Market Share of Programmable Logic Controller (PLC) Industry
The programmable logic controller (PLC) Market is moderately fragmented, with major players such as ABB Ltd, Mitsubishi Electric Corporation, Schneider Electric SE, Rockwell Automation Inc, and Siemens AG. Players in the market are adopting strategies like partnerships, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- July 2023 - Siemens launched a complete virtual programmable logic controller. The Simatic S7-1500V expands the company's existing Simatic portfolio to special market requirements, including virtual hosting of PLC computing. According to the company, Simatic S7-1500V is part of Industrial Operations X, under which the company is consistently focusing on integrating IT and software capabilities into the automation landscape.
- November 2022 - Arduino announced its "first micro PLC," the Opta, a powerful gadget devised with the Industrial Internet of Things (IIoT) at the fore. In addition, it is designed in partnership with Finder. It uses an STMicro STM32H747XI dual-core microcontroller, which contains a single high-performance Arm Cortex-M7 core operating at up to 480MHz & a lower-power Cortex-M4 core driving at up to 240MHz alongside a disseminated floating-point unit (FPU), Chrom-ART accelerator, a hardware JPEG accelerator, 2MB flash, a total of 1,056kB of RAM plus 1,024-byte and 4kB backup static RAM (SRAM).
PLC Market Leaders
ABB Ltd.
Mitsubishi Electric Corporation
Schneider Electric SE
Rockwell Automation, Inc.
Siemens AG
*Disclaimer: Major Players sorted in no particular order
