The global machine control systems market is primarily driven by factors such as its ability to eliminate heavy earthworks and increasing demand for quality assurance checks and the need for quicker surveys in order to speed up the total time required thereby improving the overall throughput of the process. These factors will fuel the global Machine Control Systems market during the forecast period.
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High initial investment needed to implement machine control systems may pose a threat to the growth of the overall market. However, increasing implementation of IoT or internet of things in the construction equipment industry and the rising demand for automatic navigation and control systems in the construction industry will propel the overall growth of the Machine Control Systems market in the coming years.
The global Machine Control Systems market can be segmented by type, equipment, industry and region. By type, the market can be divided into total global navigation satellite system (GNSS), stations, geographic information system (GIS) collectors, laser scanners, airborne systems , and others (tablets and antennas). Total stations held the maximum share of the global Machine Control Systems market in 2016. Total stations offer comprehensive solutions for grading; it delivers the 3D picturing of the grading sites with the assistance of hydraulics mounted with GPS or GNSS systems. Moreover, the handling of total stations is much easier than other devices such as laser scanners and GNSSs, in terms of flexibility. They can do the job of laser scanners, graders, and scrapers simultaneously. Owing to these factors, the growth of total stations is likely to escalate during the forecast period.
In terms of equipment, the global Machine Control Systems market can be segregated into loaders, excavators, graders, scrapers, dozers, drillers & pilers and paving systems. Graders are usually utilized in total stations in order to get accuracy while grading, elevation of blades, and control slope. This equipment improves accuracy and increases efficiency, while reducing costs. Hence, total stations are extensively used in grading operations. Moreover, graders guarantee the elevation or level of the jobsite by using machine control systems. Due to the flexibility and precision obtainable by graders in machine control systems, this segment is projected to grow at a considerable rate between 2017 and 2025. By industry, the global Machine Control Systems market can be classified into construction, transportation, agriculture, marine, waste management, utilities, mining, and others. The construction held a significant market share in the Machine Control Systems market in 2017. The introduction of machine control systems has greatly transformed the construction industry due to the rise in construction of commercial buildings, residential buildings, and retail spaces around the world.
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By geography, the global Machine Control Systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia is anticipated to grow at the maximum rate over the forecast period primarily due to the development of the transportation infrastructure and construction industry in this region. Rising urbanization and industrialization along with favorable government initiatives are likely to encourage the growth of the market in this region. Moreover, emerging economies such as India and China are commissioning huge infrastructure projects and investing profoundly in the transportation projects.
Some of the major players operating in the global Machine Control Systems market are Topcon Corporation (Japan), Leica Geosystems (Switzerland), Trimble Inc. (U.S.), MOBA Mobile Automation AG (Germany), RIB Software AG (Germany), Belden Inc. (U.S.), Andritz Ltd. (Austria), Maximatecc (U.S.), Prolec Ltd. (U.K.) and Schneider Electric (France).