Programmable Logic Controller (PLC) Market, By Type (Hardware & Software (Nano PLC, Small PLC, Medium PLC, Large PLC, and Other Types) and Services), By End-user Industry (Food, Tobacco, & Beverage, Automotive, Chemical & Petrochemical, Energy & Utilities, Pharmaceuticals, Pulp & Paper, Oil & Gas, Water & Wastewater Treatment, and Other End-user Industries), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI379019 | Publish Date: March 2024 | No. of Pages: 168

Global Programmable Logic Controller PLC Overview

Introduction:

Programmable Logic Controller (PLC) Market was valued at US$ 13.8 Billion in 2024 and is projected to grow at a CAGR of 18.30% to reach US$ 63.8 Billion by 2034.

Programmable Logic Controller (PLC) is the primary computing system, which controls automated machines. The system also helps in detecting any flaws or errors and alerts the technician. PLC systems are also favored over traditional systems, like relays and switch boxes, owing to their compact sizes. Another advantage of PLCs is their multi-functionality, due to their programmable nature that can be used for multiple operations depending on the application. The PLC consists of hardware, software, and services. The basic architecture of the PLC consists of main components, which are the processor module, the power supply, and the I/O modules

Global Programmable Logic Controller PLC Dynamics

Increase in industrial manufacturing sector is growing utilization of intelligent machine tools to boost productivity. Rising automation in industries is projected to propel the global programmable logic controller (PLC) market growth over the forecast period. In addition, increased applications in commercial applications such as elevators, traffic controls, and washing machines is also driving growth of the target market. Increasing consumer tendency toward the adoption of intelligent machines has encouraged the retailers of commercial products, such as washing machines, to implement these components in the devices, fueling the PLC market growth. However, the complexity in the industrial control software is increasing and efficient & proper software is necessary to produce robust, reliable, & reusable software. This is expected to hamper the industry growth over the forecast period. Nevertheless, the manufacturers are developing robust components to expand the performance of these systems. In industrial automation, these components require communication with other control levels for identifying errors in processes monitoring & reporting functions. With the increasing volume of data these components have to manage, high-speed connections have become a requirement for reliable and secure data flow. Companies that provide secure connections are working on faster, stable, and more secure connections to make the process control technology efficient and cost-effective. This trend will affect the PLC market ecosystem due to the upgraded functionality of the systems as a whole.

Global Programmable Logic Controller PLC Segmentation

The programmable logic controller (PLC) market is segmented based on type, end-user industry, and region.

On the basis of type, the global programmable logic controller (PLC) market is segmented into Hardware & software and services. Hardware & software type segment is further divided into nano PLC, small PLC, medium PLC, large PLC, and other types. Based on end-user, the target market is classified into food, tobacco, & beverage, automotive, chemical & petrochemical, energy & utilities, pharmaceuticals, pulp & paper, oil & gas, water & wastewater treatment, and other end-user industries. Automotive end-user industry is dominating the target market, owing to the increasing automation in the manufacturing industries. The automobile manufacturers are concentrating on severe demand influx and are finding it difficult to cater to the requirements with growing turn-around time hampering their businesses. To recover the turn-around time, the producers are implementing automation in the manufacturing facilities, thus boosting the PLC market growth in the sector.

 Regional Insights:

Based on region the global programmable logic controller (PLC) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The U.S. is accounted to hold a major share in North America due to rise in industrial investment in the mining and oil & gas sectors, thereby driving the global market growth. The dominance is also maintained by smart manufacturing initiatives, such as the Smart Manufacturing Leadership Coalition (SMLC), that fuels and facilitates the broad adoption of manufacturing automation and intelligence. The next generation of urban infrastructure is on the horizon and as the technologies of the Internet of Things has become progressively high. The government is focusing is on smart city development and there will be a high demand of industrial digital computer over the forecast period.

