Machine Control System Market with COVID-19 impact Analysis by Type (Total Stations, GNSSs, Laser Scanners, Sensors), Equipment (Excavators, Loaders, Graders, Dozers, Scrapers, Paving Systems), Vertical, Region-Global Forecast to 2025
[196 Pages Report] The global machine control system market size was valued at USD 4.1 billion in 2020 and is projected to reach USD 5.6 billion by 2025; it is expected to grow at a CAGR of 6.3% from 2020 to 2025. The growth of the machine control system industry is majorly driven by the elimination of the need for bulk earthworks set out and survey pegging using machine control systems and the need for faster work and more efficiency during tighter timelines.
COVID-19 impact on the machine control system market
COVID-19 has emerged as a global pandemic that has spread across 215 countries worldwide and disrupted various industries around the world. The dynamics upon which various industries used to operate are set to change drastically. As the world continues to fight this crisis, multiple industries continue to experience a constant decline. With an increasing number of countries imposing and extending lockdowns, economic activities are likely to drop further, which will, in turn, impact the global economy. Furthermore, major verticals such as industrial, commercial, residential, and infrastructure in the COVID-19-impacted regions have been adversely affected in this scenario due to the shutdown of plants, disruption of the supply chain, and subsequent decline in the demand for products and solutions offered by these industries. Furthermore, the construction industry has been negatively impacted due to the shutdown of construction sites. Consequently, this may have a negative impact on the overall machine control system market as there might be less adoption of them by these industries in the short term.
Market Dynamics
Driver: Need for faster work and more efficiency during tighter timelines
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 APAC, 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: 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: Growing demand for machine- guided technologies in developing countries in APAC
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: Maintaining 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.
Exacavators are expected to account for the largest share of 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 Inc. (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.
The machine control system market in APAC is projected to grow at the highest CAGR during the forecast period.
APAC is likely to be the fastest-growing region in the 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 APAC 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 Ltd. (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.
Report Scope:
|
Report Metric |
Details |
|
Years considered |
20172025 |
|
Base year considered |
2019 |
|
Forecast period |
20202025 |
|
Forecast units |
Value (USD million), Volume (Units) |
|
Segments covered |
Type, Equipment, and Vertical |
|
Regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
Topcon (Japan), Trimble (US), Hexagon (Switzerland), MOBA Mobile Automation (Germany), Hemisphere GNSS (US), and Eos Positioning Systems (US). A total of 20 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
- APAC
- China
- Japan
- Rest of APAC
- Rest of the World
- Middle East and Africa
- South America
Recent Developments
- In April 2020, Trimble launched the Trimble Roadworks 2D Paving Control Platform for asphalt pavers, an automatic screed control system that improves the accuracy and productivity in the applications of asphalt paving.
- In March 2020, Leica Geosystems partnered with Zoomlion (China) for the development of integrated 2D as well as 3D machine control and guidance systems. The partnership will enable the integration of the Zoomlion Badger 215G excavator with Leica Geosystems machine control solutions for excavator guidance.
- In March 2020, Topcon announced advancements in its portfolio of machine control solutions that are designed to offer contractors with enhanced performance and profitability in earthmoving applications. The enhanced solutions include tilt rotator functionality for the Automatic Excavator system and mobile and Bring Your Own Device (BYOD) display options as significant developments in the current portfolio.
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 America 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
Does this report include the impact of COVID-19 on the streaming analytics market?
Yes, the report includes the impact of COVID-19 on the machine control system market. It illustrates the pre as well as post- COVID-19 market scenario. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 27)
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 PACKAGE SIZE
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 31)
2.1 RESEARCH DATA
FIGURE 1 RESEARCH DESIGN
2.2 SECONDARY AND PRIMARY RESEARCH
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary resources
2.2.2 PRIMARY DATA
2.2.2.1 Breakdown of primaries
2.2.2.2 Key data from primary sources
2.3 MARKET SIZE ESTIMATION
FIGURE 2 PROCESS FLOW OF MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 3 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 4 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR MACHINE CONTROL SYSTEM MARKET THROUGH DEMAND-SIDE ANALYSIS
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 42)
TABLE 1 MARKET: VALUE AND VOLUME, 20162019
TABLE 2 MARKET, VALUE AND VOLUME, 20202025
FIGURE 7 MARKET: PRE- AND POST-COVID-19 SCENARIOS
3.1 PRE-COVID-19 SCENARIO
TABLE 3 MARKET, PRE-COVID SCENARIO, 20202025 (USD MILLION)
3.2 REALISTIC SCENARIO
TABLE 4 MARKET, REALISTIC SCENARIO, 20202025 (USD MILLION)
3.3 PESSIMISTIC SCENARIO
TABLE 5 MARKET, PESSIMISTIC SCENARIO, 20202025 (USD MILLION)
3.4 OPTIMISTIC SCENARIO
TABLE 6 MARKET, OPTIMISTIC SCENARIO, 20202025 (USD MILLION)
FIGURE 8 GNSS TO EXHIBIT HIGHEST CAGR IN MARKET DURING 20202025
FIGURE 9 INFRASTRUCTURE VERTICAL TO DOMINATE MARKET DURING 20202025
FIGURE 10 EXCAVATORS TO ACCOUNT FOR LARGEST SIZE OF MARKET, IN TERMS OF VALUE (USD MILLION), DURING 20202025
FIGURE 11 APAC TO REGISTER HIGHEST CAGR IN MARKET, IN TERMS OF VALUE, DURING 20202025
4 PREMIUM INSIGHTS (Page No. - 48)
4.1 ATTRACTIVE OPPORTUNITIES IN MARKET
FIGURE 12 NEED FOR FASTER WORK AND MORE EFFICIENCY DURING TIGHTER TIMELESS TO DRIVE MARKET
4.2 MARKET, BY TYPE
FIGURE 13 GNSS TO ACCOUNT FOR LARGEST SIZE OF MARKET, DURING FORECAST PERIOD
4.3 MARKET, BY EQUIPMENT
FIGURE 14 EXCAVATORS TO ACCOUNT FOR LARGEST SIZE OF MARKET, BY 2025
4.4 MARKET, BY INDUSTRY (VOLUME IN UNITS)
FIGURE 15 INFRASTRUCTURE ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2019
4.5 MARKET, BY GEOGRAPHY
FIGURE 16 CHINA TO EXHIBIT HIGHEST CAGR IN MARKET IN FROM 2020 TO 2025
5 MARKET OVERVIEW (Page No. - 51)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Elimination of need for bulk earthworks set out and survey pegging using machine control systems
5.2.1.2 Need for faster work and more efficiency during tighter timelines
5.2.1.3 Safety concerns related to workers and heavy construction machinery
FIGURE 18 MACHINE CONTROL SYSTEM MARKET: IMPACT ANALYSIS OF DRIVERS AND OPPORTUNITIES
5.2.2 RESTRAINTS
5.2.2.1 Decline in demand for machine control systems due to COVID-19
5.2.2.2 High initial investments
