Press release
Global Machine Control System Market Projected to Reach 6760 Million US$ by 2025
In terms of production side, this report researches the Machine Control System capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Machine Control System by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Machine Control System is a one-off cost that continues to return benefits for the life of the machine plus it can be integrated with safety systems to provide unique solutions when machines need to be working within a defined area or site guidelines, which is the application of software and positioning technologies to make you more productive when excavating, grading, dredging or piling.
Trimble accounted for 35.42% of the global Machine Control System revenue market share in 2016. Followed players, Leica Geosystems (Hexagon) accounted for 25.70% market share, and Topcon Corporation 17.62% market share.
Global giant manufactures mainly distributed in North America and Europe. They have unshakable status in this field. The key product markets locate at North America and Europe. USA takes the market share of 47.51% in 2015.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
The Machine Control System market was valued at 2640 Million US$ in 2017 and is projected to reach 6760 Million US$ by 2025, at a CAGR of 12.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Machine Control System.
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This report includes the following manufacturers; we can also add the other companies as you want.
Trimble
Leica Geosystems (Hexagon)
Topcon Corporation
Caterpillar
MOBA Mobile Automation
Belden
Prolec
Market Segment by Product Type
Excavators
Dozers
Graders
Scrapers
Others
Market Segment by Application
Construction
Transportation
Agriculture
Mining
Others
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