Micro Programmable Logic Controller (PLC) Market by Product, End-user, and Geography - Forecast and Analysis 2022-2026

Published: May 2022

Pages: 170

SKU: IRTNTR40034

Snapshot

The micro programmable logic controller (PLC) market share is expected to reach an estimated growth of USD 2.46 billion by 2026 at an accelerating CAGR of 7.31%.

This micro programmable logic controller (PLC) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers micro programmable logic controller (PLC) market segmentation by:

End-user - Automotive industry, Oil and gas industry, Power industry, Food and beverage industry, and Others
Product - Hardware, Software, and Services
Geography - APAC, North America, Europe, South America, and Middle East and Africa

The micro programmable logic controller (PLC) market vendors are - ABB Ltd., Advantech Co. Ltd., Beckhoff Automation GmbH and Co. KG, Beijer Electronics Group AB, Eaton Corp. Plc, Festo SE and Co. KG, Fuji Electric Co. Ltd., Hitachi Ltd., Honeywell International Inc., IDEC Corp., Koyo Electronics Industries Co. Ltd., Lenze SE, Mitsubishi Electric Corp., Moxa Inc., OMRON Corp., Opto 22, Parker Hannifin Corp., Pilz GmbH and Co. KG, Robert Bosch Stiftung GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., WAGO GmbH and Co. KG, and Yaskawa Electric Corp. among others.

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

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Micro Programmable Logic Controller (PLC) Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing demand for compact automation solutions is notably driving the micro programmable logic controller (PLC) market growth, although factors such as growing cybersecurity concerns may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the micro programmable logic controller (PLC) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Micro Programmable Logic Controller (PLC) Market Driver

One of the key factors driving growth in the micro programmable logic controller (PLC) market is the increasing demand for compact automation solutions.
IIoT provides various benefits, such as real-time communication and reliability. It also increases the efficiency of industrial automation control systems.
The use of IIoT for manufacturing and factory automation enables smart maintenance, distributed intelligence systems, and predictive analytics. However, the rising adoption of IoT-enabled devices is causing design challenges related to the reduction of price and the attainment of the benefits of factory automation for manufacturers and system integrators.
Most SMEs look for small form factors that can provide the same functionalities and features of large devices while consuming lesser power.
The availability of micro PLCs enables SMEs to utilize control-level automation at a low cost without compromising on productivity.
Vendors are focusing on developing flexible machine designs that incorporate inputs from OEMs, manufacturers, and system integrators. All these factors enable a seamless transition from traditional automation to Industry 4.0 in the manufacturing industry.

Key Micro Programmable Logic Controller (PLC) Market Trend

Expanding the capabilities of micro PLCs is a micro programmable logic controller (PLC) market trend that is expected to have a positive impact in the coming years.
Micro PLCs are rapidly becoming an indispensable solution for controlling standalone machinery in the process and discrete industries.
Benefits such as programming flexibility, ease of use, communication capability within a compact structure, and lower price compared with traditional PLCs are the major factors for the increasing adoption of micro PLCs.
Recent advances in product design and features have increased their capabilities and applications in the industrial end-user segments.
Some vendors are providing additional features to already launched products to increase their effectiveness.
Such developments are aimed at increasing product features and providing effective compact PLCs as a cost-effective option for various process control purposes, including data logging. Product expansions and developments in micro PLCs will increase their demand in the process and discrete industries.

Key Micro Programmable Logic Controller (PLC) Market Challenge

The growing cybersecurity concerns will be a major challenge for the micro programmable logic controller (PLC) market during the forecast period.
While automation solutions, such as micro PLCs, help in improving productivity and increasing the efficiency of industrial processes, some of the automated systems are more susceptible to cyberattacks.
Cybersecurity is one of the emerging issues in end-user industries. Data hacking and alteration are major security concerns for industries, such as the oil and gas, power, and water and wastewater, that comprise critical infrastructure.
With the increase in the number of connected devices and growing dependency on web-based communication, the vulnerability of networks to cyberattacks has increased simultaneously.
The exploitation of any loophole in the network can significantly impact the data center of the interlinked system.
Although vendors and end-users are focusing on improving security measures to prevent cyberattacks, the constantly evolving nature of cyberattacks has put automation solutions at high risk, which, in turn, is challenging the growth of the global micro PLC market.

