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Machine Control System Market to Reach $12.2 billion, Globally, by 2032 at 10.6% CAGR: Allied Market Research




The global machine control system market is driven by factors such as increase in requirement for precision in heavy equipment control and navigation has led to an upsurge in the demand for machine control systems.

PORTLAND, Ore., Aug. 18, 2023 /PRNewswire/ — Allied Market Research published a report, titled,Machine Control System Market by Type (Laser Scanners, Sensors, Global Navigation Satellite Systems, and Total Stations), End User (Infrastructure, Industrial, Residential, and Commercial), and Equipment (Paving Systems, Graders, Excavators, Loaders, Dozers, and Scrappers): Global Opportunity Analysis and Industry Forecast, 2023–2032 “. According to the report, The global machine control system market size was valued at $4.6 billion in 2022, and is projected to reach $12.2 billion by 2032, growing at a CAGR of 10.6% from 2023 to 2032.

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Prime Determinants of Growth

The global machine control system market is driven by factors such as surge in demand for safety concern associated with workers and heavy construction machinery. In addition, the installation of machine-guided technology on construction equipment fuels the demand for machine control systems. However, the requirement for high initial equipment hampers market growth to a certain extent. Moreover, the surge in demand for 3D modeling and scanning across industries provide lucrative opportunities for the market growth.

Report Coverage & Details:

Report Coverage


Forecast Period


Base Year


Market Size in 2022

$4.6 billion

Market Size in 2032

$12.2 billion


10.6 %

No. of Pages in Report


Segments covered

Type, End-User, Equipment, and Region.


The installation of machine-guided technology on particular construction equipment.

Surge in demand for safety concern associated with workers and heavy construction machinery


Rise in demand for 3D modeling and scanning across industries


Requirement for high initial equipment

Covid-19 Scenario

  • The COVID-19 epidemic significantly changed the dynamics of the supply chain, raised demand for e-commerce packaging, and brought attention to health and safety precautions, all of which influenced the machine control system market.
  • Many businesses had to swiftly adjust to the growth in e-commerce by developing packaging that can endure the rigours of shipping and handling.
  • The pandemic had intensified the attention on sustainable machine control system solutions as people looked for eco-friendly choices.

The Global Navigation Satellite Systems Segment to Maintain its leadership Status Throughout the Forecast Period

Based on type, the global navigation satellite systems segment held the highest market share in 2022, accounting for more than two-fifths of the global machine control system market revenue and is estimated to maintain its leadership status throughout the forecast period, machine control systems incorporate transmitters that track numerous GNSS constellations at the same time. These systems improve location accuracy, availability, and dependability by integrating signals from several systems such as GPS, GLONASS, Galileo, and BeiDou, especially in challenging circumstances with barriers or signal interference. However, the total stations segment is expected to witness the highest CAGR of 11.2% during the forecast period. 

The Infrastructure Segment to Maintain its Leadership Status Throughout the Forecast Period

Based on end user, the infrastructure segment held the highest market share in 2022, accounting for more than two-fifths of the global machine control system market and is estimated to maintain its leadership status throughout the forecast period. Machine control systems are widely employed in infrastructure projects’ earthmoving and grading activities. They provide precision control and steering of heavy machinery such as bulldozers, excavators, and graders, assuring perfect grading, slope uniformity, and cut/fill balance. However, the industrial segment is expected to witness the highest CAGR of 11.2% during the forecast period. 

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The Excavators Segment to Maintain its Leadership Status throughout the Forecast Period

Based on equipment, the excavators segment held the highest market share in 2022, accounting for around one-third of the global machine control system market and is estimated to maintain its leadership status throughout the forecast period. Excavators are increasingly being integrated with GPS and GNSS technology to provide more accurate location and steering. This interface enables real-time locator monitoring, correct excavation within design parameters, and automated machine control based on digital design data.However, the dozerss segment is expected to witness the highest CAGR of 12.5% during the forecast period. 

North America to Maintain its Dominance by 2032

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly half of the global machine control system market revenue and is likely to dominate the market during the forecast period. The machine control system market in North America has grown significantly, owing to a variety of factors that have propelled the adoption of these systems in construction and earthmoving operations. The rise in desire for greater productivity and efficiency in the construction sector is one of the primary factors that drives the machine control system in North America. However, the Asia-Pacific region is expected to emerge as the fastest-growing region with a CAGR of 11.7% during the forecast period. 

