Global Programmable Automation Controllers Market Overview:
Programmable automation controller, also known as PAC, is an easy to configure PLC style device. It has various complex functions like loop control, latching, and data acquisition and delivery. It has an open architecture and incorporates modular design. It helps an array of devices, networks and systems communicate and operate with each other. It utilizes standard protocols and network technologies such as Ethernet, OLE for Process Control (OPC), and Structured Query Language (SQL).
As per latest study released by AMA Research, the Global Programmable Automation Controllers market is expected to see growth rate of 6.6%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technological Developments in the Field Of Controllers
Market Growth Drivers:
Rise in the Adoption of Automation Systems and Increased Demand for Machines with Higher Efficiency and Connectivity
Challenges:
Lack of Skilled Workforce
Restraints:
High Initial and Maintenance Cost
Opportunities:
Increase In the Research and Development Activities and Growing Demand for High Performance and Powerful Functionality Controller
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations.
Some of the key players profiled in the report are Advantech Co., Ltd. (Taiwan), Delta Energy Systems, Inc. (Taiwan), Emerson Electric Company (United States), General Electric (United States), Hollysys Automation Technologies (China), ICP DAS USA, Inc. (United States), MKS Instruments, Inc. (United States), Rockwell Automation, Inc. (United States), Schneider Electric SE (France) and Siemens AG (Germany). Additionally, following companies can also be profiled that are part of our coverage like Stirling Technical Engineering Ltd. (United Kingdom) and Yokogawa Electric Corporation (Japan). Analyst at AMA Research see United States Players to retain maximum share of Global Programmable Automation Controllers market by 2030. Considering Market by Product, the sub-segment i.e. Integrated Type will boost the Programmable Automation Controllers market.
Latest Market Insights:
In February 2019, Emerson has announced that it has completed the purchase of Intelligent Platforms from General Electric. The addition of Intelligent Platforms programmable logic controller (PLC) technologies will enable Emerson, a global leader in automation for process and industrial customers, to expand its capabilities in machine control and discrete applications.
In January 2023, Advantech a global leader in Industrial IoT, is proud to announce a range of embedded computing solutions featuring 13th Gen Intel Core Pentium Gold, and Celeron Desktop Processors. These comprise the SOM-C350R computer-on-module, the AIMB-588-B1, and AIMB-278-B1 industrial motherboards as well as the MIO-4370R 4-inch single-board computer, the EPC-B5588 edge intelligence system
What Can be Explored with the Programmable Automation Controllers Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Programmable Automation Controllers Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Programmable Automation Controllers
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Programmable Automation Controllers market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Programmable Automation Controllers market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Programmable Automation Controllers Manufacturers, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.