Programmable Logic Controller (PLC) Market in APAC by End-User and Geography - Forecast and Analysis 2022-2026

The Programmable Logic Controller (PLC) Market in APAC is projected to grow by USD 880.06 million with a CAGR of 3.86% during the forecast period 2021 to 2026.

This Asia-Pacific Programmable Logic Controller (PLC) Market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the programmable logic controller (PLC) market in APAC segmentation by end-user (process industry, discrete industry, and building automation) and geography (APAC). The APAC PLC market report also offers information on several market vendors, including ABB Ltd., Beckhoff Automation GmbH & Co. KG, Beijer Electronics Group AB, Eaton Corp. Plc, Emerson Electric Co., Fuji Electric Co. Ltd., Hitachi Ltd., Honeywell International Inc., IDEC Corp., LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., OMRON Corp., Panasonic Holdings Corp., Parker Hannifin Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, TOSHIBA CORP, and Infineon Technologies AG among others.

What will the Programmable Logic Controller (PLC) Market Size in APAC During the Forecast Period?

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

The increasing demand for compact automation solutions is notably driving the programmable logic controller (PLC) market growth in APAC, although factors such as the growing market for industrial PCs and DCS (distributed control systems) as substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the Asia-Pacific programmable logic controller (PLC) market. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Programmable Logic Controller (PLC) Market in APAC Driver 

The increasing demand for compact automation solutions is one of the key factors driving the global programmable logic controller (PLC) market growth in Asia-Pacific. With the advent of the Industrial Internet of Things (IIoT), which is also called Industry 4.0 in the context of automation, challenges related to designing at the control level have increased significantly. 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 also leading to design challenges related to price escalation and the benefits of factory automation for manufacturers and system integrators. to enable a seamless transition from traditional automation to Industry 4.0 in the manufacturing industry. Therefore, the increasing demand for compact automation solutions is expected to drive the growth of the Asia-Pacific programmable logic controller market during the forecast period.

Key Programmable Logic Controller (PLC) Market in APAC Trend 

The increasing focus on expanding the capabilities of micro PLCs will fuel the global programmable logic controller market in APAC growth. Micro PLCs are rapidly becoming an indispensable solution for controlling standalone machinery in process and discrete industries. Benefits such as programming flexibility, ease of use, communication capabilities within a compact structure, and low price when compared with traditional PLCs are increasing the adoption of micro PLCs in APAC. Recent advances in product design and features have increased their capabilities and applications in industrial end-user segments. The initial versions of micro PLCs were specifically designed as a cost-efficient solution for controlling small machinery with basic serial communication. However, with increasing technological advances, vendors have developed micro PLCs with high-speed communication capabilities to control larger machines, which incorporate functionalities such as larger programmable memory and capabilities to support multiple communication. Such factors are expected to drive the growth of the Asia-Pacific programmable logic controller market during the forecast period.

Key Programmable Logic Controller (PLC) Market in APAC Challenge

The growing market for industrial PCs and DCS as substitutes is the major challenge to the global programmable logic controller (PLC) market growth in APAC. With the growing demand for automation, there has been a shift from rackmount PLCs to more generic PC-based platforms. A PC-based control system allows the integration of PLC control, motion control, and SCADA on a single high-performance controller platform. This has led to a greater demand for industrial PC-based control systems. The advances in the development of open embedded operating systems have given rise to new-generation industrial PCs, which combine the functionality of a PLC and an operator panel into one unit. Similarly, DCS is another control system that offers distinct advantages over distributed systems that are not available in either PLCs or industrial PCs. DCS vendors are also focusing on improving the application areas of DCS. They are launching new DCS for the life sciences, oil and gas, petrochemical, and discrete manufacturing sectors that must depend on complex, non-integrated PLCs with limited capabilities. Developments in industrial PCs and DCS are likely to affect the demand for PLCs, which is expected to be a major challenge for the growth of the Asia-Pacific programmable logic controller market during the forecast period.

This programmable logic controller (PLC) market in APAC 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 programmable logic controller (PLC) Market in Asia-Pacific (APAC) 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 programmable logic controller (PLC) market in APAC during the forecast period.

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

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

• ABB Ltd.
• Beckhoff Automation GmbH & Co. KG
• Beijer Electronics Group AB
• Eaton Corp. Plc
• Emerson Electric Co.
• Fuji Electric Co. Ltd.
• Hitachi Ltd.
• Honeywell International Inc.
• IDEC Corp.
• LS ELECTRIC Co. Ltd.
• Mitsubishi Electric Corp.
• OMRON Corp.
• Panasonic Holdings Corp.
• Parker Hannifin Corp.
• Robert Bosch GmbH
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens AG
• TOSHIBA CORP
• Infineon Technologies AG

This statistical study of the Asia-Pacific PLC market encompasses successful business strategies deployed by the key vendors. The programmable logic controller (PLC) market in APAC is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the 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 Asia-Pacific 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.

Programmable Logic Controller (PLC) Market Value Chain Analysis In APAC

Our In-house experts produce extensive information on the value chain and parent market of the programmable logic controller (PLC) market in APAC, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

The value chain of the global electrical equipment market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

COVID-19 Impact and Recovery Analysis

In 2020, APAC was severely affected by the pandemic. A rise in the number of COVID-19 cases in APAC resulted in the unavailability of the workforce, an imbalance in the supply chains for end-user products, and the temporary closure of end-user industries such as automotive, aerospace, defense, manufacturing, and healthcare. These factors disrupted the growth of the PLC market in APAC in 2020. However, in 2021, the services for CAD  rebounded as regional end-user industries resumed operations due to the initiation of large-scale COVID-19 vaccination drives. The development of PLCs is also spurred by APAC's rapidly growing automotive industry. Such factors will contribute to the growth of the Asia-Pacific PLC market during the forecast period.

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

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The APAC PLC market share growth in the process industry segment will be significant during the forecast period. The process industry in the PLC market in APAC is expected to witness significant growth when compared with the other segments, including discrete industry and building automation, during the forecast period. 

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

You may be interested in the regional reports:

APAC PLC market - The market share will grow at a CAGR of 8.09% over the period 2014-2019.

Europe PLC market - The market share will grow at a CAGR of 7.44 percent over the period 2014-2019.

US PLC market - The market share will grow at a CAGR of 5.84 percent over the period 2014-2019.

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What are the Key Data Covered in this Programmable Logic Controller (PLC) Market In Regional Report?

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

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