Press release
Machine control system Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2027
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 2027; it is expected to grow at a CAGR of 6.3 % from 2020 to 2027. The growth of the machine control system industry is majorly driven by the elimination of the need for bulk earthworks set out and survey pegging using machine control systems and the need for faster work and more efficiency during tighter timelines.Nowadays, delays and cost overruns are the major challenges in infrastructure or construction projects. The kind of equipment used is one of the major factors impacting the completion time of a project. Overall equipment efficiency plays a vital role in ensuring the speed and accuracy of the project execution. If the equipment fails to work at the required/expected rate, it may lead to unpredicted delays. Additionally, errors due to disturbed pegs, misread tape measures, etc. may require reworking on the entire construction project according to the stipulated standards, which leads to project budget overruns and further delay in project completion.
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By Market Players:
Leica Geosystems AG
Schneider Electric Se
Topcon Corporation
Trimble Inc.
Andritz Automation
RIB Software AG
MOBA Mobile Automation AG
Belden Inc.
Maximatecc.
ICT
MCS
Auto Control Systems
Prolec Ltd
By Type
Total Stations
Laser Scanners
Airborne Systems
GIS Collectors
Other
By Application
Construction
Transportation
Agriculture
Mining
Otehrs
By Regions/Countries:
North America
United States
Canada
Mexico
East Asia
China
Japan
South Korea
Europe
Germany
United Kingdom
France
Italy
South Asia
India
Southeast Asia
Indonesia
Thailand
Singapore
Middle East
Turkey
Saudi Arabia
Iran
Africa
Nigeria
South Africa
Oceania
Australia
South America
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The Machine control system market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority. Also, strong competition among consumer electronics companies in APAC is likely to boost the adoption of machine vision systems in the region. The growing awareness about and demand for high-quality and zero-defect products has fuelled the need for Machine control system in inspection-related applications in the manufacturing fields.
However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Machine control system Market
Chapter 5. Global Machine control system Market Overview, By Application, 2015 - 2027(USD Million)
Chapter 6. Global Machine control system Market Overview, By Distribution Channel, 2015 - 2027(USD Million)
Chapter 7. Global Machine control system Market Overview, By Geography, 2015 - 2027(USD Million)
Chapter 8. North America Machine control system Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 9. Europe Machine control system Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 10. Asia Pacific Machine control system Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 11. Middle East & Africa Machine control system Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 12. South America Machine control system Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 13. Competitive Landscape
Chapter 14. Key Vendor Analysis
Chapter 15. Machine control system Market Cost Analysis
Chapter 16. Sourcing Strategy and Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
Chapter 18. Market Effect Factors Analysis
Chapter 19. Future Outlook of the Market
Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
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Contact Us:
Envisage Market Research
Email: sales@envisageresearch.com
About Us:
Envisage Market Research is the leading provider of custom and syndicated market research reports. Our team of expert analysts offers end-to-end consulting services, along with 80% of the Fortune 500+ companies in the recent past. We are focused to deliver market research report solutions to small and medium enterprises.
Envisage Market Research has steadily grown to become a trusted market research partner for clients across the globe. We are majorly focused to serve a wide range of industrial insights, including automotive & transportation, technology, consumer products, automation and equipment, food & beverages, services & utilities, chemicals & materials, energy, mining, and oil & gas.
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