Global Programmable Logic Controller (PLC) Market, By Type:

  • Hardware & Software
  • Nano PLC
  • Small PLC
  • Medium PLC
  • Large PLC
  • Other Types
  • Services

Global Programmable Logic Controller (PLC) Market, By End-user Industry:

  • Food, Tobacco, & Beverage
  • Automotive
  • Chemical & Petrochemical
  • Energy & Utilities
  • Pharmaceuticals
  • Pulp & Paper
  • Oil & Gas
  • Water & Wastewater Treatment
  • Other End-user Industries

Global Programmable Logic Controller (PLC) Market, By Region:

      • North America 
        • North America Programmable Logic Controller (PLC) Market, By Type
        • North America Programmable Logic Controller (PLC) Market, By End-user Industry
        • North America Programmable Logic Controller (PLC) Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Programmable Logic Controller (PLC) Market, By Type
        • Europe Programmable Logic Controller (PLC) Market, By End-user Industry
        • Europe Programmable Logic Controller (PLC) Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Programmable Logic Controller (PLC) Market, By Type
        • Asia Pacific Programmable Logic Controller (PLC) Market, By End-user Industry
        • Asia Pacific Programmable Logic Controller (PLC) Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                                                                          
      • Latin America
        • Latin America Programmable Logic Controller (PLC) Market, By Type
        • Latin America Programmable Logic Controller (PLC) Market, By End-user Industry
        • Latin America Programmable Logic Controller (PLC) Market, By End-user
        • Latin America Programmable Logic Controller (PLC) Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Programmable Logic Controller (PLC) Market, By Type
        • Middle East & Africa Programmable Logic Controller (PLC) Market, By End-user Industry
        • Middle East & Africa Programmable Logic Controller (PLC) Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Programmable Logic Controller PLC Key Players

The key players operating the programmable logic controller (PLC) market involves ABB Ltd., Mitsubishi Electric Corporation, Rockwell Automation, Siemens AG, Honeywell International Inc., Schneider Electric SE, Omron Corporation, Panasonic Corporation, Robert Bosch GmbH, and Emerson Electric Co. (GE). Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in June 2018, Siemens AG building technologies strengthened its digital portfolio by acquiring Building Robotics Inc., the creator of Compfy. This acquisition extends its leadership in smart buildings.

Global Programmable Logic Controller PLC Company Profile

  • ABB Ltd.
    • Company Overview
  • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Mitsubishi Electric Corporation
  • Rockwell Automation
  • Siemens
  • Honeywell International Inc.
  • Schneider Electric SE
  • Omron Corporation
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Emerson Electric Co. (GE)

 “*” marked represents similar segmentation in other categories in the respective section

Global Programmable Logic Controller PLC Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    •  Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Programmable Logic Controller (PLC) Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By End-user Industry
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Programmable Logic Controller (PLC) Market, By Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Hardware & Software
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
        • Nano PLC
        • Small PLC
        • Medium PLC
        • Large PLC
        • Other Types
    • Service
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Programmable Logic Controller (PLC) Market, By End-user Industry, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Food, Tobacco, & Beverage
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Automotive
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Chemical & Petrochemical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Energy & Utilities
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Pharmaceuticals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Pulp & Paper
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Oil & Gas
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Water & Wastewater Treatment
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Other End-user Industries
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Programmable Logic Controller (PLC) Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • ABB Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Mitsubishi Electric Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Rockwell Automation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Siemens AG
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Honeywell International, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Schneider Electric SE
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Omron Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Panasonic Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Robert Bosch GmbH
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Emerson Electric Co. (GE)
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Programmable Logic Controller (PLC) Market is segmented into type, end-user industry and region.

The use of intelligent machine tools to increase productivity is increasing as the industrial manufacturing industry grows.

By region, The U.S. is accounted to hold a major share in North America due to rise in industrial investment in the mining and oil & gas sectors, thereby driving the global market growth.

The Key players operating in the Global Programmable Logic Controller (PLC) Market include ABB Ltd., Mitsubishi Electric Corporation, Rockwell Automation, Siemens AG, Honeywell International Inc., Schneider Electric SE, Omron Corporation, Panasonic Corporation, Robert Bosch GmbH, and Emerson Electric Co. (GE).