Programmable Logic Controller Market Scope And Analysis

Report Code : TIPRE00003242
Category : Electronics and Semiconductor

No. of Pages : 150

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Programmable logic controller Market Analysis, Trends, and Scope 2021 to 2022

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Programmable logic controller Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 11,52 Billion
Market Size by 2030	US$ 22.12 Billion
Global CAGR (2022 - 2030)	8.5%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Type Fixed Modular PLC By Offering Hardware Based PLC and Software Based PLC By End User Food and Beverages Automotive Energy and Power Oil and Gas Pharmaceutical Building Automation
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Siemens Rockwell Automation Mitsubishi Electric Corporation OMRON Corporation Schneider Electric ABB Eaton Honeywell International Inc Emerson Electric Co

Programmable logic controller Market Key Player Analysis:

The programmable logic controller market analysis comprises the profiling of companies such as Siemens; Rockwell Automation; Mitsubishi Electric Corporation; OMRON Corporation; Schneider Electric; ABB; Eaton; Honeywell International Inc.; Emerson Electric Co.; and Hitachi, Ltd.

Recent Developments in Programmable logic controller Market:

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the market. A few of the recent key developments are listed below.

In April 2023, Siemens debuted a complete virtual PLC at Hannover Messe 2023. The Simatic S7-1500V increases the existing Simatic offering while meeting specific market demands, such as virtual PLC computing.
In September 2019, Siemens announced the release of a module that will incorporate AI capabilities into the company's Simatic S7-1500 controller and ET 200MP I/O system. Siemens introduced the offering in the United States this year at PACK EXPO Las Vegas, laying the groundwork for a future portfolio that will enable AI across all levels of Siemens' Totally Integrated Automation (TIA) architecture, which is a combination of hardware and software that seamlessly links everything together.