Machine Control System Market by Component (GNSS, Laser Scanners), Machine Type (Excavators, Graders, Dozers), Controller Type (PLC, CNC, PAC), Industry Vertical (Construction, Manufacturing), and Geography - Global Forecast to 2029

The Machine Control System Market is expected to reach $6.4 billion by 2029, at a CAGR of 4.8% during the forecast period 2022–2029. Rising concerns related to worker safety and the accuracy & precision of heavy machinery drive the growth of this market. In addition, the growing adoption of Industry 4.0 technologies is expected to offer significant opportunities for market growth. However, the shortage of technical expertise is expected to restrain the growth of this market.

The Impact of COVID-19 on the Machine Control System Market

The COVID-19 pandemic emerged in Wuhan, China, in December 2019. By March 2020, the virus had spread to most countries around the world, with the WHO declaring the disease a global pandemic. Governments across the globe imposed nationwide lockdowns to curb the spread of the disease. The lockdown restrictions impacted manufacturing & construction operations, with production facilities shutting down completely or operating at reduced capacities to ensure social distancing and employee safety. Most industries came to a standstill due to raw material & workforce shortages, supply chain disruptions, and restrictions on international trade. The demand for machine control systems declined during the COVID-19 pandemic as operations in the manufacturing, construction, and other sectors were halted due to the lockdowns.

However, the adoption of advanced technologies, such as sensors, increases equipment efficiency & accuracy, improves operational safety, and reduces the risk of accidents. Machine control systems enable optimal control over equipment through technologies such as GNSS and laser scanning and can precisely identify working areas where heavy earthmoving equipment needs to be positioned. The right positioning of earthmoving equipment ensures a safe work environment and increases the accuracy & speed of construction activities. This need for precision & safety has boosted the deployment of machine control systems across end-use industries, supporting the recovery of the machine control systems market.

Although the COVID-19 pandemic disrupted the production of machines and equipment, impacting the demand for machine control systems, the markets are expected to recover gradually, driving the demand for machine control systems in the coming years.

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Increasing Infrastructure Projects to Drive Market Growth

Rapid urbanization and population growth across the globe are encouraging governments to invest in infrastructure development. Countries such as China, India, Japan, the U.S., the U.K., and Germany are increasing the utilization of machine control systems with technologies such as GNSS, laser scanners, and sensors in infrastructure projects. Government bodies across the world are now more focused on developing smart infrastructure. For instance, in 2022, Saudi Arabia‘s Ministry of Municipal, Rural Affairs and Housing (MOMRA) signed an agreement to invest $10 billion in local infrastructure projects to provide over 150,000 housing units, covering 11 cities in the country, driving the demand of machine control systems in the country’s construction industry. Machine control systems play a key role in monitoring & controlling construction equipment and ensuring optimal performance, better quality assurance & construction operations. Machine control systems also help reduce machine & field downtime and improve resource utilization. Such government initiatives are driving the demand for machine control systems.

Key Findings in the Machine Control System Market Study:

The GNSS Segment to Account for the Largest Market Share in 2022

Based on component, the machine control systems market is segmented into total stations, GNSS, laser scanners, sensors, and other components. In 2022, the GNSS segment is expected to account for the largest share of the machine control systems market. The segment’s large share is attributed to the increasing demand for advanced navigation systems to enable precise equipment positioning. The GNSS segment is also expected to register the highest CAGR during the forecast period.

The Excavator Segment to Record the Highest CAGR During the Forecast Period

Based on machine type, the machine control systems market is segmented into dozers, graders, excavators, loaders, scrapers, and other machine types. In 2022, the excavators segment is expected to account for the largest share of the machine control systems market. The segment’s large share is attributed to the increasing investments in large-scale road construction, mining, and oil & gas projects, and commercial infrastructure development. The segment is also expected to record the highest CAGR during the forecast period.

The Construction Segment to Dominate the Market in 2022

Based on industry vertical, the machine control systems market is segmented into manufacturing, construction, agriculture, mining, oil & gas, and other industry verticals. In 2022, the construction segment is expected to account for the largest share of the machine control systems market. The segment is also expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to growing urbanization and an increase in government initiatives aimed at developing public infrastructure and smart cities.

Asia-Pacific to Be the Fastest-growing Market During the Forecast Period

Based on geography, the machine control systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is expected to account for the largest share of the machine control systems market. This regional market is also expected to record the highest CAGR during the forecast period. Factors such as the increasing demand for advanced technologies in the region’s industrial sector, government initiatives to develop commercial and residential infrastructure, and increasing public infrastructure projects are driving the growth of this regional market.

Key Players

The machine control system market study includes a competitive landscape based on an extensive assessment of the key strategic developments of leading market players from 2020 to 2022. The key players profiled in the machine control systems market study are Topcon Corporation (Japan), Trimble, Inc. (U.S.), Hexagon (Sweden), MOBA Mobile Automation (Germany), Hemisphere GNSS, Inc. (U.S.), Komatsu Ltd. (Japan), AB Volvo (Sweden), Eos Positioning Systems, Inc. (Canada), Hitachi Construction Machinery Co., Ltd. (Japan), Andritz (Austria), Caterpillar Inc. (U.S.), Carlson Software (U.S.), Honeywell International Inc. (U.S.), Liebherr (Germany), RIB Software SE (Germany), and ABB Ltd. (Switzerland).

Scope of the Report:

Machine Control System Market, by Component      

• Total Stations
• GNSS
• Laser Scanners
• Sensors
• Other Components

Machine Control System Market, by Machine Type

• Dozers
• Graders
• Excavators
• Loaders
• Scrapers
• Other Machine Types (Pavers, Drillers, Rollers, Etc.)

Machine Control System Market, by Control System Type   

• 2D
• 3D       

Machine Control System Market, by Controller Type

• Computer Numerical Control (CNC)
• Programmable Logic Controller (PLC)
• Programmable Automation Controller (PAC)
• Personal Computer (PC)
• Motion Controller
• Other Controller Types (Distributed Control Systems {DCS}, Temperature Controllers, Etc.)

Machine Control System Market, by Application      

• Machine Automation
• Monitoring & Control
• Machine Safety
• Other Applications

Machine Control System Market, by Industry Vertical                      

• Manufacturing
• Construction
• Agriculture
• Mining
• Oil & Gas
• Other Industry Verticals

Machine Control System Market, by Region             

• North America  
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific     
  • China
  • India
  • Japan
  • South Korea
  • Singapore
  • Rest of Asia-Pacific
• Latin America   
• Middle East & Africa

Key Questions Answered in the Report: