Asia Pacific Programmable Logic Controller (PLC) Market Size, Share, By Type (Hardware & Software (Nano PLC, Small PLC, Medium PLC, Large PLC, and Other Types) and Services), By End-user Industry (Food, Tobacco, & Beverage, Automotive, Chemical & Petrochemical, Energy & Utilities, Pharmaceuticals, Pulp & Paper, Oil & Gas, Water & Wastewater Treatment, and Other End-user Industries) and By Country (India, Japan, South Korea, China and Rest of Asia Pacific) - Trends, Analysis and Forecast till 2034

Report Code: PMI538824 | Publish Date: June 2024 | No. of Pages: 116

Asia Pacific Programmable Logic Controller Plc Market Overview

Asia Pacific Programmable Logic Controller (PLC) Market Size was valued at USD 3.81 Billion in 2024 and is projected to grow at a CAGR of 18.7% to reach USD 17.41 Billion by 2034.

The Asia Pacific Programmable Logic Controller (PLC) market is experiencing substantial growth, driven by rapid industrialization and technological advancements. PLCs, which are industrial digital computers used to control manufacturing processes such as assembly lines, robotic devices, or any activity that requires high-reliability control, are essential in modern industrial automation. The market is characterized by increasing investments in infrastructure development, expanding manufacturing sectors, and a growing emphasis on automation to enhance efficiency and productivity. As countries in the region continue to embrace Industry 4.0 and smart manufacturing, the PLC market in Asia Pacific is poised for significant expansion.

Asia Pacific Programmable Logic Controller Plc Market Dynamics

Key Drivers of Target Market:

Rapid Industrialization and Expansion of the Manufacturing Sector

A primary driving factor for the Asia Pacific PLC market is the rapid industrialization and expansion of the manufacturing sector in the region. Countries like China, India, and Southeast Asian nations are witnessing significant growth in their industrial base, driven by favorable government policies, foreign investments, and a burgeoning domestic market. The demand for efficient and reliable automation systems, such as PLCs, is increasing as manufacturers seek to enhance productivity, reduce operational costs, and maintain competitive advantages. PLCs provide precise control and automation capabilities critical for optimizing complex manufacturing processes, improving product quality, and minimizing downtime. The push towards smart manufacturing and the adoption of advanced technologies, such as IoT and AI, further amplify the need for sophisticated PLC systems that integrate seamlessly with modern industrial setups.

Technological Innovations and Integration with Advanced Systems

Another significant driving factor is the continuous technological innovations and the integration of PLCs with advanced systems. Modern PLCs are being developed with enhanced features, including higher processing power, greater memory capacity, and advanced connectivity options. Integrating cutting-edge technologies, such as machine learning, artificial intelligence, and big data analytics, enables PLCs to perform more complex tasks, provide real-time data insights, and facilitate predictive maintenance. Innovations such as modular and scalable PLCs allow industries to customize their automation solutions according to specific requirements and expand them as needed. The increasing adoption of smart sensors and IoT devices in industrial environments enhances the functionality of PLCs, enabling them to gather and analyze data from various sources, optimize processes, and improve operational efficiency. These technological advancements boost the performance and versatility of PLC systems and drive their widespread adoption across diverse industrial applications in the Asia Pacific region.

Restrains:

High Initial Costs and Limited Skilled Workforce

Despite the numerous benefits and growing adoption of PLCs, the market faces challenges such as high initial costs and a limited skilled workforce. Implementing PLC systems requires significant capital investment, including the cost of hardware, software, installation, and system integration. These expenses can be a significant barrier for small and medium-sized enterprises (SMEs) in developing countries, limiting their ability to deploy advanced automation solutions. Additionally, maintaining and upgrading PLC systems involves ongoing costs, including periodic updates, replacements, and the need for skilled personnel to manage and troubleshoot the systems. The need for more trained professionals proficient in PLC programming and maintenance is another critical challenge, as the effective operation of PLC systems relies on specialized technical knowledge. Addressing these challenges is essential for ensuring broader adoption and sustainable growth of the PLC market in the Asia Pacific region, necessitating efforts to reduce costs and enhance workforce training and development.

Asia Pacific Programmable Logic Controller Plc Market Segmentation

The market is segmented based on Type, End User Industry and Country.

Asia Pacific Programmable Logic Controller (PLC) Market Report Scope:

Attribute

Details

Market Size 2024

USD 3.81 Billion

Projected Market Size 2034

USD 17.41 Billion

CAGR Growth Rate

18.7%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Hardware & Software (Nano PLC, Small PLC, Medium PLC, Large PLC, and Other Types) and Services

By End User Industry - Food, Tobacco, & Beverage, Automotive, Chemical & Petrochemical, Energy & Utilities, Pharmaceuticals, Pulp & Paper, Oil & Gas, Water & Wastewater Treatment, and Other End-user Industries

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study, has segmented the Programmable Logic Controller (PLC) Market report based on Type, End User Industry, and Country:

Segmentation:

By Type:

  • Hardware & Software
  • Nano PLC
  • Small PLC
  • Medium PLC
  • Large PLC
  • Other Types
  • Services  

By End User Industry:

  • Food, Tobacco, & Beverage
  • Automotive
  • Chemical & Petrochemical
  • Energy & Utilities
  • Pharmaceuticals
  • Pulp & Paper
  • Oil & Gas
  • Water & Wastewater Treatment
  • Other End-user Industries

By Country:

  • India
  • Japan
  • South Korea
  • China
  • Rest of Asia Pacific

Asia Pacific Programmable Logic Controller Plc Market Key Players

The key players operating the Programmable Logic Controller (PLC) Market includes, ABB LTD., Delta Electronics, Inc., LKH PRECICON PTE LTD, SHENYANG VHANDY TECHNOLOGY CO., LTD., Panasonic Corporation, Mitsubishi Electric Corporation, ROCKWELL AUTOMATION, Omron Corporation.

Asia Pacific Programmable Logic Controller Plc Market Company Profile

  • ABB LTD., Inc. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Delta Electronics, Inc.
  • LKH PRECICON PTE LTD  
  • SHENYANG VHANDY TECHNOLOGY CO., LTD.
  • Panasonic Corporation, Ltd.
  • Mitsubishi Electric Corporation  
  • ROCKWELL AUTOMATION, INC.
  • Omron Corporation         

“*” marked represents similar segmentation in other categories in the respective section.

Asia Pacific Programmable Logic Controller Plc Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By End User Industry
      • Market Snippet, By Country
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis

Market Segmentation, By Type, Forecast Period Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hardware & Software
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Services
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, End User Industry, Forecast Period Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Food, Tobacco, & Beverage
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Chemical & Petrochemical
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Energy & Utilities
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pharmaceuticals
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pulp & Paper
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Oil & Gas
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Water & Wastewater Treatment
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Other End-user Industries
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Country, Forecast Period Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
    • ABB LTD.   
    • Delta Electronics, Inc.
    • LKH PRECICON PTE LTD  
    • SHENYANG VHANDY TECHNOLOGY CO., LTD.
    • Panasonic Corporation, Ltd.
    • Mitsubishi Electric Corporation  
    • ROCKWELL AUTOMATION, Inc.
    • Omron Corporation   

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Asia Pacific Programmable Logic Controller (PLC) Market is segmented into Type, End User Industry and Country.

Rapid industrialization and expansion of the manufacturing sector and technological innovations and integration with advanced systems.

The Programmable Logic Controller (PLC) Market is segmented by country into the U.S. and Canada. The U.S. is expected to dominate the Market due to its large Investments.

The key players operating the Programmable Logic Controller (PLC) Market includes, ABB LTD., Delta Electronics, Inc., LKH PRECICON PTE LTD, SHENYANG VHANDY TECHNOLOGY CO., LTD., Panasonic Corporation, Ltd., Mitsubishi Electric Corporation, ROCKWELL AUTOMATION, INC., Omron Corporation.