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The PLC software market is forecasted to grow by USD 853.2 million from 2023 to 2028, accelerating at a CAGR of 5.48% during the forecast period. The report on the PLC software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
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 industrial automation and digitization, growing demand for efficient and flexible manufacturing processes, and advancements in software technologies and programming languages.
The PLC software market is segmented as below:
By Deployment
- Cloud-based
- On-premises
By Type
- Ladder logic
- FBD
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the adoption of edge computing and edge plc software for faster processing as one of the prime reasons driving the plc software market growth during the next few years. Also, integration of ai and machine learning (ml) in plc software for predictive maintenance and optimization and increasing use of open-source plc software and development platforms will lead to sizable demand in the market.
The report on the PLC software market covers the following areas:
- PLC software market sizing
- PLC software market forecast
- PLC software market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plc software market vendors that include ABB Ltd., Beckhoff Automation, Delta Electronics Inc., Eaton Corp. Plc, Emerson Electric Co., FANUC Corp., General Electric Co., Hitachi Ltd., Honeywell International Inc., IDEC Corp., Keyence Corp., LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., OMRON Corp., Panasonic Holdings Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., and Yokogawa Electric Corp. Also, the PLC software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 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
Executive Summary
The following companies are recognized as the key players in the global plc software market: ABB Ltd., Beckhoff Automation, Delta Electronics Inc., Eaton Corp. Plc, Emerson Electric Co., FANUC Corp., General Electric Co., Hitachi Ltd., Honeywell International Inc., IDEC Corp., Keyence Corp., LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., OMRON Corp., Panasonic Holdings Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is adoption of edge computing and edge plc software for faster processing."
According to the report, one of the major drivers for this market is the increasing industrial automation and digitization.
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
- Delta Electronics Inc.
- Eaton Corp. Plc
- Emerson Electric Co.
- FANUC Corp.
- General Electric Co.
- Hitachi Ltd.
- Honeywell International Inc.
- IDEC Corp.
- Keyence Corp.
- LS ELECTRIC Co. Ltd.
- Mitsubishi Electric Corp.
- OMRON Corp.
- Panasonic Holdings Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Toshiba Corp.
- Yokogawa Electric Corp.
