Machine Control System Market with COVID-19 Impact Analysis - Global Forecast to 2027

Table of Content

1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 DEFINITION 26
1.2.1 INCLUSIONS AND EXCLUSIONS 27
1.3 STUDY SCOPE 27
1.3.1 MARKETS COVERED 27
FIGURE 1 MACHINE CONTROL SYSTEM MARKET: SEGMENTATION 27
1.3.2 GEOGRAPHIC SCOPE 28
1.3.3 YEARS CONSIDERED 28
1.4 CURRENCY 29
1.5 STAKEHOLDERS 29
1.6 SUMMARY OF CHANGES 29
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 2 RESEARCH DESIGN 31
2.1.1 SECONDARY AND PRIMARY RESEARCH 33
2.1.2 SECONDARY DATA 34
2.1.2.1 Key data from secondary resources 34
2.1.2.2 List of major secondary sources 34
2.1.3 PRIMARY DATA 35
2.1.3.1 Primary interviews with experts 35
2.1.3.2 Key industry insights 35
2.1.3.3 Key data from primary sources 36
2.1.3.4 Breakdown of primaries 36
2.2 MARKET SIZE ESTIMATION 37
2.2.1 BOTTOM-UP APPROACH 37
2.2.1.1 Approach for arriving at market size using bottom-up approach (demand side) 37
FIGURE 3 BOTTOM-UP APPROACH 37
2.2.2 TOP-DOWN APPROACH 38
2.2.2.1 Approach for arriving at market size by top-down approach
(supply side) 38
FIGURE 4 TOP-DOWN APPROACH 38
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY THROUGH
DEMAND-SIDE ANALYSIS 38
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 39
FIGURE 6 DATA TRIANGULATION 39
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2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 40
2.4.1 ASSUMPTIONS 40
FIGURE 7 ASSUMPTIONS OF RESEARCH STUDY 40
2.4.2 LIMITATIONS 40
2.4.3 RISK ASSESSMENT 41
FIGURE 8 RISK ASSESSMENT 41
3 EXECUTIVE SUMMARY 42
FIGURE 9 MACHINE CONTROL SYSTEM MARKET: POST-COVID-19 SCENARIOS 42
3.1 REALISTIC SCENARIO 43
TABLE 1 MACHINE CONTROL SYSTEM MARKET, REALISTIC SCENARIO,
2022–2027 (USD MILLION) 43
3.2 PESSIMISTIC SCENARIO 43
TABLE 2 MACHINE CONTROL SYSTEM MARKET, PESSIMISTIC SCENARIO,
2022–2027 (USD MILLION) 43
3.3 OPTIMISTIC SCENARIO 43
TABLE 3 MACHINE CONTROL SYSTEM MARKET, OPTIMISTIC SCENARIO,
2022–2027 (USD MILLION) 43
FIGURE 10 GNSS TO EXHIBIT HIGHEST CAGR IN MACHINE CONTROL SYSTEM
MARKET DURING 2022–2027 44
FIGURE 11 EXCAVATORS TO ACCOUNT FOR LARGEST SIZE OF MACHINE CONTROL SYSTEM MARKET DURING 2022–2027 44
FIGURE 12 INFRASTRUCTURE VERTICAL DOMINATED MACHINE CONTROL SYSTEM MARKET IN 2021 45
FIGURE 13 ASIA PACIFIC MACHINE CONTROL SYSTEM MARKET TO REGISTER
HIGHEST CAGR DURING 2022–2027 46
4 PREMIUM INSIGHTS 47
4.1 ASIA PACIFIC TO PROVIDE LUCRATIVE OPPORTUNITIES FOR
MACHINE CONTROL SYSTEM MARKET 47
FIGURE 14 ATTRACTIVE GROWTH OPPORTUNITIES IN MACHINE
CONTROL SYSTEM MARKET 47
4.2 MACHINE CONTROL SYSTEM MARKET, BY TYPE 47
FIGURE 15 GNSS TO ACCOUNT FOR LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD 47
4.3 MACHINE CONTROL SYSTEM MARKET, BY EQUIPMENT 48
FIGURE 16 EXCAVATORS TO ACCOUNT FOR LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET IN 2027 48
4.4 MACHINE CONTROL SYSTEM MARKET, BY REGION 48
FIGURE 17 MACHINE CONTROL SYSTEM MARKET TO GROW AT HIGHEST CAGR
IN CHINA FROM 2022 TO 2027 48
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5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
