Programmable Logic Controller Market Segmentation:
Product Type Segment Analysis
The modular PLC segment in the programmable logic controller market is estimated to gain the largest revenue share of about 65% in the year 2035. The increased efficiency of current PLCs over compact and rack one in the automated manufacturing processes can contribute to the segment's rise. Modern PLCs are primarily integrated for more complex uses, such as computer vision-based quality control, AI-driven shipping, and predictive maintenance. They have significantly greater power than the other two PLCs. Modular PLCs are commonly used in applications that require a large number of inputs in addition to outputs, including process management in the manufacturing industry. As a result, it can store a large amount of data and execute multiple activities.
End User Segment Analysis
Programmable logic controller (PLC) market from the automotive segment is expected to garner a significant share of around 30% in the year 2035. The growth of the segment is majorly attributed to the rising integration of automation and robots in automotive manufacturing. The automotive sector employs the most robots in facilities around the world, with operational stock exceeding one million units. This is almost one-third of the total installed across all industries. Most automakers that have previously invested in traditional industrial robots for basic assembly are now investing in collaborative applications for the final putting together and finishing activities. This is projected to change as automotive robotic get smaller, more versatile, and easier to program.
Our in-depth analysis of the global programmable logic controller market includes the following segments:
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