The Asia Pacific machine control system market was valued at US$ 1.26 billion in 2022 and is expected to reach US$ 2.17 billion by 2030; it is estimated to register a CAGR of 7.0% from 2022 to 2030.
Government organizations across the globe are now focused on developing smart infrastructure. Globally, the use of machine control technology in the construction industry is on the rise. This technology, which uses GPS and sensors to guide heavy equipment and machinery, has become progressively popular in recent years owing to its ability to improve efficiency, accuracy, and safety on the work site. As a result, construction companies are turning to machine control technology to aid in improving their operations.
This technology allows for real-time monitoring and tracking of project progress and the capability to make quick adjustments to the operation plan as required. The machine control system also helps decrease the possibility of human error and enhance safety on the work site. In general, the growth in the construction industry worldwide is a positive development for the Asia Pacific machine control system market. Further, by implementing this technology, construction companies can enhance their operations and deliver better outcomes for their customers. Thus, the demand for machine control systems from the construction industry is increasing.
Based on type, the Asia Pacific machine control system market is segmented into total stations, GNSS, laser scanners, airborne systems, GIS collectors, and others. The GNSS segment held the largest market share in 2022.
In terms of equipment, the Asia Pacific machine control system market is categorized into excavators, graders, loaders, dozers, scrappers, paving system, and others. The excavators segment held the largest market share in 2022.
By industry, the Asia Pacific machine control system market is segmented into infrastructure, commercial, residential, and industrial. The infrastructure segment held the largest market share in 2022.
In terms of view type, the Asia Pacific machine control system market is bifurcated into 2D and 3D. The 2D segment held a larger market share in 2022.
By type of delivery, the Asia Pacific machine control system market is bifurcated retrofit and OEM build. The OEM build segment held a larger market share in 2022.
By country, the Asia Pacific machine control system market is segmented into Australia, Japan, Indonesia, Singapore, Malaysia, Thailand, the Philippines, New Zealand, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific machine control system market share in 2022.
Andritz AG, Hemisphere GNSS Inc, Komatsu Ltd, Leica Geosystems AG, OBA MOBILE AUTOMATION AG, Schneider Electric SE, Topcon Corp, Trimble Inc, and Vedant Engineering Services Pvt Ltd are among the leading companies operating in the Asia Pacific machine control system market.
Increasing Use of Machine Control Systems in Construction Activities Boosts Asia Pacific Machine Control System Market
Machine control systems play an important role in controlling and monitoring construction equipment and ensuring ideal performance, better construction operations, and quality assurance. Machine control systems also help reduce field and machine downtime and enhance resource utilization. Further, population growth and rapid urbanization across the globe are encouraging government bodies to invest in infrastructure development. Countries such as China, India, and Japan are increasing the use of machine control systems with advanced technologies such as laser scanners, GNSS, and sensors in infrastructure projects.Government organizations across the globe are now focused on developing smart infrastructure. Globally, the use of machine control technology in the construction industry is on the rise. This technology, which uses GPS and sensors to guide heavy equipment and machinery, has become progressively popular in recent years owing to its ability to improve efficiency, accuracy, and safety on the work site. As a result, construction companies are turning to machine control technology to aid in improving their operations.
This technology allows for real-time monitoring and tracking of project progress and the capability to make quick adjustments to the operation plan as required. The machine control system also helps decrease the possibility of human error and enhance safety on the work site. In general, the growth in the construction industry worldwide is a positive development for the Asia Pacific machine control system market. Further, by implementing this technology, construction companies can enhance their operations and deliver better outcomes for their customers. Thus, the demand for machine control systems from the construction industry is increasing.
Asia Pacific Machine Control System Market Overview
The Asia Pacific machine control system market is segmented into Australia, Japan, France, Singapore, Malaysia, Thailand, the Philippines, and New Zealand, among others. Asia Pacific has strong economic growth, which is raising demand for infrastructure development and diversified projects that rely on machine control systems. Furthermore, large government investments in infrastructure projects such as road construction, bridge construction, and airport expansion are opening up new markets for machine control system sales. Japan has several of the best metropolitan infrastructures in the world. The Japanese government gave the go-ahead to build a new nuclear power facility in August 2022. Notably, in light of the worldwide energy crisis, the building and development of the new nuclear plant will assist the nation in lowering its dependency on energy imports.Asia Pacific Machine Control System Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Machine Control System Market Segmentation
The Asia Pacific machine control system market is categorized into type, equipment, industry, view type, type of delivery, and country.Based on type, the Asia Pacific machine control system market is segmented into total stations, GNSS, laser scanners, airborne systems, GIS collectors, and others. The GNSS segment held the largest market share in 2022.
In terms of equipment, the Asia Pacific machine control system market is categorized into excavators, graders, loaders, dozers, scrappers, paving system, and others. The excavators segment held the largest market share in 2022.
By industry, the Asia Pacific machine control system market is segmented into infrastructure, commercial, residential, and industrial. The infrastructure segment held the largest market share in 2022.
In terms of view type, the Asia Pacific machine control system market is bifurcated into 2D and 3D. The 2D segment held a larger market share in 2022.
By type of delivery, the Asia Pacific machine control system market is bifurcated retrofit and OEM build. The OEM build segment held a larger market share in 2022.
By country, the Asia Pacific machine control system market is segmented into Australia, Japan, Indonesia, Singapore, Malaysia, Thailand, the Philippines, New Zealand, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific machine control system market share in 2022.
Andritz AG, Hemisphere GNSS Inc, Komatsu Ltd, Leica Geosystems AG, OBA MOBILE AUTOMATION AG, Schneider Electric SE, Topcon Corp, Trimble Inc, and Vedant Engineering Services Pvt Ltd are among the leading companies operating in the Asia Pacific machine control system market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific machine control system market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific machine control system market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific machine control system market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Asia Pacific Machine Control System Market Landscape
5. Asia Pacific Machine Control System Market - Key Industry Dynamics
6. Machine Control System Market - Asia Pacific Market Analysis
7. Asia Pacific Machine Control System Market Analysis - Type
8. Asia Pacific Machine Control System Market Analysis - Equipment
9. Asia Pacific Machine Control System Market Analysis - Industry
10. Asia Pacific Machine Control System Market Analysis - View Type
11. Asia Pacific Machine Control System Market Analysis - Type of Delivery
12. Asia Pacific Machine Control System Market - Country Analysis
13. Competitive Landscape
14. Industry Landscape
15. Company Profiles
16. Appendix
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
- Andritz AG
- Hemisphere GNSS Inc
- Komatsu Ltd
- Leica Geosystems AG
- OBA MOBILE AUTOMATION AG
- Schneider Electric SE
- Topcon Corp
- Trimble Inc
- Vedant Engineering Services Pvt Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 121 |
| Published | June 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1262.81 Million |
| Forecasted Market Value ( USD | $ 2174.29 Million |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Asia Pacific |
| No. of Companies Mentioned | 9 |