5.2.2.3 Dearth of technical expertise
FIGURE 19 MARKET: IMPACT ANALYSIS OF RESTRAINTS AND CHALLENGES
5.2.3 OPPORTUNITIES
5.2.3.1 Requirement of automatic and contactless machine control systems due to COVID-19
5.2.3.2 Growing demand for machine-guided technologies in developing countries in APAC
5.2.4 CHALLENGES
5.2.4.1 Maintaining reliability and accuracy in data provided by machine control systems based on GNSS technology
5.2.5 IMPACT OF COVID-19 ON MARKET
6 MACHINE CONTROL SYSTEM MARKET, BY TYPE (Page No. - 57)
6.1 INTRODUCTION
FIGURE 20 MACHINE CONTROL SYSTEM MARKET, BY TYPE
FIGURE 21 GNSS TO ACCOUNT FOR LARGEST SIZE OF MARKET, IN TERMS OF VALUE, DURING FORECAST PERIOD
TABLE 7 MARKET, BY TYPE, 20162019 (UNITS)
TABLE 8 MARKET, BY TYPE, 20202025 (UNITS)
TABLE 9 MARKET, BY TYPE, 20162019 (USD MILLION)
TABLE 10 MARKET, BY TYPE, 20202020 (USD MILLION)
6.2 TOTAL STATIONS
6.2.1 TOTAL STATIONS USED FOR 3D GRADE CONTROL SYSTEMS
TABLE 11 MARKET FOR TOTAL STATIONS, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 12 MARKET FOR TOTAL STATIONS, BY EQUIPMENT, 20202025 (USD MILLION)
6.3 GLOBAL NAVIGATION SATELLITE SYSTEMS (GNSS)
6.3.1 GNSSMOST COMMONLY USED MACHINE CONTROL SYSTEM
FIGURE 22 GNSS USED IN EXCAVATORS TO ACCOUNT FOR LARGEST SIZE OF MARKET DURING FORECAST PERIOD
TABLE 13 MARKET FOR GNSS, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 14 MARKET FOR GNSS, BY EQUIPMENT, 20202025 (USD MILLION)
6.4 LASER SCANNERS
6.4.1 LASER SCANNERS MOSTLY USED TO PROVIDE ELEVATION CONTROL
TABLE 15 MARKET FOR LASER SCANNERS, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 16 MARKET FOR LASER SCANNERS, BY EQUIPMENT, 20202025 (USD MILLION)
6.5 SENSORS
6.5.1 ANGLE SENSORS AND ROTATIONAL SENSORS ARE USED FOR MACHINE CONTROL SYSTEM
FIGURE 23 SENSORS USED IN PAVING SYSTEMS TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 17 MARKET FOR SENSORS, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 18 MARKET FOR SENSORS, BY EQUIPMENT, 20202025 (USD MILLION)
7 MACHINE CONTROL SYSTEM MARKET, BY EQUIPMENT (Page No. - 66)
7.1 INTRODUCTION
FIGURE 24 MARKET, BY EQUIPMENT
FIGURE 25 EXCAVATORS TO ACCOUNT FOR LARGEST SIZE OF MARKET DURING FORECAST PERIOD
TABLE 19 MARKET, BY EQUIPMENT, 20162019 (UNITS)
TABLE 20 MARKET, BY EQUIPMENT, 20202025 (UNITS)
TABLE 21 MARKET, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 22 MARKET, BY EQUIPMENT, 20202025 (USD MILLION)
7.2 EXCAVATORS
7.2.1 EXCAVATORS USED FOR SEVERAL PURPOSES, SUCH AS DIGGING, MATERIAL HANDLING, FORESTRY WORK, DEMOLITION, AND GENERAL GRADING
TABLE 23 MARKET FOR EXCAVATORS, BY REGION, 20162019 (USD MILLION)
TABLE 24 MARKET FOR EXCAVATORS, BY REGION, 20202025 (USD MILLION)
TABLE 25 MARKET FOR EXCAVATORS, BY TYPE, 20162019 (USD MILLION)
TABLE 26 MARKET FOR EXCAVATORS, BY TYPE, 20202025 (USD MILLION)
7.3 LOADERS
