Increasing Integration of Global Navigation Satellite System (GNSS) in Machine Control Systems Drives Europe Machine Control System Market
This high adoption of GNSS for such as dozers, scrapers, graders, excavators, and airborne systems is expected to create opportunities for the Europe machine control system market growth during the forecast period. The use of GNSS for a variety of applications, including agriculture, ground mapping, mining, defense, and unmanned aerial vehicles (UAVs), is contributing to the demand for machine control systems. GNNS provides high accuracy and efficiency for the precise positioning of heavy machinery, which promises improved productivity. Market players are focusing on technological advancements.For instance, in March 2024, Topcon Positioning Systems announced the availability of a novel global navigation satellite system (GNSS) option for its MC-Mobile compact machine control solution. This GNSS option allows contractors to effortlessly integrate their compact machines into fleets already powered by GNSS technology. In December 2021, Trimble launched the Trimble R750 GNSS Modular Receiver, a connected base station for geospatial civil construction and agricultural applications. The R750 provides improved base station performance, delivering surveyors, contractors, and farmers more reliable and accurate positioning in the field. Therefore, the increasing focus of market players on the integration of GNSS in machine control systems is anticipated to generate lucrative growth opportunities for the Europe machine control system market during the forecast period.
Europe Machine Control System Market Overview
The Europe machine control system market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. Construction, mining, and oil & gas are the major sectors contributing to the growth of the machine control system market in Europe. The construction industry in Europe plays an important role in the economy, contributing to 9% of the total GDP of the European Union. European countries are continuously investing in various major construction projects. For instance, the construction of the Krampnitz housing complex in Potsdam, Brandenburg, started in Q1 of 2022, which will provide living space for 10,000 people.The investment of ~US$ 1.83 billion will be done in the project and is expected to be completed in Q4 2038. Similarly, the construction of the Vauxhall Cross Island mixed-use complex in London, the UK, started in Q2 of 2023, with an aim to enhance residential facilities, civic space, and amenities. The project is expected to be completed in Q4 2025. Also, the construction work of the Towarowa 22 mixed-use complex started in Q2 2023 in Poland and is expected to be completed in Q3 2027. The project aims to provide better residential, hospitality, office, and retail facilities in the country. Thus, the increasing number of construction projects in the region is expected to raise the demand for machine control systems as it helps the equipment operators to efficiently control their equipment, such as trucks, excavators, loaders, and dozers, and also increases productivity at the job site.
Europe Machine Control System Market Revenue and Forecast to 2030 (US$ Million)
Europe Machine Control System Market Segmentation
The Europe machine control system market is categorized into type, equipment, industry, view type, type of delivery, and country.Based on type, the Europe 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 Europe 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 Europe 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 Europe 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 Europe machine control system market is bifurcated retrofit and OEM build. The OEM build segment held a larger market share in 2022.
By country, the Europe machine control system market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated the Europe 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, and Trimble Inc are among the leading companies operating in the Europe machine control system market.
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Table of Contents
Companies Mentioned
- Andritz AG
- Hemisphere GNSS Inc
- Komatsu Ltd
- Leica Geosystems AG
- OBA MOBILE AUTOMATION AG
- Schneider Electric SE
- Topcon Corp
- Trimble Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 111 |
Published | June 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1658.83 Million |
Forecasted Market Value ( USD | $ 2810.44 Million |
Compound Annual Growth Rate | 6.8% |
Regions Covered | Europe |
No. of Companies Mentioned | 8 |