This micro programmable logic controller (PLC) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global micro programmable logic controller (PLC) market as a part of the global electrical components and equipment market within the global electrical equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the micro programmable logic controller (PLC) market during the forecast period.

Who are the Major Micro Programmable Logic Controller (PLC) Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

This statistical study of the micro programmable logic controller (PLC) market encompasses successful business strategies deployed by the key vendors. The micro programmable logic controller (PLC) market is fragmented and the vendors are deploying growth strategies such as offering customized solutions with additional services to compete in the market.

Product Insights and News

ABB Ltd. - ABB Ltd. is a public company headquartered in Switzerland. It is a global company generating $28,945 million in revenues and has around 105,000 employees. Its revenue from the global micro programmable logic controller (PLC) market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company.
ABB Ltd. - The company offers micro programmable logic controllers such as AC500 eCo, AC500 S, and AC500 XC.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The micro programmable logic controller (PLC) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Micro Programmable Logic Controller (PLC) Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the micro programmable logic controller (PLC) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Micro Programmable Logic Controller (PLC) Market?

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35% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for micro programmable logic controller (PLC) in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The strong industrialization; rising demand for medium voltage and low voltage motors; and increasing investments in power, water and wastewater treatment, and food and beverage industries will facilitate the micro programmable logic controller (PLC) market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 had a negative impact on the regional micro PLC market. The pandemic resulted in numerous deaths in China and other countries, prompting lockdowns in the region. However, in 2021, due to the availability of COVID-19 vaccines and the large-scale vaccination drives carried out by the governments of countries in APAC, activities in end-user industries gradually became normal. Therefore, the demand for micro PLCs increased, which will lead to regional market growth during the forecast period.

What are the Revenue-generating End-user Segments in the Micro Programmable Logic Controller (PLC) Market?

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The micro programmable logic controller (PLC) market share growth by the automotive industry segment will be significant during the forecast period. The automotive industry is one of the major contributors to the global micro PLC market, owing to the need to control multiple standalone machinery that is used in the manufacturing process in this industry. As several automotive manufacturing plants are moving toward the concept of smart factories, the demand for micro PLCs will witness an increase in the automotive industry.

This report provides an accurate prediction of the contribution of all the segments to the growth of the micro programmable logic controller (PLC) market size and actionable market insights on post COVID-19 impact on each segment.

Micro Programmable Logic Controller (PLC) Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.31%
Market growth 2022-2026	$ 2.46 billion
Market structure	Fragmented
YoY growth (%)	6.52
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 35%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	ABB Ltd., Advantech Co. Ltd., Beckhoff Automation GmbH and Co. KG, Beijer Electronics Group AB, Eaton Corp. Plc, Festo SE and Co. KG, Fuji Electric Co. Ltd., Hitachi Ltd., Honeywell International Inc., IDEC Corp., Koyo Electronics Industries Co. Ltd., Lenze SE, Mitsubishi Electric Corp., Moxa Inc., OMRON Corp., Opto 22, Parker Hannifin Corp., Pilz GmbH and Co. KG, Robert Bosch Stiftung GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., WAGO GmbH and Co. KG, and Yaskawa Electric Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our 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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What are the Key Data Covered in this Micro Programmable Logic Controller (PLC) Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive micro programmable logic controller (PLC) market growth during the next five years
Precise estimation of the micro programmable logic controller (PLC) market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the micro programmable logic controller (PLC) industry across APAC, North America, Europe, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of micro programmable logic controller (PLC) market vendors

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments
- Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)

5.2 Comparison by End-user
- Exhibit 27: Chart on Comparison by End-user
- Exhibit 28: Data Table on Comparison by End-user

5.3 Automotive industry - Market size and forecast 2021-2026
- Exhibit 29: Chart on Automotive industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Automotive industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Automotive industry - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Automotive industry - Year-over-year growth 2021-2026 (%)

5.4 Oil and gas industry - Market size and forecast 2021-2026
- Exhibit 33: Chart on Oil and gas industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Oil and gas industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Oil and gas industry - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Oil and gas industry - Year-over-year growth 2021-2026 (%)

5.5 Power industry - Market size and forecast 2021-2026
- Exhibit 37: Chart on Power industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Data Table on Power industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 39: Chart on Power industry - Year-over-year growth 2021-2026 (%)
- Exhibit 40: Data Table on Power industry - Year-over-year growth 2021-2026 (%)

5.6 Food and beverage industry - Market size and forecast 2021-2026
- Exhibit 41: Chart on Food and beverage industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Data Table on Food and beverage industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Chart on Food and beverage industry - Year-over-year growth 2021-2026 (%)
- Exhibit 44: Data Table on Food and beverage industry - Year-over-year growth 2021-2026 (%)

5.7 Others - Market size and forecast 2021-2026
- Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.8 Market opportunity by End-user
- Exhibit 49: Market opportunity by End-user ($ million)

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 50: Chart on Product - Market share 2021-2026 (%)
- Exhibit 51: Data Table on Product - Market share 2021-2026 (%)

6.2 Comparison by Product
- Exhibit 52: Chart on Comparison by Product
- Exhibit 53: Data Table on Comparison by Product

6.3 Hardware - Market size and forecast 2021-2026
- Exhibit 54: Chart on Hardware - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Hardware - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Hardware - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Hardware - Year-over-year growth 2021-2026 (%)

6.4 Software - Market size and forecast 2021-2026
- Exhibit 58: Chart on Software - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Software - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Software - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Software - Year-over-year growth 2021-2026 (%)

6.5 Services - Market size and forecast 2021-2026
- Exhibit 62: Chart on Services - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Services - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Services - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Services - Year-over-year growth 2021-2026 (%)

6.6 Market opportunity by Product
- Exhibit 66: Market opportunity by Product ($ million)

7 Customer Landscape

7.1 Customer landscape overview
- Exhibit 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation
- Exhibit 68: Chart on Market share by geography 2021-2026 (%)
- Exhibit 69: Data Table on Market share by geography 2021-2026 (%)

8.2 Geographic comparison
- Exhibit 70: Chart on Geographic comparison
- Exhibit 71: Data Table on Geographic comparison

8.3 APAC - Market size and forecast 2021-2026
- Exhibit 72: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on APAC - Year-over-year growth 2021-2026 (%)

8.4 North America - Market size and forecast 2021-2026
- Exhibit 76: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on North America - Year-over-year growth 2021-2026 (%)

8.5 Europe - Market size and forecast 2021-2026
- Exhibit 80: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on Europe - Year-over-year growth 2021-2026 (%)

8.6 South America - Market size and forecast 2021-2026
- Exhibit 84: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on South America - Year-over-year growth 2021-2026 (%)

8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 88: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

8.8 US - Market size and forecast 2021-2026
- Exhibit 92: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on US - Year-over-year growth 2021-2026 (%)

8.9 China - Market size and forecast 2021-2026
- Exhibit 96: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 97: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 98: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on China - Year-over-year growth 2021-2026 (%)

8.10 Japan - Market size and forecast 2021-2026
- Exhibit 100: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 101: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 102: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 103: Data Table on Japan - Year-over-year growth 2021-2026 (%)

8.11 Germany - Market size and forecast 2021-2026
- Exhibit 104: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 105: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 106: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 107: Data Table on Germany - Year-over-year growth 2021-2026 (%)

