Micro Programmable Logic Controller (PLC) Market to grow by USD 2.46 bn by 2026, Segmentation by End-user and Geography - Technavio

NEW YORK, Nov. 14, 2022 /PRNewswire/ -- The Micro programmable logic controller (PLC) market is projected to grow by USD 2.46 billion progressing at a CAGR of 7.31% during the forecast period, according to Technavio. The increasing demand for compact automation solutions, the rising demand for micro PLCs in APAC, and the growing investment in smart factories will offer immense growth opportunities. However, growing cybersecurity concerns might hamper the market growth. Request a Free Sample Report.

Micro Programmable Logic Controller (PLC) Market 2022-2026: Segmentation

• End-user 
• Automotive Industry
• During the projection period, the automotive sector segment will significantly increase its micro-programmable logic controller (PLC) market share. Due to the necessity to operate several isolated machines utilized in the manufacturing process, the automobile industry is a major contributor to the worldwide mini PLC market. The need for micro PLCs in the automotive industry will rise as more manufacturing facilities are embracing the idea of smart factories.
• Oil And Gas Industry
• Power Industry
• Food And Beverage Industry
• Others
• Product 
• Hardware
• Software
• Services
• Geography 
• APAC 
• APAC will contribute 35% of market growth. In APAC, China and Japan are the most important markets for micro-programmable logic controllers (PLCs). The market in this region will expand more quickly than the market in other regions. Over the projection period, APAC's micro programmable logic controller (PLC) market would benefit from robust industrialization, rising demand for medium and low voltage motors, and increased investments in the power, water and wastewater treatment, and food and beverage industries.
• North America
• Europe
• South America
• Middle East And Africa

Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses., download a free sample report.

Micro Programmable Logic Controller (PLC) Market 2022-2026: Scope

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources. Our micro programmable logic controller (PLC) market report covers the following areas:

• Micro Programmable Logic Controller (PLC) Market size
• Micro Programmable Logic Controller (PLC) Market trends
• Micro Programmable Logic Controller (PLC) Market industry analysis

This study identifies the expanding capabilities of micro PLCs as one of the prime reasons driving the micro programmable logic controller (PLC) market growth during the next few years.

Micro Programmable Logic Controller (PLC) Market 2022-2026: Vendor Analysis

The global micro PLC market is fragmented and the vendors offer customized solutions with additional services to cater to end-user requirements. The competition in the market is moderately intense, with all the players competing to gain more market share. Rapid advances in technology constitute significant risk factors for market vendors. Therefore, to survive and succeed in the competitive environment, it is imperative for the vendors to distinguish their product and service offerings through a clear and unique value proposition. The market also has entry barriers, which reduce the entry of new players into the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• 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.

To find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy a Sample Report.

Micro Programmable Logic Controller (PLC) Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period
• Detailed information on factors that will assist micro programmable logic controller (PLC) market growth during the next five years
• Estimation of the micro programmable logic controller (PLC) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the micro programmable logic controller (PLC) market
• 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

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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