FIGURE 18 MACHINE CONTROL SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 49
5.2.1 DRIVERS 50
5.2.1.1 Elimination of bulk earthworks setout and survey pegging 50
5.2.1.2 Requirement of faster work and maximum efficiency in tightly scheduled infrastructure projects 50
5.2.1.3 Safety concerns associated with workers and heavy
construction machinery 51
5.2.1.4 Anticipated demand from growing construction industry 51
FIGURE 19 GROWTH IN INFRASTRUCTURE CONSTRUCTION, 2020–2030 52
FIGURE 20 MACHINE CONTROL SYSTEM MARKET: IMPACT ANALYSIS OF DRIVERS 52
5.2.2 RESTRAINTS 53
5.2.2.1 Decrease in demand for machine control systems due to
COVID-19 outbreak 53
5.2.2.2 Requirement of high initial investment 53
5.2.2.3 Lack of essential technical expertise 53
FIGURE 21 MACHINE CONTROL SYSTEM MARKET: IMPACT ANALYSIS OF
RESTRAINTS AND CHALLENGES 54
5.2.3 OPPORTUNITIES 54
5.2.3.1 Rising trend of 3D modeling and scanning across industries 54
5.2.3.2 Increasing demand for machine-guided technologies in emerging nations in Asia Pacific 55
FIGURE 22 MACHINE CONTROL SYSTEM MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 55
5.2.4 CHALLENGES 56
5.2.4.1 Sustaining reliability and accuracy in data provided by machine control systems based on GNSS technology 56
FIGURE 23 MACHINE CONTROL SYSTEM MARKET: IMPACT ANALYSIS OF CHALLENGES 56
5.3 VALUE CHAIN ANALYSIS 57
FIGURE 24 VALUE CHAIN ANALYSIS OF MACHINE CONTROL SYSTEM MARKET 57
5.4 ECOSYSTEM ANALYSIS 58
FIGURE 25 ECOSYSTEM 58
TABLE 4 MACHINE CONTROL SYSTEM MARKET: ECOSYSTEM 59
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS 60
FIGURE 26 REVENUE SHIFT FOR MACHINE CONTROL SYSTEM MARKET 60
5.6 PORTER’S FIVE FORCES ANALYSIS 60
TABLE 5 MACHINE CONTROL SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 60
5.7 CASE STUDIES 61
TABLE 6 ASSESSMENT OF GNSS RECEIVER FROM EOS POSITIONING SYSTEMS 61
TABLE 7 USE OF TOTAL STATIONS IN LARGE CONSTRUCTION PROJECTS 62
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5.8 TECHNOLOGY ANALYSIS 62
5.8.1 IOT 62
5.8.2 MACHINE LEARNING 62
5.8.3 ARTIFICIAL INTELLIGENCE 63
5.9 PRICING ANALYSIS 63
TABLE 8 APPROXIMATE AVERAGE SELLING PRICE OF CONSTRUCTION EQUIPMENT 63
5.10 TRADE ANALYSIS 64
5.10.1 IMPORTS SCENARIO 64
FIGURE 27 IMPORTS, BY KEY COUNTRY, 2016–2020 (USD MILLION) 64
5.10.2 EXPORTS SCENARIO 65
FIGURE 28 EXPORTS, BY KEY COUNTRY, 2016–2020 (USD MILLION) 65
5.11 PATENTS ANALYSIS 65
FIGURE 29 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
IN LAST 10 YEARS 65
TABLE 9 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS 66
FIGURE 30 NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 2021 67
TABLE 10 SOME NOTABLE PATENTS RELATED TO MACHINE CONTROL
SYSTEM MARKET, 2021 67
5.12 REGULATORY LANDSCAPE 69
TABLE 11 STANDARDS FOR MACHINE CONTROL SYSTEMS 69
TABLE 12 REGULATIONS FOR CONSTRUCTION EQUIPMENT 70
6 OFFERINGS AND LATEST TRENDS IN MACHINE CONTROL SYSTEM MARKET 71
6.1 INTRODUCTION 71
6.2 OFFERINGS IN MACHINE CONTROL SYSTEM MARKET 71
FIGURE 31 OFFERINGS IN MACHINE CONTROL SYSTEM MARKET 71
6.2.1 HARDWARE 71
6.2.2 SOFTWARE 71
6.2.3 SERVICES 72
6.3 LATEST TRENDS IN MARKET 72
6.3.1 UNMANNED AERIAL VEHICLES (UAV) 72
6.3.2 AUGMENTED REALITY (AR) 72
