN EUROPE, BY EQUIPMENT, 20222027 (USD MILLION)
TABLE 78 MARKET IN EUROPE, BY VERTICAL, 20182021 (USD MILLION)
TABLE 79 MARKET IN EUROPE, BY VERTICAL, 20222027 (USD MILLION)
TABLE 80 MARKET IN EUROPE, BY COUNTRY, 20182021 (MILLION)
TABLE 81 MARKET IN EUROPE, BY COUNTRY, 20222027 (MILLION)
10.3.1 GERMANY
10.3.1.1 Germany to hold significant share of machine control system market
10.3.2 UK
10.3.2.1 Energy-efficient buildings to drive market for machine control systems in UK
10.3.3 FRANCE
10.3.3.1 Governments interest and investments in construction industry to significantly support machine control market for France
10.3.4 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 46 SNAPSHOT OF MACHINE CONTROL SYSTEM MARKET IN ASIA PACIFIC
TABLE 82 MARKET IN ASIA PACIFIC, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 83 MARKET IN ASIA PACIFIC, BY EQUIPMENT, 20222027 (USD MILLION)
TABLE 84 MARKET IN ASIA PACIFIC, BY VERTICAL, 20182021 (USD MILLION)
TABLE 85 MARKET IN ASIA PACIFIC, BY VERTICAL, 20222027 (USD MILLION)
TABLE 86 MARKET IN ASIA PACIFIC, BY COUNTRY, 20182021 (MILLION)
TABLE 87 MARKET IN ASIA PACIFIC, BY COUNTRY, 20222027 (MILLION)
10.4.1 CHINA
10.4.1.1 China holds largest share of machine control system market in Asia Pacific
10.4.2 JAPAN
10.4.2.1 Growth in residential and infrastructure markets are expected to drive machine control system market in Japan
10.4.3 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
TABLE 88 MARKET IN REST OF THE WORLD, BY EQUIPMENT, 20182021 (USD MILLION)
TABLE 89 MARKET IN REST OF THE WORLD, BY EQUIPMENT, 20222027 (USD MILLION)
TABLE 90 MARKET IN REST OF THE WORLD, BY VERTICAL, 20182021 (USD MILLION)
TABLE 91 MARKET IN REST OF THE WORLD, BY VERTICAL, 20222027 (USD MILLION)
TABLE 92 MARKET IN REST OF THE WORLD, BY REGION, 20182021 (MILLION)
TABLE 93 MARKET IN REST OF THE WORLD, BY REGION, 20222027 (MILLION)
10.5.1 MIDDLE EAST
TABLE 94 MARKET IN MIDDLE EAST, BY COUNTRY, 20182021 (USD MILLION)
TABLE 95 MARKET IN MIDDLE EAST, BY COUNTRY, 20222027 (USD MILLION)
10.5.1.1 Saudi Arabia
10.5.1.2 UAE
10.5.1.3 Rest of Middle East
10.5.2 AFRICA
10.5.2.1 Increasing focus on modernization of infrastructure to boost growth of market
10.5.3 SOUTH AMERICA
10.5.3.1 Growth in construction of residential and commercial buildings to drive market for machine control systems in South America
11 COMPETITIVE LANDSCAPE (Page No. - 131)
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/ RIGHT TO WIN
TABLE 96 OVERVIEW OF STRATEGIES ADOPTED BY MACHINE CONTROL SYSTEM VENDORS
11.3 REVENUE ANALYSIS OF TOP COMPANIES
FIGURE 47 5-YEAR REVENUE ANALYSIS OF TOP PLAYERS
11.4 MARKET SHARE ANALYSIS (2021)
TABLE 97 MACHINE CONTROL SYSTEM MARKET: MARKET SHARE ANALYSIS (2021)
11.5 COMPANY EVALUATION QUADRANT, 2021
11.5.1 STAR
11.5.2 PERVASIVE
11.5.3 EMERGING LEADER
11.5.4 PARTICIPANT
FIGURE 48 MACHINE CONTROL SYSTEM MARKET (GLOBAL) COMPANY EVALUATION QUADRANT, 2021
11.6 SMALL AND MEDIUM ENTERPRISES (SME) EVALUATION QUADRANT, 2021
11.6.1 PROGRESSIVE
11.6.2 RESPONSIVE
11.6.3 DYNAMIC
11.6.4 STARTING BLOCK
FIGURE 49 MACHINE CONTROL SYSTEM MARKET (GLOBAL) SME EVALUATION QUADRANT, 2021
11.7 MACHINE CONTROL SYSTEM MARKET: COMPANY FOOTPRINT
TABLE 98 COMPANY FOOTPRINT
TABLE 99 COMPANY VERTICAL FOOTPRINT
TABLE 100 COMPANY PRODUCT TYPE FOOTPRINT
TABLE 101 COMPANY REGION FOOTPRINT
11.8 MACHINE CONTROL SYSTEM MARKET: SME MATRIX
TABLE 102 MACHINE CONTROL SYSTEM MARKET: DETAILED LIST OF KEYS STARTUP/SMES
TABLE 103 MACHINE CONTROL SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES
11.9 COMPETITIVE SCENARIO
11.9.1 PRODUCT LAUNCHES
TABLE 104 MACHINE CONTROL SYSTEM MARKET: PRODUCT LAUNCHES, 2020−2021
11.9.2 DEALS
TABLE 105 MACHINE CONTROL SYSTEM MARKET: DEALS, 2020−2021
12 COMPANY PROFILES (Page No. - 146)
12.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
12.1.1 MACHINE CONTROL SYSTEM PROVIDERS
12.1.1.1 Hexagon (Leica Geosystems)
TABLE 106 HEXAGON (LEICA GEOSYSTEMS): BUSINESS OVERVIEW
FIGURE 50 HEXAGON (LEICA GEOSYSTEMS): COMPANY SNAPSHOT
TABLE 107 LEICA GEOSYSTEMS: PRODUCT LAUNCHES
TABLE 108 LEICA GEOSYSTEMS: DEALS
12.1.1.2 Trimble
TABLE 109 TRIMBLE: BUSINESS OVERVIEW
FIGURE 51 TRIMBLE: COMPANY SNAPSHOT
TABLE 110 TRIMBLE: PRODUCT LAUNCHES
12.1.1.3 Topcon
TABLE 111 TOPCON: BUSINESS OVERVIEW
FIGURE 52 TOPCON: COMPANY SNAPSHOT
TABLE 112 TOPCON: PRODUCT LAUNCHES
TABLE 113 TOPCON: DEALS
12.1.1.4 MOBA Mobile Automation
TABLE 114 MOBA MOBILE AUTOMATION: BUSINESS OVERVIEW
12.1.1.5 Hemisphere GNSS
TABLE 115 HEMISPHERE GNSS: BUSINESS OVERVIEW
12.1.1.6 James Fisher Prolec
TABLE 116 JAMES FISHER PROLEC: BUSINESS OVERVIEW
TABLE 117 JAMES FISHER PROLEC: DEALS
12.1.1.7 Eos Positioning Systems
TABLE 118 EOS POSITIONING: BUSINESS OVERVIEW
TABLE 119 EOS POSITIONING: PRODUCT LAUNCHES
12.1.2 CONSTRUCTION EQUIPMENT PROVIDERS
12.1.2.1 Komatsu
TABLE 120 KOMATSU: BUSINESS OVERVIEW
FIGURE 53 KOMATSU: COMPANY SNAPSHOT
TABLE 121 KOMATSU: PRODUCT LAUNCHES
TABLE 122 KOMATSU: DEALS
12.1.2.2 Caterpillar
TABLE 123 CATERPILLAR: BUSINESS OVERVIEW
FIGURE 54 CATERPILLAR: COMPANY SNAPSHOT
12.1.2.3 Volvo Construction Equipment
TABLE 124 VOLVO CONSTRUCTION EQUIPMENT: BUSINESS OVERVIEW
FIGURE 55 VOLVO CONSTRUCTION EQUIPMENT: COMPANY SNAPSHOT
TABLE 125 VOLVO CONSTRUCTION COMPANY: PRODUCT LAUNCHES
12.1.2.4 Liebherr Group
TABLE 126 LIEBHERR GROUP: BUSINESS OVERVIEW
FIGURE 56 LIEBHERR GROUP: COMPANY SNAPSHOT
TABLE 127 LIEBHERR GROUP: OTHERS
12.1.2.5 JCB
TABLE 128 JCB: BUSINESS OVERVIEW
TABLE 129 JCB: PRODUCT LAUNCHES
12.1.2.6 Kobelco Construction Machinery
TABLE 130 KOBELCO CONSTRUCTION MACHINERY: BUSINESS OVERVIEW
12.1.2.7 Hitachi Construction Machinery
TABLE 131 HITACHI CONSTRUCTION MACHINERY: BUSINESS OVERVIEW
FIGURE 57 HITACHI CONSTRUCTION MACHINERY: COMPANY SNAPSHOT
TABLE 132 HITACHI CONSTRUCTION COMPANY: PRODUCT LAUNCHES
12.1.2.8 Hyundai Construction Equipment
TABLE 133 HYUNDAI CONSTRUCTION EQUIPMENT: BUSINESS OVERVIEW
FIGURE 58 HYUNDAI CONSTRUCTION EQUIPMENT: COMPANY SNAPSHOT
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 HI-TARGET SURVEYING INSTRUMENT
TABLE 134 HI-TARGET SURVEYING INSTRUMENT: COMPANY OVERVIEW
12.2.2 TI ASAHI
TABLE 135 TI ASAHI: COMPANY OVERVIEW
12.2.3 STONEX
TABLE 136 STONEX: COMPANY OVERVIEW
12.2.4 SOUTH SURVEYING & MAPPING TECHNOLOGY
TABLE 137 SOUTH SURVEYING & MAPPING TECHNOLOGY: COMPANY OVERVIEW
12.2.5 NORTH GROUP
TABLE 138 NORTH GROUP: COMPANY OVERVIEW
12.2.6 XIAMEN XGMA MACHINERY
TABLE 139 XIAMEN XGMA MACHINERY: COMPANY OVERVIEW
12.2.7 KATO WORKS
TABLE 140 KATO WORKS: COMPANY OVERVIEW
12.2.8 HIAB
TABLE 141 HIAB: COMPANY OVERVIEW
12.2.9 TAKEUCHI MANUFACTURING
TABLE 142 TAKEUCHI MANUFACTURING: COMPANY OVERVIEW
12.2.10 CASE CONSTRUCTION EQUIPMENT
TABLE 143 CASE CONSTRUCTION EQUIPMENT: COMPANY OVERVIEW
13 ADJACENT AND RELATED MARKET (Page No. - 192)
13.1 GEOGRAPHIC INFORMATION SYSTEM MARKET
13.2 INTRODUCTION
FIGURE 59 GEOGRAPHIC INFORMATION SYSTEM MARKET, BY FUNCTION
FIGURE 60 MAPPING FUNCTION TO HOLD LARGEST SIZE OF GIS MARKET IN 2025
TABLE 144 GEOGRAPHIC INFORMATION SYSTEM MARKET, BY FUNCTION, 20182025 (USD BILLION)
TABLE 145 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR MAPPING FUNCTION, BY INDUSTRY, 20182025 (USD MILLION)
TABLE 146 GEOGRAPHIC INFORMATION SYSTEM MARKET, FOR SURVEYING FUNCTION, BY INDUSTRY, 20182025 (USD MILLION)
TABLE 147 GEOGRAPHIC INFORMATION SYSTEM MARKET, FOR TELEMATICS AND NAVIGATION FUNCTION, BY INDUSTRY, 20182025 (USD MILLION)
TABLE 148 GEOGRAPHIC INFORMATION SYSTEM MARKET, FOR LOCATION-BASED SERVICES, BY INDUSTRY, 20182025 (USD MILLION)
13.3 MAPPING
13.3.1 REMOTE SENSING AND LIDAR TECHNOLOGIES TO DRIVE GIS MARKET FOR MAPPING
13.4 SURVEYING
13.4.1 MARKET FOR SURVEYING FUNCTION TO WITNESS CONSIDERABLE GROWTH DURING FORECAST PERIOD
13.5 TELEMATICS AND NAVIGATION
13.5.1 ADOPTION OF ITS AND IVHS TO INCREASE DEMAND FOR GIS-BASED TELEMATICS AND NAVIGATION SERVICES
13.6 LOCATION-BASED SERVICES
13.6.1 RAPID EVOLUTION OF SMARTPHONES AND AVAILABILITY OF FAST WIRELESS INTERNET CONNECTIVITY TO FURTHER DRIVE GROWTH OF MARKET FOR LBS DURING FORECAST PERIOD
14 APPENDIX (Page No. - 198)
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
The study involves four major activities for estimating the size of the machine control system market. Exhaustive secondary research has been conducted to collect information related to the market. The next step has been the validation of these findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches have been employed to estimate the overall size of the machine control system market. After that, market breakdown and data triangulation procedures have been used to determine the extent of different segments and subsegments of the market.
Secondary Research
Secondary sources referred to in this research study include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers, certified publications, articles from recognized authors; directories; and databases. The secondary data has been collected and analyzed to arrive at the overall market size estimations, which has been further validated by primary research.
Primary Research
