Eos Positioning Systems, Inc. (Eos) announced the release of two new Arrow Series GNSS receiver models: the Arrow Gold+ and Arrow 100+

Machine control systems have brought about a revolution in the automotive industry. Risk management, supply chain management, and asset management have become easier tasks to handle with machine control systems. With an aim to gain larger market attraction, the top players are launching new products daily in the market.   

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The global machine control system market is expected to reach USD 9,371.86 million by 2029 from USD 5,379.27 million in 2021, growing with a healthy CAGR of 7.3% in the forecast period of 2022 to 2029. The growth and expansion of automotive and semiconductors industry especially in the emerging economies is one of the major factors fostering the growth of the market. Rising deployment of machine vision systems by the small and medium scale industries in the developing economies is yet again an important market growth determinant.

Machine control systems

Rising need for accuracy and precision in control systems is expected to drive the market's growth rate

Machine control systems have gained popularity in industries due to their high precision and accuracy characteristics. Increased expenditure by public and private players on the development of automotive infrastructure will also promote the market growth rate. Continuous research and development pertaining to the technological deployment has further increased acceptance of organic fertilizers.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Raw Material (Base Metal Smelters, Elemental Sulfur, Pyrite Ore and Others), Form (Concentrated, 66 Degree Baume Sulfuric Acid, Tower/Glover Acid, Chamber/Fertilizer Acid, Battery Acid and Dilute Sulfuric Acid), Manufacturing Process (Contact Process, Lead Chamber Process, Wet Sulfuric Acid Process, Metabisulfite Process and Others), Distribution Channel (Offline and Online), Application (Fertilizers, Chemical Manufacturing, Petroleum Refining, Metal Processing, Automotive, Textile, Drug Manufacturing, Pulp & Paper, Industrial And Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

ABB (Sweden), Topcon (Japan), Eos Positioning Systems, Inc. (Canada), maximatecc (U.S.), Kobelco Construction Machinery Co, Ltd. (U.S.), SATEL (India), Trimble Inc. (U.S.), Hemisphere GNSS, Inc. (U.S.), MOBA MOBILE AUTOMATION AG (Germany), Belden Inc. (U.S.), RaptorTech (U.S.), Hexagon (Sweden), RIB Group (Germany), James Fisher and Sons plc (U.K.), Carlson Software (U.S.), L5 Navigation Systems AB (Sweden), Challenger Geomatics Ltd. (Canada), LIEBHERR (Germany), Schneider Electric (France), MITSUI & CO., LTD. (Japan), Rockwell Automation, Inc. (U.S.), Komatsu Ltd. (Japan), Microverse Automation Pvt. Ltd. (India), Coperion GmbH (Germany), Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany), OMRON Corporation (Japan), ANDRITZ (Austria), Siemens (Germany), Honeywell International Inc. (U.S.) among others            

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Segment Analysis:

The global machine control system market is segmented into five notable segments based on technology, vehicle equipment, controller type, application, and industry.

  • On the basis of technology, the global machine control system market is segmented into global navigation satellite system (GNSS), laser scanners, GIS collectors, total stations, airborne systems, and others. In 2022, the global navigation satellite system (GNSS) segment is expected to dominate the global machine control system market with a 34.85% market share because the global navigation satellite system (GNSS) provides accurate timing information utilized to develop a high-precision IoT network.
  • On the basis of vehicle equipment, the global machine control system market has been segmented into excavators, loaders, dozers, scrapers, graders, rollers, drillers and pillars, pavers and cold planers, and others. In 2022, the excavators segment is expected to dominate the global machine control system market with a 25.21% market share due to the capability of sensing the precise location of an excavator at all times relative to its environment, also helping the operator dig in the right spot.     
  • On the basis of controller type, the global machine control system market has been segmented into computer numerical control (CNC), programmable logic controller (PLC), programmable automation controller (PAC), personal computer (PC), motion controllers, and others. In 2022, the programmable logic controller (PLC) segment is expected to dominate the global machine control system market with a 29.77% market share. The deployment of PLC systems enables the identification and rectification of errors and can initiate rapid development responses even without human intervention.
  • On the basis of application, the global machine control system market has been segmented into motion and control, guidance and automation, mass excavation, spot-bulldozing, and others. In 2022, the motion and control segment is expected to dominate the global machine control system market with a 32.24% market share due to the high requirement of monitoring and control-based machine control systems in artificial intelligence (AI) powered smart systems.  

