Transparency Market Research, in its recent market intelligence study, finds that the global Programmable Logic Controller (PLC) market registered a value of ~US$ xx Mn/Bn in 2018 and is anticipated to expand at xx% CAGR during the forecast period 2019-2029. All the consumption trends and adoption patterns of the Programmable Logic Controller (PLC) are covered in the report. Prominent players, including player 1, player 2, player 3 and player 4, among others, account for substantial shares in the global Programmable Logic Controller (PLC) market.
In this Programmable Logic Controller (PLC) market study, the following years are considered to project the market footprint:
- History Year: 2014 – 2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year: 2019 – 2029
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Programmable Logic Controls (PLC) market is segmented on the basis of product type, end user industries, and regions.
On the basis of product type, Programmable Logic Controls (PLC) market is segmented into Unitary PLCs, Modular PLCs, and Rack mount PLCs. Unitary Programmable Logic Controls segment, due to its cost-effectiveness, small size, and less downtime; has been considered as the major PLC segment.
On the basis of end user, Programmable Logic Controls (PLC) market is segmented into Process Industry, Discrete Industry, and Building Automation. Process industry segment has dominated the global Programmable Logic Controls (PLC) market, and is expected to continue the same during the projected period.
On the basis of application, the Programmable Logic Controls (PLC) market is segmented into Automotive, Paper & Pulp, Water & Waste Water Treatment, Chemical & Petrochemical, Food & Beverages, Energy & Utilities, Oil & Gas, Pharmaceutical, and others.
On the basis of geographical regions, the Programmable Logic Controls (PLC) market is segmented into seven different regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific region, Japan, and Middle East and Africa. MEA has dominated the Programmable Logic Controls (PLC) market and is expected to continue to manage its position in the forecast period as well. European region is highly dependent on automotive industry and is predicted to make heavy investments, which will boost the market for Programmable Logic Controllers and create various growth opportunities for wholesalers in the region.
Key Market Players:
Some of the key players in the global Process Control PLC Market are Rockwell Automation, OMRON, Panasonic, Toshiba, Mitsubishi Electric, Delta Electronics, Siemens, Schneider Electric, Honeywell, ABB, Beckhoff Automation, Hitachi, Electronics and Yokogawa, KEYENCEK, Fuji Electric, IDEC, Bosch Rexroth, Eaton, and GE.
In 2016, Honeywell launched Control Edge Programmable Logic Controller with unprecedented connectivity through all levels of process and business operation.
Vendors in this market are increasingly experiencing accomplishments due to various factors, such as high investments in research and developmental activities, technology-based solutions, and the ability to provide customized Programmable Logic Controls (PLC).
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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The Programmable Logic Controller (PLC) market research serves a platter of the following information:
- Extensive analysis of the drivers, restraints, opportunities and trends influencing the growth of the global Programmable Logic Controller (PLC) market.
- In-depth understanding of the Programmable Logic Controller (PLC) market as per product type, and end use.
- Exhaustive investigation of the strengths, weaknesses, opportunities and threats of various Programmable Logic Controller (PLC) market players.
- Precise year-on-year growth of the global Programmable Logic Controller (PLC) market in terms of value and volume.
- Regional analysis further broken down into countries for minute details.
The Programmable Logic Controller (PLC) market research answers important questions, including the following:
- What was the number of units of the Programmable Logic Controller (PLC) sold in 2018?
- Which Application is expected to lead the Programmable Logic Controller (PLC) market in forecast period?
- How are the vendors overcoming the challenges associated with the use of Programmable Logic Controller (PLC) ?
- What R&D projects are the Programmable Logic Controller (PLC) players implementing?
- Which product type will lead the global Programmable Logic Controller (PLC) market by 2029?
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This post was originally published on Space Market Research