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Programmable Logic Controller Market: Information by Type (Hardware and Software, and Services), End-User Industry (Energy and Utilities, Pulp and Paper), and Region — Forecast till 2030

Market Snapshot
Study Period:
2020-2030
Base Year:
2021
Fastest Growing Market:
Europe
Largest Market:
Asia Pacific
CAGR:
5 %
Key Players
ABB Ltd

Mitsubishi Electric Corporation

Schneider Electric SE

Rockwell Automation

Siemens AG

The global programmable logic controller market is projected to reach USD 18 billion by 2030, from USD 12 billion in 2021, and is anticipated to register a CAGR of 5% during 2022–2030. A programmable logic controller (PLC) is a small computer that can accept data and deliver operational instructions through its inputs and outputs. A PLC's job is to govern the functioning of a system using the underlying logic that has been programmed into it. PLCs are used by businesses worldwide to automate their most crucial procedures.

A PLC receives data from automated data capture points and human input points like switches and buttons. The PLC then selects whether or not to adjust the output based on its programming. The outputs of a PLC can control a wide range of devices, including motors, solenoid valves, lighting, switchgear, safety shut-offs, and more.

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Which Market Dynamics May Impede Programmable Logic Controller Market Growth?

Driver: Ease of Use of PLC to Drive Growth for Global Programmable Logic Controller Market

PLCs are used to control manufacturing operations, including assembly lines and robotic equipment, as well as any activity that requires high-reliability control, programming convenience, and process fault identification.

PLC is used as more than a special-purpose digital computer in numerous sectors and in other control-system domains due to its sturdy construction and functional qualities such as sequential control, ease of programming, reliable controlling capabilities, and ease of hardware usage.

Some industrial plants use automation extensively and can handle a wide range of controllers and equipment, whilst others are unfamiliar with modern technologies.

PLCs are also the dominant automation tool for various industries and applications. They provide dependable, precise, and customizable control while being simple to operate due to their extensive use and familiarity.

In addition, unlike other control units, PLC has a feature that can verify the state of facilities and programs to see if there are any faults or errors and if repairs can be made promptly. On the system, input and output signs are rapidly and easily recognized.

Furthermore, PLCs may operate in harsh industrial environments. They usually function in the presence of voltage variations, temperature, humidity, and background noise.

The ladder logic or other conventional PLC programming languages are well-known among automation technicians and maintenance people who regularly work on PLCs.

Restraint: Demand for Customization of Products to Plummet Demand for Programmable Logic Controller 

Due to modern consumers' demand for personalized products, industries have been moving away from bulk production and toward mass customization.

PLCs are widely used in sectors with consistent processes. However, as end-user demand for product customization grows, manufacturing processes have become more sophisticated and complex, necessitating frequent adjustments. As a result, end-users are increasingly adopting and investing in more flexible systems, such as PC-based and cloud-based controllers, rather than PLCs.

The shift from batch to continuous processing is another critical development in discrete production, particularly in the pharmaceutical industry. With many product variations caused by a mass customization manufacturing process, effective software testing in all supply chain sections is required to help ease this production paradigm shift. This has necessitated increased scalability and the flexibility to change program coding in real-time.

The pharmaceutical industry has been more interested in continuous manufacturing in recent years. The cost savings, regulatory encouragement, and the potential for enhanced final product quality are the primary motivators for adopting continuous production.

Regulatory agencies, particularly the Food and Drug Administration (FDA) in the United States, have acknowledged that continuous processing has the potential to improve product quality and are urging the industry to change its positions. Furthermore, the FDA predicts that some medications that take three to four weeks to manufacture in a batch approach can be made every day using continuous processing.

Products are getting extremely complicated, individualized, and sophisticated due to innovation. The production of parts for automotive and industrial applications is being revolutionized by advanced technology.

What Are Future Growth Opportunities in Global Programmable Logic Controller Market?

  • Growing Adoption of Automation Systems to Create Lucrative Opportunities in the Programmable Logic Controller Market

One of the primary factors driving the PLC market growth is industrial automation. Automation is described as automated processing systems that maximize resource use, reduce human intervention, and boost efficiency.

Industries have finally grasped the reliability and long-term profits that automated systems can provide. PLC systems can automate conveyor systems and packing systems, among other things.

Manufacturing process automation can provide several advantages, including easy monitoring, waste reduction, and increased production speed. Customers benefit from enhanced quality, uniformity, and trustworthy products delivered on time and at a cheaper cost.

Additionally, automation helps the sector save money on additional labor expenditures. It also helps to improve manufacturing scale because these systems can function around the clock. These systems are more efficient and dependable, and they make the best use of available resources. PLC-based automation systems also aid in the reduction of industrial pollutants. According to estimates, automation might reduce CO2 emissions by roughly 34 million metric tons each year.

The mix of digital and physical parts of manufacturing has revolutionized the automation business, resulting in maximum performance. Furthermore, the industry's growth has been boosted by focusing on zero waste production and shorter time to market.

The use of automated technologies can also help to cut energy use. Energy costs are predicted to drop by 70% because of automation. According to studies, automation has been shown to save 20-25% of overall energy. To boost production capacities and efficiency, businesses are increasingly resorting to automated technologies.