6.3.3 AIRBORNE SYSTEMS 73
7 MACHINE CONTROL SYSTEM MARKET, BY TYPE 74
7.1 INTRODUCTION 75
FIGURE 32 MACHINE CONTROL SYSTEM MARKET, BY TYPE 75
FIGURE 33 GNSS TO HOLD LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD 76
TABLE 13 MACHINE CONTROL SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION) 76
TABLE 14 MACHINE CONTROL SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION) 76
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7.2 TOTAL STATIONS 77
7.2.1 TOTAL STATIONS HAVE SIGNIFICANT DEMAND IN COMMERCIAL CONSTRUCTION AND INFRASTRUCTURE PROJECTS 77
TABLE 15 MACHINE CONTROL SYSTEM MARKET FOR TOTAL STATIONS, BY EQUIPMENT, 2018–2021 (USD MILLION) 77
TABLE 16 MACHINE CONTROL SYSTEM MARKET FOR TOTAL STATIONS, BY EQUIPMENT, 2022–2027 (USD MILLION) 78
7.3 GLOBAL NAVIGATION SATELLITE SYSTEMS (GNSS) 78
7.3.1 GNSS PROVIDES MORE ACCURACY AND REDUCTION IN CONVERGENCE TIME 78
TABLE 17 MACHINE CONTROL SYSTEM MARKET FOR GNSS, BY EQUIPMENT,
2018–2021 (USD MILLION) 79
TABLE 18 MACHINE CONTROL SYSTEM MARKET FOR GNSS, BY EQUIPMENT,
2022–2027 (USD MILLION) 79
7.4 LASER SCANNERS 80
7.4.1 3D LASER SCANNERS ARE PREFERRED OVER OTHER SURVEYING INSTRUMENTS OWING TO HIGH ACCURACY 80
TABLE 19 TOTAL STATIONS VS. 3D LASER SCANNERS 80
TABLE 20 MACHINE CONTROL SYSTEM MARKET FOR LASER SCANNERS,
BY EQUIPMENT, 2018–2021 (USD MILLION) 81
TABLE 21 MACHINE CONTROL SYSTEM MARKET FOR LASER SCANNERS,
BY EQUIPMENT, 2022–2027 (USD MILLION) 81
7.5 SENSORS 81
7.5.1 POSITIONING SENSORS REDUCE PROCESSING TIME FOR
MACHINE CONTROL SYSTEMS 81
TABLE 22 MACHINE CONTROL SYSTEM MARKET FOR SENSORS, BY EQUIPMENT,
2018–2021 (USD MILLION) 82
TABLE 23 MACHINE CONTROL SYSTEM MARKET FOR SENSORS, BY EQUIPMENT,
2022–2027 (USD MILLION) 82
8 MACHINE CONTROL SYSTEM MARKET, BY EQUIPMENT 83
8.1 INTRODUCTION 84
FIGURE 34 MACHINE CONTROL SYSTEM MARKET, BY EQUIPMENT 84
FIGURE 35 EXCAVATORS TO ACCOUNT FOR LARGEST SIZE OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD 85
TABLE 24 MACHINE CONTROL SYSTEM MARKET, BY EQUIPMENT,
2018–2021 (USD MILLION) 85
TABLE 25 MACHINE CONTROL SYSTEM MARKET, BY EQUIPMENT,
2022–2027 (USD MILLION) 85
8.2 EXCAVATORS 86
8.2.1 EXCAVATORS PROVIDE MAJOR SUPPORT IN UNDERGROUND
CONSTRUCTION ACTIVITIES 86
TABLE 26 MACHINE CONTROL SYSTEM MARKET FOR EXCAVATORS, BY REGION,
2018–2021 (USD MILLION) 86
TABLE 27 MACHINE CONTROL SYSTEM MARKET FOR EXCAVATORS, BY REGION,
2022–2027 (USD MILLION) 87
TABLE 28 MACHINE CONTROL SYSTEM MARKET FOR EXCAVATORS, BY TYPE,
2018–2021 (USD MILLION) 87
TABLE 29 MACHINE CONTROL SYSTEM MARKET FOR EXCAVATORS, BY TYPE,
2022–2027 (USD MILLION) 87
8.3 LOADERS 88
8.3.1 LOADERS ARE USEFUL IN MOVING CONSTRUCTION MATERIALS AND DEMOLITION REMAINS 88
FIGURE 36 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET FOR LOADERS IN 2022 88
TABLE 30 MACHINE CONTROL SYSTEM MARKET FOR LOADERS, BY REGION,
2018–2021 (USD MILLION) 89
TABLE 31 MACHINE CONTROL SYSTEM MARKET FOR LOADERS, BY REGION,
2022–2027 (USD MILLION) 89
TABLE 32 MACHINE CONTROL SYSTEM MARKET FOR LOADERS, BY TYPE,
2018–2021 (USD MILLION) 89
TABLE 33 MACHINE CONTROL SYSTEM MARKET FOR LOADERS, BY TYPE,
2022–2027 (USD MILLION) 90
