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Global Wireless Mobile Machine Control Market Witnessed to Gain Prominent Growth at a CAGR of 9.21% During 2017-2021

Eaton, Hirschmann Mobile Machine Control Solutions, Leica Geosystems, and MOBA Mobile automation as the key vendors in the global wireless mobile machine control market.

 

Albany, NY -- (SBWIRE) -- 10/06/2017 -- Machine safety applications have evolved from physical safeguards to today's wireless, remote control technologies. The growing use of mobile wireless controls and variable speed drives involves monitoring of all related functions of the machine. Recently, a new study titled "Global Wireless Mobile Machine Control Market 2017-2021" has been publicized to the massive online database of Market Research Hub (MRH), offers a detailed analysis of the volumes, prices, historical growth and future perspectives in the market. Further, the study lays out an analysis of the factors influencing the demand for wireless mobile machine control market, and the opportunities/challenges faced by industry participants.

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Initially, the report discusses the market scope along with the key market highlights to analyze the wireless mobile machine control market's development status and future growth prospects. Wireless mobile machine control is a system used in heavy machinery to control the machine movement remotely, precisely, reliably and accurately. It allows operators to control and monitor an application without being in close proximity, thus eliminates the need for manual labor to perform several activities. Also, wireless mobile machine control incorporates CANbus protocol for enabling Bluetooth and WiFi wireless communications. Looking the various features, such as increased safety of machines and personnel, the research identifies that it will be one of the primary growth factors for the wireless mobile machine control market.

As per the study evaluations, the global wireless mobile machine control market poised to grow at a notable CAGR of 9.21% during the period 2017-2021. Some of the prime factors contributing towards the market growth include 3D machine control technology deployment in paving processes, Emergence of IoT, and Smart mining. IoT provides the flexibility of operating heavy machinery remotely and efficiently, using wireless mobile machine control.

The next section of the report presents a detailed evaluation of the market bifurcation. The market has been categorized by end-user, equipment and geography. The geographical segmentation of the report throws light on some prime regions such as EMEA, APAC and Americas. For each regional segment, the market size for coming years has been analyzed which is based on revenue and growth for the forecast period of 2017 to 2022. In addition, on the basis of equipment type, the study includes loaders, graders, dozers and excavators. Of these, loaders hold the maximum shares, as they are widely used in several sectors. Major end-user are agriculture, mining, construction and waste management.

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Through the regional analysis, the report analyzes that the market is vastly combative in nature, with many leading players operating across various locations. A vital section of the report covers vendor landscape of the market which presents an exact picture about the various players active in this market Major industry participants include Hirschmann Mobile Machine Control Solutions, MOBA Mobile automation, Eaton and Leica Geosystems.

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