PLC systems are used in automated systems to monitor and control the systems. The PLC controls the automated machine as the principal computing system.

 

Segmental Analysis of the Global Programmable Logic Controller Market

By type, the market is segmented into hardware and software, and services. The hardware and software type accounted for the largest shareholder in the programmable logic controller market and is anticipated to grow at a CAGR of 4%, generating revenue of USD 14 billion by 2030.

Which End-User Industry of Programmable Logic Controller is Most Prominent in the Market?

Based on end-user industry, the global programmable logic controller market is divided into food, tobacco, and beverage, automotive, chemical and petrochemical, energy and utilities, pulp and paper, oil and gas, water and wastewater treatment, pharmaceutical, and other end-user industries. Food, tobacco, and beverage led the programmable logic controller market and are projected to grow at a CAGR of 6%, generating a revenue of USD 4 billion by 2030. 

The industry is also having difficulty hiring high-level employees, which is unusual for the food industry. These developments are prompting the food and beverage industry to adopt automation.

Knowing the specific source of the raw material is critical when deciding whether or not to recall products, especially food products. Robots, machine vision systems, and different technologies, including supervisory control and data acquisition (SCADA) and programmable logic controllers (PLC), are being used to address these difficulties.

PLCs are critical components of every manufacturing line, and as the fourth industrial revolution progresses, more internet-connected sensors and systems are interacting with PLCs. It is necessary to track all chemicals in a mixture and monitor critical occurrences, such as a defective boiler, in a food and beverage manufacturing facility that creates chocolate ingredients or baking.

Regional Analysis of the Global Programmable Logic Controller Market

Based on region, the global programmable logic controller market share is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Is Asia-Pacific and Europe Likely to Dominate the Global Programmable Logic Controller Market?

Programmable Logic Controller Market Regional Analysis

Regional Growth Insights Request Sample Pages

The Asia-Pacific region dominated the global programmable logic controller market, with revenue forecasted to grow at a CAGR of 6% to USD 7 billion by 2030.

The manufacturing sector is an essential portion of China's economy. It is undergoing rapid transformation due to the recent expansion in IIoT due to the global adoption of Industry 4.0 across industrial industries. This massive shift has propelled the country to the forefront of the global PLC market.

China has recently announced several industrial policies as part of its advanced manufacturing push. The guidelines support the country's objective of becoming a high-tech superpower during the next quarter-century.

India's pharmaceutical business is a step ahead in automation, with major corporations like Zydus Cadila, Torrent Pharma, and Cipla concentrating on automating their medication production processes, particularly in areas where total integration of machines and equipment is required.

The Europe region accounts for the second-largest share of the global programmable logic controller market, at a CAGR of 5%, expected to generate USD 5 billion in sales by 2030.

Germany is a significant player in the creation and consumption of renewable energy worldwide. According to BDEW, the country's gross renewable energy generation in 2019 was 225.9 terawatt-hours, with wind power accounting for most of that. PLCs are useful in wind turbines because they improve performance and save maintenance costs by allowing for better sensor measurements.

Apart from manufacturing, numerous countries in the rest of Europe region are lowering their reliance on fossil fuels and boosting their efforts to adopt renewable alternatives. Sweden is an example of a low-carbon economy and has established a goal of obtaining 100% of its electricity from renewable sources by 2040. To help the world fulfil critical climate targets, the country has a highly decarbonized power grid.

 

Market Key Companies

List of Top Programmable Logic Controller Market Manufacturers

  • ABB Ltd
  • Mitsubishi Electric Corporation
  • Schneider Electric SE
  • Rockwell Automation
  • Siemens AG
  • Honeywell International Inc
  • Omron Corporation
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Emerson Electric Co
  • Hitachi Ltd

 

Recent Developments by the Key Players in the Market

  • May 2022- In the March quarter, ABB's net profit more than quadrupled to Rs 373 crore, up from Rs 141 crore the previous year. Its revenue from product and service sales increased by 21% to Rs 1,954 crore from Rs 1,618 crore the previous year. According to ABB, the profit was primarily driven by increasing volumes, a better product mix, and higher service content.
  • May 2022- Mitsubishi Electric Corporation announced that its ME Innovation Fund has invested in QunaSys, Inc., a leading Japanese startup that has brought together a diverse group of research scientists to develop innovative algorithms that maximize the potential of quantum computing, including through applications that do not require special knowledge. The management of the QPARC industry consortium, which helps partners learn about quantum computers, is one of QunaSys' active contributions to quantum-computing research and development.
  • May 2022- According to people familiar with the situation, Amphenol Corp. is one of the companies bidding for control of Schneider Electric SE's industrial automation and control unit, which might be worth $1 billion.
  • May 2022- Rockwell Automation, a business focused on industrial automation and digital transformation, has introduced a new line of industrial monitors that can assist machine builders to differentiate their machines and meet a variety of application needs. The new Allen-Bradley ASEM 6300M industrial monitors, which are part of the VersaView 6300 product family, come in a variety of design options. These options provide machine builders a lot of flexibility when it comes to customizing monitors for cost, performance, and aesthetics.

 

Global Programmable Logic Controller: Segmentation

By Type

  • Hardware and Software
  • Services

By End-user Industry

  • 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

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
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