The global machine
control system market foreseen to grow by 7.6%, from USD 4.17 Billion in 2021
to USD 7.49 Billion in 2029. Anticipated
demand from growing construction industry, elimination of bulk earthworks set
out and survey pegging, requirement of faster work and maximum efficiency in
tightly scheduled infrastructure projects will drive the market for the
upcoming forecast period. However, decrease in demand for machine control
systems due to covid-19 outbreak, requirement of high initial investment
remains one factor hindering the market growth over the anticipated period.
Market Definition
What is Machine control
system?
Machine control system is a set of mechanical or
electronic devices that regulates other devices or systems by way of control
loops. They are computerized and are a central part of industry and of
automation.
Market Overview
The
machine control system market search study helps to thoroughly
understand the current trend in the market competitive analysis of the players
in the emerging market. Moreover, the DRO in the machine control system market
offers valuable perspicuity and a current scenario for making the right
decision. The research study covers the eminent players in the market with a
detailed analysis of the company and a financial overview containing their net
sales, business mix and geographical reach It mainly focuses on the key
developments of the products/services offered by the company in recent years.
Besides, we at Zettabyte have the expertise to analyses the global Machine
control system market player's competitive landscape helping the client
comprehend their specific strategic growth approaches.
Machine control
system market study by "Zettabyte Analytics" offers details about the
market scope, market segmentation, technological advancement in the Machine
control system market and highlights the optimistic, competitive landscape and
trends enduring over the years.
Major players in
the Machine control system market include Case Construction Equipment,
Caterpillar, Eos Positioning Systems, Hemisphere Gnss, Hexagon (Leica
Geosystems), Hiab, Hitachi Construction Machinery, Hi-Target Surveying
Instrument, Hyundai Construction Equipment, James Fisher Prolec, Jcb, Kato
Works, Kobelco Construction Machinery, Komatsu, Liebherr Group, Moba Mobile
Automation, North Group, South Surveying & Mapping Technology.
COVID-19 Impact on Global Machine
control system market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. the impact of COVID-19 on the Machine control system
market has forced the companies to change their sourcing, pricing, and
promotion strategies. the Machine control system market players are seen focusing
more on optimizing the e-commerce networks with the rising innovations in the
digital sector, which are creating new business models for the automotive &
transportation industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). the market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and Machine control
system market future markets are analyzed to understand their impact on demand
for the forecast period. growth rates have been estimated using correlation,
regression and time-series analysis.
Market Segmentation
For the purpose
of this report, the global Machine control system market segmented on the basis
of type, equipment, controller type, application, industry, and region:
Type Outlook:
On the basis of
Type, the market is segmented into Airborne Systems, GIS Collectors, Global
Navigation Satellite System (GNSS), Laser Scanners, Total Stations, Others.
Figure 1 Machine control system market By Type
(Market Size And Forecast By Value - USD Million, 2021 & 2029)

Equipment Outlook:
On the basis of
equipment, the market is segmented into dozers, drillers and pillars,
excavators, graders, loaders, pavers and cold planers, rollers, scrapers others.
Figure 2 Equipment Outlook (Revenue, USD
Million, 2021)

Controller Type Outlook:
On the basis of
Controller Type, the market is segmented into Computer Numerical Control (CNC),
Motion Controllers, Personal Computer (PC), Programmable Automation
Controller (PAC), Programmable Logic Controller (PLC), Others.
Figure 3– Controller Type Outlook (Revenue, USD
Million, 2021)