Machine Control System Market to exceed US$ 9.49 billion by 2030

    Published on 22-Nov-2023
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    Report : Machine Control System Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Total stations, GNSS, Laser scanners, Airborne systems, GIS collectors, and Others); Equipment (Excavators, Graders, Loaders, Dozers, Scrappers, Paving system, and Others); Industry (Infrastructure, Commercial, Residential, and Industrial), View Type (2D and 3D), Type of Delivery (Retrofit and OEM Build), and Geography

    According to the new research report on " Machine Control System Market Size and Forecast to 2030 - Global and Regional Share, Trends, and Growth Opportunity Analysis," published by The Insight Partners, the market is expected to reach US$ 9.49 billion by 2030 and register a CAGR of 6.3% from 2022 to 2030.

    Increasing Use of Machine Control Systems in Construction Activities

    Machine control systems play an important role in controlling and monitoring construction equipment and ensuring ideal performance, better construction operations, and quality assurance. Machine control systems also help reduce field and machine downtime and enhance resource utilization. Further, population growth and rapid urbanization across the globe are encouraging government bodies to invest in infrastructure development. Countries such as China, India, and Japan are increasing the use of machine control systems with advanced technologies such as laser scanners, GNSS, and sensors in infrastructure projects. Government organizations across the globe are now focused on developing smart infrastructure. For instance, in 2022, the Ministry of Municipal, Rural Affairs and Housing (MOMRA), Saudi Arabia, signed an agreement to invest US$ 10 billion in local infrastructure projects to deliver over 150,000 housing units covering 11 cities in the country. Thus, with the growth in the construction sector, the machine control system market size in the country is also expected to increase during the forecast period.

    Globally, the use of machine control technology in the construction industry is on the rise. This technology, which uses GPS and sensors to guide heavy equipment and machinery, has become progressively popular in recent years owing to its ability to improve efficiency, accuracy, and safety on the work site. As a result, construction companies are turning to machine control technology to aid in improving their operations. This technology allows for real-time monitoring and tracking of project progress and the capability to make quick adjustments to the operation plan as required. The machine control system also helps decrease the possibility of human error and enhance safety on the work site. In general, the growth in the construction industry worldwide is a positive development for the machine control system market. Further, by implementing this technology, construction companies can enhance their operations and deliver better outcomes for their customers. Thus, the demand for machine control systems from the construction industry is increasing.

    The Machine Control System market is segmented on the basis of offering, service type, end-use, 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 Machine Control System market is divided into Excavators, Graders, Loaders, Dozers, Scrappers, Paving system, and Others. By Industry Machine Control System market is divided into Infrastructure, Commercial, Residential, Industrial, By View Type Machine Control System market is divided into 2D and 3D, By Type of Delivery 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).

    Machine Control System Market: Key Findings of Study

    The total station type of machine control system is used for earthmoving, milling, and paving. When a higher-accuracy solution is required, or satellite access is restricted due to extensive tree cover, buildings, tunnels, or other worksite structures-LPS (Local Positioning Systems) can offer exact location and height information using total stations. Several players across machine control system markets are launching total stations; for instance, in September 2022, SingularXYZ launched the precise TS1000 total station, which can be connected with SingularPad field surveying software, providing abundant surveying functions and fluent experience with both total stations and RTK receivers. Thus, the launch of such products is propelling the growth of the segment.

    With the GNSS option, contractors effortlessly incorporate their small equipment into fleets that are already equipped with GNSS technology. Thus, several players are launching the GNSS type of machine control system, which is driving the segment growth. For instance, in March 2023, Topcon Positioning Systems launched a global navigation satellite system (GNSS) option for its MC-Mobile compact machine control solution. With this extension, owners of mini excavators, skid steers, and compact track loaders (CTL) will have access to the widest selection of machine control options available.

    A laser scanner uses the 2D-3D system; the 2D system can be used by a contractor who needs to know the height or depth of their bucket, blade, or screed. These low-cost devices might use acoustic sensors, revolving lasers, and laser sensors to deliver height and depth information. These laser scanners use one or two laser receivers to gain fully automatic control of the blade using a laser reference. Several players across the market provide laser scanner type of machine control system; for instance, PBT AG provides a Tablet350 machine control system that contains laser scanners. Thus, the launch of such products by key players in the machine control system market propels the growth of the segment.

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