North America Programmable Logic Controllers (PLC) Market 2022-2032 by Component (Hardware, Software, Services), Product Type (Nano, Micro/Small, Medium, Large, Others), Architecture (Compact, Modular), Form (Rack Mounted, Single-Box), Power Supply (230 VAC, 24 VDC), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity
North America programmable logic controllers (PLC) market is projected to grow by 4.6% annually in the forecast period and reach $6.09 billion by 2032, driven by the rising adoption of automation systems, improved operations in terms of productivity and safety, an increasing demand of PLC in a magnitude of industries, and the growing availability and affordability of more advanced PLC workflow solutions.
Highlighted with 30 tables and 76 figures, this 142-page report “North America Programmable Logic Controllers (PLC) Market 2022-2032 by Component (Hardware, Software, Services), Product Type (Nano, Micro/Small, Medium, Large, Others), Architecture (Compact, Modular), Form (Rack Mounted, Single-Box), Power Supply (230 VAC, 24 VDC), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America programmable logic controllers (PLC) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America programmable logic controllers (PLC) market in every aspect of the classification from perspectives of Component, Product Type, Architecture, Form, Power Supply, Application, Industry Vertical, and Country.
Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Processor
o Power Supply
o Input/Output
o Other Hardware
• Software
• Services
o Training
o Maintenance
o Consulting
Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Nano PLC
o Fixed Nano PLC
o Modular Nano PLC
• Micro/Small PLC
• Medium PLC
• Large PLC
• Other Product Types
By Architecture, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Compact PLC
• Modular PLC
By Form, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Rack Mounted Type
• Single-Box Type
By Power Supply, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• PLC with SMPS (230 VAC)
• PLC without SMPS (24 VDC)
By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Packaging & Labeling
• Material Handling
• Escalator & Elevator
• Process Control
• Industrial Equipment Control System
• Safety Monitoring & Control
• Energy Management
• Home & Building Automation
• Other Applications
By Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Automotive Industry
• Chemicals Industry
• Food & Beverage Industry
• Oil & Gas Industry
• Energy & Power Industry
• Pulp & Paper Industry
• Pharmaceutical Industry
• Water and Wastewater Industry
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Product Type, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
B&R Industrial Automation GmbH
Eaton Corporation PLC
Emerson Electric Company
Fuji Electric Co., Ltd.
General Electric Co.
Hitachi Ltd.
Honeywell International Inc.
IDEC Corporation
Infineon Technologies AG
Mitsubishi Electric Corporation
Omron Corporation
Panasonic Corporation
Robert Bosch GmbH
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Toshiba International Corporation
Yokogawa Electric Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 37
2.4 Emerging Opportunities and Market Trends 40
2.5 Porter’s Fiver Forces Analysis 44
3 Segmentation of North America Market by Component 48
3.1 Market Overview by Component 48
3.2 Hardware 50
3.2.1 Processor 52
3.2.2 Power Supply 53
3.2.3 Input/Output 54
3.2.4 Other Hardware 55
3.3 Software 56
3.4 Services 57
3.4.1 Training 58
3.4.2 Maintenance 59
3.4.3 Consulting 60
4 Segmentation of North America Market by Product Type 61
4.1 Market Overview by Product Type 61
4.2 Nano PLC 64
4.2.1 Fixed Nano PLC 65
4.2.2 Modular Nano PLC 66
4.3 Micro/Small PLC 67
4.4 Medium PLC 69
4.5 Large PLC 71
4.6 Other Product Types 72
5 Segmentation of North America Market by Architecture 73
5.1 Market Overview by Architecture 73
5.2 Compact PLC 75
5.3 Modular PLC 76
6 Segmentation of North America Market by Form 77
6.1 Market Overview by Form 77
