QYResearch: The Global revenue of Machine Control System is forecast to reach 4247.15 M USD by the end of 2021
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QYResearch Machine Control System is a one-off cost that continues to return benefits for the life of the machine plus it can be integrated with safety systems to provide unique solutions when machines need to be working within a defined area or site guidelines, which is the application of software and positioning technologies to make you more productive when excavating, grading, dredging or piling.
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QYResearch According to QYR study, the Global revenue of Machine Control System was valued at 2337.78 M USD in 2016, and is forecast to reach 4247.15 M USD by the end of 2021. Trimble accounted for 35.42% of the global Machine Control System revenue market share in 2016. Followed players, Leica Geosystems (Hexagon) accounted for 25.70% market share, and Topcon Corporation 17.62% market share. Global giant manufactures mainly distributed in North America and Europe. They have unshakable status in this field. The key product markets locate at North America and Europe. USA takes the market share of 47.51% in 2015. The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. www.qyresearch.com
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