Global Machine Control System Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com
Growing Need to Optimize Efficiency, Improve Productivity and Enhance Worker Safety of Earthworks Equipment Drives Demand for Machine Control Systems
The "Machine Control System - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Machine Control System market worldwide is projected to grow by US$7.2 Billion, driven by a compounded growth of 14.1%.
Excavators, one of the segments analyzed and sized in this study, displays the potential to grow at over 14.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4.8 Billion by the year 2025, Excavators will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 15.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$283.3 Million to the region's size and clout in the next 5 to 6 years. Over US$343.8 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Excavators will reach a market size of US$394.8 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 13.9% over the next couple of years and add approximately US$1.3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Andritz Automation
- Belden, Inc.
- Leica Geosystems AG
- Maximatecc
- MOBA Mobile Automation AG
- Prolec Ltd.
- RIB Software SE
- Schneider Electric SA
- Topcon Corporation
- Trimble, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Machine Control Technology: The Future of Construction World
- Evolution of Machine Control Technology in Earthworks Equipment
- Growing Need to Optimize Efficiency, Improve Productivity and Enhance Worker Safety of Earthworks Equipment Drives Demand for Machine Control Systems
- Competition
- Global Machine Control Systems Market: Percentage Breakdown of Revenues by Leading Players for 2019E
- Global Dozers Machine Control Systems Market: Percentage Breakdown of Sales by Leading Players for 2019E
- Global Competitor Market Shares
- Machine Control System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Machine Control Technology Revolutionizes Civil Earthworks and Infrastructure Construction Projects
- Manufacturers Step Up Efforts to Address Skilled Labor Shortage by Increasing Use of Machine Control Technology
- Technology Adoption Emerges as a Means to Address Productivity Challenge in Construction Industry: Drives Growth in MCS Market
- Machine Control Technology for Concrete Paving Ensures Production-Enhancing efficiencies and Millimeter-Level Accuracy
- Need to Improve Machine Productivity, Reduce Rework and Associated Costs Amidst Rising Concerns over Labor Shortage Accelerate Use of 3D Machine Control Systems
- Growing Adoption of Connected Sites Bodes Well for the MCS Market
- With Machine Guided Earthworks Construction Becoming Widespread, Leading Equipment Makers Offer Systems with Integrated Machine Control Technology
- Expanding Use of MCS Improves Operational Efficiency of Road Construction Projects
- Machine Control: The First Stage in Developing Autonomous or Self-Operating Construction Equipment
- Growing Sales of Construction Equipment: An Opportunity to Tap for the MCS Market
- Global Sales of Construction Equipment in Units by Region/Country for the Years 2017, 2019, 2021 and 2023
- Urbanization Trend and Increase in Infrastructure and Civil Construction Projects Augur Well for the MCS Market
- Global Infrastructure Spending in $ Billion for the Years 2018, 2020, 2022 and 2024
- Global Urban Population in Thousands by Geographic Region for the Years 2000, 2010, 2020, 2030, 2040 and 2050
- Challenging Conditions of Mining Operations Drive Demand for Machine Control Systems in Mining Equipment
- Continuously Increasing Levels of Automation in Construction Equipment and Greater Reliability of Satellite Signals: Among the Key Trends Impacting MCS Market
- Expanding Range of Equipment Integrated with Machine Control Technology: Positive Growth Outlook for the MCS Market
- Machine Control Plays Vital Role in Improving Productivity and Accuracy
- GNSS Connectivity: Significant Impact on Development of Advanced MCS for Construction Equipment
- Pros and Cons of GNSS-Based 3D Machine Control
- Tight Vertical Accuracies: An Important Parameter for 3D Machine Control in Heavy Construction Equipment
- Growing Use of GPS Machine Control Systems in Civil Projects
- GPS Machine Control Aids in Improving Productivity of Earthmoving Operations
- Rising Importance of MCS in Enhancing Grading Accuracy and Optimizing Productivity Fuels Adoption
- Grade Control Systems Integrated into Heavy Equipment Ensure Accurate Results
- Integrated MCS Market: Lean Automation Advantages Accrued from Integration of PLC and HMI in MCS Augur Well for the Market
- Grade and Machine Control Systems: Providing Precision and Efficiency to Excavator Operations
- Excavators Machine Control System Market: Superior Capabilities Drive Adoption
- Excavator Machine Controls Help in Improving ROI
- Excavator Operations Benefit from Grade Control Systems
- GPS Control for Excavators Aids in Enhancing Operator's Functions
- Rising Significance of MCS in Reducing Fuel Usage and Lowering CO2 Emissions in Excavator-Based Harvesters
- Bulldozers: Among the Common Earthmoving Equipment to be Equipped with Machine Control Systems
- Machine Control Systems Play a Vital Role in Improving Productivity of Dozers
- Enhancing Grading Accuracy - A Critical Requirement for Dozers
- Machine Control Systems in Motor Graders: Essential to Optimize Job Efficiency
- Integration of Machine Control Grading Systems into Track Loaders: Ensuring Precision in Small-Scale Leveling Works
- Advancements in Electronics and Hydraulic Systems Improve Versatility of Wheel Loaders
- Focus on Advancing Technology Used in Machine Control Systems
- New Technologies Transforming Machine Control in Civil Engineering and Construction Markets
- Development of MCS with UI-Driven Software to Benefit Operators of Earthmoving Equipment
- Product Overview
- What is Machine Control?
- Machine Control System: An Introduction
- Working of Machine Control Systems
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Machine Control System Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Machine Control System Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/jcmmjj
View source version on businesswire.com: https://www.businesswire.com/news/home/20200225005617/en/