6.2 Rack Mounted Type 79
6.3 Single-Box Type 80
7 Segmentation of North America Market by Power Supply 81
7.1 Market Overview by Power Supply 81
7.2 PLC with SMPS (230 VAC) 83
7.3 PLC without SMPS (24 VDC) 84
8 Segmentation of North America Market by Application 85
8.1 Market Overview by Application 85
8.2 Packaging & Labeling 87
8.3 Material Handling 88
8.4 Escalator & Elevator 89
8.5 Process Control 90
8.6 Industrial Equipment Control System 91
8.7 Safety Monitoring & Control 92
8.8 Energy Management 93
8.9 Home & Building Automation 94
8.10 Other Applications 95
9 Segmentation of North America Market by Industry Vertical 96
9.1 Market Overview by Industry Vertical 96
9.2 Automotive Industry 98
9.3 Chemicals Industry 99
9.4 Food & Beverage Industry 100
9.5 Oil & Gas Industry 101
9.6 Energy & Power Industry 102
9.7 Pulp & Paper Industry 103
9.8 Pharmaceutical Industry 104
9.9 Water and Wastewater Industry 105
9.10 Other Industry Verticals 106
10 North America Market 2022-2032 by Country 107
10.1 Overview of North America Market 107
10.2 U.S. 110
10.3 Canada 113
10.4 Mexico 115
11 Competitive Landscape 117
11.1 Overview of Key Vendors 117
11.2 New Product Launch, Partnership, Investment, and M&A 121
11.3 Company Profiles 122
ABB Ltd. 122
B&R Industrial Automation GmbH 124
Eaton Corporation PLC 125
Emerson Electric Company 126
Fuji Electric Co., Ltd. 127
General Electric Co. 128
Hitachi Ltd. 129
Honeywell International Inc. 130
IDEC Corporation 131
Infineon Technologies AG 132
Mitsubishi Electric Corporation 133
Omron Corporation 134
Panasonic Corporation 135
Robert Bosch GmbH 136
Rockwell Automation Inc. 137
Schneider Electric SE 138
Siemens AG 139
Toshiba International Corporation 140
Yokogawa Electric Corporation 141
RELATED REPORTS 142
List of Tables:
Table 1. Snapshot of North America Programmable Logic Controllers Market in Balanced Perspective, 2022-2032 20
Table 2. World Economic Outlook, 2021-2031 24
Table 3. World Economic Outlook, 2021-2023 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Main Product Trends and Market Opportunities in North America Programmable Logic Controllers Market 40
Table 6. North America Programmable Logic Controllers Market by Component, 2022-2032, $ mn 48
Table 7. North America Programmable Logic Controllers Market: Hardware by Type, 2022-2032, $ mn 51
Table 8. North America Programmable Logic Controllers Market: Services by Type, 2022-2032, $ mn 57
Table 9. Categories and Definition of PLCs by Product Type 61
Table 10. North America Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 61
Table 11. North America Programmable Logic Controllers Market: Nano PLC by Type, 2022-2032, $ mn 64
Table 12. North America Programmable Logic Controllers Market by Architecture, 2022-2032, $ mn 73
Table 13. North America Programmable Logic Controllers Market by Form, 2022-2032, $ mn 77
Table 14. North America Programmable Logic Controllers Market by Power Supply, 2022-2032, $ mn 81
Table 15. North America Programmable Logic Controllers Market by Application, 2022-2032, $ mn 85
Table 16. North America Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 96
Table 17. North America Programmable Logic Controllers Market by Country, 2022-2032, $ mn 108
Table 18. U.S. Programmable Logic Controllers Market by Component, 2022-2032, $ mn 112
Table 19. U.S. Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 112
Table 20. U.S. Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 112
Table 21. Canada Programmable Logic Controllers Market by Component, 2022-2032, $ mn 114
Table 22. Canada Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 114
Table 23. Canada Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 114
Table 24. Mexico Programmable Logic Controllers Market by Component, 2022-2032, $ mn 116
Table 25. Mexico Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 116
Table 26. Mexico Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 116
Table 27. Main Vendors and Product Offerings 119
Table 28. ABB Ltd.: Company Snapshot 122
