Programmable Logic Controller Market, By Programming Language (Ladder Logic, Text-Based Programming, and Function Block Programming), By Size (Micro PLCs, Mini PLCs, Modular PLCs, Compact PLCs, and Large PLCs), By Industry Vertical (Automotive, Chemical &
Programmable Logic Controller Market, By Programming Language (Ladder Logic, Text-Based Programming, and Function Block Programming), By Size (Micro PLCs, Mini PLCs, Modular PLCs, Compact PLCs, and Large PLCs), By Industry Vertical (Automotive, Chemical & Petrochemical, Paper & Pulp, Energy & Utilities, Food & Beverages, Oil & Gas , and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Programmable logic controllers or PLCs are digital computers used for automation in industrial processes. PLCs are designed to be robust and reliable in harsh environments like manufacturing plants, factories, and process control systems. They are programmed using ladder logic, function block diagrams, or instruction lists to monitor input signals and activate output signals accordingly. PLCs contain digital and analog input/output modules for connecting sensors and actuators. They are commonly used for controlling machines and processes such as assembly lines, packaging systems, and others. PLCs can perform complicated sequences, switching, and logic functions and timing control tasks, thus eliminating the need for costly relay logic and circuit wiring. This makes them highly suitable for automation tasks on the factory floor where flexibility, durability, and reliability are critical factors.
Market Dynamics:
The global programmable logic controller market is driven by growing industrial automation across various end-use industries such as manufacturing, automotive, food processing, and oil and gas production among others. Increasing demand for enhanced productivity, quality control, and minimized downtimes are key factors fueling the adoption of PLCs. Rising requirements for flexible systems that can be modified easily without major changes in the design is augmenting the market growth. Growing need for safety and data management in industrial control systems is creating opportunities for advanced PLCs integrated with industrial communication protocols. Short product lifecycles and long lifespan of industrial machinery pose a challenge for market players in terms of retrofitting older systems with latest PLC versions. High initial investments required for implementation of PLC automation and lack of skilled workforce are some factors limiting market expansion to some extent.
Key Features of the Study:
This report provides an in-depth analysis of the global programmable logic controller market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global programmable logic controller market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include ABB Ltd, Mitsubishi Electric Corporation, Schneider Electric SE, Rockwell Automation, Siemens AG, Honeywell International Inc, Omron Corporation, Panasonic Corporation, Robert Bosch GmbH, Emerson Electric Company, Hitachi Ltd, and Toshiba International Corporation are the major players.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global programmable logic controller market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global programmable logic controller market.
Detailed Segmentation:
By Programming Language
Ladder Logic
Text-Based Programming
Function Block Programming
By Size
Micro PLCs
Mini PLCs
Modular PLCs
Compact PLCs
Large PLCs
By Industry Vertical
Automotive
Chemical & Petrochemical
Paper & Pulp
Energy & Utilities
Food & Beverages
Oil & Gas
Others
By Regional
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Key Players Insights
ABB Ltd
Mitsubishi Electric Corporation
Schneider Electric SE
Rockwell Automation
Siemens AG
Honeywell International Inc
Omron Corporation
Panasonic Corporation
Robert Bosch GmbH
Emerson Electric Company
Hitachi Ltd
Toshiba International Corporation
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Programming Language
Market Snippet, By Size
Market Snippet, By Industry Vertical
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Programmable Logic Controller Market, By Programming Language, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Ladder Logic
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Text-based Programming
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Function Block Programming
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
5. Global Programmable Logic Controller Market, By Size, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Micro PLCs
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Mini PLCs
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Modular PLCs
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Compact PLCs
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Large PLCs
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
6. Global Programmable Logic Controller Market, By Industry Vertical, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Automotive
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Chemical & Petrochemical
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Paper & Pulp
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Energy & Utilities
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Food & Beverages
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Oil & Gas
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Others
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
7. Global Programmable Logic Controller Market, By Region, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
North America
Regional Trends
Market Size and Forecast, By Programming Language, 2019–2031 (US$ Billion)
Market Size and Forecast, By Size, 2019–2031 (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031 (US$ Billion)
Market Share Analysis, By Country, 2024 and 2031 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Programming Language, 2019–2031 (US$ Billion)
Market Size and Forecast, By Size, 2019–2031 (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031 (US$ Billion)
Market Share Analysis, By Country, 2024 and 2031 (%)
U.K.
Germany
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Programming Language, 2019–2031 (US$ Billion)
Market Size and Forecast, By Size, 2019–2031 (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031 (US$ Billion)
Market Share Analysis, By Country, 2024 and 2031 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Programming Language, 2019–2031 (US$ Billion)
Market Size and Forecast, By Size, 2019–2031 (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031 (US$ Billion)
Market Share Analysis, By Country, 2024 and 2031 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
Regional Trends
Market Size and Forecast, By Programming Language, 2019–2031 (US$ Billion)
Market Size and Forecast, By Size, 2019–2031 (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031 (US$ Billion)
Market Share Analysis, By Country, 2024 and 2031 (%)
South Africa
GCC Countries
Rest of the Middle East and Africa
8. Competitive Landscape
Company Profiles
ABB Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Mitsubishi Electric Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Schneider Electric SE
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Rockwell Automation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Siemens AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Honeywell International Inc
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Omron Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Panasonic Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Robert Bosch GmbH
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Emerson Electric Company
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hitachi Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Toshiba International Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Wheel of Fortune
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact
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