8.4 GRADERS 90
8.4.1 GRADERS INCREASE EFFICIENCY AND REDUCE OPERATING
COSTS IN LANDSCAPING 90
TABLE 34 MACHINE CONTROL SYSTEM MARKET FOR GRADERS, BY REGION,
2018–2021 (USD MILLION) 91
TABLE 35 MACHINE CONTROL SYSTEM MARKET FOR GRADERS, BY REGION,
2022–2027 (USD MILLION) 91
TABLE 36 MACHINE CONTROL SYSTEM MARKET FOR GRADERS, BY TYPE,
2018–2021 (USD MILLION) 91
TABLE 37 MACHINE CONTROL SYSTEM MARKET FOR GRADERS, BY TYPE,
2022–2027 (USD MILLION) 92
8.5 DOZERS 92
8.5.1 DOZERS ARE WIDELY USED CONSTRUCTION EQUIPMENT IN
SEVERAL PROJECTS 92
FIGURE 37 MACHINE CONTROL SYSTEM MARKET FOR DOZERS TO GROW AT
HIGHEST CAGR IN ASIA PACIFIC DURING 2022–2027 93
TABLE 38 MACHINE CONTROL SYSTEM MARKET FOR DOZERS, BY REGION,
2018–2021 (USD MILLION) 93
TABLE 39 MACHINE CONTROL SYSTEM MARKET FOR DOZERS, BY REGION,
2022–2027 (USD MILLION) 93
TABLE 40 MACHINE CONTROL SYSTEM MARKET FOR DOZERS, BY TYPE,
2018–2021 (USD MILLION) 94
TABLE 41 MACHINE CONTROL SYSTEM MARKET FOR DOZERS, BY TYPE,
2022–2027 (USD MILLION) 94
8.6 SCRAPERS 94
8.6.1 SCRAPERS PROVIDES MORE MATERIAL MOVEMENT PER MINUTE 94
TABLE 42 MACHINE CONTROL SYSTEM MARKET FOR SCRAPERS, BY REGION,
2018–2021 (USD MILLION) 95
TABLE 43 MACHINE CONTROL SYSTEM MARKET FOR SCRAPERS, BY REGION,
2022–2027 (USD MILLION) 95
TABLE 44 MACHINE CONTROL SYSTEM MARKET FOR SCRAPERS, BY TYPE,
2018–2021 (USD MILLION) 95
TABLE 45 MACHINE CONTROL SYSTEM MARKET FOR SCRAPERS, BY TYPE,
2022–2027 (USD MILLION) 96
8.7 PAVING SYSTEMS 96
8.7.1 MACHINE CONTROL SYSTEMS OFFER MORE EFFICIENT WORKING
OPERATION OF PAVING SYSTEMS 96
FIGURE 38 GNSS TO DOMINATE MACHINE CONTROL SYSTEM MARKET FOR
PAVING SYSTEMS DURING 2022-2027 97
TABLE 46 MACHINE CONTROL SYSTEM MARKET FOR PAVING SYSTEMS, BY REGION, 2018–2021 (USD MILLION) 97
TABLE 47 MACHINE CONTROL SYSTEM MARKET FOR PAVING SYSTEMS, BY REGION, 2022–2027 (USD MILLION) 97
TABLE 48 MACHINE CONTROL SYSTEM MARKET FOR PAVING SYSTEMS, BY TYPE, 2018–2021 (USD MILLION) 98
TABLE 49 MACHINE CONTROL SYSTEM MARKET FOR PAVING SYSTEMS, BY TYPE, 2022–2027 (USD MILLION) 98
9 MACHINE CONTROL SYSTEM MARKET, BY VERTICAL 99
9.1 INTRODUCTION 100
FIGURE 39 MACHINE CONTROL MARKET, BY VERTICAL 100
FIGURE 40 INFRASTRUCTURE TO ACCOUNT FOR LARGEST SIZE OF MACHINE CONTROL SYSTEM MARKET DURING FORECAST PERIOD 100
TABLE 50 MACHINE CONTROL SYSTEM MARKET, BY VERTICAL,
2018–2021 (USD MILLION) 100
TABLE 51 MACHINE CONTROL SYSTEM MARKET, BY VERTICAL,
2022–2027 (USD MILLION) 101
9.2 INFRASTRUCTURE 101
9.2.1 INFRASTRUCTURE SECTOR TO NOTABLY CONTRIBUTE TO OVERALL MARKET 101
TABLE 52 MACHINE CONTROL SYSTEM MARKET FOR INFRASTRUCTURE, BY REGION, 2018–2021 (USD MILLION) 102
TABLE 53 MACHINE CONTROL SYSTEM MARKET FOR INFRASTRUCTURE, BY REGION, 2022–2027 (USD MILLION) 102
TABLE 54 MACHINE CONTROL SYSTEM MARKET FOR INFRASTRUCTURE,
BY EQUIPMENT, 2018–2021 (USD MILLION) 103
TABLE 55 MACHINE CONTROL SYSTEM MARKET FOR INFRASTRUCTURE,
BY EQUIPMENT, 2022–2027 (USD MILLION) 103
9.3 COMMERCIAL 104
9.3.1 ASIA PACIFIC CONTRIBUTES SIGNIFICANTLY TO MARKET GROWTH FOR COMMERCIAL VERTICAL 104
FIGURE 41 MACHINE CONTROL SYSTEM MARKET FOR COMMERCIAL TO GROW AT HIGHEST RATE IN ASIA PACIFIC DURING FORECAST PERIOD 104