Table 29. ABB Ltd.: Business Segmentation 123
Table 30. ABB Ltd.: Product Portfolio 123List of Figures:
Figure 1. Structure of Typical Programmable Logic Controllers 9
Figure 2. Research Method Flow Chart 14
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 17
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 19
Figure 5. North America Programmable Logic Controllers Market, 2022-2032, $ mn 22
Figure 6. Impact of COVID-19 on Business 26
Figure 7. Primary Drivers and Impact Factors of North America Programmable Logic Controllers Market 32
Figure 8. World Industrial Robotics Market by Shipment, 2022-2032, thousand units 35
Figure 9. World Vehicle Production by Car Type, 2019-2030, million units 36
Figure 10. World Crude Oil Production, 2000-2021, million tons 36
Figure 11. Primary Restraints and Impact Factors of North America Programmable Logic Controllers Market 37
Figure 12. Investment Opportunity Analysis 41
Figure 13. Porter’s Fiver Forces Analysis of North America Programmable Logic Controllers Market 44
Figure 14. Breakdown of North America Programmable Logic Controllers Market by Component, 2022-2032, % of Revenue 49
Figure 15. North America Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 49
Figure 16. North America Programmable Logic Controllers Market by Component: Hardware, 2022-2032, $ mn 50
Figure 17. North America Programmable Logic Controllers Market by Hardware: Processor, 2022-2032, $ mn 52
Figure 18. North America Programmable Logic Controllers Market by Hardware: Power Supply, 2022-2032, $ mn 53
Figure 19. North America Programmable Logic Controllers Market by Hardware: Input/Output, 2022-2032, $ mn 54
Figure 20. North America Programmable Logic Controllers Market by Hardware: Other Hardware, 2022-2032, $ mn 55
Figure 21. North America Programmable Logic Controllers Market by Component: Software, 2022-2032, $ mn 56
Figure 22. North America Programmable Logic Controllers Market by Component: Services, 2022-2032, $ mn 57
Figure 23. North America Programmable Logic Controllers Market by Services: Training, 2022-2032, $ mn 58
Figure 24. North America Programmable Logic Controllers Market by Services: Maintenance, 2022-2032, $ mn 59
Figure 25. North America Programmable Logic Controllers Market by Services: Consulting, 2022-2032, $ mn 60
Figure 26. Breakdown of North America Programmable Logic Controllers Market by Product Type, 2022-2032, % of Sales Revenue 62
Figure 27. North America Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 62
Figure 28. North America Programmable Logic Controllers Market by Product Type: Nano PLC, 2022-2032, $ mn 64
Figure 29. North America Programmable Logic Controllers Market by Nano PLC: Fixed Nano PLC, 2022-2032, $ mn 65
Figure 30. North America Programmable Logic Controllers Market by Nano PLC: Modular Nano PLC, 2022-2032, $ mn 66
Figure 31. Picture of Typical Small PLC Systems 67
Figure 32. North America Programmable Logic Controllers Market by Product Type: Micro/Small PLC, 2022-2032, $ mn 68
Figure 33. Picture of Typical Medium PLC Systems 69
Figure 34. North America Programmable Logic Controllers Market by Product Type: Medium PLC, 2022-2032, $ mn 70
Figure 35. North America Programmable Logic Controllers Market by Product Type: Large PLC, 2022-2032, $ mn 71
Figure 36. North America Programmable Logic Controllers Market by Product Type: Other Product Types, 2022-2032, $ mn 72
Figure 37. Breakdown of North America Programmable Logic Controllers Market by Architecture, 2022-2032, % of Sales Revenue 74
Figure 38. North America Addressable Market Cap in 2023-2032 by Architecture, Value ($ mn) and Share (%) 74
Figure 39. North America Programmable Logic Controllers Market by Architecture: Compact PLC, 2022-2032, $ mn 75
Figure 40. North America Programmable Logic Controllers Market by Architecture: Modular PLC, 2022-2032, $ mn 76
Figure 41. Breakdown of North America Programmable Logic Controllers Market by Form, 2022-2032, % of Revenue 78
Figure 42. North America Addressable Market Cap in 2023-2032 by Form, Value ($ mn) and Share (%) 78