Leading Market Players: –

  • Topcon Corporation
  • Eos Positioning Systems, Inc. (Eos)
  • Komatsu Limited
  • Hexagon Ab
  • Caterpillar Inc.
  • Moba Corporation
  • Hemisphere Gnss, Inc.
  • Trimble Inc.
  • Mobile Automation
  • Andritz Ag

The report provides a detailed analysis of these key players in the global machine control system market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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Key Benefits For Stakeholders:

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the machine control system market analysis and machine control system market outlook from 2021 to 2031 to identify the prevailing market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global machine control system market trends, key players, market segments, application areas, and market growth strategies.

Machine Control System Market Key Segments:

By Type

  • Laser Scanners
  • Sensors
  • Global Navigation Satellite Systems
  • Total Stations

By Equipment

  • Paving Systems
  • Graders
  • Excavators
  • Loaders
  • Dozers
  • Scrappers

By End User

  • Infrastructure
  • Industrial
  • Residential
  • Commercial

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA (Latin America, Middle East, Africa)

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Blockchain Press Releases

Webb Unveils Tangle Network Testnet, Pioneering the Future of Private, Decentralized Applications



NEW YORK, Sept. 29, 2023 /PRNewswire/ — Today, Webb announced the launch of its much-anticipated Tangle Network Testnet, setting the stage for a new era of private and decentralized applications.

About Webb

Led by founder Drew Stone, Webb is the premier cross-chain zero-knowledge messaging layer, committed to revolutionizing blockchain privacy. Backed by industry giants like Polychain, Lemniscap, and Commonwealth Labs, Webb introduces a suite of tools aimed at advancing zero-knowledge (ZK) and multi-party computation (MPC) applications across multiple blockchains.

The Challenge and Our Solution

Blockchain networks today face significant hurdles: limited interoperability, scaling difficulties, centralized control, and privacy concerns. Webb’s Tangle Network, built on the powerful Substrate framework, is designed to tackle these challenges by offering a next-generation blockchain platform.

Why Tangle Network?

Our vision is to make it easier for developers to create secure, private zero-knowledge (ZK) and multi-party computation (MPC)-based decentralized applications. Tangle Network simplifies:

  • Proof Generation: Delegate computational tasks to our validators.
  • Trusted Setups: Tangle Network manages complex ceremonies for you.
  • Secure Signing: Utilize our threshold signing for cross-chain operations.

By removing these barriers, we massively improve the time to launch for ZK and MPC-based decentralized applications.

Noteworthy Features

  • Unparalleled speed, security, and scalability via Substrate.
  • Decentralized control through Distributed Key Generation (DKG).
  • Advanced protocols for zero-knowledge applications.
  • Cross-chain compatibility with IBC and XCM.
  • Easy migration of existing apps through Ethereum Virtual Machine (EVM) support.
  • Smooth, forkless upgrades.

What’s Next?

The Testnet launch kicks off with an in-depth whitepaper, followed by a series of engagement events during the testnet phase. Our mainnet is scheduled for a Q1/Q2 2024 launch, featuring hackathons, workshops, and a targeted grant program to accelerate the adoption of privacy-focused applications.

Testnet Quick Links

Get Involved

  • Developers: Start building on Tangle today. Learn More
  • Validators and Relayers: Help secure and maintain the network. Learn More
  • Join the Community: Follow us on Twitter or join our Discord.

Contact Us
For media inquiries, partnerships, or more information, email us at [email protected] 

Visit our website

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Blockchain Press Releases

ChainUp Celebrates 6th Anniversary, Charting Blockchain Innovations beyond Digital Assets



SINGAPORE, Sept. 29, 2023 /PRNewswire/ — ChainUp, a Singapore-based trailblazer and global leader in the blockchain industry, marked its sixth anniversary celebration with more than 500 business partners at Ce La Vi Singapore. During the celebration, ChainUp Founder and CEO, Sailor Zhong reflected on the journey, “Six years in the blockchain industry showcases our resilience, innovation, and forward-looking approach. As we look to the future, we are committed to shaping a digital asset environment that is reliable, transparent, and unparalleled. ChainUp aims to champion blockchain solutions beyond the applications of digital assets and bridge the gap between digital asset markets and traditional finance (TradFi) to increase effectiveness and market efficiency.”