7.3.1 LOADERS MOSTLY USED IN CONSTRUCTION TO MOVE CONSTRUCTION MATERIAL AND DEMOLITION REMAINS
FIGURE 26 APAC TO ACCOUNT FOR LARGEST SHARE OF MARKET FOR LOADERS IN 2020
TABLE 27 MARKET FOR LOADERS, BY REGION, 20162019 (USD MILLION)
TABLE 28 MARKET FOR LOADERS, BY REGION, 20202025 (USD MILLION)
TABLE 29 MARKET FOR LOADERS, BY TYPE, 20162019 (USD MILLION)
TABLE 30 MARKET FOR LOADERS, BY TYPE, 20202025 (USD MILLION)
7.4 GRADERS
7.4.1 GRADERS USED TO PRECISELY LEVEL GROUND
TABLE 31 MARKET FOR GRADERS, BY REGION, 20162019 (USD MILLION)
TABLE 32 MARKET FOR GRADERS, BY REGION, 20202025 (USD MILLION)
TABLE 33 MARKET FOR GRADERS, BY TYPE, 20162019 (USD MILLION)
TABLE 34 MARKET FOR GRADERS, BY TYPE, 20202025 (USD MILLION)
7.5 DOZERS
7.5.1 DOZERS USED IN MINES, QUARRIES, HEAVY INDUSTRIAL ENGINEERING PROJECTS, AND FARMS
FIGURE 27 APAC TO GROW AT HIGHEST CAGR OF MARKET FOR DOZERS DURING 20202025
TABLE 35 MARKET FOR DOZERS, BY REGION, 20162019 (USD MILLION)
TABLE 36 MARKET FOR DOZERS, BY REGION, 20202025 (USD MILLION)
TABLE 37 MARKET FOR DOZERS, BY TYPE, 20162019 (USD MILLION)
TABLE 38 MARKET FOR DOZERS, BY TYPE, 20202025 (USD MILLION)
7.6 SCRAPERS
7.6.1 SCRAPERS USED IN EARTHMOVING, MINING, CONSTRUCTION, AND AGRICULTURE APPLICATIONS
TABLE 39 MARKET FOR SCRAPPERS, BY REGION, 20162019 (USD MILLION)
TABLE 40 MARKET FOR SCRAPPERS, BY REGION, 20202025 (USD MILLION)
TABLE 41 MARKET FOR SCRAPPERS, BY TYPE, 20162019 (USD MILLION)
TABLE 42 MARKET FOR SCRAPPERS, BY TYPE, 20202025 (USD MILLION)
7.7 PAVING SYSTEMS
7.7.1 MACHINE CONTROL SYSTEMS FOR PAVING SYSTEMS COMPRISE SONIC SENSORS, SLOPE SENSORS, CONTACT SENSORS, 3D SLOPES, AND 3D ELEVATION CONTROL
FIGURE 28 GNSS USED IN PAVING SYSTEMS TO DOMINATE MARKET DURING 20202025
TABLE 43 MARKET FOR PAVING SYSTEMS, BY REGION, 20162019 (USD MILLION)
TABLE 44 MARKET FOR PAVING SYSTEMS, BY REGION, 20202025 (USD MILLION)
TABLE 45 MARKET FOR PAVING SYSTEMS, BY TYPE, 20162019 (USD MILLION)
TABLE 46 MARKET FOR PAVING SYSTEMS, BY TYPE, 20202025 (USD MILLION)
8 MACHINE CONTROL SYSTEM MARKET, BY VERTICAL (Page No. - 82)
8.1 INTRODUCTION
FIGURE 29 MARKET, BY VERTICAL
FIGURE 30 INFRASTRUCTURE TO ACCOUNT FOR LARGEST OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD
TABLE 47 MARKET, BY VERTICAL, 20162019 (UNITS)
TABLE 48 MARKET, BY VERTICAL, 20202025 (UNITS)
TABLE 49 MARKET, BY VERTICAL, 20162019 (USD MILLION)
TABLE 50 MARKET, BY VERTICAL, 20202025 (USD MILLION)
8.2 INFRASTRUCTURE
8.2.1 INFRASTRUCTURELARGEST VERTICAL FOR MARKET
TABLE 51 MARKET FOR INFRASTRUCTURE, BY REGION, 20162019 (USD MILLION)
TABLE 52 MARKET FOR INFRASTRUCTURE, BY REGION, 20202025 (USD MILLION)
TABLE 53 MARKET FOR INFRASTRUCTURE, BY NORTH AMERICA, 20162019 (USD MILLION)
TABLE 54 MARKET FOR INFRASTRUCTURE, BY NORTH AMERICA, 20202025 (USD MILLION)
TABLE 55 MARKET FOR INFRASTRUCTURE, BY APAC, 20162019 (USD MILLION)
