Report Code: A05519 | Pages: NA | Mar 2023 | 3708 Views | ||
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Request Now !Programmable automation controllers (PACs) are basically industrial computers that are constructed for manufacturing environments. These computers act as the brains of the manufacturing operation, providing highly reliable control of automation equipment. Programmable automation controllers have an open architecture and they incorporate modular design. They help an array of devices, networks, and systems to communicate and operate with each other. As they use standard protocols and network technologies such as Ethernet, OLE for Process Control (OPC), and Structured Query Language (SQL), they are used to communicate, monitor, and control equipment across multiple networks and devices. PACs provide more flexibility in programming, larger memory capacity, and better scalability for future expansion. They are particularly useful for systems with a high percentage of analog I/O.
Increase in demand for high-performance and powerful functionality controller for satisfying the complex control requirements of the industries drives the growth of the programmable automation controllers market. In addition, rise in demand for machines with higher efficiency and connectivity fuel the market growth. However, high cost of programmable automation controllers is expected to restrain the growth of the market. Furthermore, increase in R&D activities related to construction technologies, wherein programmable automation controllers are useful, provides opportunities for the growth of the programmable automation controllers market. Â There are several players in the motion control market and product launch, product development, business acquisition, and business expansion are the growth strategies adopted by the key players.
For instance, in April 2017, ABB acquired B&R (Bernecker + Rainer Industrie-Elektronik GmbH). B&R is one of the largest independent providers focused on product- and software-based, open-architecture solutions for machine and factory automation worldwide.
The significant impacting factors for the growth of the programmable automation controllers market include increase in demand for the high-performance and powerful functionality controller, rise in demand for machines with higher efficiency and connectivity, and surge in demand for high-speed analog measurements. In addition, the restraining factors by which the programmable automation controllers market gets influenced include high initial and maintenance cost. Furthermore, increase in R&D activities related to construction technologies, wherein programmable automation controllers are useful, provides lucrative opportunities for the growth of the programmable automation controllers market.
The programmable automation controllers industry is segmented based on product type, type, application, and region. Based on product type, the market is bifurcated into hardware and software. By type, it is categorized into integrated type, distributed type, and I/O type. Based on application, it is categorized into oil & gas, machine manufacturing, electrical & electronics, aerospace & defense, chemical, pharmaceuticals, automotive & transportation, and other. Based on region, the market is analyzed across Europe, Asia pacific, North America, and LAMEA.
The major companies profiled in the global programmable automation controllers market share include Siemens AG, ABB Group, Schneider Electric, Rockwell Automation Inc., Honeywell, Omron, Emerson Electric, General Electric Company, Yokogawa Electric, Mitsubishi Electric, and others.
Programmable Automation Controllers Market Report Highlights
Aspects | Details |
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By Type |
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Key Market Players | Siemens AG, ABB Group, Schneider Electric, Rockwell Automation Inc, Honeywell, Omron, Emerson Electric, General Electric Company, Yokogawa Electric, Mitsubishi Electric |
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