North America Machine Control System Market By Product (GNSS, Total Stations, Laser Scanners, and Airborne), By Equipment (Excavators, Loaders, Paving Systems, Graders and Others), By End User (Construction, Mining, Oil & Gas, Agriculture, Marine, and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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The North America Machine Control System Market would witness market growth of 12.7% CAGR during the forecast period (2020-2026). The construction business is seeing a phenomenal development, upheld by the increasing population, rising urbanization, and growth of the economy. This is the main factor that is probably going to expand demand in the worldwide machine control framework market in the upcoming years. Further, the increasing population additionally produces a high demand for food, which is prompting expanded activity in the agriculture segment. The demand for effectiveness and quick production will strengthen the requirement for machine control frameworks in agriculture in the coming years. Along these lines, the agriculture business's development directly propels the machine control framework market to an enormous degree. As technological advances saturate various modern segments, the adoption of novel innovation will additionally boost the worldwide machine control framework market. Customary study pegs are being replaced with positioning frameworks, two-dimensional frameworks with 3D. This is anticipated to speed up the development of the worldwide machine control framework market in the coming years.
The machine control framework market is seeing an optimistic outlook because of the flourishing agriculture, transportation, and construction industries. Machine control frameworks are utilized in positioning machinery utilized in earthwork. These frameworks use innovation, for example, global positioning (GPS) and topographical information system (GIS) frameworks for the same. Machine control frameworks' essential function is to enable accuracy in the location of machinery related to large/heavy control frameworks. The worldwide machine control framework market is boosted by a rise in the need for precision in navigation and control of heavy machinery across businesses.
Based on Product, the market is segmented into GNSS, Total Stations, Laser Scanners, and Airborne. Based on Equipment, the market is segmented into Excavators, Loaders, Paving Systems, Graders and Others. Based on End User, the market is segmented into Construction, Mining, Oil & Gas, Agriculture, Marine, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Hexagon AB (Leica Geosystems AG), Topcon Corporation (Topcon Positioning Group), Trimble, Inc., Komatsu Ltd., Volvo Group, Caterpillar, Inc., RIB Software SE (Schneider Electric Investment AG), MOBA Mobile Automation AG, Eos Positioning Systems, Inc., and Hemisphere GNSS, Inc. (Beijing UniStrong Science & Technology Co., Ltd.)
Scope of the North America Machine Control System Market Analysis
- Total Stations
- Laser Scanners
- Paving Systems
By End User
- Oil & Gas
- Rest of North America
- Hexagon AB (Leica Geosystems AG)
- Topcon Corporation (Topcon Positioning Group)
- Trimble, Inc.
- Komatsu Ltd.
- Volvo Group
- Caterpillar, Inc.
- RIB Software SE (Schneider Electric Investment AG)
- MOBA Mobile Automation AG
- Eos Positioning Systems, Inc.
- Hemisphere GNSS, Inc. (Beijing UniStrong Science & Technology Co., Ltd.)
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