Market Overview:
The global PLC software market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automation in industries such as automotive, electric power, chemical, and others. Additionally, the growing trend of Industry 4.0 is also contributing to the growth of this market. Based on type, ladder logic accounted for a major share of the global PLC software market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its ability to provide an intuitive programming interface that helps reduce development time and improve productivity.
Product Definition:
PLC software is a computer program that enables a PLC to control an industrial process. It can be used to read input values, generate output values, and communicate with other devices in the process.
Ladder Logic:
Ladder logic is a special purpose computer program designed to help process control instructions in a systematic manner. Ladder logic programs are used for controlling and monitoring processes at various production facilities such as chemical, oil & gas, power generation plants and refineries among others.
Functional Block Diagrams:
Functional Block Diagrams (FBD) is a graphical representation of the functional flow of an application. It shows all the possible inter-connections between components/elements in a system and their functionality. The popularity of FBD has increased with rising need for software developers to have better understanding about how various modules/components work together, which helps them develop efficient applications.
Application Insights:
The industrial application segment accounted for the largest market share in 2017 and is projected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand from end-use industries such as automotive, oil & gas, and electric power industry. The software aids manufacturers in designing complex systems with ease by providing an interactive schematic that represents all the interconnection between components within a system. This helps them analyze different options quickly while designing circuitries or PCBs for their products thus driving its adoption across various industries worldwide.
Automotive industry is one of the rapidly growing markets owing to rising sales of passenger cars and light commercial vehicles (LCVs). PLC software has been gaining popularity across this sector due to its ability to monitor & control numerous vehicle functions such as engine speed, air intake/outtake temperature, fuel supply/demand etc.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising industrialization, increasing government investments in automation, and rapid development of manufacturing facilities by foreign companies. China has become a hub for manufacturing with advanced technologies supported by low-cost labor force. This factor is anticipated to boost demand over the coming years.
North America PLC software market was valued at USD X million in 2017 owing to high acceptance of Ladder Logic (LL) based programs among manufacturers operating large automated plants as these programs are easy to use and understand than Functional Block Diagrams (FBD) based programs which require detailed knowledge of electronics & microelectronics technology used in plant control systems. Moreover, growing adoption of programmable logic controllers across various industries such as oil & gas industry; food processing industry; power generation; water treatment etc.
Growth Factors:
- Increasing demand for automation in industries
- Rising adoption of industrial IoT and M2M technologies
- Proliferation of cloud-based PLC software solutions
- Growing popularity of Industry 4.0 and smart factories
- Emergence of next-generation PLC platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
PLC Software Market Research Report
By Type
Ladder Logic, Functional Block Diagrams
By Application
Automotive Industry, Electric Power Industry, Chemical Industry, Other
By Companies
Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens, ABB, Beckhoff, Bosch Rexroth, GE, Honeywell International, IDEC, Hitachi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global PLC Software Market Report Segments:
The global PLC Software market is segmented on the basis of:
Types
Ladder Logic, Functional Block Diagrams
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industry, Electric Power Industry, Chemical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Electric
- Rockwell Automation
- Schneider Electric
- Siemens
- ABB
- Beckhoff
- Bosch Rexroth
- GE
- Honeywell International
- IDEC
- Hitachi
Highlights of The PLC Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ladder Logic
- Functional Block Diagrams
- By Application:
- Automotive Industry
- Electric Power Industry
- Chemical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PLC Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PLC software is a computer program that controls and monitors industrial processes.
Some of the major players in the plc software market are Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens, ABB, Beckhoff, Bosch Rexroth, GE, Honeywell International, IDEC, Hitachi.
The plc software market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PLC Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PLC Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PLC Software Market - Supply Chain
4.5. Global PLC Software Market Forecast
4.5.1. PLC Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PLC Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. PLC Software Market Absolute $ Opportunity
5. Global PLC Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PLC Software Market Size and Volume Forecast by Type
5.3.1. Ladder Logic
5.3.2. Functional Block Diagrams
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PLC Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PLC Software Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Electric Power Industry
6.3.3. Chemical Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PLC Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PLC Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PLC Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PLC Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PLC Software Demand Share Forecast, 2019-2029
9. North America PLC Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PLC Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PLC Software Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Electric Power Industry
9.4.3. Chemical Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PLC Software Market Size and Volume Forecast by Type
9.7.1. Ladder Logic
9.7.2. Functional Block Diagrams
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PLC Software Demand Share Forecast, 2019-2029
10. Latin America PLC Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PLC Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PLC Software Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Electric Power Industry
10.4.3. Chemical Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PLC Software Market Size and Volume Forecast by Type
10.7.1. Ladder Logic
10.7.2. Functional Block Diagrams
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PLC Software Demand Share Forecast, 2019-2029
11. Europe PLC Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PLC Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PLC Software Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Electric Power Industry
11.4.3. Chemical Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PLC Software Market Size and Volume Forecast by Type
11.7.1. Ladder Logic
11.7.2. Functional Block Diagrams
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Atractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PLC Software Demand Share, 2019-2029
12. Asia Pacific PLC Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PLC Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PLC Software Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Electric Power Industry
12.4.3. Chemical Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PLC Software Market Size and Volume Forecast by Type
12.7.1. Ladder Logic
12.7.2. Functional Block Diagrams
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PLC Software Demand Share, 2019-2029
13. Middle East & Africa PLC Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PLC Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PLC Software Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Electric Power Industry
13.4.3. Chemical Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PLC Software Market Size and Volume Forecast by Type
13.7.1. Ladder Logic
13.7.2. Functional Block Diagrams
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PLC Software Demand Share, 2019-2029
14. Competition Landscape
14.1. Global PLC Software Market: Market Share Analysis
14.2. PLC Software Distributors and Customers
14.3. PLC Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rockwell Automation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ABB
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Beckhoff
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bosch Rexroth
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IDEC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hitachi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook