Micro Programmable Logic Controller (PLC) Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Micro Programmable Logic Controller Market Size 2024-2028

The micro programmable logic controller (PLC) market size is forecast to increase by USD 2.37 billion, at a CAGR of 7.08% between 2023 and 2028.

• The market is experiencing significant growth due to the increasing demand for compact automation solutions. Micro PLCs offer expanded capabilities, making them an attractive option for industries seeking efficient and cost-effective automation. Micro PLCs integrate seamlessly with emerging technologies like artificial intelligence and the Internet of Things, enhancing industrial automation capabilities. However, this growth is not without challenges. Cybersecurity concerns are becoming increasingly prominent as the integration of digital technologies in manufacturing processes continues to expand. As such, ensuring the security of micro PLC systems is a critical priority for market participants. This market trends and analysis report delves into these factors and more, providing valuable insights for stakeholders in the market.

What will be the Size of the Micro Programmable Logic Controller (PLC) Market During the Forecast Period?

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• The market encompasses advanced automation solutions designed for industrial purposes, including nano and fixed variants. These controllers, smaller than traditional PLCs, cater to various sectors such as automotives, technology, steel, power, and the energy industry. The hardware segment, a significant contributor to the market's growth, benefits from miniaturization trends, enabling compact installations and reduced energy consumption. The human-machine interface (HMI) also plays a crucial role, offering intuitive control and monitoring solutions. The micro PLC market is poised for continued expansion, driven by increasing automation demands across diverse industries.

How is this Micro Programmable Logic Controller (PLC) Industry segmented and which is the largest segment?

The micro programmable logic controller (PLC) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• End-user
  • Automotive industry
  • Oil and gas industry
  • Power industry
  • Food and beverage industry
  • Others
• Product
  • Hardware
  • Software
  • Services
• Geography
  • APAC
    • China
    • Japan
  • North America
    • US
  • Europe
    • Germany
    • UK
  • South America
  • Middle East and Africa

By End-user Insights

• The automotive industry segment is estimated to witness significant growth during the forecast period.

The market caters to various industries, with the automotive sector being a significant contributor due to the need for controlling intricate manufacturing processes. Micro PLCs facilitate seamless communication between different manufacturing stages, including design, analysis, inventory management, and distribution. In the automotive industry, these controllers ensure precise control over manufacturing processes for optimal parameter performance and device functionality. The shift towards smart factories in the automotive manufacturing sector is driving the demand for Micro PLCs. Additionally, industries such as steel, power, oil and gas, food and beverages, power and energy, and robotics also rely on Micro PLCs for industrial automation, motion control, and input device integration.

Programming tools, simulation software, redundancy software, and human-machine interface (HMI) solutions further enhance the functionality of these controllers. As technology advances, the integration of artificial intelligence, Internet of Things (IoT), edge computing, energy-efficient solutions, home automation, and building automation in Micro PLCs is expected to expand their application scope.

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The automotive industry segment was valued at USD 1.05 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

• APAC is estimated to contribute 38% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in Asia Pacific (APAC) is poised for substantial expansion over the forecast period. Key contributors to this growth include China, Japan, India, Vietnam, South Korea, Malaysia, and Australia. China, Japan, South Korea, and India are the leading markets for micro PLCs in APAC, fueled by strong industrialization, increasing demand for medium and low voltage motors, and expanding investments in power, water and wastewater treatment, and food and beverage industries. Government initiatives, rising standards of living, a solid industrial foundation, and escalating automobile production in the region are primary catalysts for the expansion of micro PLCs in the automotive sector in APAC.

Industries such as power, steel, and automotive are major consumers of micro PLCs, with applications including motion control, programmable logic controllers, programming tools, simulation, redundancy software, robotics, input devices, assembly lines, industrial robots, and various industrial processes. The integration of artificial intelligence, the Internet of Things (IoT), and edge computing in industrial automation is further driving the demand for micro PLCs. The hardware, services, and software segments of the micro PLC market are expected to experience significant growth in the coming years.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of Micro Programmable Logic Controller (PLC) Industry?

Increasing demand for compact automation solutions is the key driver of the market.

• Micro Programmable Logic Controllers (PLCs), including Micro, Nano, Fixed, Modular types, play a pivotal role in industrial automation. In sectors like Oil and Gas, Power, Automotives, Steel, Food and beverages, and Power and energy, PLCs are indispensable for managing complex industrial processes. Programming tools, simulation, motion control, redundancy software, robotics, input devices, and assembly lines are integral components of these advanced systems. The Technology sector's evolution, with advancements in Artificial Intelligence, Internet of Things (IoT), and Edge computing, has led to the development of energy-efficient solutions and IIoT-connected devices. This transformation brings challenges for manufacturers and system integrators, such as cost reduction and ensuring the benefits of factory automation.
• PLCs are employed at the control level in industrial automation processes, alongside field and operator levels. They facilitate real-time communication, reliability, and efficiency, enabling smart maintenance, distributed intelligence systems, and predictive analytics. In the context of IIoT, PLCs are essential for managing and integrating data from various IoT-connected devices. Miniaturization, offering hardware, services, and software solutions, is a significant trend in the PLC market. Applications include lighting systems, HVAC systems, security systems, engine control, transmission control, fuel injection, and more. As industrial automation continues to evolve, PLCs will remain a crucial component, driving innovation and efficiency in various industries.

