Allied Market Research

2024

Programmable Logic Controller (plc) Market

Programmable Logic Controller (Plc) Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Modular PLC, Compact PLC, Rack PLC, Traditional PLC, Safety PLC, Smart Relay, Others) and by Industry (Automotive, Chemicals and petrochemical, Paper and Pulp, Energy and Utilities, Oil and Gas, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Vineet Kumar
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Programmable logic controller (PLC) is an electronic device used to monitor, control, and manage building systems, production processes, and power in industrial control systems. Power supply, processor, programming of PLC, and the input/output section are some of the basic components of PLC. To meet the demand for harsh industrial environments, these controllers are designed to be extremely robust, often capable of withstanding extreme temperatures, humidity, vibration, and electrical noise. Furthermore, several languages are used in PLC programming that are sequential function chart, ladder logic, and functional block diagrams.

PLCs is an integral part of industrial process control and factory automation for years. It controls a wide array of applications starting from lighting functions to environmental systems to chemical processing plants. These PLCs work seamlessly for years in hazardous industrial environments to offer excellent flexibility and precision. In addition, it offers the greater reliability in factory automation and increased efficiency, thereby fostering the market growth. However, rise in prices of PLCs hinders the market growth.

The global PLC market is segmented based on solution, industry vertical, and geography. Based on solution, it is divided into hardware (processor, power supply, and input/output (I/O), software, and service (training, maintenance, and consulting). On the basis of type, it is bifurcated into integrated or compact PLC and modular PLC (small PLC, medium-sized PLC, and large PLCs). Industry verticals covered in the study include energy & power, automotive, oil & gas, pharmaceutical, and others. Geographically, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Major companies profiled in the report include Honeywell International, Mitsubishi Electric Corporation, Schneider Electric, Omron Corporation, Rockwell Automation, Siemens AG, ABB Ltd. General Electric, Hitachi Industrial Equipment Systems Co., Ltd., and Allen Bradley.

POTENTIAL BENEFITS FOR STAKEHOLDERS

  • Comprehensive analysis of the current trends and future estimations in the global programmable logic controller (PLC) market is provided.
  • The report offers a competitive scenario of the market with growth trends, structure, drivers, scope, opportunities, and challenges.
  • It includes a detailed analysis of the key segments to provide insights on market dynamics.
  • Porters Five Forces analysis highlights the potential of buyers and suppliers and the competitive structure of the market to provide effective growth strategies and facilitate better decision-making.

Programmable Logic Controller (Plc) Market Report Highlights

Aspects Details
Programmable Logic Controller (Plc) Market By Type
By Type
  • Modular PLC
  • Compact PLC
  • Rack PLC
  • Traditional PLC
  • Safety PLC
  • Smart Relay
  • Others
Programmable Logic Controller (Plc) Market By Industry
By Industry
  • Automotive
  • Chemicals and petrochemical
  • Paper and Pulp
  • Energy and Utilities
  • Oil and Gas
  • Others
Programmable Logic Controller (Plc) Market By Region
By Region
  • North America  (U.S., Canada)
  • Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players
Key Market Players

Schneider Electric, Mitsubishi Electric, Yokogawa Electric, ABB, Siemens, Keyence, Omron, Rockwell Automation, Honeywell, Delta Electronics

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Programmable Logic Controller (Plc) Market

Global Opportunity Analysis and Industry Forecast, 2023-2032