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Europe Programmable Logic Controller (PLC) Market by Industry Dynamics 2020 – Segmentation by Top Companies, Major Applications, Key Regions, Product Demand | Industry Research.co

Europe Programmable Logic Controller (PLC)

Europe Programmable Logic Controller (PLC) Market” offers a detailed analysis of the competition and leading companies of the global Europe Programmable Logic Controller (PLC) market. Here, it concentrates on the recent developments, sales, market value, production, gross margin, and other important factors of the business of top players operating in the global market. Europe Programmable Logic Controller (PLC) Market is comprehensively prepared with the main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It sheds light on key production, revenue, and consumption trends so that players could improve their sales and growth in the Global Europe Programmable Logic Controller (PLC) Market.

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Market Overview:

  • The European PLC market was valued at USD 3758.3 million in 2018, and is expected to grow at a CAGR of 2.6% during the forecast period to reach USD 4139.5 million by 2024. Europe’s higher investment levels, since 2016, in Industrial IoT have made the region maintain its lead among the other regions, such as the United States and Asia.
  • – The evolution of technological advancements, and innovations across various manufacturing units, have encouraged the adoption of automation technologies. Digitization and Industry 4.0 revolution have significantly stimulated the growth of automation among European industries, by necessitating the use of smarter and automated solutions, such as control systems and robotics, to improve production processes
  • – The industrial PLC security issues are nearly as common as the PLCs. This is due to the fact that these devices are connected through a network, which controls critical infrastructures within the industrial set up. PLCs might make use of a web-based interface, which further increases the vulnerability of the PLCs.

    Europe Programmable Logic Controller (PLC) Market Manufacturer Segment Analysis:

  • ABB Ltd
  • Mitsubishi Electric Corporation
  • Schneider Electric SE
  • Rockwell Automation
  • Siemens AG
  • Honeywell International Inc.
  • Omron Corporation
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Emerson Electric Co.
  • Hitachi Ltd
  • General Electric Co.

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    Key Market Trends:

    Oil & Gas Industry to Occupy the Major Market Share

    – Recovering crude oil prices are leading to increased upstream activities, especially in the CIS region. It is estimated that Russia also has a capex of over USD 160 billion till 2025, with over 29 new development projects expected to begin over the forecast period.
    – Projects, such as Prirazlomnoye Field, Baltic LNG, and Sakhalin III, are expected to contribute to the current demand for PLCs is the region.
    – According to the latest oil and gas workforce report published by Oil and Gas UK, there are just 3032 active drillers in the country. As a result, many ongoing projects are forced to automate several operations to adjust to these factors.
    – The region’s existing infrastructure requires storage and refining capacity expansions, in order to ensure substantially of its imports of either LNG or pipeline gas. These operations are further expected to provide considerable opportunities for the PLC market in the region.

    Germany to Witness the Highest Growth

    – The automotive industry is one of the largest sources of demand for PLCs in the country. The German automotive industry is one of the largest manufacturing sectors in the world.
    – Several leading vendors of automation and control equipment, such as Schneider Electric, Siemens Kuka, etc., are based in Germany, thus, driving a high flow of investments toward R&D activities. As a result, the country has a high degree of automation in most of its end- user industries.
    – The country also has a large number of robots. According to the recent estimates of International Federation of Robotics (IFR), Germany has the most robot density in the world (294 units per 10,000 workers),
    – According to the VDMA + Robotics Automation Organization, the robotics and automation turnover in Germany increased by 4.17% in 2018, when compared to that in 2017. Thus the huge scope of PLCs in Germany can be estimated from this data.

    Reasons to Purchase this Report:

    • Current and future global Europe Programmable Logic Controller (PLC) market outlook in the developed and emerging markets.
    • Analyzing various perspectives of the market, with the help of Porter’s five forces analysis.
    • The segment that is expected to dominate the market.
    • The regions that are expected to witness the fastest growth during the forecast period.
    • Identify the latest developments and strategies employed by the major market players.

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    Detailed TOC of Europe Programmable Logic Controller (PLC) Market – Segmented by Geography – Growth, Trend, and Forecast:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growth in Manufacturing and Investments in Automation is Driving the Market Growth
    4.4 Market Restraints
    4.4.1 Security Concerns and Preference Towards Distributed Control Systems Might Hinder the Market Growth
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Hardware & Software
    5.1.1.1 Large PLC
    5.1.1.2 Nano PLC
    5.1.1.3 Small PLC
    5.1.1.4 Medium PLC
    5.1.1.5 Other Hardware Types
    5.1.2 Service
    5.2 By End-user Industry
    5.2.1 Food, Tobacco, and Beverage
    5.2.2 Automotive
    5.2.3 Chemical and Petrochemical
    5.2.4 Energy and Utilities
    5.2.5 Pharmaceutical
    5.2.6 Oil & Gas
    5.2.7 Other End-user Industries
    5.3 Geography
    5.3.1 Europe
    5.3.1.1 Germany
    5.3.1.2 United Kingdom
    5.3.1.3 France
    5.3.1.4 Italy
    5.3.1.5 Rest of Europe

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 ABB Ltd
    6.1.2 Mitsubishi Electric Corporation
    6.1.3 Schneider Electric SE
    6.1.4 Rockwell Automation
    6.1.5 Siemens AG
    6.1.6 Honeywell International Inc.
    6.1.7 Omron Corporation
    6.1.8 Panasonic Corporation
    6.1.9 Robert Bosch GmbH
    6.1.10 Emerson Electric Co.
    6.1.11 Hitachi Ltd
    6.1.12 General Electric Co.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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