What are the market trends shaping the Micro Programmable Logic Controller (PLC) Industry?

Expanding capabilities of micro PLCs is the upcoming market trend.

• Micro Programmable Logic Controllers (PLCs), including Nano and Modular variants, are gaining significant traction in the process and discrete industries due to their flexibility, ease of use, and cost-effectiveness compared to Fixed PLCs. Initially designed for controlling small machinery with basic serial communication, micro PLCs have evolved with advanced features and capabilities. They now support high-speed communication for controlling large machines and offer larger program memory to accommodate complex industrial processes. Micro PLCs are increasingly adopted in various sectors, such as Oil and Gas, Power, and the Technology sector, including Automotive, Robotics, and Industrial Automation. In the Automotive sector, they are used for engine and transmission control, fuel injection, and other critical functions.
• In the Energy sector, micro PLCs are employed for power generation, distribution, and management. The Food and Beverages, Steel, and Power industries also leverage micro PLCs for their industrial processes. With the integration of Artificial Intelligence, Internet of Things (IoT), and edge computing, micro PLCs offer energy-efficient solutions and improved performance. They are also used in Home and Building Automation for controlling lighting systems, HVAC, and security systems. Programming tools, simulation software, and redundancy software further enhance the functionality of micro PLCs. Input devices, such as sensors and switches, are essential components that enable micro PLCs to interact with their environment and respond accordingly.

What challenges does the Micro Programmable Logic Controller (PLC) Industry face during its growth?

Growing cybersecurity concerns are a key challenge affecting the industry growth.

• Micro Programmable Logic Controllers (PLCs), including Nano and Modular types, play a pivotal role in industrial automation by enhancing productivity and efficiency in various sectors such as power, oil and gas, automotive, and steel industry. However, the integration of advanced technologies like Artificial Intelligence (AI), the Internet of Things (IoT), and Edge computing has brought about new challenges, particularly in the realm of cybersecurity. Critical infrastructure industries, such as power, oil and gas, and water and wastewater, face significant security concerns due to the potential for data hacking and alteration. In the oil and gas sector, for instance, a data breach can lead to operational failure, causing significant disruptions and potential ethical or operational ramifications.
• Cyberattacks on infrastructure components, such as pipelines, drilling rigs, and refineries, can halt operations and compromise sensitive data. Programmable logic controllers, which include Input devices, Motion control, Redundancy software, Robotics, and Human machine interface, are integral to industrial processes in various sectors. In the automotive sector, they are used in assembly lines and engine control systems, while in the power industry, they are employed in Transmission control, Fuel injection, and HVAC systems. In the food and beverages industry, they are used for temperature control and lighting systems. The hardware segment, which includes Programming tools, Simulation software, and IoT-connected devices, is a significant offering in the PLC market.

Exclusive Customer Landscape

The micro programmable logic controller (PLC) market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the micro programmable logic controller (PLC) market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, micro programmable logic controller (PLC) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• ABB Ltd.
• Advantech Co. Ltd.
• Beckhoff Automation
• Beijer Electronics Group AB
• Eaton Corp. Plc
• Festo SE and Co. KG
• Fuji Electric Co. Ltd.
• Hitachi Ltd.
• Honeywell International Inc.
• IDEC Corp.
• Lenze SE
• Mitsubishi Electric Corp.
• OMRON Corp.
• Parker Hannifin Corp.
• Robert Bosch Stiftung GmbH
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens AG
• Toshiba Corp.
• Yaskawa Electric Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

Micro Programmable Logic Controllers (PLCs) have emerged as a crucial component in industrial automation, offering versatility and flexibility in managing various industrial processes. These electronic devices enable automatic control of various machinery and systems by executing pre-programmed instructions. The Micro PLC market encompasses a range of controllers, including Nano PLCs, Fixed PLCs, and Modular PLCs. These controllers cater to diverse industries such as oil and gas, power, and food and beverages, among others. Their applications extend to motion control, redundancy software, robotics, and input devices, among others. Micro PLCs have gained significant traction in the industrial automation sector due to their miniaturization and energy-efficient solutions.

Further, the technology sector's advancements have led to the integration of Micro PLCs with Artificial Intelligence (AI) and the Internet of Things (IoT), enabling edge computing and IIoT-connected devices. The hardware segment dominates the Micro PLC market, with programming tools and simulation software playing a vital role in their development and implementation. The automotive sector and energy sector have been early adopters of Micro PLCs, with their applications ranging from engine control and transmission control to fuel injection and power distribution. Micro PLCs have become indispensable in the industrial processes of various industries, including the steel industry, power industry, and automotive sector.

Their role in industrial automation extends to assembly lines, robotics, and HVAC systems, among others. The market for Micro PLCs is driven by the increasing demand for automation in various industries and the need for energy-efficient solutions. The trend towards Industry 4.0 and smart factories is further fueling the growth of the Micro PLC market. Moreover, the market for Micro PLCs is expected to witness significant growth due to the increasing adoption of home automation and building automation systems. The offering segment, which includes hardware, services, and software, is expected to experience strong growth due to the rising demand for integrated solutions.

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What are the Key Data Covered in this Micro Programmable Logic Controller (PLC) Market Research and Growth Report?

• CAGR of the Micro Programmable Logic Controller (PLC) industry during the forecast period
• Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the micro programmable logic controller (PLC) market growth of industry companies

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