Machine Control System Market Size, Share, Trends, Growth 2032

Machine Control System Market

Machine Control System Market By Type (Total Stations, Global Navigation Satellite Systems (GNSS), Laser, and Sensors), By Equipment (Excavators, Loaders, Graders, Dozers, Scrapers, and Paving Systems) and by Vertical (Infrastructure, Commercial, Residential, and Industrial), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032

Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-5065 Published Date: Aug-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 5.38 Billion USD 10.14 Billion 7.3% 2023

Machine Control System Industry Prospective:

The global machine control system market size was worth around USD 5.38 billion in 2023 and is predicted to grow to around USD 10.14 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.3% between 2024 and 2032.

Global Machine Control System Market SizeRequest Free Sample

Machine Control System Market: Growth Drivers

The machine control system is software that manages, regulates, commands, or directs the behavior of other devices. Basically, the system is used to precisely position earthwork machinery, which is based on 3D design models and GPS systems help the machine operators to control the position of the equipment. The surging need for accuracy in navigation and control of heavy machinery is expected to drive the growth of the global machine control system market over the forecast years.

Moreover, increasing modernization in agriculture, transportation, and constructional activities across the globe is also expected to escalate the market demand over the forecast period. However, the requirement of high initial investments in such control systems could hinder market growth.

The global machine control system market is categorized into excavators, loaders, graders, dozers, scrapers, and paving systems on the basis of the equipment. In the global machine control system market, the paving system segment dominated the market share in 2018. Paving systems are deployed in airports, tunnels, highways, concrete safety, and curbs & gutters, which can be constructed quickly with high efficiency and precision at a lower cost. Thus, contractors use paving systems, which comprise of slope sensors, sonic sensors, 3D slopes and elevation control, to save time and efforts.

Machine Control System Market: Segmentation

Based on the type, the global machine control system market has been segmented into total stations, global navigation satellite systems (GNSS), laser, and sensors. The global navigation satellite system (GNSS) segment accredited for the largest market share in 2018. The segment is expected to witness considerable growth over the forecast value owing to its equipment including transportation, precision agriculture, construction, ground mapping, and others. GNSS is installed in various types of machinery such as excavators, pavers, bulldozers, and others to increase the efficiency and productivity that can be used in data and task management and theft detection equipment.

Machine Control System Market: Report Scope

Report Attributes Report Details
Report Name Machine Control System Market
Market Size in 2023 USD 5.38 Billion
Market Forecast in 2032 USD 10.14 Billion
Growth Rate CAGR of 7.3%
Number of Pages 110
Key Companies Covered Hexagon (Leica Geosystems AG), Hemisphere GNSS, Topcon Corporation, Trimble Inc., Moba Mobile Automation AG, EOS Positioning Systems, Prolec Ltd., Komatsu Ltd., Caterpillar, Volvo Construction Equipment, Liebherr, JCB, Kobelco Construction Machinery Co., Ltd., Hitachi Construction Machinery Co., Ltd. Hyundai Construction Equipment Co., Ltd., and others
Segments Covered By Type and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Machine Control System Market: Regional Analysis

Based on the region, Asia-Pacific is anticipated to gain the largest market share in the forecast period. This can be attributed to increasing agricultural practices that involve precision farming, especially in China and India, owing to an increasing population. Moreover, the government in Australia is on the way to enhance transport system and incorporating the use of machine-guided solutions in the transportation industry. Furthermore, the government of China is also in support of development of infrastructural projects which is a major factor boosting the regional market growth.

Machine Control System Market: Competitive Analysis

The global machine control system market is led by players like:

  • Hexagon (Leica Geosystems AG)
  • Hemisphere GNSS
  • Topcon Corporation
  • Trimble Inc
  • Moba Mobile Automation AG
  • EOS Positioning Systems
  • Prolec Ltd
  • Komatsu Ltd
  • Caterpillar
  • Volvo Construction Equipment
  • Liebherr
  • JCB
  • Kobelco Construction Machinery Co., Ltd
  • Hitachi Construction Machinery Co., Ltd
  • Hyundai Construction Equipment Co., Ltd

The global machine control system market is segmented as follows:

By Type

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

 Machine Control System Market : Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

A machine control system is a collection of hardware and software that are employed to supervise and regulate the operation of machinery or apparatus. These systems are essential for the automation and manufacturing industries, as they enable the precise control of machinery, thereby enhancing safety, accuracy, and efficiency.

The integration of the Internet of Things (IoT) and artificial intelligence (AI) into machine control systems results in increased efficiency and productivity by facilitating real-time data analysis, predictive maintenance, and automation.

The global machine control system market size was worth around USD 5.38 billion in 2023 and is predicted to grow to around USD 10.14 billion by 2032.

The global machine control system market a compound annual growth rate (CAGR) of roughly 7.3% between 2024 and 2032.

Based on the region, Asia-Pacific is anticipated to gain the largest market share in the forecast period. This can be attributed to increasing agricultural practices that involve precision farming, especially in China and India, owing to an increasing population.

Major players operating in the global machine control system market are Hexagon (Leica Geosystems AG), Hemisphere GNSS, Topcon Corporation, Trimble Inc., Moba Mobile Automation AG, EOS Positioning Systems, Prolec Ltd., Komatsu Ltd., Caterpillar, Volvo Construction Equipment, Liebherr, JCB, Kobelco Construction Machinery Co., Ltd., Hitachi Construction Machinery Co., Ltd. Hyundai Construction Equipment Co., Ltd., and others.

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