Global Dozers Machine Control System Market Overview:
Dozers are crucial instruments for grading and levelling specific areas of land on almost any construction site. But levelling the ground precisely is no simple process. Control of dozers blade using machine control systems directs the dozer blade to the precise angle at the precise locations. This technology significantly increases efficiency and accuracy. Additionally, it maximises worker safety once construction starts by assuring flat ground. The market for machine control systems is probably growing at the highest rate in Asia Pacific. The expansion of commercial, industrial, and infrastructure developments in developing nations like China, Japan, India, and South Korea are the factors causing the market's domination. With the use of various machine control tools, these countries' ageing infrastructure, including its bridges, highways, sewage systems, and tunnels, is continually modified and strengthened.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2021-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Reduction of Survey Pegging and Large-Scale Earthworks Set Out
- Tight Deadlines for Infrastructure Projects
- Safety Issues with Personnel and Large Construction Equipment
- Anticipated Demand from the Expanding Construction Industry
Roadblocks
- Declining Demand for machine control systems due to the COVID-19 outbreak
- The hefty initial investment is necessary
- Lack of key tech expertise
Opportunities
- 3D Modelling and Scanning are Becoming More Popular across Industries
- Expansion of Machine-Guided Technology Market in Asia Pacific's Emerging countries
Challenges
- Maintaining the Precision and Reliability of Data Produced by GNSS-Based Machine Control Systems
Competitive Landscape:
Global trade finance software is a fragmented market due to the presence of various players. The players are focusing on investing more in launching software/apps and developing the machine control system. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Trimble Inc. (United States), Leica Geosystems (Switzerland), Topcon Corporation (Japan), Caterpillar (United States), MOBA Mobile Automation (India), Belden (United States), ProlecGE (Mexico), Hemisphere GNSS (United States) and Eos Positioning Systems (Canada). Considering Market by End Use, the sub-segment i.e. OEM will boost the Dozers Machine Control System market.
Latest Market Insights:
In April 2022, The Jordan Company, a middle-market private equity firm, through its affiliate Precisional LLC, acquired Time and Frequency, Loadrite, Spectra Precision Tools, and SECO‘s accessories business, from Trimble. The acquisition of four industry-leading businesses from Trimble by Precisional forms the foundation of a new platform focused on precise measurement and analytical insights to improve productivity across a broad range of applications that rely upon accuracy and reliability
In March 2020, Trimble announced the launch of Trimble Earthworks Grade Control Platform version 2.0 with new features for all machine types, along with the release of the Trimble Earthworks Assistant App for in-cab learning material. These improvements are designed to enable faster ROI, increase productivity and decrease training time for operators.
What Can be Explored with the Dozers Machine Control System Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Dozers Machine Control System Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Dozers Machine Control System
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Dozers Machine Control System market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Dozers Machine Control System market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Dozers manufacturers, Machine control systems manufacturers, Authorized Dealers, Contractors, Dozer owners and End Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.