Share, Trend, 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), and Type of Delivery (Retrofit and OEM Build)
No. of Pages:
108
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Report Code:
BMIRE00030051
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Category:
Electronics and Semiconductor
The US machine control system market size was valued at US$ 1.9 billion in 2022 and is projected to reach US$ 3.1 billion by 2030; it is expected to register a CAGR of 6.3% from 2022 to 2030. The US machine control system market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases.
A machine control system is a technology that enables precise control and automation of machines, such as construction equipment, agricultural machinery, and industrial robots. It combines various components, including sensors, actuators, and software, to enhance the accuracy, efficiency, and productivity of these machines. Innovations in technology, such as the integration of GPS and GNSS systems, have significantly improved the accuracy and efficiency of machine control systems. This has led to increased demand from industries that rely on precise machine operations, such as construction and agriculture. The need for cost-effective and time-efficient operations drives the market.
Machine control systems enable automation and reduce human error, resulting in improved productivity and reduced operational costs. Also, regulatory requirements and safety standards in industries such as construction and mining have increased the demand for machine control systems. These systems help ensure compliance with safety regulations, enhance worker safety, and minimize accidents. The growing trend toward digitalization and Industry 4.0 has also contributed to the expansion of the US machine control system market. The ability of these systems to integrate with cloud computing, IoT, and other digital technologies enables real-time monitoring, data analytics, and remote control, further enhancing operational efficiency and decision-making.
Based on equipment, the OEM build segment held the largest US machine control system market share in 2022 and is expected to grow with the highest CAGR in the forecast period.
The OEM-fit product ensures that the excavator and machine control solution are properly matched. Several players in the US are launching OEM-fit-based products. For instance, in July 2021, Leica Geosystems AG launched OEM-Fit 2D and 3D machine control solutions for CASE D Series excavators from CASE SiteControl Certified dealers. This new product ensures that the best machine and solution combination is installed and tested by CASE-certified precision field professionals. It also simplifies the acquisition process by allowing the technology to be purchased alongside the equipment. Thus, such product launches propel the US machine control system market growth.
A machine retrofit solution that includes machine performance upgrades increases machine productivity by boosting machine production rates. A machine retrofit, such as new machine controls or machine tool monitoring systems, improves machine performance by upgrading existing equipment and might increase machine productivity from 10% to 30%. Several players, such as Nevatio Engineering Inc., provide machine retrofits, which fuels the growth of the US machine control system market.
Topcon Corp, Trimble Inc, Hemisphere GNSS Inc, Komatsu, Schneider Electric SE, MOBA MOBILE AUTOMATION AG, Leica Geosystems AG, ANDRITZ, M-Tech Control Corp, and AB Volvo are among the prominent players profiled in the US machine control system market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. The report includes growth prospects in light of current US machine control system market trends and driving factors influencing the market growth.
The "US machine control system market analysis" has been carried out by considering the following segments: type, equipment, industry, view type, and type of delivery. In terms of type, the market is segmented into total stations, GNSS, laser scanners, airborne systems, GIS collectors, and others. Based on equipment, the market is segmented into excavators, graders, loaders, dozers, scrappers, paving systems, and others. In terms of industry, the market is categorized into infrastructure, commercial, residential, and industrial. Based on view type, the market is bifurcated into 2D and 3D. In terms of type of delivery, the market is bifurcated into retrofit and OEM build.
US Machine Control System Strategic Insights
Strategic insights for the US Machine Control System provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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US Machine Control System Report Scope
Report Attribute
Details
Market size in 2022
US$ 1.9 Billion
Market Size by 2030
US$ 3.1 Billion
Global CAGR (2022 - 2030)
6.3%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
Total Stations
GNSS
Laser Scanners
Airborne Systems
GIS Collectors
By Equipment
Excavators
Graders
Loaders
Dozers
Scrappers
Paving System
By Industry
Infrastructure
Commercial
Residential
Industrial
By View Type
2D and 3D
By Type of Delivery
Retrofit and OEM Build
Regions and Countries Covered
United States
United States
Market leaders and key company profiles
Topcon Corp
Trimble Inc
Hemisphere GNSS Inc
Komatsu
Schneider Electric SE
MOBA MOBILE AUTOMATION AG
Leica Geosystems AG
ANDRITZ
M-Tech Control Corp
AB Volvo
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US Machine Control System Regional Insights
The geographic scope of the US Machine Control System refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Identical Market Reports with other Region/Countries
The List of Companies - US Machine Control System Market
The List of?Companies - US Machine Control System Market
Topcon Corp
Trimble Inc
Hemisphere GNSS Inc
Komatsu
Schneider Electric SE
MOBA MOBILE AUTOMATION AG
Leica Geosystems AG
ANDRITZ
M-Tech Control Corp
AB Volvo
Frequently Asked Questions
How big is the US Machine Control System Market?
The US Machine Control System Market is valued at US$ 1.9 Billion in 2022, it is projected to reach US$ 3.1 Billion by 2030.
What is the CAGR for US Machine Control System Market by (2022 - 2030)?
As per our report US Machine Control System Market, the market size is valued at US$ 1.9 Billion in 2022, projecting it to reach US$ 3.1 Billion by 2030. This translates to a CAGR of approximately 6.3% during the forecast period.
What segments are covered in this report?
The US Machine Control System Market report typically cover these key segments-
Type (Total Stations, GNSS, Laser Scanners, Airborne Systems, GIS Collectors)
Industry (Infrastructure, Commercial, Residential, Industrial)
View Type (2D and 3D)
Type of Delivery (Retrofit and OEM Build)
What is the historic period, base year, and forecast period taken for US Machine Control System Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the US Machine Control System Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in US Machine Control System Market?
The US Machine Control System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Topcon Corp
Trimble Inc
Hemisphere GNSS Inc
Komatsu
Schneider Electric SE
MOBA MOBILE AUTOMATION AG
Leica Geosystems AG
ANDRITZ
M-Tech Control Corp
AB Volvo
Who should buy this report?
The US Machine Control System Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the US Machine Control System Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
Competitive Analysis and Assessment, Define Business Strategies, Market Outlook and
Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines