Programmable Logic Controller Automation (PLC Automation) Market Share Evolution and Market Growth Trends 2024 - 2031

Market Overview and Report Coverage

Programmable Logic Controller Automation (PLC Automation) is the use of computer technology to automate processes typically found in manufacturing industries. PLCs are programmed to control machinery and equipment, making the manufacturing process more efficient and reliable. The future outlook for PLC Automation is promising, with a projected CAGR of % during the forecasted period. This growth is driven by the increasing demand for automation in industries such as automotive, food and beverage, and pharmaceuticals.

The current market for PLC Automation is seeing steady growth, as companies across various sectors continue to invest in automation technologies to improve productivity and reduce operational costs. The market forecast for PLC Automation remains positive, with increasing adoption of Industry 4.0 technologies and the Internet of Things (IoT) driving further growth in the sector. The latest market trends in PLC Automation include advancements in data analytics, cloud-based solutions, and cyber security measures to enhance operational efficiency and safety in industrial processes. Overall, the outlook for the PLC Automation market is bright, with opportunities for growth and innovation in the coming years.

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Market Segmentation

The Programmable Logic Controller Automation (PLC Automation) Market Analysis by types is segmented into:

• Programmable Logic Controllers PLCs
• Automation Builder
• IoT Software
• Control Panels
• Legacy Products

Programmable Logic Controller Automation (PLC Automation) market consists of various types such as Programmable Logic Controllers (PLCs), Automation Builder, IoT Software, Control Panels, and Legacy Products. PLCs are widely used for automation in industries, while Automation Builder software helps in programming and configuring PLC systems. IoT software enables remote monitoring and control of PLCs and other devices. Control Panels provide the interface for operators to interact with PLC systems. Legacy Products cater to older systems that may still require automation solutions.

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The Programmable Logic Controller Automation (PLC Automation) Market Industry Research by Application is segmented into:

• Steel Industry
• Petrochemical and Natural Gas Industry
• Power Industry
• Automobile Industry
• Others

In the steel industry, PLC automation is used for monitoring and controlling various processes such as temperature regulation and material handling. In the petrochemical and natural gas industry, PLC automation is employed for managing complex processes like refining and distribution. In the power industry, PLC automation ensures efficient and reliable operations of power plants and grids. In the automobile industry, PLC automation is utilized for enhancing production efficiency and quality control. PLC automation is also widely applied in various other industries for process optimization and automation.

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In terms of Region, the Programmable Logic Controller Automation (PLC Automation) Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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What are the Emerging Trends in the Global Programmable Logic Controller Automation (PLC Automation) market?

The global PLC automation market is witnessing rapid advancements and innovations driven by Industry and the adoption of digital technologies. Emerging trends include the integration of IoT and AI capabilities into PLC systems, enabling real-time data analytics and predictive maintenance. Industry players are also focusing on enhancing cybersecurity measures to protect connected devices from cyber threats. Additionally, there is a growing demand for compact and energy-efficient PLCs, as well as a shift towards cloud-based PLC automation solutions for remote monitoring and control. Overall, the market is expected to continue evolving towards smarter, more efficient, and interconnected automation systems.

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Major Market Players

Programmable Logic Controller (PLC) Automation Market players such as Siemens, ABB, Rockwell Automation, and Schneider Electric are key players in the industry. Siemens has a significant market share due to its wide range of product offerings and strong presence in various industries such as manufacturing, automotive, and energy. ABB is known for its advanced technology solutions and global reach, with a focus on industrial automation and robotics.

Rockwell Automation is a leading player in the North American market, known for its innovative solutions and strong customer base in the industrial automation sector. Schneider Electric has a diverse product portfolio and a strong presence in the European market, offering solutions for energy management, industrial automation, and smart buildings.

The global PLC Automation market is expected to grow significantly due to increasing automation in various industries such as automotive, manufacturing, and oil & gas. The market is driven by factors such as the need for improved efficiency, reduced downtime, and increased productivity. The integration of IoT and AI technologies in PLC systems is also expected to drive market growth.

According to recent reports, Siemens generated sales revenue of around €57 billion in 2020, while ABB reported sales revenue of approximately $27 billion. Rockwell Automation and Schneider Electric reported sales revenue of $ billion and €25 billion respectively.

In terms of market trends, the PLC Automation market is witnessing increased demand for cloud-based solutions, remote monitoring capabilities, and cybersecurity measures. Companies are focusing on developing advanced PLC systems with enhanced connectivity, scalability, and flexibility to meet the evolving needs of industries. Overall, the PLC Automation market is poised for significant growth in the coming years, with key players continuing to invest in research and development to stay ahead of the competition.

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