Figure 43. North America Programmable Logic Controllers Market by Form: Rack Mounted Type, 2022-2032, $ mn 79
Figure 44. North America Programmable Logic Controllers Market by Form: Single-Box Type, 2022-2032, $ mn 80
Figure 45. Breakdown of North America Programmable Logic Controllers Market by Power Supply, 2022-2032, % of Revenue 82
Figure 46. North America Addressable Market Cap in 2023-2032 by Power Supply, Value ($ mn) and Share (%) 82
Figure 47. North America Programmable Logic Controllers Market by Power Supply: PLC with SMPS (230 VAC), 2022-2032, $ mn 83
Figure 48. North America Programmable Logic Controllers Market by Power Supply: PLC without SMPS (24 VDC), 2022-2032, $ mn 84
Figure 49. Breakdown of North America Programmable Logic Controllers Market by Application, 2022-2032, % of Revenue 86
Figure 50. North America Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 86
Figure 51. North America Programmable Logic Controllers Market by Application: Packaging & Labeling, 2022-2032, $ mn 87
Figure 52. North America Programmable Logic Controllers Market by Application: Material Handling, 2022-2032, $ mn 88
Figure 53. North America Programmable Logic Controllers Market by Application: Escalator & Elevator, 2022-2032, $ mn 89
Figure 54. North America Programmable Logic Controllers Market by Application: Process Control, 2022-2032, $ mn 90
Figure 55. North America Programmable Logic Controllers Market by Application: Industrial Equipment Control System, 2022-2032, $ mn 91
Figure 56. North America Programmable Logic Controllers Market by Application: Safety Monitoring & Control, 2022-2032, $ mn 92
Figure 57. North America Programmable Logic Controllers Market by Application: Energy Management, 2022-2032, $ mn 93
Figure 58. North America Programmable Logic Controllers Market by Application: Home & Building Automation, 2022-2032, $ mn 94
Figure 59. North America Programmable Logic Controllers Market by Application: Other Applications, 2022-2032, $ mn 95
Figure 60. Breakdown of North America Programmable Logic Controllers Market by Industry Vertical, 2022-2032, % of Revenue 97
Figure 61. North America Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 97
Figure 62. North America Programmable Logic Controllers Market by Industry Vertical: Automotive Industry, 2022-2032, $ mn 98
Figure 63. North America Programmable Logic Controllers Market by Industry Vertical: Chemicals Industry, 2022-2032, $ mn 99
Figure 64. North America Programmable Logic Controllers Market by Industry Vertical: Food & Beverage Industry, 2022-2032, $ mn 100
Figure 65. North America Programmable Logic Controllers Market by Industry Vertical: Oil & Gas Industry, 2022-2032, $ mn 101
Figure 66. North America Programmable Logic Controllers Market by Industry Vertical: Energy & Power Industry, 2022-2032, $ mn 102
Figure 67. North America Programmable Logic Controllers Market by Industry Vertical: Pulp & Paper Industry, 2022-2032, $ mn 103
Figure 68. North America Programmable Logic Controllers Market by Industry Vertical: Pharmaceutical Industry, 2022-2032, $ mn 104
Figure 69. North America Programmable Logic Controllers Market by Industry Vertical: Water and Wastewater Industry, 2022-2032, $ mn 105
Figure 70. North America Programmable Logic Controllers Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn 106
Figure 71. Breakdown of North America Programmable Logic Controllers Market by Country, 2022 and 2032, % of Revenue 108
Figure 72. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 109
Figure 73. U.S. Programmable Logic Controllers Market, 2022-2032, $ mn 111
Figure 74. Canada Programmable Logic Controllers Market, 2022-2032, $ mn 113
Figure 75. Programmable Logic Controllers Market in Mexico, 2022-2032, $ mn 115
Figure 76. Growth Stage of North America Programmable Logic Controllers Industry over the Forecast Period 117
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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