Safety PLC Market Competitive Landscape by 2025

Safety PLC Market: Overview

A Programmable Logic Controller (PLC) is a type of digital computer used for industrial applications, manufactured for the purpose of controlling manufacturing operations, such as in the field of robotics or any process that requires reliability, process fault diagnosis, accuracy and ease of programming. PLCs were developed to replace timers and hard-wired relays, specifically for the automobile industry. Safety PLC is a type of controller or rather, a type of PLC built specifically keeping in mind safety directives that include the levels of reduction of risk and Safety Integrity Levels (SIL). These safety directives include ISO 13849-1, IEC62061 and IEC 61508. The safety PLC includes many functions. Any faults that can occur in the firmware or the hardware can be detected by the safety PLC, such that any unsafe situation is not caused in the device.

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Safety PLC market is estimated to grow at a CAGR of 7% in the forecast period 2017-2021.

Safety PLC Market: Drivers and Restraints

As the sale of commercial and passenger vehicles has increased in the recent past, key automotive manufacturers are planning capacity additions to the automobiles on a large-scale basis. This factor is expected to raise demand not only in automation but also in auto components market. This increase in demand for automotive products is expected to increase the demand for safety PLCs as well. It is a well-known fact that PLCs increase productivity in the processes taking place in an industry. But, safety PLCs enhance this productivity. Hence, the Safety PLCs Market is growing at a fast pace. ERP and MES systems allow workers in one plant of a manufacturing unit to communicate with another plant of the manufacturing unit with the help of PLCs. Hence, manufacturers are able to keep a check on the quality of products being manufactured in all of their manufacturing plants. This factor is likely to drive the growth of Safety PLCs market.

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Safety PLC Market: Key Players

Major players identified in the Safety PLC Market are:-

Siemens Safety Integrated
Pilz Automation Safety L.P.
Rockwell Automation
ABB
Mitsubishi
Koyo
Schneider (Modicon)
Panasonic
Omron
Idec
B&R Industrial
Keyence
GE Fanuc
Beckhoff
Toshiba
Fuji

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This release was published on openPR.