Global programmable logic controller (PLC) Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application

This report aims to provide a comprehensive presentation of the global market for programmable logic controller (PLC), with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding programmable logic controller (PLC).

The programmable logic controller (PLC) market size considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global programmable logic controller (PLC) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the programmable logic controller (PLC) manufacturers, new entrants, and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

The programmable logic controller (PLC) market is expected to grow by registering a CAGR of 4.56% during the forecast period (2022-2027). A major growth indicator for PLCs in the discrete-manufacturing sectors is the amplified deployment of robots across the automotive manufacturing, electrical, and electronics industries.

MARKET COMPETITIVE LANDSCAPE:
The main players in the programmable logic controller (PLC) market include ABB Ltd., Mitsubishi Electric Corporation, Schneider Electric SE, Rockwell Automation, Inc., and Siemens AG. The share of the top 3 players in the programmable logic controller (PLC) market is xx%.

REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, in which North America accounted for xx%, Europe accounted for xx% of programmable logic controller (PLC) market, and Asia Pacific accounted for xx%.

SEGMENT OVERVIEW:
The report segments the market by Type and Application. Large PLC accounted for xx% of programmable logic controller (PLC) market in 2022. Nano PLC share of xx%.
Food, Tobacco, and Beverage accounted for xx% of the programmable logic controller (PLC) market in 2022. Automotive accounts for xx%.

In recent years, a series of factors are affecting the development of the automotive industry.

Electric Vehicles (EVs): The shift towards electric vehicles has gained significant momentum in recent years. Automakers are investing heavily in EV development and expanding their electric vehicle lineups. This trend is driven by factors such as government regulations to reduce emissions, improvements in battery technology, and increasing consumer interest in eco-friendly transportation options.

Autonomous Driving: Autonomous driving technology has advanced rapidly, with the development of sophisticated sensors, machine learning algorithms, and connectivity systems. Automakers and tech companies are investing in autonomous driving research and development, aiming to achieve higher levels of vehicle automation. This trend holds the promise of safer and more efficient transportation, as well as new business models like autonomous ride-hailing services.

Shared Mobility: The concept of shared mobility has gained popularity, particularly in urban areas. Services like ride-hailing, car-sharing, and car subscription models have experienced significant growth. These services offer convenience, cost savings, and reduced traffic congestion by optimizing vehicle utilization. Automakers are responding by entering partnerships or launching their own shared mobility platforms.



Highlights-Regions

The programmable logic controller (PLC) market can be split based on product types, major applications, and important regions as follows:

North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
South America
Brazil
Argentina
Colombia
MEA
Saudi Arabia
Egypt
Nigeria

Player list
ABB Ltd.
Mitsubishi Electric Corporation
Schneider Electric SE
Rockwell Automation, Inc.
Siemens AG

Types list
Large PLC
Nano PLC
Small PLC
Medium PLC
Other Types

Application list
Food, Tobacco, and Beverage
Automotive
Chemical and Petrochemical
Energy and Utilities
Pulp and Paper
Oil and Gas
Water and Wastewater Treatment
Pharmaceutical
Other End-user Industries