Machine Control System Market is expected to reach a value of USD 9.41 Bn. by 2030, with a CAGR of 8.64 %

How does the Machine Control System Market look?

Machine control system Market is widely used in construction, agriculture, transportation, and other industries. It utilizes the technologies such as GNSS, GIS, laser scanning, and robotics for precise positioning of heavy machinery. This market is seeing expansion worldwide, as the drive for the market is by smart building and infrastructure development. The accelerated urbanization worldwide is an important factor in the market growth.

What are Machine Control System market dynamics?

The rise in automation technology has created a huge growth potential. Combined with 3D visualization has enhanced the efficiency in the construction industry. Government and private sector both have invested in commercial and infrastructural development projects.

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How about Machine Control System Market Trends?

COVID-19 had a devastating impact on the market as manufacturing and operational shutdowns were commonplace, production processes were halted, raw material delivery was disrupted along with finished product deliveries as well. This has been a reason for increased focus on automation technologies for the future.

Which Region is up to What now

Asia-Pacific region is showing major growth in the global market. China and India are primary contributors in this. Infrastructural projects like Qinghai-Tibet railway and OBOR in China are some of the notable projects. South America, Middle East, Africa have seen significant investment in infrastructure projects over the last decade, with continued growth expected in future as well.

What we have as Key developments by companies

? Volvo

o Automated Grading System (Mar 2020): The company introduced Volvo Active Control for crawler excavators to cut grading time by up to 45%

o Product Expansion (Sep 2020): Product expansion was implemented with expansion of machine control systems for wheeled loaders, added productivity, and serviceability improvements

? Trimble

o Grade Control Platform (Mar 2020): Company released Trimble Earthworks Grade Control Platform version 2.0 with new features and instructional app.

o Paving Control Platform (Apr 2020): Launched Trimble Roadworks 2D Paving Control Platform for asphalt pavers.

? Komatsu

o New Excavator Launch (Aug 2020): Komatsu launched a PW158-11 wheeled excavator with advanced features and high lifting capacity.

? Topcon and Hitachi Partnership (Mar 2020): This move is seen as a strategic expansion collaboration to provide advanced machine control systems for improved workflow.

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What is the Machine Control System Market Segmentation here?

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

Some of the BIG FISH in the Machine Control System Market are

? Trimble

? Topcon

? MOBA Mobile Automation

? Hemisphere GNSS

? James Fisher Prolec

? Eos Positioning Systems

? Komatsu

? Hexagon (Leica Geosystems)

? Caterpillar

? Volvo Construction Equipment

? Mitsui Co.

? Schneider Electric

? Liebherr Group

? JCB

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

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