TABLE 56 MARKET FOR INFRASTRUCTURE, BY APAC, 20202025 (USD MILLION)
TABLE 57 MARKET FOR INFRASTRUCTURE, BY EUROPE, 20162019 (MILLION)
TABLE 58 MARKET FOR INFRASTRUCTURE, BY EUROPE, 20202025 (MILLION)
TABLE 59 MARKET FOR INFRASTRUCTURE, BY ROW, 20162019 (USD MILLION)
TABLE 60 MARKET FOR INFRASTRUCTURE, BY ROW, 20202025 (USD MILLION)
8.3 COMMERCIAL
8.3.1 COMMERCIAL VERTICAL TO GROW AT FASTEST RATE IN MARKET
FIGURE 31 APAC TO GROW AT FASTEST RATE IN MARKET FOR COMMERCIAL DURING FORECAST PERIOD
TABLE 61 MARKET FOR COMMERCIAL, BY REGION, 20162019 (USD MILLION)
TABLE 62 MARKET FOR COMMERCIAL, BY REGION, 20202025 (USD MILLION)
TABLE 63 MARKET FOR COMMERCIAL, BY NORTH AMERICA, 20162019 (USD MILLION)
TABLE 64 MARKET FOR COMMERCIAL, BY NORTH AMERICA, 20202025 (USD MILLION)
TABLE 65 MARKET FOR COMMERCIAL, BY APAC, 20162019 (USD MILLION)
TABLE 66 MARKET FOR COMMERCIAL, BY APAC, 20202025 (USD MILLION)
TABLE 67 MARKET FOR COMMERCIAL, BY EUROPE, 20162019 (MILLION)
TABLE 68 MARKET FOR COMMERCIAL, BY EUROPE, 20202025 (MILLION)
TABLE 69 MARKET FOR COMMERCIAL, BY ROW, 20162019 (USD MILLION)
TABLE 70 MARKET FOR COMMERCIAL, BY ROW, 20202025 (USD MILLION)
8.4 RESIDENTIAL
8.4.1 RESIDENTIAL VERTICAL TO BE ADVERSELY IMPACTED BY COVID-19
TABLE 71 MARKET FOR RESIDENTIAL, BY REGION, 20162019 (USD MILLION)
TABLE 72 MARKET FOR RESIDENTIAL, BY REGION, 20202025 (USD MILLION)
TABLE 73 MARKET FOR RESIDENTIAL, BY NORTH AMERICA, 20162019 (MILLION)
TABLE 74 MARKET FOR RESIDENTIAL, BY NORTH AMERICA, 20202025 (USD MILLION)
TABLE 75 MARKET FOR RESIDENTIAL, BY APAC, 20162019 (USD MILLION)
TABLE 76 MARKET FOR RESIDENTIAL, BY APAC, 20202025 (USD MILLION)
TABLE 77 MARKET FOR RESIDENTIAL, BY EUROPE, 20162019 (MILLION)
TABLE 78 MARKET FOR RESIDENTIAL, BY EUROPE, 20202025 (MILLION)
TABLE 79 MARKET FOR RESIDENTIAL, BY ROW, 20162019 (USD MILLION)
TABLE 80 MARKET FOR RESIDENTIAL, BY ROW, 20202025 (USD MILLION)
8.5 INDUSTRIAL
8.5.1 THE GROWTH OF INDUSTRIAL VERTICAL TO BE HAMPERED IN 2020 OWING TO CLOSEDOWN OF PLANTS DUE TO COVID-19
FIGURE 32 APAC TO ACCOUNT FOR LARGEST SHARE OF COMMERCIAL MARKET DURING FORECAST PERIOD
TABLE 81 MARKET FOR INDUSTRIAL, BY REGION, 20162019 (USD MILLION)
TABLE 82 MARKET FOR INDUSTRIAL, BY REGION, 20202025 (USD MILLION)
TABLE 83 MARKET FOR INDUSTRIAL, BY NORTH AMERICA, 20162019 (USD MILLION)
TABLE 84 MARKET FOR INDUSTRIAL, BY NORTH AMERICA, 20202025 (USD MILLION)
TABLE 85 MARKET FOR INDUSTRIAL, BY APAC, 20162019 (USD MILLION)
TABLE 86 MARKET FOR INDUSTRIAL, BY APAC, 20202025 (USD MILLION)
TABLE 87 MARKET FOR INDUSTRIAL, BY EUROPE, 20162019 (MILLION)
TABLE 88 MARKET FOR INDUSTRIAL, BY EUROPE, 20202025 (MILLION)
TABLE 89 MARKET FOR INDUSTRIAL, BY ROW, 20162019 (USD MILLION)
TABLE 90 MARKET FOR INDUSTRIAL, BY ROW, 20202025 (USD MILLION)
8.6 MARKET: COVID-19 UPDATES
8.6.1 OVERVIEW
8.6.2 MOST IMPACTED VERTICALS
8.6.3 LEAST IMPACTED VERTICALS