TABLE 56 MACHINE CONTROL SYSTEM MARKET FOR COMMERCIAL, BY REGION,
2018–2021 (USD MILLION) 105
TABLE 57 MACHINE CONTROL SYSTEM MARKET FOR COMMERCIAL, BY REGION,
2022–2027 (USD MILLION) 105
TABLE 58 MACHINE CONTROL SYSTEM MARKET FOR COMMERCIAL, BY EQUIPMENT, 2018–2021 (USD MILLION) 105
TABLE 59 MACHINE CONTROL SYSTEM MARKET FOR COMMERCIAL, BY EQUIPMENT, 2022–2027 (USD MILLION) 106
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9.4 RESIDENTIAL 106
9.4.1 EXCAVATORS ARE MAJORLY USED IN RESIDENTIAL PROJECTS 106
TABLE 60 MACHINE CONTROL SYSTEM MARKET FOR RESIDENTIAL, BY REGION,
2018–2021 (USD MILLION) 106
TABLE 61 MACHINE CONTROL SYSTEM MARKET FOR RESIDENTIAL, BY REGION,
2022–2027 (USD MILLION) 107
TABLE 62 MACHINE CONTROL SYSTEM MARKET FOR RESIDENTIAL, BY EQUIPMENT, 2018–2021 (USD MILLION) 107
TABLE 63 MACHINE CONTROL SYSTEM MARKET FOR RESIDENTIAL, BY EQUIPMENT, 2022–2027 (USD MILLION) 107
9.5 INDUSTRIAL 108
9.5.1 RISING INVESTMENTS IN MINING INDUSTRY TO SUPPORT MARKET GROWTH IN INDUSTRIAL VERTICAL 108
FIGURE 42 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF MACHINE CONTROL SYSTEM MARKET FOR COMMERCIAL DURING FORECAST PERIOD 109
TABLE 64 MACHINE CONTROL SYSTEM MARKET FOR INDUSTRIAL, BY REGION,
2018–2021 (USD MILLION) 109
TABLE 65 MACHINE CONTROL SYSTEM MARKET FOR INDUSTRIAL, BY REGION,
2022–2027 (USD MILLION) 109
TABLE 66 MACHINE CONTROL SYSTEM MARKET FOR INDUSTRIAL, BY EQUIPMENT, 2018–2021 (USD MILLION) 110
TABLE 67 MACHINE CONTROL SYSTEM MARKET FOR INDUSTRIAL, BY EQUIPMENT, 2022–2027 (USD MILLION) 110
10 GEOGRAPHIC ANALYSIS 111
10.1 INTRODUCTION 112
FIGURE 43 CHINA TO GROW AT HIGHEST CAGR BETWEEN 2022–2027 112
TABLE 68 MACHINE CONTROL SYSTEM MARKET, BY REGION,
2018–2021 (USD MILLION) 112
TABLE 69 MACHINE CONTROL SYSTEM MARKET, BY REGION, 2022–2027 (MILLION) 113
10.2 NORTH AMERICA 114
FIGURE 44 SNAPSHOT OF MACHINE CONTROL SYSTEM MARKET IN NORTH AMERICA 114
TABLE 70 MACHINE CONTROL SYSTEM MARKET IN NORTH AMERICA, BY EQUIPMENT, 2018–2021 (USD MILLION) 115
TABLE 71 MACHINE CONTROL SYSTEM MARKET IN NORTH AMERICA, BY EQUIPMENT, 2022–2027 (USD MILLION) 115
TABLE 72 MACHINE CONTROL SYSTEM MARKET IN NORTH AMERICA, BY VERTICAL, 2018–2021 (USD MILLION) 115
TABLE 73 MACHINE CONTROL SYSTEM MARKET IN NORTH AMERICA, BY VERTICAL, 2022–2027 (USD MILLION) 116
TABLE 74 MACHINE CONTROL SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (MILLION) 116
TABLE 75 MACHINE CONTROL SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (MILLION) 116
10.2.1 US 117
10.2.1.1 High investments in infrastructure developments to propel growth of market in US 117
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10.2.2 CANADA 117
10.2.2.1 Market in Canada majorly driven by mining industry 117
10.2.3 MEXICO 117
10.2.3.1 Growing construction industry with government support to drive demand from machine control market in Mexico 117
10.3 EUROPE 117
FIGURE 45 SNAPSHOT OF MACHINE CONTROL SYSTEM MARKET IN EUROPE 118
TABLE 76 MACHINE CONTROL SYSTEM MARKET IN EUROPE, BY EQUIPMENT,
2018–2021 (USD MILLION) 118
TABLE 77 MACHINE CONTROL SYSTEM MARKET IN EUROPE, BY EQUIPMENT,
2022–2027 (USD MILLION) 119