The DEX Renaissance
As decentralized finance (DeFi) comes into prominence and focused on returning control to users, one of the sectors impacted by DeFi are the exchanges where cryptocurrencies are traded. Data from CoinMarketCap reveals that trading volumes on Decentralized exchanges (DEX) reached $1.2 trillion in 2022, indicating a 340% YoY growth. However, factors such as poor user experience impeded the rate of adoption of DEX. Recognizing this trend, ChainUp has updated its white-labeled DEX solution, incorporating advanced features, strengthening its security, improving its liquidity and aims to provide a decentralized trading experience that is on par with commonly-used centralized exchanges (CEX).

Bridging TradFi and Digital Assets Market
The traditional financial sector has been progressing very cautiously on digital assets. As more institutions lean into RWA tokenization, they unlock unparalleled liquidity in a borderless trading environment. Amidst this evolution, ChainUp’s RWA solutions emerge as an industry pioneer, offering robust tokenization protocols, seamless integration, and enhanced security, bridging the gap between TradFi and the digital future with unmatched finesse.

Minimizing Risk and Maximizing Security
ChainUp’s MPC Wallet revolutionizes crypto security by integrating MPC technology with advanced hardware isolation, ensuring utmost safety and encryption on data. The wallet offers dynamic key-refreshing mechanisms, chain-agnostic compatibility, and eliminates single-point vulnerabilities. With efficient multi-address management and 24/7 expert support, users enjoy full asset control, scalability, and cost-efficiency, all under one roof.

Compliance: The Guiding Principle
Navigating global regulations in the blockchain sector can be complex. ChainUp’s KYT subsidiary, Trustformer, offers peace of mind for enterprises tackling compliance-related challenges.  ChainUp’s advanced solutions in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) show their commitment to a more secure blockchain environment.

For detailed insights into ChainUp’s innovative solutions, please visit:

About ChainUp
Headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange, KYT, NFT trading, wallet, liquidity, Web3.0 infrastructure, digital asset custody, security token offerings and more. Established in 2017, ChainUp has offices around the world, serving more than 1,000 clients in 30 countries, reaching over 60 million end-users.

CONTACT: Jacelynn Pang, [email protected] 

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Blockchain Press Releases

BingX Collaborates with WunderTrading to Elevate Crypto Automated Trading



SINGAPORE, Sept. 27, 2023 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, is thrilled to announce its integration with WunderTrading, a cutting-edge platform that allows users to trade and invest crypto seamlessly using automated trading bots. This strategic partnership is aimed at enhancing the automated trading experience for BingX users and introducing a new level of convenience and innovation.

WunderTrading is a cloud-based cryptocurrency trading platform that simplifies cryptocurrency trading experience for beginners. Users can easily copy strategies of renowned traders or create their own. The platform offers an advanced trading terminal and automated bots integrated with TradingView, allowing users to manage portfolios efficiently within a single app. WunderTrading stands out by consolidating trading tools, enhancing user experience, and introducing unique features like the Spread-trading Terminal.

The integration of BingX and WunderTrading offers BingX users a significant advantage. With access to TradingView integration and the innovative Spread-trading Terminal, users can automate their trading strategies and diversify their portfolios with minimal risk. The Spread-trading terminal enables BingX users to choose assets for constructing a spread and will execute buy and sell orders simultaneously for the selected pairs. This integration empowers BingX users to create and fine-tune crypto trading bots swiftly, providing a unique opportunity to optimize their trading while minimizing market volatility risks.

Megan Nyvold, Head of Branding at BingX, expressed her excitement about the collaboration, saying, “BingX is always striving to offer our users the most innovative and user-friendly tools to navigate the crypto market with efficiency and greater ease. Our partnership with WunderTrading is a significant step forward. With this integration, we empower our users to trade smarter, diversify their portfolios, and navigate the crypto market with newfound confidence. We’re excited to see our users leverage the power of automated trading through WunderTrading and make the most of this enhanced trading experience.”

As BingX and WunderTrading join forces, users can look forward to an enhanced trading journey filled with innovative tools and features designed to optimize their trading strategies.

About BingX

BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Please visit to learn about BingX.

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