The market is driven by increasing demand for compact automation solutions, rising demand for micro PLCs in APAC, and growing investment in smart factories
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The micro programmable logic controller (PLC) market is poised to grow by $2.46 billion during 2022-2026, accelerating at a CAGR of 7.31% during the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
This report on the micro programmable logic controller (PLC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by increasing demand for compact automation solutions, rising demand for micro PLCs in APAC, and growing investment in smart factories.
The micro programmable logic controller (PLC) market analysis includes end-user and product segments and geographic landscape.
The micro programmable logic controller (PLC) market is segmented as below:
By End-user
- Automotive industry
- Oil and gas industry
- Power industry
- Food and beverage industry
- Others
By Product
- Hardware
- Software
- Services
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. This report covers the following areas:
- Micro programmable logic controller (PLC) market sizing
- Micro programmable logic controller (PLC) market forecast
- Micro programmable logic controller (PLC) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global micro programmable logic controller (PLC) market: ABB Ltd., Advantech Co. Ltd., Beckhoff Automation GmbH and Co. KG, Beijer Electronics Group AB, Eaton Corp. Plc, Festo SE and Co. KG, Fuji Electric Co. Ltd., Hitachi Ltd., Honeywell International Inc., IDEC Corp., Koyo Electronics Industries Co. Ltd., Lenze SE, Mitsubishi Electric Corp., Moxa Inc., OMRON Corp., Opto 22, Parker Hannifin Corp., Pilz GmbH and Co. KG, Robert Bosch Stiftung GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., WAGO GmbH and Co. KG, and Yaskawa Electric Corp.Commenting on the report, an analyst said: ''The latest trend gaining momentum in the market is expanding the capabilities of micro PLCs.''
According to the report, one of the major drivers for this market is the increasing demand for compact automation solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Advantech Co. Ltd.
- Beckhoff Automation GmbH and Co. KG
- Beijer Electronics Group AB
- Eaton Corp. PLC
- Festo SE and Co. KG
- Fuji Electric Co. Ltd.
- Hitachi Ltd.
- Honeywell International Inc.
- IDEC Corp.
- Koyo Electronics Industries Co. Ltd.
- Lenze SE
- Mitsubishi Electric Corp.
- Moxa Inc.
- OMRON Corp.
- Opto 22
- Parker Hannifin Corp.
- Pilz GmbH and Co. KG
- Robert Bosch Stiftung GmbH
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Toshiba Corp.
- WAGO GmbH and Co. KG
- Yaskawa Electric Corp.
