Machine Control System Global Market Report 2024

The machine control system market size has grown rapidly in recent years. It will grow from $5.03 billion in 2023 to $5.63 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. In the historic period, growth can be attributed to the increasing demand for automation, the rise of IoT and connectivity, the growing need for precision agriculture, infrastructure development, and the expansion of the mining industry.

The machine control system market size is expected to see rapid growth in the next few years. It will grow to $8.64 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The anticipated growth in the forecast period is due to the increasing demand for unmanned vehicles, the integration of 5G technology, the expansion of smart cities initiatives, a heightened focus on cybersecurity, and the global expansion of e-commerce. Major trends expected in this period include a shift towards cloud-based machine control solutions, the integration of advanced analytics, and the adoption of hybrid and electric machines, as well as the increasing use of 3D printing.

The machine control system market is anticipated to experience growth due to the ongoing trend of increasing urbanization. Urbanization is defined as the process in which a greater number of individuals transition from rural areas to urban centers, resulting in a rise in the percentage of people residing in towns and cities. As urbanization continues to reshape the global landscape, machine control systems will assume a progressively crucial role in addressing the challenges posed by burgeoning populations, infrastructural needs, and environmental considerations. These systems contribute to enhanced efficiency and sustainability across various sectors, including construction, transportation, and agriculture. As of October 2022, the World Bank, an international financial institution based in the United States, reported that approximately 4.4 billion people, constituting 56% of the world's population, are currently urban dwellers. Projections indicate that by 2050, seven out of ten individuals will reside in cities, with the urban population expected to more than double its present size. By 2030, an additional 1.2 million km² of urban built-up area is anticipated globally, as urban land consumption is forecasted to outpace population growth by up to 50%. Consequently, the upward trajectory of urbanization remains a key driver for the expansion of the machine control system market.

Increasing environmental concerns are significantly driving the expansion of the machine control system market. These concerns encompass various issues related to the deterioration and depletion of natural resources, pollution, climate change, and other factors that pose threats to ecosystems and human well-being. The machine control system market plays a crucial role in addressing these environmental concerns by optimizing industrial processes, reducing energy consumption, and enhancing efficiency, thereby promoting sustainable practices and a more environmentally friendly future. For example, a survey of 15,000 end consumers conducted by Trivium Packaging, a US-based provider of sustainable metal packaging, in 2021 found that 67% of respondents considered themselves environmentally aware. As a result, the increasing focus on environmental issues is expected to propel the machine control system market in the future.

Technological advancement stands out as a significant trend gaining momentum within the machine control system market. Key companies in this sector are directing their focus towards integrating advanced technologies such as augmented reality (AR) into their machine control system offerings. This integration aims to enable automated functions and secure a competitive edge in the market. For instance, in May 2022, ABB Ltd., a Switzerland-based multinational corporation specializing in electrification and automation technologies, introduced the Ability NGX Hoist Control - a next-generation mine hoist control system. This system is renowned for its reliability, adaptability, and safety features, marking a revolutionary advancement in the machine control system market within the mining industry. Its advanced capabilities encompass standardization, integration, and global technical support, positioning it as a significant contributor to enhanced efficiency, safety, and operational excellence in mine hoisting systems. The launch of the Ability NGX Hoist Control system represents a leap forward in leveraging technological advancements to optimize mining operations.

Prominent companies within the machine control system market are directing their efforts towards product launches, notably autonomous control AI services compatible with edge controllers. An autonomous control AI service denotes a system or application utilizing artificial intelligence to independently manage and execute tasks without constant human intervention. For instance, in February 2023, Yokogawa Electric Corporation, a Japan-based multinational specializing in electrical engineering and software, unveiled the OpreX Realtime OS-based Machine Controllers (e-RT3 Plus), featuring a reinforcement learning service. This service streamlines AI model creation for non-experts, offers retrofit capabilities for edge controllers, supports ultra-short control cycles, and extends autonomous control beyond PID capabilities. This innovative product significantly enhances efficiency, productivity, and energy conservation in industrial processes. It provides customers with a streamlined solution that addresses previous limitations of manual control, thereby exerting a notable impact on the machine control system market.

In April 2023, Honeywell International Inc., a prominent US-based multinational engineering and technology firm renowned for innovating and producing various technologies, acquired Compressor Controls Corporation for an undisclosed sum. This acquisition holds substantial importance in the machine control system market, bolstering Honeywell's position as a leader in industrial control, automation, and process solutions. The acquisition empowers customers to expedite their energy transition initiatives. Compressor Controls Corporation (CCC), headquartered in the US, specializes in delivering advanced turbomachinery control and optimization solutions tailored for the oil and gas industries.

Major companies operating in the machine control system market report are Deere & Company, Schneider Electric SE, CNH Global NV, SANY Group Co. Ltd., Liebherr Group, Doosan Infracore Co. Ltd., Volvo Construction Equipment, Omron Corporation, Fayat Group, Hexagon AB, Eos Positioning Systems Inc., Trimble Inc., Sakai Heavy Industries Ltd., Belden Inc., Topcon Corporation, Leica Geosystems AG, Shandong Lingong Construction Machinery Co. Ltd., James Fisher and Sons plc, Coperion GmbH, Rubble Master HMH GmbH, Otto Bihler Maschinenfabrik GmbH & Co. KG, MOBA Mobile Automation AG, Challenger Geomatics Ltd., Hemisphere GNSS Inc., CMI Roadbuilding Inc., Carlson Software Inc., Raptor Technologies LLC, L5 Navigation Systems AB, Microverse Automation Pvt. Ltd., Joseph Cyril Bamford Excavators Ltd., Advanced Concrete Technologies, Ammann Group Holding AG, Bopparder Maschinenbau-Gesellschaft mbH, Minds Inc., RexCon LLC, Sinoway Industrial Co. Ltd., TEREX Corporation, Tiger Machine Co. Ltd., Tokyo Keiki Inc.

North America was the largest region in the machine control system market in 2023. The regions covered in the machine control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the machine control system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Machine control systems are used in a variety of heavy equipment types such as excavators, loaders, graders, dozers, scrapers, and paving systems. Excavators, for example, are vehicles used for earthmoving tasks and feature a bucket, arm, rotating cab, and movable tracks. They are versatile machines used for tasks ranging from digging trenches to lifting debris. Machine control systems incorporate technologies such as computer numerical control (CNC), programmable logic controller (PLC), programmable automation controller (PAC), personal computer (PC), motion controllers, global navigation satellite system (GNSS), laser scanners, GIS (geographic information system) collectors, total stations, airborne systems, and others. These systems find applications in industries such as building and construction, agriculture, mining, transportation, aerospace and defense, automotive, marine, waste management, utilities, and others.

The machine control system market research report is one of a series of new reports that provides machine control system market statistics, including machine control system industry global market size, regional shares, competitors with a machine control system market share, detailed machine control system market segments, market trends and opportunities, and any further data you may need to thrive in the machine control system industry. This machine control system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The machine control systems market consists of sales of satellite antenna, GNSS receiver, and real time kinematics (RTK). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.


The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.