TABLE 78 MACHINE CONTROL SYSTEM MARKET IN EUROPE, BY VERTICAL,
2018–2021 (USD MILLION) 119
TABLE 79 MACHINE CONTROL SYSTEM MARKET IN EUROPE, BY VERTICAL,
2022–2027 (USD MILLION) 119
TABLE 80 MACHINE CONTROL SYSTEM MARKET IN EUROPE, BY COUNTRY,
2018–2021 (MILLION) 120
TABLE 81 MACHINE CONTROL SYSTEM MARKET IN EUROPE, BY COUNTRY,
2022–2027 (MILLION) 120
10.3.1 GERMANY 120
10.3.1.1 Germany to hold significant share of machine control system market 120
10.3.2 UK 121
10.3.2.1 Energy-efficient buildings to drive market for machine control systems in UK 121
10.3.3 FRANCE 121
10.3.3.1 Government?s interest and investments in construction industry to significantly support machine control market for France 121
10.3.4 REST OF EUROPE 121
10.4 ASIA PACIFIC 122
FIGURE 46 SNAPSHOT OF MACHINE CONTROL SYSTEM MARKET IN ASIA PACIFIC 122
TABLE 82 MACHINE CONTROL SYSTEM MARKET IN ASIA PACIFIC, BY EQUIPMENT, 2018–2021 (USD MILLION) 123
TABLE 83 MACHINE CONTROL SYSTEM MARKET IN ASIA PACIFIC, BY EQUIPMENT, 2022–2027 (USD MILLION) 123
TABLE 84 MACHINE CONTROL SYSTEM MARKET IN ASIA PACIFIC, BY VERTICAL,
2018–2021 (USD MILLION) 123
TABLE 85 MACHINE CONTROL SYSTEM MARKET IN ASIA PACIFIC, BY VERTICAL,
2022–2027 (USD MILLION) 124
TABLE 86 MACHINE CONTROL SYSTEM MARKET IN ASIA PACIFIC, BY COUNTRY,
2018–2021 (MILLION) 124
TABLE 87 MACHINE CONTROL SYSTEM MARKET IN ASIA PACIFIC, BY COUNTRY,
2022–2027 (MILLION) 124
10.4.1 CHINA 125
10.4.1.1 China holds largest share of machine control system market
in Asia Pacific 125
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10.4.2 JAPAN 125
10.4.2.1 Growth in residential and infrastructure markets are expected to drive machine control system market in Japan 125
10.4.3 REST OF ASIA PACIFIC 125
10.5 REST OF THE WORLD 126
TABLE 88 MACHINE CONTROL SYSTEM MARKET IN REST OF THE WORLD,
BY EQUIPMENT, 2018–2021 (USD MILLION) 126
TABLE 89 MACHINE CONTROL SYSTEM MARKET IN REST OF THE WORLD,
BY EQUIPMENT, 2022–2027 (USD MILLION) 126
TABLE 90 MACHINE CONTROL SYSTEM MARKET IN REST OF THE WORLD, BY VERTICAL, 2018–2021 (USD MILLION) 127
TABLE 91 MACHINE CONTROL SYSTEM MARKET IN REST OF THE WORLD, BY VERTICAL, 2022–2027 (USD MILLION) 127
TABLE 92 MACHINE CONTROL SYSTEM MARKET IN REST OF THE WORLD, BY REGION, 2018–2021 (MILLION) 127
TABLE 93 MACHINE CONTROL SYSTEM MARKET IN REST OF THE WORLD, BY REGION, 2022–2027 (MILLION) 128
10.5.1 MIDDLE EAST 128
TABLE 94 MACHINE CONTROL SYSTEM MARKET IN MIDDLE EAST, BY COUNTRY,
2018–2021 (USD MILLION) 128
TABLE 95 MACHINE CONTROL SYSTEM MARKET IN MIDDLE EAST, BY COUNTRY,
2022–2027 (USD MILLION) 129
10.5.1.1 Saudi Arabia 129
10.5.1.2 UAE 129
10.5.1.3 Rest of Middle East 129
10.5.2 AFRICA 130
10.5.2.1 Increasing focus on modernization of infrastructure to
boost growth of market 130
10.5.3 SOUTH AMERICA 130
10.5.3.1 Growth in construction of residential and commercial buildings to drive market for machine control systems in South America 130
11 COMPETITIVE LANDSCAPE 131
11.1 OVERVIEW 131
11.2 KEY PLAYER STRATEGIES/ RIGHT TO WIN 131
TABLE 96 OVERVIEW OF STRATEGIES ADOPTED BY MACHINE
CONTROL SYSTEM VENDORS 131
11.3 REVENUE ANALYSIS OF TOP COMPANIES 133
