Global Machine Control System Market Size, Trends and Growth Opportunity, By Technology (Global Navigation Satellite System (GNSS), Laser Scanners, GIS Collectors, Total Stations, Airborne Systems, and Others), Vehicle Equipment (Excavators, Loaders, Dozers, Scrapers, Graders, Rollers, Drillers and Pillars, Pavers and Cold Planers, and Others), Controller Type (Computer Numerical Control (CNC), Programmable Logic Controller (PLC), Programmable Automation Controller (PAC), Personal Computer (PC), Motion Controllers, and Others), Application (Motion and Control, Guidance and Automation, Mass Excavation, Spot-Bulldozing, and Others), Industry (Building and Construction, Agriculture, Mining, Transportation, Aerospace and Defense, Automotive, Marine, Waste Management, Utilities, and Others) By Region and forecast till 2027.
Report ID : IR1001120 | Industries : Automotive and Transportation | Published On :May 2024 | Page Count : 245
Global Machine Control System Market Size, Trends and Growth Opportunity, By Technology (Global Navigation Satellite System (GNSS), Laser Scanners, GIS Collectors, Total Stations, Airborne Systems, and Others), Vehicle Equipment (Excavators, Loaders, Dozers, Scrapers, Graders, Rollers, Drillers and Pillars, Pavers and Cold Planers, and Others), Controller Type (Computer Numerical Control (CNC), Programmable Logic Controller (PLC), Programmable Automation Controller (PAC), Personal Computer (PC), Motion Controllers, and Others), Application (Motion and Control, Guidance and Automation, Mass Excavation, Spot-Bulldozing, and Others), Industry (Building and Construction, Agriculture, Mining, Transportation, Aerospace and Defense, Automotive, Marine, Waste Management, Utilities, and Others) By Region and forecast till 2027.
Global Machine Control System Market
Global Machine Control System Market was valued at USD 4.7 Billion in 2021 and is slated to reach at USD 6.60 Billion by 2027 at a CAGR of 7.7% from 2022-2027.
The term "machine control system" refers to the use of a digital touch to perform industrial and commercial tasks. It includes a variety of solutions and services designed to optimise and manage industrial, infrastructural, and production activities. It aids in the automation of a variety of application-based tasks such as record management, data storage, monitoring, streamlining production activities, supply chain management, asset management, risk management, and others. Plant control systems, GPS technologies, mobile broadband, automated haulage, AI, block chain, digital twin, and other technologies are also included.
Market Drivers
By simplifying, automating, and integrating solutions, machine control solutions improve worksite quality, resulting in fewer errors and more time on the job. Machine control solutions allow operators to gain digital knowledge while reducing the likelihood of errors. Intuitive 3D graphical interfaces with custom-centered design make operators feel more confident in their abilities to complete tasks, which improve performance. It is widely acknowledged that the world's population is increasing at an unprecedented rate. Companies are heavily investing in cordless technology in order to provide optimal solutions for end-users and professionals; as the industry evolves, the emphasis will shift more towards cordless equipment for improved performance and flexibility at work. The development of these cordless batteries with machine control systems is expected to drive the global machine control system market forward. Automation and artificial intelligence (AI) are changing industries and increasing productivity, which will lead to increased economic development. Digitalization is assisting in the improvement of the safety, productivity, accessibility, and sustainability of energy systems all over the world. The construction industry is critical to the economic development of emerging countries. As a result, many countries have established dedicated agencies to monitor construction activities and professionalize the operation of construction sites. To provide a safe, high-quality, sustainable, and friendly constructed environment, cost-effective and time-efficient approaches must be used in the building sector.
Market Restraints
The machine control system provides industries with safety precautions as well as various methods such as GNSS, GIS, laser scanning, and robots. Machine control systems are required by industries to transfer raw materials from one location to another. The effective implementation of control system equipment necessitates a high cost, which ultimately raises the total cost of installation because it is required to ensure a safe plant. These instruments deal with higher risks and critical operational environments. However, the initial cost of the system is significant, as are the indirect costs such as licenses, certification, installation, maintenance energy costs, and technical labor costs. Machine control systems must be small and light in order to be easily transported and used. The compact size allows workers to perform a wide range of movements, and the precision of the machine control systems improves. The lightweight tool makes it easier to transport around the job site. The fundamental issue is that machine control systems are robustly constructed; even cordless power tools have battery slots, making them bulky and difficult to transport.
