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The programmable logic controller (PLC) market is forecasted to grow by USD 3825.67 mn during 2023-2028, accelerating at a CAGR of 4.56% 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
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 publisher 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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global programmable logic controller (PLC) market: ABB Ltd., Beckhoff Automation GmbH and Co. KG, Eaton Corp. Plc, Emerson Electric Co., Ependion AB, Festo SE and Co. KG, Furukawa Electric Co. Ltd., IDEC Corp., 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 AG, Toshiba Corp., and Infineon Technologies AG.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 GmbH and Co. KG
- Eaton Corp. Plc
- Emerson Electric Co.
- Ependion AB
- Festo SE and Co. KG
- Furukawa Electric Co. Ltd.
- IDEC Corp.
- 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 AG
- Toshiba Corp.
- Infineon Technologies AG
