PROGRAMMABLE LOGIC CONTROLLER MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Evolving application areas within process industries

Another key factor driving the Programmable Logic Controller Market is the increasing applications of programmable automation within various process industries. Process control has traditionally relied more on dedicated controllers and networked control systems. However, PLCs are now often preferred over alternative control system choices in many process automation uses due to their rugged nature and capacity to handle a diverse range of control requirements with ease.

PLCs are playing a greater role in optimizing complex processes within industries like chemicals, mining, oil and gas, pharmaceuticals, pulp and paper, and food and beverage. For example, in oil refineries, PLCs are used for controlling a wide array of critical unit operations and machinery. Their open architecture enables the easy integration of advanced process control and safety instrumentation functions. PLCs also offer advantages in the maintenance and diagnostics of process control systems. The rising demand for mass customization even within batch process manufacturing is driving more plants to deploy PLC controlled flexible processing systems. Mining operations also depend greatly on PLC automated heavy machinery for various on-site activities.

For instance, in July 2022, Omron Corporation a electronics company, developed CP2E Micro PLC designed for small devices, supporting data collection and machine-to-machine communication. CP2E is a highly effective solution for standalone machines where cost performance is crucial. This series of controllers offers an excellent option for flexible production environments that require machine monitoring and traceability.