9 GEOGRAPHIC ANALYSIS (Page No. - 102)
9.1 INTRODUCTION
FIGURE 33 CHINA TO GROW AT HIGHEST CAGR DURING 20202025
TABLE 91 MARKET, BY REGION, 20162019 (USD UNITS)
TABLE 92 MARKET, BY REGION, 20202025 (UNITS)
TABLE 93 MARKET, BY REGION, 20162019 (USD MILLION)
TABLE 94 MARKET, BY REGION, 20202025 (MILLION)
9.2 NORTH AMERICA
FIGURE 34 SNAPSHOT OF MARKET IN NORTH AMERICA
FIGURE 35 MARKET: PRE- AND POST-COVID-19 SCENARIOS IN NORTH AMERICA
TABLE 95 MARKET: PRE- AND POST-COVID-19 SCENARIOS IN NORTH AMERICA, 20202025 (USD MILLION)
TABLE 96 MARKET IN NORTH AMERICA, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 97 MARKET IN NORTH AMERICA, BY EQUIPMENT, 20202025 (USD MILLION)
TABLE 98 MARKET IN NORTH AMERICA, BY VERTICAL, 20162019 (USD MILLION)
TABLE 99 MARKET IN NORTH AMERICA, BY VERTICAL, 20202025 (USD MILLION)
TABLE 100 MARKET IN NORTH AMERICA, BY COUNTRY, 20162019 (MILLION)
TABLE 101 MARKET IN NORTH AMERICA, BY COUNTRY, 20202025 (MILLION)
9.2.1 US
9.2.1.1 Adoption of machine control systems in the US expected to be hampered due to COVID-19
TABLE 102 MARKET IN THE US, BY VERTICAL, 20162019 (MILLION)
TABLE 103 MARKET IN THE US, BY VERTICAL, 20202025 (MILLION)
9.2.2 CANADA
9.2.2.1 Factors such as high demand for technologically advanced equipment drive machine control market in Canada
TABLE 104 MARKET IN CANADA, BY VERTICAL, 20162019 (MILLION)
TABLE 105 MARKET IN CANADA, BY VERTICAL, 20202025 (MILLION)
9.2.3 MEXICO
9.2.3.1 Expansion in construction activities coupled with government support driving demand for machine control systems
TABLE 106 MARKET IN MEXICO, BY VERTICAL, 20162019 (MILLION)
TABLE 107 MARKET IN MEXICO, BY VERTICAL, 20202025 (MILLION)
9.3 EUROPE
FIGURE 36 SNAPSHOT OF MARKET IN EUROPE
TABLE 108 MARKET IN EUROPE, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 109 MARKET IN EUROPE, BY EQUIPMENT, 20202025 (USD MILLION)
TABLE 110 MARKET IN EUROPE, BY VERTICAL, 20162019 (USD MILLION)
TABLE 111 MARKET IN EUROPE, BY VERTICAL, 20202025 (USD MILLION)
TABLE 112 MARKET IN EUROPE, BY COUNTRY, 20162019 (MILLION)
TABLE 113 MARKET IN EUROPE, BY COUNTRY, 20202025 (MILLION)
9.3.1 GERMANY
9.3.1.1 GermanyMajor market for machine control systems in Europe
TABLE 114 MARKET IN GERMANY, BY VERTICAL, 20162019 (MILLION)
TABLE 115 MARKET IN GERMANY, BY VERTICAL, 20202025 (MILLION)
9.3.2 UK
9.3.2.1 Increasing government initiatives to meet infrastructure demands to drive market
TABLE 116 MARKET IN UK, BY VERTICAL, 20162019 (MILLION)
TABLE 117 MARKET IN UK, BY VERTICAL, 20202025 (MILLION)
9.3.3 FRANCE
9.3.3.1 Government investments in construction industry to drive market
TABLE 118 MARKET IN FRANCE, BY VERTICAL, 20162019 (MILLION)
TABLE 119 MARKET IN FRANCE, BY VERTICAL, 20202025 (MILLION)
9.3.4 REST OF EUROPE (ROE)
TABLE 120 MARKET IN ROE, BY VERTICAL, 20202025 (MILLION)
