The Programmable Logic Controller Market is projected to reach USD 19.08 billion by 2030 from USD 11.31 billion in 2022, at a CAGR of 6.75% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Programmable Logic Controller Market.
Based on Type, market is studied across Hardware, Services, and Software. The Hardware commanded largest market share of 63.04% in 2022, 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 38.44% in 2022, followed by Micro PLC.
Based on Architecture, market is studied across Compact PLC and Modular PLC. The Modular PLC commanded largest market share of 68.23% in 2022, 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 61.21% in 2022, 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 75.77% in 2022, 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 26.54% in 2022, 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 39.54% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Programmable Logic Controller Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Programmable Logic Controller Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
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.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast for the Programmable Logic Controller Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Programmable Logic Controller Market?
- What is the competitive strategic window for identifying opportunities in the Programmable Logic Controller Market?
- What are the latest technology trends and regulatory frameworks in the Programmable Logic Controller Market?
- What is the market share of the leading vendors in the Programmable Logic Controller Market?
- Which modes and strategic moves are suitable for entering the Programmable Logic Controller Market?