Safety Programmable Controller Market Share

Market Share of Safety Programmable Controller Industry

The safety programmable controller market is fragmented and the major players have used various strategies, such as new product launches, expansions,joint ventures, partnerships, and others, to increase their footprintin this market forsustainability in thelong run. The key players areRockwell Automation,ABB Group, Siemens AG, etc. Recent developments in the market are -

• May 2019 -nVent Electric PLC, a global leader in electrical connection and protection solutions, launched nVent’s RAYCHEM Elexant 4010i, the first smart, connected controller from the Elexant family. It is designed to provide a safe, reliable, and flexible control solution for industrial applications and the Elexant 4010i makes the control and maintenance of heat tracing technology smarter, safer and more cost-effective.

Safety Programmable Controllers Market Leaders

1. Rockwell Automation

2. ABB Group

3. Siemens AG

4. Schneider Electric SE

5. Treotham

*Disclaimer: Major Players sorted in no particular order