FIGURE 47 5-YEAR REVENUE ANALYSIS OF TOP PLAYERS 133
11.4 MARKET SHARE ANALYSIS (2021) 133
TABLE 97 MACHINE CONTROL SYSTEM MARKET: MARKET SHARE ANALYSIS (2021) 133
11.5 COMPANY EVALUATION QUADRANT, 2021 135
11.5.1 STAR 135
11.5.2 PERVASIVE 135
11.5.3 EMERGING LEADER 135
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11.5.4 PARTICIPANT 135
FIGURE 48 MACHINE CONTROL SYSTEM MARKET (GLOBAL) COMPANY EVALUATION QUADRANT, 2021 136
11.6 SMALL AND MEDIUM ENTERPRISES (SME) EVALUATION QUADRANT, 2021 136
11.6.1 PROGRESSIVE 136
11.6.2 RESPONSIVE 137
11.6.3 DYNAMIC 137
11.6.4 STARTING BLOCK 137
FIGURE 49 MACHINE CONTROL SYSTEM MARKET (GLOBAL) SME EVALUATION QUADRANT, 2021 137
11.7 MACHINE CONTROL SYSTEM MARKET: COMPANY FOOTPRINT 138
TABLE 98 COMPANY FOOTPRINT 138
TABLE 99 COMPANY VERTICAL FOOTPRINT 139
TABLE 100 COMPANY PRODUCT TYPE FOOTPRINT 140
TABLE 101 COMPANY REGION FOOTPRINT 141
11.8 MACHINE CONTROL SYSTEM MARKET: SME MATRIX 142
TABLE 102 MACHINE CONTROL SYSTEM MARKET: DETAILED LIST OF
KEYS STARTUP/SMES 142
TABLE 103 MACHINE CONTROL SYSTEM MARKET: COMPETITIVE BENCHMARKING
OF KEY STARTUP/SMES 142
11.9 COMPETITIVE SCENARIO 143
11.9.1 PRODUCT LAUNCHES 143
TABLE 104 MACHINE CONTROL SYSTEM MARKET: PRODUCT LAUNCHES, 2020?2021 143
11.9.2 DEALS 144
TABLE 105 MACHINE CONTROL SYSTEM MARKET: DEALS, 2020?2021 144
12 COMPANY PROFILES 146
12.1 KEY PLAYERS 146
(Business Overview, Products Offered, Recent Developments, and MnM View)*
12.1.1 MACHINE CONTROL SYSTEM PROVIDERS 146
12.1.1.1 Hexagon (Leica Geosystems) 146
TABLE 106 HEXAGON (LEICA GEOSYSTEMS): BUSINESS OVERVIEW 146
FIGURE 50 HEXAGON (LEICA GEOSYSTEMS): COMPANY SNAPSHOT 147
TABLE 107 LEICA GEOSYSTEMS: PRODUCT LAUNCHES 148
TABLE 108 LEICA GEOSYSTEMS: DEALS 148
12.1.1.2 Trimble 150
TABLE 109 TRIMBLE: BUSINESS OVERVIEW 150
FIGURE 51 TRIMBLE: COMPANY SNAPSHOT 151
TABLE 110 TRIMBLE: PRODUCT LAUNCHES 152
12.1.1.3 Topcon 154
TABLE 111 TOPCON: BUSINESS OVERVIEW 154
FIGURE 52 TOPCON: COMPANY SNAPSHOT 155
TABLE 112 TOPCON: PRODUCT LAUNCHES 156
TABLE 113 TOPCON: DEALS 157
12.1.1.4 MOBA Mobile Automation 158
TABLE 114 MOBA MOBILE AUTOMATION: BUSINESS OVERVIEW 158
12.1.1.5 Hemisphere GNSS 160
TABLE 115 HEMISPHERE GNSS: BUSINESS OVERVIEW 160
12.1.1.6 James Fisher Prolec 162
TABLE 116 JAMES FISHER PROLEC: BUSINESS OVERVIEW 162
TABLE 117 JAMES FISHER PROLEC: DEALS 163
12.1.1.7 Eos Positioning Systems 164
TABLE 118 EOS POSITIONING: BUSINESS OVERVIEW 164
TABLE 119 EOS POSITIONING: PRODUCT LAUNCHES 165
12.1.2 CONSTRUCTION EQUIPMENT PROVIDERS 166
12.1.2.1 Komatsu 166
TABLE 120 KOMATSU: BUSINESS OVERVIEW 166
FIGURE 53 KOMATSU: COMPANY SNAPSHOT 167
TABLE 121 KOMATSU: PRODUCT LAUNCHES 169
TABLE 122 KOMATSU: DEALS 169
12.1.2.2 Caterpillar 170
TABLE 123 CATERPILLAR: BUSINESS OVERVIEW 170
FIGURE 54 CATERPILLAR: COMPANY SNAPSHOT 171
12.1.2.3 Volvo Construction Equipment 173
TABLE 124 VOLVO CONSTRUCTION EQUIPMENT: BUSINESS OVERVIEW 173
FIGURE 55 VOLVO CONSTRUCTION EQUIPMENT: COMPANY SNAPSHOT 174
TABLE 125 VOLVO CONSTRUCTION COMPANY: PRODUCT LAUNCHES 175
12.1.2.4 Liebherr Group 176
TABLE 126 LIEBHERR GROUP: BUSINESS OVERVIEW 176
FIGURE 56 LIEBHERR GROUP: COMPANY SNAPSHOT 177
