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Data Bridge Market Research’s latest report, “Programmable Logical Controllers Automation Market” provides a thorough analysis of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape, offering valuable insights for industry professionals. Programmable Logical Controllers Automation is the finest market research report, which is the result of a proficient team and their potential capabilities. In this market research report, data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this report is analyzed and forecasted using market statistical and coherent models. This wide-ranging market analysis report puts light on many aspects related to Programmable Logical Controllers Automation industry and market. Market definition, market segmentation, competitive analysis, and research methodology are the major topics covered in the Winning Programmable Logical Controllers Automation business report.
Data Bridge Market Research analyses that the global programmable logical controllers automation market is expected to reach a value of USD 20,500.22 Million by 2030, at a CAGR of 5.7% during the forecast period. The global programmable logical controllers automation market report also comprehensively covers pricing analysis, patent analysis, and technological advancements.
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Global Programmable Logical Controllers Automation Market Drivers
- Growing importance of industrial automation
There is continuously increasing industrial automation in various sectors. Automation also includes programmable automation, flexible automation, and soft automation. Programmable automation saves multiple times for a manufacturer and gives them huge productivity, which is a demanding factor for the growth of the Global programmable logical controller automation market. In January 2022, World Economic Forum (WEF) released a report regarding industrial automation. In this report, they have mentioned that the fourth industrial revolution is changing manufacturing processes with the utilization of automated control systems.
- High Security Offered by PLC
There is high security provided by PLCs which makes them a sustainable option for current and future automation operations. UpKeep Technologies, Inc. released a post on its website regarding the security of PLCs. In this post, they mentioned that most of the PLC systems have advanced safety and security controls to defend the data within. In addition, companies are able to acquire sensitive information more securely than on more conventional, broader systems.
Noteworthy Players Operating at Regional and Global Levels:
- PANASONIC CORPORATION
- OMRON Corporation
- Schneider Electric
- Mitsubishi Electric Corporation
- ABB
- Rockwell Automation, Inc.
- Siemens
- Emerson Electric Co.
- Honeywell International Inc.
- Beckhoff Automation
- Delta Electronics, Inc.
- Bosch Rexroth AG
- Hitachi, Ltd.
- Eaton
- JTEKT ELECTRONICS CORPORATION
- KEYENCE CORPORATION
- WAGO
- LS ELECTRIC Co., Ltd.
- Yokogawa Electric Corporation
- IDEC Corporation
- Fuji Electric Co., Ltd.
- FATEK AUTOMATION CORP
Recent Developments
- In January 2023, Panasonic Holding Corporation established a partnership with ATCO Australia in the latest renewable energy initiative. This partnership will help the company enhance its finances and positively impact the growth of the global programmable logical controller automation market
- In October 2022, Honeywell International Inc. and Hyundai Motor Group announced an advanced air mobility avionics collaboration. This development has helped the company expand its financials and positively impacted the growth of the global programmable logical controller automation market
Global Programmable Logical Controllers Automation Market Segmentation:
By Type
- Modular PLC
- Compact PLC
- Rack PLC
By Offering
- Hardware
- Services
By Enterprise Size
- Large Scale Enterprises
- Medium Scale Enterprises
- Small Scale Enterprises
By Vertical
- Oil & Gas
- Automotive
- Chemical & Petrochemicals
- Food & Beverages
- Energy & Utilities
- Pulp & Paper
- Others
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