8.12 UK - Market size and forecast 2021-2026
- Exhibit 108: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 109: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 110: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 111: Data Table on UK - Year-over-year growth 2021-2026 (%)

8.13 Market opportunity by geography
- Exhibit 112: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2021 and 2026

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

10.4 Industry risks
- Exhibit 116: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
- Exhibit 117: Vendors covered

11.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

11.3 ABB Ltd.
- Exhibit 119: ABB Ltd. - Overview
- Exhibit 120: ABB Ltd. - Business segments
- Exhibit 121: ABB Ltd. - Key news
- Exhibit 122: ABB Ltd. - Key offerings
- Exhibit 123: ABB Ltd. - Segment focus

11.4 Advantech Co. Ltd.
- Exhibit 124: Advantech Co. Ltd. - Overview
- Exhibit 125: Advantech Co. Ltd. - Business segments
- Exhibit 126: Advantech Co. Ltd. - Key offerings
- Exhibit 127: Advantech Co. Ltd. - Segment focus

11.5 Beckhoff Automation GmbH and Co. KG
- Exhibit 128: Beckhoff Automation GmbH and Co. KG - Overview
- Exhibit 129: Beckhoff Automation GmbH and Co. KG - Product / Service
- Exhibit 130: Beckhoff Automation GmbH and Co. KG - Key offerings

11.6 Beijer Electronics Group AB
- Exhibit 131: Beijer Electronics Group AB - Overview
- Exhibit 132: Beijer Electronics Group AB - Business segments
- Exhibit 133: Beijer Electronics Group AB - Key offerings
- Exhibit 134: Beijer Electronics Group AB - Segment focus

11.7 Eaton Corp. Plc
- Exhibit 135: Eaton Corp. Plc - Overview
- Exhibit 136: Eaton Corp. Plc - Business segments
- Exhibit 137: Eaton Corp. Plc - Key news
- Exhibit 138: Eaton Corp. Plc - Key offerings
- Exhibit 139: Eaton Corp. Plc - Segment focus

11.8 Festo SE and Co. KG
- Exhibit 140: Festo SE and Co. KG - Overview
- Exhibit 141: Festo SE and Co. KG - Product / Service
- Exhibit 142: Festo SE and Co. KG - Key offerings

11.9 Fuji Electric Co. Ltd.
- Exhibit 143: Fuji Electric Co. Ltd. - Overview
- Exhibit 144: Fuji Electric Co. Ltd. - Business segments
- Exhibit 145: Fuji Electric Co. Ltd. - Key offerings
- Exhibit 146: Fuji Electric Co. Ltd. - Segment focus

11.10 Hitachi Ltd.
- Exhibit 147: Hitachi Ltd. - Overview
- Exhibit 148: Hitachi Ltd. - Business segments
- Exhibit 149: Hitachi Ltd. - Key news
- Exhibit 150: Hitachi Ltd. - Key offerings
- Exhibit 151: Hitachi Ltd. - Segment focus

11.11 Honeywell International Inc.
- Exhibit 152: Honeywell International Inc. - Overview
- Exhibit 153: Honeywell International Inc. - Business segments
- Exhibit 154: Honeywell International Inc. - Key news
- Exhibit 155: Honeywell International Inc. - Key offerings
- Exhibit 156: Honeywell International Inc. - Segment focus

11.12 Robert Bosch Stiftung GmbH
- Exhibit 157: Robert Bosch Stiftung GmbH - Overview
- Exhibit 158: Robert Bosch Stiftung GmbH - Product / Service
- Exhibit 159: Robert Bosch Stiftung GmbH - Key offerings

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist
- Exhibit 160: Inclusions checklist
- Exhibit 161: Exclusions checklist

12.3 Currency conversion rates for US$
- Exhibit 162: Currency conversion rates for US$

12.4 Research methodology
- Exhibit 163: Research methodology
- Exhibit 164: Validation techniques employed for market sizing
- Exhibit 165: Information sources

12.5 List of abbreviations
- Exhibit 166: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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