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.
According to this study, over the next five years the Machine Control System market will register a 12.3% CAGR in terms of revenue, the global market size will reach US$ 5290 million by 2024, from US$ 2640 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Machine Control System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Machine Control System market by product type, application, key manufacturers and key regions and countries.
This study considers the Machine Control System value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Excavators
- Dozers
- Graders
- Scrapers
- Others
Report Sample includes:
– Table of Contents
– List of Tables & Figures
– Charts
– Research Methodology
– Table of Contents
– List of Tables & Figures
– Charts
– Research Methodology
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Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Construction
- Transportation
- Agriculture
- Mining
- Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Trimble
- Leica Geosystems (Hexagon)
- Topcon Corporation
- Caterpillar
- MOBA Mobile Automation
- Belden
- Prolec
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Machine Control System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Machine Control System market by identifying its various subsegments.
- Focuses on the key global Machine Control System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Machine Control System with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Machine Control System submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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