In the primary research process, a number of primary sources from both supply and demand sides have been interviewed to obtain the qualitative and quantitative information pertaining to this report. Several primary interviews have been conducted with market experts from both demand (agriculture and construction companies) and supply sides (machine control system manufacturers and distributors). This primary data has been collected through questionnaires, emails, and telephonic interviews. Approximately 25% of the primary interviews have been conducted with the demand side and 75% with the supply side. This primary data has been collected mainly through telephonic interviews, which accounted for 80% of the total primary interviews. Additionally, questionnaires and emails were used to collect the data.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been implemented, along with several data triangulation methods, to estimate and validate the size of the machine control system market and other dependent submarkets listed in this report.
- The key players in the industry and markets have been identified through extensive secondary research.
- Both the supply chain of the industry and the market size, in terms of value, have been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size, the total market has been split into several segments. To complete the overall market engineering process and arrive at exact statistics for all segments, the market breakdown and data triangulation procedures have been employed wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives
- To describe and forecast the machine control system market, in terms of value, by type, equipment, and vertical
- To describe and forecast the market, in terms of value, for four main regions: North America, Europe, Asia Pacific, and Rest of the World
- To provide detailed information regarding the major drivers, restraints, opportunities, and challenges influencing the growth of the market
- To study and analyze the impact of COVID-19 on the market during the forecast period
- To study the complete value chain of the machine control system market ecosystem, along with market trends and use cases
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall machine control system market
- To profile key players and comprehensively analyze their market position in terms of revenue and core competencies
- To provide a detailed competitive landscape of the market
- To analyze competitive developments such as agreements, partnerships, collaborations, product launches, and ongoing R&D in the market
- To benchmark market players using the Company Evaluation Quadrant, which includes an analysis of the market players on the basis of various parameters within the product footprint and market share/rank
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company's specific needs. The following customization options are available for this report:
- Company Information: Detailed analysis and profiling of additional five market players
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Machine Control System Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Machine Control System Market