TABLE 121 MARKET IN ROE, BY VERTICAL, 20202025 (MILLION)
9.4 ASIA PACIFIC (APAC)
FIGURE 37 SNAPSHOT OF MARKET IN APAC
FIGURE 38 MARKET: PRE- AND POST-COVID-19 SCENARIOS IN APAC
TABLE 122 MARKET: PRE- AND POST-COVID-19 SCENARIOS IN APAC, 20202025 (USD MILLION)
TABLE 123 MARKET IN APAC, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 124 MARKET IN APAC, BY EQUIPMENT, 20202025 (USD MILLION)
TABLE 125 MARKET IN APAC, BY VERTICAL, 20162019 (USD MILLION)
TABLE 126 MARKET IN APAC, BY VERTICAL, 20202025 (USD MILLION)
TABLE 127 MARKET IN APAC, BY COUNTRY, 20162019 (MILLION)
TABLE 128 MARKET IN APAC, BY COUNTRY, 20202025 (MILLION)
9.4.1 CHINA
9.4.1.1 market in China expected to be negatively impacted due to COVID-19
TABLE 129 MARKET IN CHINA, BY VERTICAL, 20162019 (MILLION)
TABLE 130 MARKET IN CHINA, BY VERTICAL, 20202025 (MILLION)
9.4.2 JAPAN
9.4.2.1 Growing investments in residential and infrastructure markets to boost machine control system market in Japan
TABLE 131 MARKET IN JAPAN, BY VERTICAL, 20162019 (MILLION)
TABLE 132 MARKET IN JAPAN, BY VERTICAL, 20202025 (MILLION)
9.4.3 REST OF APAC
TABLE 133 MARKET IN ROAPAC, BY VERTICAL, 20162019 (MILLION)
TABLE 134 MARKET IN ROAPAC, BY VERTICAL, 20202025 (MILLION)
9.5 REST OF THE WORLD (ROW)
TABLE 135 MARKET IN ROW, BY EQUIPMENT, 20162019 (USD MILLION)
TABLE 136 MARKET IN ROW, BY EQUIPMENT, 20202025 (USD MILLION)
TABLE 137 MARKET IN ROW, BY VERTICAL, 20162019 (USD MILLION)
TABLE 138 MARKET IN ROW, BY VERTICAL, 20202025 (USD MILLION)
TABLE 139 MARKET IN ROW, BY REGION, 20162019 (MILLION)
TABLE 140 MARKET IN ROW, BY REGION, 20202025 (MILLION)
9.5.1 MIDDLE EAST & AFRICA (MEA)
9.5.1.1 Qatar, Israel, Saudi Arabia, and UAE driving market
TABLE 141 MARKET IN MEA, BY VERTICAL, 20162019 (MILLION)
TABLE 142 MARKET IN MEA, BY VERTICAL, 20202025 (MILLION)
9.5.2 SOUTH AMERICA
9.5.2.1 Rapid construction of residential and commercial buildings to drive demand
TABLE 143 MARKET IN SOUTH AMERICA, BY VERTICAL, 20162019 (MILLION)
TABLE 144 MARKET IN SOUTH AMERICA, BY VERTICAL, 20202025 (MILLION)
10 COMPETITIVE LANDSCAPE (Page No. - 130)
10.1 OVERVIEW
10.2 RANKING ANALYSIS OF KEY PLAYERS IN MARKET
FIGURE 39 MARKET: RANKING ANALYSIS OF KEY COMPANIES
10.3 COMPETITIVE SITUATIONS AND TRENDS
10.3.1 PRODUCT LAUNCHES AND PRODUCT DEVELOPMENTS (2019-2020)
TABLE 145 PRODUCT LAUNCHES AND DEVELOPMENTS
10.3.2 PARTNERSHIPS, COLLABORATIONS, JOINT VENTURES, & ACQUISITIONS (2019-2020)
TABLE 146 PARTNERSHIPS, COLLABORATIONS, JOINT VENTURES, & ACQUISITIONS
10.4 COMPETITIVE LEADERSHIP MAPPING, 2019
10.4.1 VISIONARY LEADERS
10.4.2 DYNAMIC DIFFERENTIATORS
10.4.3 INNOVATORS
10.4.4 EMERGING COMPANIES
FIGURE 40 MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
11 COMPANY PROFILES (Page No. - 135)
11.1 INTRODUCTION
(Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.2 MACHINE CONTROL SYSTEM PROVIDERS
