Machine Control System Market worth $5.6 billion by 2025 - PowerPoint PPT Presentation

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Machine Control System Market worth $5.6 billion by 2025

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The global machine control system market size was valued at USD 4.1 billion in 2020 and is projected to reach USD 5.6 billion by 2025; it is expected to grow at a CAGR of 6.3% from 2020 to 2025 – PowerPoint PPT presentation

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Date added: 15 July 2020
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Title: Machine Control System Market worth $5.6 billion by 2025


1
MarketsandMarkets Presents
Machine Control System Market with COVID-19
impact Analysis by Type (Total Stations, GNSSs,
Laser Scanners, Sensors), Equipment (Excavators,
Loaders, Graders, Dozers, Scrapers, Paving
Systems), Vertical, Region-Global Forecast to
2025 The global machine control system market
size was valued at USD 4.1 billion in 2020 and is
projected to reach USD 5.6 billion by 2025
2
MarketsandMarkets Presents
Excavators are expected to hold the largest size
of the machine control system market by
2025 Excavators usually have a control system
mounted on them to enhance flexibility, accuracy,
and efficiency at the construction site.
Companies such as Trimble Inc. (US) and Hexagon
(Switzerland) offer excavators installed with 2D
and 3D control systems or grade control systems.
Download PDF Brochure _at_ https//www.marketsandm
arkets.com/pdfdownloadNew.asp?id62579001 Advance
d 3D guidance systems equipped with GNSS
technology guide operators with design
information and real-time cut/fill indications
are displayed on the control panel
3
MarketsandMarkets Presents
The infrastructure industry is projected to
account for the largest size of the machine
control system market by 2025. Machine control
systems such as GNSS, total stations, laser
scanners, and sensors are significantly used in
infrastructure projects in major countries such
as China, India, Japan, the US, the UK, and
Germany. These countries have some of the aging
infrastructures with respect to railways,
bridges, and roads that are in dire need of
repairs additionally, some new projects have
also been planned by governments for adding more
advanced infrastructure.
4
MarketsandMarkets Presents
APAC projected to be the largest market for
a machine control system from 2020 to 2025. The
machine control system market in APAC accounted
for the highest market size in 2019, which is
expected to continue during the forecast period.
The dominance of the market is attributed to the
increasing infrastructure, commercial, and
industrial projects in emerging countries such as
China, Japan, India, and South Korea. 
5
MarketsandMarkets Presents
The key players operating in the machine control
system market include Topcon (Japan), Trimble
(US), Hexagon (Switzerland), MOBA Mobile
Automation (Germany), Hemisphere GNSS (US), and
Eos Positioning Systems (US) among others.
6
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions.
7
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Aashish MehraMarketsandMarkets INC.630 Dundee
RoadSuite 430Northbrook, IL 60062USA
1-888-600-6441
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