Motion and control is expected to dominate the application segment of the global machine control system market

The motion and control segment is projected to emerge as the dominating segment in 2022. Growth and expansion of the semiconductors industry will emerge as a proficient market growth driver. Further, high requirement of monitoring and control-based machine control systems in artificial intelligence (AI) powered smart systems will widen the scope of growth for the motion and control segment in 2022.

  • On the basis of industry, the global machine control system market has been segmented into building and construction, agriculture, mining, transportation, aerospace and defense, automotive, marine, waste management, utilities, and others. In 2022, the building and construction segment is expected to dominate the global machine control system market with a 29.98% market share due to the global growth of infrastructure projects.

Building and construction is expected to dominate the industry segment of the global machine control system market

Growth and expansion of buildings and construction industry, especially in the developing economies, is responsible for bolstering the growth and dominance of this segment. Further, increasing construction, reconstruction, renovation and remodeling activities combined with the growing rate of urbanization will yet again be important market growth determinants. Surging rate of urbanization in the backward economies will also emerge as an important growth driver for this segment.

Major Players

Data Bridge Market Research recognizes the following companies as the major machine control system market players in advanced wound care market are Belden Inc. (U.S.), Komatsu Ltd. (Japan), Hexagon (Sweden), Schinder Electric (France), OMRON Corporation (Japan), and LIEBHERR (Germany).

Machine control systems

Market Development

  • In November 2021, Topcon introduced its MC-Max machine control solution. Based on its MC-X machine control platform, and backed by Sitelink3D — the company's real-time, cloud-based data management ecosystem — MC-Max is a scalable solution for mixed-fleet heavy equipment environments. It is designed to adapt to owners' machine control and data integration needs as their fleets and workflows expand. This development helps in enhancing the product portfolio of the company.
  • In November 2021, Rockwell Automation introduced New Remote Access Solution. This new solution designed for OEMs is only the latest remote access offering from Rockwell Automation that offers a wide range of remote access services for manufacturers, including 24/7 remote application monitoring and support to help customers proactively address maintenance issues. Through this launch, the company has enhanced its product and services in the market
  • In December 2021, Honeywell International Inc. planned to acquire U.S Digital Designs, Inc., expanding public safety communication capabilities. This acquisition has resulted in the expansion of the line of solutions for the company. This acquisition helped the company extend the product portfolio and help enhance the company's revenue.

Regional Analysis

Geographically, the countries covered in the machine control system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in machine control system market during the forecast period 2022 - 2029

In 2022, Asia-Pacific will dominate the global machine control system market as the region has the highest number of industries that adopt digitization for their manufacturing processes which subsequently increases the need for the machine control system. Moreover rising number of research and development activities in combination with the growth and expansion of automotive industry is also boosting the sulfuric acid market growth 

North America is estimated to be the fastest-growing region in machine control system market the forecast period 2022 - 2029

North America is expected to grow during the forecast period due to the presence of major market players and rapid development of infrastructural facilities in emerging economies in this region. In addition to this, rising private and public expenditure on the development of chemicals industry infrastructure in the developing and backward economies and increasing per-capita income are expected to propel the market's growth rate in this region. Also, growing demand for automation and process instrumentation in construction projects and significant investment in infrastructure projects in the past decade and are further expected to increase the spending are some other important market growth determinants.

COVID-19 Impact Analysis

COVID-19 brought an epidemic on the industries, especially the manufacturing industry. Restrictions imposed on the transportation and movement altogether negatively impacted the market. Further disruptions in the supply chain, including logistics, storage and warehousing. The government has taken some strict actions such as the shutdown of production and sale of non-essential goods, blocked international trade, and many more to prevent the spread of COVID-19 which in turn negatively impacted the market. Also, shut down of the infrastructural construction activities or buildings and construction activities during this period further derailed the market growth rate. However, the governments are taking steps to relax tax, fiscal deficit, and others to minimize the impact. Manufacturers are making various strategic decisions to bounce back post-COVID-19. Also, rising application areas for machine control systems in water management, agriculture purpose, oceanography, and defense and security is a positive sign for the market.

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