TABLE 127 LIEBHERR GROUP: OTHERS 178
12.1.2.5 JCB 179
TABLE 128 JCB: BUSINESS OVERVIEW 179
TABLE 129 JCB: PRODUCT LAUNCHES 180
12.1.2.6 Kobelco Construction Machinery 181
TABLE 130 KOBELCO CONSTRUCTION MACHINERY: BUSINESS OVERVIEW 181
12.1.2.7 Hitachi Construction Machinery 182
TABLE 131 HITACHI CONSTRUCTION MACHINERY: BUSINESS OVERVIEW 182
FIGURE 57 HITACHI CONSTRUCTION MACHINERY: COMPANY SNAPSHOT 183
TABLE 132 HITACHI CONSTRUCTION COMPANY: PRODUCT LAUNCHES 184
12.1.2.8 Hyundai Construction Equipment 185
TABLE 133 HYUNDAI CONSTRUCTION EQUIPMENT: BUSINESS OVERVIEW 185
FIGURE 58 HYUNDAI CONSTRUCTION EQUIPMENT: COMPANY SNAPSHOT 185
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS 187
12.2.1 HI-TARGET SURVEYING INSTRUMENT 187
TABLE 134 HI-TARGET SURVEYING INSTRUMENT: COMPANY OVERVIEW 187
12.2.2 TI ASAHI 187
TABLE 135 TI ASAHI: COMPANY OVERVIEW 187
12.2.3 STONEX 188
TABLE 136 STONEX: COMPANY OVERVIEW 188
12.2.4 SOUTH SURVEYING & MAPPING TECHNOLOGY 188
TABLE 137 SOUTH SURVEYING & MAPPING TECHNOLOGY: COMPANY OVERVIEW 188
12.2.5 NORTH GROUP 189
TABLE 138 NORTH GROUP: COMPANY OVERVIEW 189
12.2.6 XIAMEN XGMA MACHINERY 189
TABLE 139 XIAMEN XGMA MACHINERY: COMPANY OVERVIEW 189
12.2.7 KATO WORKS 190
TABLE 140 KATO WORKS: COMPANY OVERVIEW 190
12.2.8 HIAB 190
TABLE 141 HIAB: COMPANY OVERVIEW 190
12.2.9 TAKEUCHI MANUFACTURING 191
TABLE 142 TAKEUCHI MANUFACTURING: COMPANY OVERVIEW 191
12.2.10 CASE CONSTRUCTION EQUIPMENT 191
TABLE 143 CASE CONSTRUCTION EQUIPMENT: COMPANY OVERVIEW 191
13 ADJACENT AND RELATED MARKET 192
13.1 GEOGRAPHIC INFORMATION SYSTEM MARKET 192
13.2 INTRODUCTION 192
FIGURE 59 GEOGRAPHIC INFORMATION SYSTEM MARKET, BY FUNCTION 192
FIGURE 60 MAPPING FUNCTION TO HOLD LARGEST SIZE OF GIS MARKET IN 2025 192
TABLE 144 GEOGRAPHIC INFORMATION SYSTEM MARKET, BY FUNCTION,
2018–2025 (USD BILLION) 193
TABLE 145 GEOGRAPHIC INFORMATION SYSTEM MARKET FOR MAPPING FUNCTION,
BY INDUSTRY, 2018–2025 (USD MILLION) 194
TABLE 146 GEOGRAPHIC INFORMATION SYSTEM MARKET, FOR SURVEYING FUNCTION, BY INDUSTRY, 2018–2025 (USD MILLION) 194
TABLE 147 GEOGRAPHIC INFORMATION SYSTEM MARKET, FOR TELEMATICS AND NAVIGATION FUNCTION, BY INDUSTRY, 2018–2025 (USD MILLION) 195
TABLE 148 GEOGRAPHIC INFORMATION SYSTEM MARKET, FOR LOCATION-BASED SERVICES, BY INDUSTRY, 2018–2025 (USD MILLION) 195
13.3 MAPPING 196
13.3.1 REMOTE SENSING AND LIDAR TECHNOLOGIES TO DRIVE
GIS MARKET FOR MAPPING 196
13.4 SURVEYING 196
13.4.1 MARKET FOR SURVEYING FUNCTION TO WITNESS CONSIDERABLE
GROWTH DURING FORECAST PERIOD 196
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13.5 TELEMATICS AND NAVIGATION 197
13.5.1 ADOPTION OF ITS AND IVHS TO INCREASE DEMAND FOR
GIS-BASED TELEMATICS AND NAVIGATION SERVICES 197
13.6 LOCATION-BASED SERVICES 197
13.6.1 RAPID EVOLUTION OF SMARTPHONES AND AVAILABILITY OF FAST
WIRELESS INTERNET CONNECTIVITY TO FURTHER DRIVE GROWTH OF
MARKET FOR LBS DURING FORECAST PERIOD 197
14 APPENDIX 198
14.1 INSIGHTS OF INDUSTRY EXPERTS 198
14.2 DISCUSSION GUIDE 199
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS? SUBSCRIPTION PORTAL 202
14.4 AVAILABLE CUSTOMIZATIONS 204
14.5 RELATED REPORTS 204
14.6 AUTHOR DETAILS 205