11.2.1 HEXAGON (LEICA GEOSYSTEMS AG)
FIGURE 41 HEXAGON (LEICA GEOSYSTEMS AG): COMPANY SNAPSHOT
11.2.2 TOPCON CORPORATION
FIGURE 42 TOPCON CORPORATION: COMPANY SNAPSHOT
11.2.3 TRIMBLE INC.
FIGURE 43 TRIMBLE INC.: COMPANY SNAPSHOT
11.2.4 MOBA MOBILE AUTOMATION AG
11.2.5 HEMISPHERE GNSS
11.2.6 JAMES FISHER PROLEC
11.2.7 EOS POSITIONING SYSTEMS
11.3 RIGHT-TO-WIN
11.4 CONSTRUCTION EQUIPMENT PROVIDERS
11.4.1 KOMATSU LTD.
FIGURE 44 KOMATSU LTD.: COMPANY SNAPSHOT
11.4.2 CATERPILLAR
FIGURE 45 CATERPILLAR: COMPANY SNAPSHOT
11.4.3 VOLVO CONSTRUCTION EQUIPMENT
FIGURE 46 VOLVO CONSTRUCTION EQUIPMENT: COMPANY SNAPSHOT
11.4.4 LIEBHERR GROUP
FIGURE 47 LIEBHERR GROUP: COMPANY SNAPSHOT
11.4.5 JCB
11.4.6 KOBELCO CONSTRUCTION MACHINERY CO., LTD.
11.4.7 HITACHI CONSTRUCTION MACHINERY CO., LTD.
FIGURE 48 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
11.4.8 HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.
* Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
11.5 OTHER PLAYERS
11.5.1 HI-TARGET SURVEYING INSTRUMENT
11.5.2 TI ASAHI CO., LTD.
11.5.3 STONEX
11.5.4 SOUTH SURVEYING AND MAPPING INSTRUMENTS CO. LTD.
11.5.5 NORTH GROUP LTD
12 ADJACENT MARKET REPORT: GEOGRAPHIC INFORMATION SYSTEM MARKET (Page No. - 178)
12.1 INTRODUCTION
FIGURE 49 GIS MARKET, BY INDUSTRY
TABLE 147 GEOGRAPHIC INFORMATION SYSTEM MARKET, BY INDUSTRY, 20182025 (USD MILLION)
FIGURE 50 GIS MARKET FOR TRANSPORTATION TO HOLD LARGEST MARKET SIZE IN 2025
12.2 AGRICULTURE
TABLE 148 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR AGRICULTURE, BY REGION, 20182025 (USD MILLION)
12.3 OIL & GAS
TABLE 149 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR OIL & GAS, BY REGION, 20182025 (USD MILLION)
12.4 ARCHITECTURE, ENGINEERING, AND CONSTRUCTION
TABLE 150 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR ARCHITECTURE, ENGINEERING, AND CONSTRUCTION, BY REGION, 20182025 (USD MILLION)
12.5 TRANSPORTATION
TABLE 151 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR TRANSPORTATION, BY REGION, 20182025 (USD MILLION)
12.6 UTILITIES
TABLE 152 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR UTILITIES, BY REGION, 20182025 (USD MILLION)
12.7 MINING
TABLE 153 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR MINING, BY REGION, 20182025 (USD MILLION)
12.8 GOVERNMENT
TABLE 154 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR GOVERNMENT, BY REGION, 20182025 (USD MILLION)
12.9 HEALTHCARE
TABLE 155 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR HEALTHCARE, BY REGION, 20182025 (USD MILLION)
12.10 RETAIL
TABLE 156 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR RETAIL, BY REGION, 20182025 (USD MILLION)
12.11 OTHERS
TABLE 157 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR OTHERS, BY REGION, 20182025 (USD MILLION)
13 APPENDIX (Page No. - 189)
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 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.
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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 machine control system market, in terms of value and volume, by type, equipment, and vertical
- To describe and forecast the machine control system market, in terms of value and volume, by regionNorth America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges that influence the market growth
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contribution to the overall machine control system market
- To profile key players and comprehensively analyze their market position in terms of revenue and core competencies2, along with detailing the competitive landscape for market lenders
- To analyze competitive developments such as mergers and acquisitions, product launches and developments, alliances, and ongoing research and development (R&D) in the machine control system market
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
Get in-depth analysis of the COVID-19 impact on the Machine Control System Market
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Growth opportunities and latent adjacency in Machine Control System Market