Machine Control System Market size was valued at USD 5.79 billion in 2024 and is set to exceed USD 14.47 billion by 2037, registering over 7.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of machine control system is evaluated at USD 6.13 billion..
Safety concerns related to workers and construction machinery will likely boost the market demand for machine control system. For industrial manufacturing businesses looking to maximize output while maintaining worker safety, modern machine safety measures are essential to shield workers against possible harm and death from any risks generated by the machine while it is operating normally.
According to the United Nations, an estimated 2.78 million workers pass away from work-related illnesses and accidents each year, while 374 million more suffer from non-fatal workplace incidents.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
7.3% |
Base Year Market Size (2024) |
USD 5.79 billion |
Forecast Year Market Size (2037) |
USD 14.47 billion |
Regional Scope |
|
Type (Total Stations, Global Navigation Satellite System, Laser Scanners, Sensors)
Global navigation satellite system segment is set to dominate over 40% machine control system market share by 2037. The segment growth can be attributed to the growing agriculture industry. Globally, the agriculture industry is expected to expand by more than 5% between 2024 and 2028, reaching a market size of around USD 4 trillion by that year.
Global navigation satellite system (GNSS) technology is capable of accurate positioning, which enables machine control system to find and manage heavy machinery with precision. In industries such as agriculture where accurate positioning is essential for the tasks of grading, excavating, or crop management, this level of accuracy is particularly important.
Equipment (Excavators, Loaders, Graders, Dozers, Scrapers, Paving System)
By 2037, excavator segment is expected to account for around 30% machine control system market share. Excavators are likely to have increased sales due to their widespread application in a variety of industries, including infrastructure development, mining, and construction. For instance, in North America, excavator attachment sales amounted to around 724,000 units in 2021.
In tasks like excavating, trenching, grading, and material handling, they have a key role. The versatility and extensive application of excavators across different sectors contribute to their dominant presence in the machine control system market.
Furthermore, when used in conjunction with excavators, machine control system provide substantial benefits. These system provide real-time positioning and control to allow operators to carry out the work accurately and effectively.
Machine control system, which provide automatic guidance, precise depth monitoring, and intelligent control features, improve the precision and productivity of excavators.
Vertical (Construction, Agriculture, Mining, Oil & Gas, Manufacturing)
The mining segment is assessed to generate a robust CAGR by the end of 2037. The major factor in the expansion of the segment is the rising number of accidents in the mining sector. One of the riskiest sectors of the economy has always been mining, with issues about worker safety making up only a percentage of the difficulties.
Due to its complexity, the mining sector needs machine control system to manage operations while protecting workers and overseeing a variety of mining activities.
As per the U.S. Bureau of Labor Statistics, the mining, quarrying, and oil and gas extraction sectors had a 21.8-percent increase in fatal injuries from 78 in 2020 to 95 in 2021.
Our in-depth analysis of the global market includes the following segments:
Type |
|
Equipment |
|
Control System |
|
Vertical |
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APAC Market Statistics
Asia Pacific in machine control system market is estimated to dominate over 35% revenue share by 2037. The industry growth in the region is also expected on account of an increasing demand for housing and commercial and municipal infrastructure, driven by the growth of urbanization in this region.
Infrastructure development projects such as roads, bridges, railways, airports, and intelligent cities are increasingly being undertaken by several Asia-Pacific countries. In these projects, machine control system are crucial to optimize the operation of machines and ensure their efficiency in completion.
According to construction experts in the Asia Pacific region, private residential, commercial, and infrastructure growth is expected to increase by 12%, 15%, and 50%, respectively, in 2022.
The need for infrastructure upgrades in China, including urban development and better agricultural land, has been growing recently, and has led to an increasing usage of construction equipment including huge excavators or backhoes.
Japan boasts one of the best metropolitan infrastructures in the world, which supports the growth of the machine control system market.
The agricultural sector in Korea has experienced significant growth and appears to be transitioning into a new stage propelled by cutting-edge technological solutions for agriculture that allow for automated and remote monitoring of crop growth conditions.
North American Market Analysis
The North American region will also encounter tremendous market revenue for the machine control system market during the forecast period owing to the increasing personal disposable income in this region. As a result, more and more individuals in the region are spending on the development of houses and other commercial settings.
The increasing need for automation and process instrumentation in construction projects in the US is expected to drive demand in this area.
In addition, the need for such system has increased in Canada as new roads are built. The increasing need for automation and process instrumentation in construction projects is expected to drive demand in this area.
The market for machine control system consists of several key players. These key players are launching various strategic initiatives to expand their market position in the machine control system industry.
Author Credits: Abhishek Verma
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