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The Asia-pacific Programmable Logic Controller Market is poised to grow by USD 1.19 billion, at a CAGR of 4.83% during 2023-2028. There is a growing need for compact automation solutions across various industries, driven by increasing demands in renewable power generation and smart factories. PLCs (Programmable Logic Controllers) play a pivotal role in meeting these requirements. In renewable power generation, PLCs facilitate efficient control and monitoring of complex processes, ensuring optimal performance and reliability of renewable energy systems. Similarly, in smart factories, PLCs enable seamless integration of diverse manufacturing processes, enhancing productivity and responsiveness. The demand for PLCs stems from their ability to provide robust automation solutions that are adaptable to different operational environments, contributing to overall efficiency and cost-effectiveness. As industries continue to advance towards more streamlined and interconnected systems, PLCs remain essential components in enabling agile and intelligent automation solutions that meet the evolving needs of modern industrial applications.
Market Forecast 2024-2028
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The process industry segment is estimated to witness significant growth during the forecast period. There is a significant growth of the process industry in the Asia Pacific - programmable logic controller (PLC) market when compared with the other segments, including discrete industry and building automation. Factors such as the increasing use of PLC in industries such as oil and gas, chemical and petrochemical, power, water and wastewater treatment, and food and beverage are fuelling the growth of this segment.
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The process industry segment was the largest segment and was valued at USD 1.39 billion in 2018. Moreover, in the oil and gas industry, PLCs are used in upstream oil and gas activities such as drilling, mooring, and positioning, and in platforms as well as in the midstream sector for monitoring spillage and leaks during oil or gas transportation. In addition, with a modular design, PLCs are configured in various ways, which offers oil and gas operators the ability to monitor and control different field instruments. Hence, the recovery of oil prices will lead to a number of upstream projects which will fuel the growth of this segment which in turn will drive the market growth during the forecast period.
Based on the product, the segment is classified into modular, unitary, and rackmount. Modular PLCs include distinct modules that can be coupled together to build a customized controller. In addition, this segment also offers the flexibility to add more than one system, which makes the module multi-functional. Moreover, modular PLCs can be arranged in cabinets or be rail mounted for safety and security. Furthermore, these are larger in size and more expensive compared with unitary PLCs. In addition, modular PLCs have more memory and capabilities to store more data. Therefore, oil and gas and mining, where processes are highly complex, are the major end-users of modular PLCs. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.
In today's advanced manufacturing landscape, Programmable Logic Controllers (PLCs) serve as the cornerstone of automation, seamlessly integrating with computing systems and facilitating multi functionality across various industrial applications. These versatile controllers leverage internet-connected sensors and IoT technology to enable real-time monitoring and control, empowering technician to optimize operations and address errors or flaws efficiently. With features like high-voltage operation capability and compact sizes, PLCs are well-suited for diverse industrial environments, powering automated machines and robotics with precision. Leveraging AI and vision systems, PLCs enhance industrial control systems, ensuring seamless integration with Big Data analytics, IoT (Internet of Things), and Connected Industries initiatives. PLCs also cater to enterprises of all sizes, offering flexible solutions with input/output modules, power supplies, and redundancy software. With their advanced programming tools and support for Distributed Control Systems, PLCs enable sophisticated motion control and simulation, driving efficiency and innovation in modern manufacturing processes. Technicians utilize computing systems, internet-connected sensors, AI, high-voltage operating devices, and Programmable Logic Controllers to optimize operations across enterprise size of varying sizes.
The main use of PLC is to monitor and control the operation of wind turbines. In addition, it controls different functions of the nacelle, from blade angle to hydraulics. Furthermore, various sensors are located in wind turbines for detecting wind speed, wind direction, and shaft rotation speed, which collect and transfer data to the PLC. Technicians utilize computing system, internet connected sensors, AI (artificial Intelligence), high voltage operating devices, and Programmable Logic Controllers to optimize operations across enterprises of varying sizes.
Further, by utilizing this data, the main control system or the controller of the wind turbine controls the turbine to optimize blades in order to generate maximum power. In addition, due to their structure, wind turbines are installed in wide areas and operate in harsh environments, especially offshore wind turbines. Therefore, there is an increase in demand for PLC for optimum power generation and low maintenance which will drive the market growth during the forecast period.
Micro PLCs are increasingly becoming an indispensable solution for controlling standalone machinery in the process and discrete industries. In addition, benefits including programming flexibility, ease of use, communication capability within a compact structure, and low price compared with traditional PLCs are increasing the adoption of micro PLCs in APAC. Furthermore, recent advances in product design and features have increased their capabilities and applications in the industrial end-user segments.
