The Machine Control System market size was valued at US$ 5.84 billion in 2022 and is expected to reach US$ 9.49 billion by 2030; it is estimated to record a CAGR of 6.3% from 2022 to 2030.
Analyst Perspective:
Market players are focusing on the development of advanced and compact attachments. For instance, in January 2023, Topcon Positioning Systems announced the launch of 2D-MC, an automatic grade control solution for compact track loaders. 2D-MC is a low-cost 2D machine control system designed to be installed directly onto selected grading attachments. The new 2D-MC is suitable for a wide range of operations, including sidewalk grading, slope work, drain rock and road base replacement, sports fields, parking lots, landscaping, indoor work, flat pads, and concrete site prep. Further, in November 2021, Bobcat announced the launch of a new MaxControl Remote Control system to control Bobcat compact loaders remotely via an app using an iPad or iPhone. Such initiatives are anticipated to shape the growth prospects for the machine control system market during the forecast period.
Machine Control System Market Overview:
Machine control systems use technologies such as GIS, GNSS, and laser scanning to scan the working areas and accurately recognize points where heavy earthmoving equipment can be positioned. The precise positioning of the earthmoving machinery enables the initiation of work and promises a harmless working environment. It also enhances the efficiency of working by increasing the accuracy and speed in the construction and earthmoving work. The increasing need for precision in the navigation and control of heavy machinery is anticipated to drive the machine control system market.
By integrating modern technology into their systems, companies in the machine control system market are emphasizing making systems less cumbersome with increased productivity. Machine control systems minimize machine and field breakdown while also allowing for more effective resource utilization. Failure of heavy machinery at a building site can cause delays in work and result in substantial monetary losses. Machine control systems confirm that construction equipment is precisely controlled and monitored, resulting in maximum efficiency and faster quality control at the work site. As a result, investment in machine control systems facilitates time-saving, eradicates project failures, and enhances machine installation prices, all of which are anticipated to contribute to the machine control market growth during the forecast period.
The rise of automation technology is creating opportunities for the adoption of machine control systems among numerous end-user industries. For instance, the extensive adoption of 3D visualization is improving the operational activities in the construction industry. The increasing rate of commercial construction projects across developed regions is boosting the machine control system market growth. The machine control system market is growing because of augmented investments by the government and private organizations in the development of commercial structures and infrastructural developments. The construction sites offer employment to thousands of workers. The increasing awareness about safety measures is boosting the demand for machine control systems in the construction sector.
Companies are focused on developing less complicated machines and achieving higher productivity by introducing progressive technologies to their systems. For instance, in September 2022, part of Hexagon, Leica Geosystems, launched a novel Leica iCON site excavator. This machine-control solution enables compact excavators to carry out designs easily and accurately. Further, the iCON site excavator application is available for a wide range of iCON field controllers in numerous sizes. These new GNSS receivers and communication devices are designed specifically for compact machines, allowing more flexibility to adjust to different sites and project requirements. Such initiatives by market players are anticipated to boost the machine control system market growth during the forecast period.
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Machine Control System Market: Strategic Insights
Market Size Value in US$ 5.84 billion in 2022 Market Size Value by US$ 9.49 billion by 2030 Growth rate CAGR of 6.3% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Machine Control System Market: Strategic Insights
| Market Size Value in | US$ 5.84 billion in 2022 |
| Market Size Value by | US$ 9.49 billion by 2030 |
| Growth rate | CAGR of 6.3% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Machine Control System Market Driver:
Increasing Adoption of 3D Modeling and Scanning in Various Industries
Key market participants are emphasizing the development of 3D machine control systems. For instance, in March 2023, Leica Geosystems announced the launch of 3D machine control compatibility options for Caterpillar NGH excavators. The enhanced interoperability of the 3D machine control will provide customers with simpler installation of the Leica MC1 3D machine control solution as an aftermarket system on existing Caterpillar's standard NGH. Further, the company announced that authorized Leica Geosystems distributors would handle the support and sale of the Leica MC1 3D machine control system.
The digital transformation in the construction industry continues apace, with construction sites becoming increasingly networked and digital. Driver assistance systems such as machine control systems from Leica Geosystems are gaining importance. For instance, the machine control system from Leica Geosystems' is already available in different versions for Liebherr crawlers and mobile excavators. They include the 3D passive and 2D passive machine control systems for Generation 6 and 8, as well as the 2D "3D-ready" semi-automatic and the 3D semi-automatic for Generation 6 products. Thus, such initiatives and offerings by market players are anticipated to shape the new technology adoption in the machine control system market during the forecast period.
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Machine Control System Market Segmental Analysis:
The Machine Control System market is segmented on the basis of type, equipment, industry, view type, type of delivery machine, and geography. By type, the Machine Control System market is divided into Total stations, GNSS, Laser scanners, Airborne systems, GIS collectors, and Others. By equipment, the Machine Control System market is divided into Excavators, Graders, Loaders, Dozers, Scrappers, Paving systems, and Others. By industry, the Machine Control System market is divided into Infrastructure, Commercial, Residential, and Industrial. By view type, the Machine Control System market is divided into 2D and 3D. By type of delivery, the Machine Control System market is divided into Retrofit and OEM Build. Geographically, the Machine Control System market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).
