Programmable Logic Controller Market worth $19.08 billion by 2030, growing at a CAGR of 6.80% - Exclusive Report by 360iResearch

The "Programmable Logic Controller Market by Type (Hardware, Services, Software), Size (Large, Medium, Micro PLC), Architecture, Form, Power Supply, End-User Industry - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Programmable Logic Controller Market to grow from USD 12.03 billion in 2023 to USD 19.08 billion by 2030, at a CAGR of 6.80%.

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A PLC is a digital computer designed to automate industrial electromechanical processes, such as machinery control on factory assembly lines or light fixtures. PLCs are built to operate under complex industrial environments such as extreme temperatures and wet, dry, and/or dusty conditions. These programmable logic controllers may range from small modular types to large rack-mounted modular devices, mostly networked to other SCADA and PLC systems. PLCs play an important role in automation, forming part of a larger SCADA system. A PLC can be programmed based on the operational requirement of the process. The various industry's rapid move toward automation has increased the adoption of the PLC worldwide. On the other hand, functional complexities associated with the PLC may create challenges for PLC adoption. The new advancements and extending applications of PLC in robotics are boosting its penetration in the market.

Americas showcases the advanced landscape for the PLC market with the major industries incorporating automation technologies, particularly in the United States. Industry 4.0 trends have been witnessed across the United States, China, the European Union (EU), India, and other rapidly growing countries, which has accelerated the adoption of PLC. In Asia-Pacific, countries such as China, India, South Korea, Japan, and Malaysia have developed as major industrial manufacturing hubs, creating penetration potential for the PLC market. The political unrest in the EMEA due to the Russia-Ukraine conflict resulted in supply chain disruptions and product shortages. On the other hand, the new investment for the industrial sectors, such as the automotive and energy sector in the EMEA region, showcases the potential landscape for PLC market growth.

Market Segmentation & Coverage:

This research report categorizes the Programmable Logic Controller Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Hardware, Services, and Software. The Hardware commanded largest market share of 62.89% in 2023, followed by Software.

Based on Size, market is studied across Large, Medium, Micro PLC, Nano PLC, and Very Large. The Medium commanded largest market share of 38.45% in 2023, followed by Micro PLC.

Based on Architecture, market is studied across Compact PLC and Modular PLC. The Modular PLC commanded largest market share of 67.17% in 2023, followed by Compact PLC.

Based on Form, market is studied across Rack Mounted Type and Single-Box Type. The Rack Mounted Type commanded largest market share of 61.12% in 2023, followed by Single-Box Type.

Based on Power Supply, market is studied across PLC with SMPS (230 VAC) and PLC without SMPS (24 VDC). The PLC with SMPS (230 VAC) commanded largest market share of 75.87% in 2023, followed by PLC without SMPS (24 VDC).

Based on End-User Industry, market is studied across Automotive, Chemical & Petrochemical, Energy & Utilities, Food & Beverage, Oil & Gas, Pharmaceuticals, Pulp & Paper, and Water & Wastewater Treatment. The Pharmaceuticals commanded largest market share of 26.52% in 2023, followed by Food & Beverage.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.01% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Programmable Logic Controller Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Programmable Logic Controller Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Programmable Logic Controller Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advanced Micro Controls, Inc., Anaheim Automation, Inc., Beckhoff Automation Group, Crouzet, Delta Electronics, Inc., Eaton Corporation PLC, Emerson Electric Co., Fuji Electric Co., Ltd., Graco Inc., Hitachi, Ltd., Honeywell International Inc., IDEC Corporation, Infineon Technologies AG, Intel Corporation, Keyence Corporation, Mitsubishi Electric Corporation, Murata Manufacturing Co., Ltd., OMRON Corporation, Opto 22, Panasonic Corporation, Renesas Electronics Corporation, Robert Bosch GmbH, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, STMicroelectronics International N.V., Toshiba Corporation, Unitronics (1989) (R"G) Ltd., UpKeep Technologies, Inc., and Yokogawa Electric Corporation.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Programmable Logic Controller Market, by Type
7. Programmable Logic Controller Market, by Size
8. Programmable Logic Controller Market, by Architecture
9. Programmable Logic Controller Market, by Form
10. Programmable Logic Controller Market, by Power Supply
11. Programmable Logic Controller Market, by End-User Industry
12. Americas Programmable Logic Controller Market
13. Asia-Pacific Programmable Logic Controller Market
14. Europe, Middle East & Africa Programmable Logic Controller Market
15. Competitive Landscape
16. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Programmable Logic Controller Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Programmable Logic Controller Market?
3. What is the competitive strategic window for opportunities in the Programmable Logic Controller Market?
4. What are the technology trends and regulatory frameworks in the Programmable Logic Controller Market?
5. What is the market share of the leading vendors in the Programmable Logic Controller Market?
6. What modes and strategic moves are considered suitable for entering the Programmable Logic Controller Market?

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