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The programmable logic controller (PLC) market is forecasted to grow by USD 3.00 billion during 2024-2029, accelerating at a CAGR of 3.5% during the forecast period. The report on the programmable logic controller (PLC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for compact automation solutions, demand for PLCs in renewable power generation, and need for PLCs in smart factories.
The programmable logic controller (PLC) market is segmented as below:
By Product
- Modular
- Unitary
- Rackmount
By End-user
- Process industry
- Discrete industry
- Building automation
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
By Type:
This study identifies the increasing focus on expanding capability of micro-plcs as one of the prime reasons driving the programmable logic controller (PLC) market growth during the next few years. Also, simplification of software designing process and introduction of SOC FPGAs in PLC architecture will lead to sizable demand in the market.The report on the programmable logic controller (PLC) market covers the following areas:
- Programmable Logic Controller (PLC) Market sizing
- Programmable Logic Controller (PLC) Market forecast
- Programmable Logic Controller (PLC) Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by End-user
10 Market Segmentation by Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global programmable logic controller (PLC) market: ABB Ltd., Beckhoff Automation, Eaton Corp., Emerson Electric Co., Ependion AB, Festo SE and Co. KG, Furukawa Electric Co. Ltd., IDEC Corp., Infineon Technologies AG, Keyence Corp., Lenze SE, Mitsubishi Electric Corp., OMRON Corp., Panasonic Holdings Corp., Parker Hannifin Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens, and Toshiba Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on expanding capability of micro-plcs."
According to the report, one of the major drivers for this market is the increasing demand for compact automation solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Beckhoff Automation
- Eaton Corp.
- Emerson Electric Co.
- Ependion AB
- Festo SE and Co. KG
- Furukawa Electric Co. Ltd.
- IDEC Corp.
- Infineon Technologies AG
- Keyence Corp.
- Lenze SE
- Mitsubishi Electric Corp.
- OMRON Corp.
- Panasonic Holdings Corp.
- Parker Hannifin Corp.
- Robert Bosch GmbH
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens
- Toshiba Corp.