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Machine Control System Market Regional Analysis:
The Asia Pacific machine control system market is segmented into Australia, Japan, Indonesia, Singapore, Malaysia, Thailand, the Philippines, and New Zealand. Asia Pacific is witnessing strong economic growth, which is raising demand for infrastructure development and diversified projects that rely on machine control systems. Furthermore, large government investments in infrastructure projects such as road construction, bridge construction, and airport expansion are opening up new markets for machine control system sales. Japan has one of the best metropolitan infrastructures in the world. The Japanese government gave the go-ahead to build a new nuclear power facility in August 2022. Notably, in light of the worldwide energy crisis, the building and development of the new nuclear plant will assist the nation in lowering its dependency on energy imports.
The Australian construction industry amounts to US$ 112 billion per year and accounts for roughly 9% of GDP. Further, the Australian government is taking several steps to develop the infrastructure. Moreover, as of February 2021, Infrastructure Australia (IA) released its infrastructure priority list, adding a record 44 new infrastructure proposals. IA has the responsibility to strategically audit Australia's nationally significant infrastructure and develop 15-year rolling plans that specify national and state-level priorities. Thus, such government initiatives in developing construction drive the growth of the machine control system market, as it is used in several processes, such as extraction and loading.
The construction sector is a significant factor in the Japanese economy, accounting for nearly 5.5% of the GDP in 2021. Reconstruction after the Great East Japan Earthquake and the Tokyo Olympics have both contributed to the industry's overall upward trend over the last decade. While there are over 470,000 registered construction firms in Japan, Super Zenecon, a group of five large general contractors including Obayashi Corporation, Tasei Corporation, Kajima Corporation, Shimizu Corporation, and Taneka Corporation, dominates the industry. They work in a variety of industries, including construction, architectural design, and research and development. Thus, such a huge construction sector and the presence of large construction contractors propels the growth of the machine control system market.
With the use of various machine control technologies, governments in China and India have undertaken several programs to upgrade aged infrastructure such as highways, bridges, sewage systems, and tunnels. For example, the Chinese government is assisting in the development of the Tibetan Expressway, Qinghai-Tibet railway, and the One Belt One Road (OBOR) projects, all of which are projected to benefit the machine control system market. Moreover, the South Korean government declared in February 2021 that it will construct 830,000 homes nationwide up to 2025, including 323,000 in Seoul and 293,000 in the surrounding regions of Incheon and Gyeonggi Province. Thus, such construction activities in the region are expected to propel the growth of the machine control system market.
Machine Control System Market Key Player Analysis:
Topcon; Trimble; Leica; MOBA Mobile Automation AG; Hemisphere; Hitachi, Ltd.; Komatsu Ltd; Andritz AG; Vedant Engineering Services Pvt Ltd; and Schneider Electric are among the key players operating in the Machine Control System market. Several other major companies have also been analyzed during this research study to get a holistic view of the Machine Control System market ecosystem.
Recent Developments:
The Machine Control System market players highly adopt inorganic and organic strategies. Following are a few major Machine Control System market developments:
- In October 2022, Leica Geosystems launched the Leica iCON site excavator, bringing machine control to compact excavators, a machine-control solution that enables compact excavators to carry out designs easily and accurately.
- In July 2021, Liebherr and Leica Geosystems expanded the range of semi-automatic machine control systems for crawler excavators. Leica Geosystems' semi-automatic machine control system is now available for Generation 8 crawler excavator models.
- In March 2021, international technology group ANDRITZ received an order from Liansheng Pulp & Paper to provide tailored automation systems, including PrimeControl Machine Control System (MCS), Quality Control System (QCS), pneumatic and hydraulic equipment, and lubrication systems.
- In March 2020, Leica Geosystems and Zoomlion integrated machine control solutions to advance the heavy construction industry. The relationship will begin with supporting the Zoomlion Badger 215G excavator with Leica Geosystems machine control solutions for excavator guidance.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Equipment, Industry, View Type, Type of Delivery, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The machine control system market was estimated to be valued at US$ 5.84 billion in 2022 and is projected to reach US$ 9.49 billion by 2030; it is expected to grow at a CAGR of 6.3% during the forecast period.
Increasing use of machine control systems in construction activities, and rising utilization of machine control systems to streamline earthwork operations, are driving factors of machine control system market.
The increasing adoption of 3D modelling and scanning in various industries is expected to drive the growth of the machine control system market in the coming years.
The key players holding majority shares in the machine control system market include Topcon Corp., Trimble Inc., Hemisphere GNSS Inc., MOBA MOBILE AUTOMATION AG, and KOMATSU LTD.
Asia Pacific is anticipated to grow with the highest CAGR over the forecast period.
The GNSS segment led the machine control system market with a significant share in 2022 and it is also expected to grow with the highest CAGR.
The machine control system market are expected to reach US$ 9.49 Bn by 2030.
The List of Companies - Machine Control System Market
- Topcon Corp
- Trimble Inc
- Hemisphere GNSS Inc
- Komatsu Ltd
- Schneider Electric SE
- MOBA MOBILE AUTOMATION AG
- Leica Geosystems AG
- Andritz AG
- Vedant Engineering Services Pvt Ltd
- M-Tech Control Corp
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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