Programmable Logic Controller Market by Type, Size, Architecture, Form, Power Supply, End-User Industry

Description

List of Tables

[196 Pages Report] The Programmable Logic Controller Market size was estimated at USD 12.03 billion in 2023 and expected to reach USD 12.83 billion in 2024, at a CAGR 6.80% to reach USD 19.08 billion by 2030.

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.

KEY MARKET STATISTICS
Base Year [2023]	USD 12.03 billion
Estimated Year [2024]	USD 12.83 billion
Forecast Year [2030]	USD 19.08 billion
CAGR (%)	6.80%

Type: Proliferating adoption of software providing the critical interface for design and configuration

The hardware incorporates the physical components of PLCs, such as CPU, power supplies, I/O modules, and communication modules. Hardware is crucial for the functionality of PLC systems as they form the backbone of industrial control operations. Selection is often dependent on the scale of operations. Larger industrial applications may require high-performance CPUs and extensive I/O modules, whereas more straightforward automation tasks might only necessitate basic modules. Services related to PLCs encompass installation, maintenance, training, and consultancy services. This segment ensures that PLC systems are optimally installed, maintained, and utilized, contributing to operational efficiency and safety. The demand for services varies based on the expertise of the in-house team. Organizations with specialized automation engineers may need fewer external services, whereas smaller entities or those new to PLCs may require comprehensive service packages. The software includes programming, configuration, and simulation tools for PLCs. This software is essential for the design, implementation, and operation of automation projects, and it plays a significant role in deciding the functionality and flexibility of PLC systems. The choice of software often depends on the complexity of the automation project and the hardware used. Projects requiring intricate control logic or significant customization may benefit from more sophisticated software suites.

End-User Industry: High usage of programmable logic controllers by energy and utilities sector

The automotive industry extensively utilizes PLCs for assembly lines, painting, welding robots, and quality control. High precision, reliability, and adaptability to new models are crucial. PLCs in the chemical and petrochemical sector are pivotal for process control, safety systems, and environmental monitoring. Attributes such as resistance to harsh chemicals and the ability to function in explosive atmospheres are valued. The energy and utilities sector relies on PLCs to monitor and control distribution networks, renewable energy sources, and grid management. Durability and compliance with industry standards, including IEC 61131, are essential. Hygiene, speed, and consistency are the priorities for food and beverage manufacturing PLC applications. PLCs control conveyors, mixers, and packaging machinery. PLCs are essential for drilling operations, pipeline monitoring, and offshore outlets in the oil and gas industry. Requirements include robustness, safety, and remote operation capabilities. Emerson, ABB, and Siemens are significant providers. Pharmaceutical manufacturing demands PLCs for process control, ensuring consistent product quality and adherence to regulations. Key features include data logging, cleanability, and compliance with good manufacturing practice (GMP) standards. PLCs in the pulp and paper industry control machinery, process control systems, and quality monitoring. The key requirement is the ability to handle high-speed processes and harsh environments. PLCs play a critical role in the automation of treatment processes, monitoring, and control systems in water and wastewater plants. Essential features include robustness, handling various input/output signals, and compliance with environmental regulations.

Regional Insights

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.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Programmable Logic Controller Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Programmable Logic Controller Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

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.

Market Segmentation & Coverage

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

Type
- Hardware
- Services
- Software

Size
- Large
- Medium
- Micro PLC
- Nano PLC
- Very Large

Architecture
- Compact PLC
- Modular PLC

Form
- Rack Mounted Type
- Single-Box Type

Power Supply
- PLC with SMPS (230 VAC)
- PLC without SMPS (24 VDC)

End-User Industry
- Automotive
- Chemical & Petrochemical
- Energy & Utilities
- Food & Beverage
- Oil & Gas
- Pharmaceuticals
- Pulp & Paper
- Water & Wastewater Treatment

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Programmable Logic Controller Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Programmable Logic Controller Market?

3. What are the technology trends and regulatory frameworks in the Programmable Logic Controller Market?

4. What is the market share of the leading vendors in the Programmable Logic Controller Market?

5. Which modes and strategic moves are suitable for entering the Programmable Logic Controller Market?

Product Code: MRR-FD3F12D542B7

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing inclination of end-user sectors toward automation
  - 5.1.1.2. Growing government initiatives and investments in Industry 4.0 and smart manufacturing
- 5.1.2. Restraints
  - 5.1.2.1. High initial cost associated with PLC and its maintenance complexities
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in programmable logic controller
  - 5.1.3.2. Emerging applications of PLC in robots and robotics
- 5.1.4. Challenges
  - 5.1.4.1. Functional limitations and availability of alternatives to PLCs
5.2. Market Segmentation Analysis
- 5.2.1. Type: Proliferating adoption of software providing the critical interface for design and configuration
- 5.2.2. End-User Industry: High usage of programmable logic controllers by energy and utilities sector
5.3. Market Trend Analysis
- 5.3.1. Innovation in IIoT and smart manufacturing to drive PLC technology development in the Americas
- 5.3.2. Export-led industrial automation to foster a competitive advantage for PLC in the Asia-Pacific
- 5.3.3. EMEA's emphasis on Industry 4.0 and the growing value for standardized programmable logic controller (PLC)
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Programmable Logic Controller Market, by Type

6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software

7. Programmable Logic Controller Market, by Size

7.1. Introduction
7.2. Large
7.3. Medium
7.4. Micro PLC
7.5. Nano PLC
7.6. Very Large

8. Programmable Logic Controller Market, by Architecture

8.1. Introduction
8.2. Compact PLC
8.3. Modular PLC

9. Programmable Logic Controller Market, by Form

9.1. Introduction
9.2. Rack Mounted Type
9.3. Single-Box Type

10. Programmable Logic Controller Market, by Power Supply

10.1. Introduction
10.2. PLC with SMPS (230 VAC)
10.3. PLC without SMPS (24 VDC)

11. Programmable Logic Controller Market, by End-User Industry

11.1. Introduction
11.2. Automotive
11.3. Chemical & Petrochemical
11.4. Energy & Utilities
11.5. Food & Beverage
11.6. Oil & Gas
11.7. Pharmaceuticals
11.8. Pulp & Paper
11.9. Water & Wastewater Treatment

12. Americas Programmable Logic Controller Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Programmable Logic Controller Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Programmable Logic Controller Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. Market Share Analysis, 2023
15.2. FPNV Positioning Matrix, 2023
15.3. Competitive Scenario Analysis
- 15.3.1. ABB's latest distributed control system release helps accelerate digital transformation in process automation
- 15.3.2. Toshiba Releases Intelligent Power Devices That Help Reduce Mounting Areas
- 15.3.3. Fuji Electric India has an aggressive expansion plan
- 15.3.4. Introducing the "Smallest PLC Ever" to the Market
- 15.3.5. ABB signs with Insta to strengthen its control systems leadership in Finland
- 15.3.6. Mitsubishi Electric India launched the all new CNC product range
- 15.3.7. Honeywell and the University Politehnica Of Bucharest Launch Industrial Automation Lab To Support Student Entry Into The Global Workforce
- 15.3.8. ABB and Red Hat partner to deliver further scalable digital solutions
- 15.3.9. Mitsubishi Electric initiates ground-breaking ceremony of new factory
- 15.3.10. New Emerson Compact Controllers Increase ROI for Machine Builders
- 15.3.11. ECIL Launched PLC and SCADA software
- 15.3.12. Opto 22 introduces new groov RIO model with expanded Sparkplug B integration

16. Competitive Portfolio

16.1. Key Company Profiles
16.2. Key Product Portfolio