Moreover, the initial versions of micro PLCs were specifically designed as a cost-efficient solution for controlling small machinery with basic serial communication. In addition, a few players are providing additional features, including analog and temperature I/O expansion modules, to already launched products to increase their effectiveness. As a result, this is helping micro PLCs expand their capability for machine and process control applications. Therefore, it is positively impacting the APAC - PLC market. Hence, such factors are driving the market growth during the forecast period.
There has been a shift from rackmount PLCs to more generic PC-based platforms due to the growing demand for automation. In addition, a PC-based control system offers integration of PLC control, motion control, and SCADA on a single high-performance controller platform. As a result, this has led to a greater demand for industrial PC-based control systems.
Moreover, DCS is another control system that offers distinct advantages over distributed systems that are not available in either PLCs or industrial PCs. In addition, market players are also focusing on improving the application areas of DCS. Therefore, the developments in industrial PCs and DCS are negatively impacting the APAC - PLC market. Therefore, it is expected to hinder the market growth during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd: The company offers programmable logic controllers such as AC500 eCo, AC500, AC500 XC and AC500 S.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
Beckhoff Automation GmbH and Co. KG, Eaton Corp. Plc, Emerson Electric Co., Ependion AB, Festo SE and Co. KG, Fuji Electric Co. Ltd., IDEC Corp., Infineon Technologies AG, Keyence Corp., Lenze SE, Mitsubishi Electric Corp., OMRON Corp., Panasonic Holdings Corp., Parker Hannifin Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Toshiba Corp.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments
In the rapidly evolving landscape of industrial automation, the market in the region is witnessing remarkable growth and innovation. With the advent of computing systems and automated machines, traditional systems are being phased out in favor of PLCs, offering compact sizes and multifunctionality. The integration of Internet-connected sensors and IoT technologies has revolutionized industrial control systems, enabling connected industries and facilitating Big Data analytics for optimized operations. Despite challenges such as high voltage operating devices and extreme environmental conditions, PLCs are increasingly adopted across discrete sectors and small businesses, driving simplicity of control and enhancing efficiency. In the wake of the coronavirus outbreak, PLCs have played a pivotal role in adapting to work-from-home protocols and shelter-in-place orders, while also addressing cybersecurity concerns. As key enablers in the automotive sector and smart mobility solutions, PLCs are poised to revolutionize automation stages and streamline processes in the evolving EV finance industry.
Additionally, in the dynamic landscape of industrial automation, Programmable Logic Controllers (PLCs) serve as the backbone of modern manufacturing processes, addressing various challenges and leveraging emerging technologies. PLCs integrate seamlessly with computing systems, offering multi-functionality and flexibility to adapt to diverse applications. By incorporating internet-connected sensors and IoT capabilities, PLCs enable real-time monitoring and control, optimizing operations and enhancing efficiency. Advanced features such as vision systems and gripper technology empower robots to perform intricate tasks with precision, while Nano PLCs cater to space-constrained environments with their compact size and high performance. Despite facing challenges such as high voltages, extreme temperatures, and cyber incidents, PLCs continue to revolutionize industries like automobile manufacturing, ensuring smooth operations across the supply chain. With continuous advancements in software, simulation, and redundancy capabilities, PLCs drive innovation in factory automation and distributed control systems, catering to enterprises of all sizes.
Further, in the realm of industrial automation, Programmable Logic Controllers (PLCs) play a pivotal role in ensuring seamless operations and addressing various challenges faced by modern manufacturing environments. These challenges include errors or flaws in processes, environmental factors such as humidity, vibration, and electrical noise, and the need to adapt to new work protocols such as remote work and shelter-in-place orders. PLCs offer multi-functionality and can integrate with a wide range of devices, including relays, switch boxes, I/O modules, field devices, and actuators. With the advent of the Internet of Things (IoT) and the proliferation of internet-connected sensors, PLCs enable real-time monitoring and control, enhancing efficiency and productivity while minimizing machine downtime. Moreover, PLCs cater to different enterprise sizes and industries, including the automobile manufacturing sector, where they drive robotics and automation, ensuring smooth production processes. Advanced features like IoT Gateway, redundancy software, and sophisticated programming tools further augment the capabilities of PLCs, making them indispensable tools in today's computing systems-driven industrial landscape.
Market Scope |
|
Report Coverage |
Details |
Page number |
165 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.83% |
Market Growth 2024-2028 |
USD 1.19 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
3.92 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABB Ltd., Beckhoff Automation GmbH and Co. KG, Eaton Corp. Plc, Emerson Electric Co., Ependion AB, Festo SE and Co. KG, Fuji Electric Co. Ltd., IDEC Corp., Infineon Technologies AG, Keyence Corp., Lenze SE, Mitsubishi Electric Corp., OMRON Corp., Panasonic Holdings Corp., Parker Hannifin Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Toshiba Corp. |
Market dynamics |
Parent market analysis, market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the market forecast period. |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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