Impact of COVID-19
COVID-19 had a significant impact on the global machine control system market because almost every country chose to shut down all production facilities except those involved in the production of essential goods. To prevent the spread of COVID-19, the government has taken stringent measures such as shutting down production and sales of non-essential goods, blocking international trade, and many others. The only businesses dealing with this pandemic situation are those that are permitted to open and run processes. The increasing commercial and residential construction and infrastructure projects, adoption of power tools in households for residential/DIY purposes, growing manufacturing setups, and increasing repair and maintenance operations globally are driving the growth of the machine control system market. However, factors such as increased safety risks and concerns about the improper use of machine control systems are limiting market growth. The closure of manufacturing facilities during the pandemic had a significant impact on the market.
Recent Developments
Rockwell Automation will launch a new remote access solution in November 2021. This new OEM solution is just the latest remote access offering from Rockwell Automation, which provides a wide range of remote access services for manufacturers, including 24/7 remote application monitoring and support to help customers address maintenance issues proactively. The company has improved its product and service offerings in the market as a result of this launch.
Honeywell International Inc. planned to acquire US Digital Designs, Inc. in December 2021, expanding public safety communication capabilities. This acquisition has resulted in the company's solution line being expanded. This acquisition aided the company in expanding its product portfolio and increasing its revenue.
Market Segmentation
Global Machine Control System Market is segmented into By Technology, Vehicle Equipment, Controller Type, Application, Industry. By Technology such as Global Navigation Satellite System (GNSS), Laser Scanners, GIS Collectors, Total Stations, Airborne Systems, and Others. By Vehicle Equipment such as Excavators, Loaders, Dozers, Scrapers, Graders, Rollers, Drillers and Pillars, Pavers and Cold Planers, and Others. By Controller Type such as Computer Numerical Control (CNC), Programmable Logic Controller (PLC), Programmable Automation Controller (PAC), Personal Computer (PC), Motion Controllers, and Others. By Application such as Motion and Control, Guidance and Automation, Mass Excavation, Spot-Bulldozing, and Others. By Industry such as Building and Construction, Agriculture, Mining, Transportation, Aerospace and Defense, Automotive, Marine, Waste Management, Utilities, and Others.
Regional Analysis
Global Machine Control System Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. In the global machine control system market, China is likely to be the fastest-growing country. The market's dominance is attributed to rising infrastructure, commercial, and industrial developments in emerging countries such as the United States and the United Kingdom. As countries' old infrastructure, such as bridges, highways, sewage systems, and tunnels, is constantly repaired and improved using various machine control equipment, such as excavators, paving systems, and dozers, China dominates the Asia-Pacific region.
Key Players
This report includes a list of numerous Key Players, namely LIEBHERR, Schneider Electric, MITSUI & CO., LTD., Rockwell Automation, Inc., Komatsu Ltd., Microverse Automation Pvt. Ltd., Coperion GmbH, Otto Bihler Maschinenfabrik GmbH & Co. KG, OMRON Corporation, ANDRITZ.
Market Taxonomy
By Technology
• Global Navigation Satellite System (GNSS)
• Laser Scanners
• GIS Collectors
• Total Stations
• Airborne Systems
• Others
By Vehicle Equipment
• Excavators
• Loaders
• Dozers
• Scrapers
• Graders
• Rollers
• Drillers And Pillars
• Pavers And Cold Planers
• Others
By Controller Type
• Computer Numerical Control (CNC)
• Programmable Logic Controller (PLC)
• Programmable Automation Controller (PAC)
• Personal Computer (PC)
• Motion Controllers
• Others
By Application
• Motion and Control
• Guidance and Automation
• Mass Excavation
• Spot-Bulldozing
• Others
By Industry
• Building and Construction
• Agriculture
• Mining
• Transportation
• Aerospace and Defense
• Automotive
• Marine
• Waste Management
• Utilities
• Other
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Machine Control System Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Machine Control System Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Machine Control System Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Machine Control System Market Share Analysis, By Technology
5.3 Global Machine Control System Market Size and Forecast, By Technology
5.3.1 Global Navigation Satellite System (GNSS)
5.3.2 Laser Scanners
5.3.3 GIS Collectors
5.3.4 Total Stations
5.3.5 Airborne Systems
5.3.6 Others
6 Global Machine Control System Market, By Vehicle Equipment
6.1 Y-o-Y Growth Comparison, By Vehicle Equipment
6.2 Global Machine Control System Market Share Analysis, By Vehicle Equipment
6.3 Global Machine Control System Market Share Analysis, By Vehicle Equipment
6.3.1 Excavators
6.3.2 Loaders
6.3.3 Dozers
6.3.4 Scrapers
6.3.5 Graders
6.3.6 Rollers
6.3.7 Drillers And Pillars
6.3.8 Pavers And Cold Planers
6.3.9 Others
7.Global Machine Control System Market, By Controller Type
7.1 Y-o-Y Growth Comparison, By Controller Type
7.2 Global Machine Control System Market Share Analysis, By Controller Type
7.3 Global Machine Control System Market Share Analysis, By Controller Type
7.3.1 Computer Numerical Control (CNC)
7.3.2 Programmable Logic Controller (PLC)
7.3.3 Programmable Automation Controller (PAC)
7.3.4 Personal Computer (PC)
7.3.5 Motion Controllers
7.3.6 Others
8.Global Machine Control System Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Machine Control System Market Share Analysis, By Application
8.3 Global Machine Control System Market Share Analysis, By Application
8.3.1 Motion and Control
8.3.2 Guidance and Automation
8.3.3 Mass Excavation
8.3.4 Spot-Bulldozing
8.3.5 Others
9.Global Machine Control System Market, By Industry
9.1 Y-o-Y Growth Comparison, By Industry
9.2 Global Machine Control System Market Share Analysis, By Industry
9.3 Global Machine Control System Market Share Analysis, By Industry
9.3.1 Building and Construction
9.3.2 Agriculture
9.3.3 Mining
9.3.4 Transportation
9.3.5 Aerospace and Defense
9.3.6 Automotive
9.3.7 Marine
9.3.8 Waste Management
9.3.9 Utilities
9.3.10 Other
10 Global Machine Control System Market, By Region
10.1 Global Machine Control System Market Share Analysis, By Region
10.2 Global Machine Control System Market Share Analysis, By Region
11 North America Machine Control System and Forecast (2022-2027)
11.1 Introduction
11.2 North America Machine Control System Market Share Analysis, By Technology
11.3 North America Machine Control System Size and Forecast, By Vehicle Equipment
11.4 North America Machine Control System Market, By Controller Type
11.5 North America Machine Control System Market Size and Forecast, By Application
11.6 North America Machine Control System Market Share Analysis, By Industry
11.7 North America Machine Control System Market Size and Forecast, By Country
11.7.1 U.S
11.7.2 Canada
11.7.3 Mexico
12 Europe Machine Control System Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Europe Machine Control System Market Share Analysis, By Technology
12.3 Europe Machine Control System Market Size and Forecast, By Vehicle Equipment
12.4 Europe Machine Control System Market, By Controller Type
12.5 Europe Machine Control System Market Size and Forecast, By Application
12.6 Europe Machine Control System Market Share Analysis, By Industry
10.7 Europe Machine Control System Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Machine Control System Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Asia-Pacific Machine Control System Market Size and Forecast, By Technology
13.3 Asia-Pacific Machine Control System Market Size and Forecast, By Vehicle Equipment
13.4 Asia-Pacific Machine Control System Market, By Controller Type
13.5 Asia-Pacific Machine Control System Market Size and Forecast, By Application
13.6 Asia-Pacific Machine Control System Market Share Analysis, By Industry
11.7 Asia-Pacific Machine Control System Market Size and Forecast, By Country
11.7.1 China
11.7.2 Japan
11.7.3 India
11.5.4. Rest of Asia Pacific
14 Latin America Machine Control System Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Latin America Machine Control System Market Size and Forecast, By Technology
14.3 Latin America Machine Control System Market Size and Forecast, By Vehicle Equipment
14.4 Latin America Machine Control System Market, By Controller Type
14.5 Latin America Machine Control System Market Size and Forecast, By Application
14.6 Latin America Machine Control System Market Share Analysis, By Industry
14.7 Latin America Machine Control System Market Size and Forecast, By Country
14.7.1 Brazil
14.7.2.Rest of Latin America
15 Middle East Machine Control System Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Middle East Machine Control System Market Share Analysis, By Technology
15.3 Middle East Machine Control System Market Size and Forecast, By Vehicle Equipment
15.4 Middle East Machine Control System Market, By Controller Type
15.5 Middle East Machine Control System Market Size and Forecast, By Application
15.6 Middle East Machine Control System Market Share Analysis, By Industry
15.7 Middle East Machine Control System Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.2. Egypt
15.7.4. Kuwait
15.7.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1. LIEBHERR
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. Schneider Electric
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. MITSUI & CO., LTD.
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4. Rockwell Automation, Inc.
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5. Komatsu Ltd.
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6. Microverse Automation Pvt. Ltd.
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7. Coperion GmbH
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8. Otto Bihler Maschinenfabrik GmbH & Co. KG
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9. OMRON Corporation
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10. ANDRITZ.
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies