#Programmable Logic Controller (PLC) Market Forecast
Explore tagged Tumblr posts
writerblogs · 2 years ago
Text
Global Programmable Logic Controller Market Is Estimated To Witness High Growth Owing To Growing Industrial Automation
Tumblr media
The global Programmable Logic Controller (PLC) market is estimated to be valued at US$ 11.6 billion in 2021 and is expected to exhibit a CAGR of 5.4% over the forecast period of 2021 to 2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Programmable Logic Controllers (PLCs) are digital computers used to automate various industrial processes. They are used to control machinery and equipment on factory assembly lines, including robotic devices, motors, pumps, and other automated systems. PLCs offer numerous advantages such as high-speed processing, easy programming, reduced labor costs, enhanced productivity, improved accuracy, and increased product quality. With increasing automation across industries, the demand for PLCs is expected to witness significant growth. B) Market key trends: One key trend in the global Programmable Logic Controller market is the integration of IoT (Internet of Things) technology with PLCs. IoT integration enables real-time monitoring and control of industrial processes using cloud-based platforms. This integration allows operators to remotely monitor equipment performance, detect faults or malfunctions, optimize energy consumption, and improve overall operational efficiency. For example, Siemens AG offers the SIMATIC S7-1500 PLC range, which integrates IoT technology for advanced connectivity and data analytics. C) PEST Analysis: - Political: Governments worldwide are focusing on promoting industrial automation to improve productivity and reduce costs. This creates favorable regulatory environments for the adoption of PLCs. - Economic: Automation using PLCs helps industries achieve cost savings by reducing labor costs, improving energy efficiency, and minimizing production downtime. - Social: The growing adoption of PLCs helps enhance worker safety by replacing manual and hazardous tasks with automated systems. - Technological: Technological advancements such as IoT integration, cloud-based platforms, and advanced analytics are driving the growth of the PLC market. D) Key Takeaways: - The global Programmable Logic Controller Market is expected to witness high growth, exhibiting a CAGR of 5.4% over the forecast period, due to increasing industrial automation and the need for enhanced operational efficiency. - In terms of regional analysis, Asia Pacific is expected to be the fastest-growing and dominating region in the PLC market. This can be attributed to the rapid industrialization in countries like China, India, and South Korea. - Key players operating in the global Programmable Logic Controller market are ABB Ltd, Toshiba International Corporation, Hitachi Ltd, Emerson Electric Company, Robert Bosch GmbH, Panasonic Corporation, Omron Corporation, Honeywell International Inc., Siemens AG, Rockwell Automation, Schneider Electric SE, and Mitsubishi Electric Corporation. These players focus on product innovation, strategic partnerships, and mergers and acquisitions to gain a competitive edge in the market. In conclusion, the global Programmable Logic Controller market is expected to witness substantial growth due to the increasing demand for industrial automation and the benefits offered by PLCs. With advancements in technology and the integration of IoT, PLCs are becoming more efficient and capable of optimizing industrial processes. The Asia Pacific region is expected to lead the market growth, driven by rapid industrialization. Key players in the market are actively engaged in innovation and partnerships to stay competitive in this thriving industry.
0 notes
pinkpoetrydinosaur · 2 years ago
Link
The global programmable logic controller (PLC) market size reached US$ 14.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.38% during 2023-2028.
0 notes
businessindustry · 5 days ago
Text
0 notes
news24-amit · 10 days ago
Text
Programmable Logic Controller Market Set to Hit US$ 17.2 Bn with Strong Demand from Smart Industries
The global programmable logic controller (PLC) market, valued at US$ 11.6 Bn in 2022, is forecast to grow at a CAGR of 4.7% between 2023 and 2031, reaching a market value of US$ 17.2 Bn by the end of 2031, according to the latest industry insights. This growth is propelled by a surge in demand for industrial automation, smart manufacturing, and increased integration of the Industrial Internet of Things (IIoT).
Market Overview: A programmable logic controller (PLC) is a digital computer used to automate electromechanical processes, particularly in manufacturing environments. These devices are integral to the efficient operation of assembly lines, robotic devices, and any activity requiring high-reliability control and ease of programming. With increasing adoption across automotive, food & beverage, chemical, energy & utility, and construction industries, the global PLC market continues to expand in scope and application.
Market Drivers & Trends
The rising trend of smart factories and Industry 4.0 is among the most significant growth drivers. Manufacturers are increasingly adopting automation to reduce operational costs, improve productivity, and enhance precision. PLCs play a critical role in this transformation by allowing control over complex industrial processes with minimal human intervention.
Additionally, the growing need for data-driven decision-making, along with advancements in machine learning and artificial intelligence, is leading to deeper integration of PLCs in industrial settings. As automation becomes central to production and operational strategies, the demand for PLCs is expected to surge further.
Latest Market Trends
One of the most notable trends is the shift toward modular PLCs, which accounted for over 68.2% of the market share in 2022. These PLCs are gaining popularity due to their scalability and suitability for large-scale, complex automation tasks. Modular systems offer higher flexibility, can handle thousands of inputs/outputs, and support multitasking environments—making them ideal for high-volume manufacturing operations.
Another trend is the miniaturization of PLCs, which supports their deployment in compact systems and small machinery, especially in consumer electronics and smaller automated units.
Key Players and Industry Leaders
The competitive landscape is fragmented yet dominated by global industrial automation giants. Leading companies in the PLC market include:
Siemens
Rockwell Automation
Mitsubishi Electric Corporation
Schneider Electric
OMRON Corporation
ABB
Panasonic Corporation
Bosch Rexroth Corporation
Delta Electronics, Inc.
Honeywell International Inc.
These companies continue to drive innovation through strategic partnerships, R&D investments, and product expansions to enhance their market share and global footprint.
Recent Developments
Crouzet, in December 2022, launched Millennium Slim, the slimmest PLC in the world, tailored for compact industrial applications.
In July 2022, OMRON Corporation introduced the CP2E Micro PLC, designed for smaller devices and capable of data collection and machine-to-machine communication. This supports low-cost automation solutions for small- and mid-sized enterprises.
Electronics Corporation of India Limited (ECIL) released its own PLC and SCADA software in May 2022, targeting industrial control applications in Indian manufacturing ecosystems.
These product introductions underline the market’s commitment to technological advancement and responsiveness to evolving industrial demands.
Market Opportunities
The expansion of material handling systems, especially in e-commerce logistics, warehousing, and food processing industries, presents substantial growth potential for PLC integration. In material handling, PLCs streamline storage, movement, and tracking—drastically improving throughput and inventory management.
Additionally, the increasing popularity of energy-efficient manufacturing and sustainability initiatives provides ample opportunity for advanced PLC systems that help monitor and reduce energy consumption across production lines.
Gain a preview of important insights from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=32672
Future Outlook
The future of the programmable logic controller market lies in enhanced interoperability, cloud integration, and edge computing. With greater reliance on smart infrastructure and connected devices, PLCs are expected to evolve into more intelligent, connected controllers.
The incorporation of AI-powered PLCs is expected to revolutionize industrial automation by enabling predictive maintenance, self-diagnosis, and adaptive process control. As PLCs continue to advance, their use will extend beyond industrial sectors into smart cities, transportation systems, and building automation.
Market Segmentation
By Offering:
Hardware: CPU, I/O Modules, Power Supply, Memory System
Software
Services
By Type:
Compact PLC
Modular PLC
Nano, Micro, Small, Medium, and Large PLCs
By Application:
Material Handling
Packaging & Labeling
Process Control
Safety Monitoring
Energy Management
Home & Building Automation
Industrial Equipment Control
By End-use Industry:
Automotive
Energy & Utilities
Food & Beverage
Pharmaceuticals
Construction
Oil & Gas
Semiconductors & Electronics
Regional Insights
Asia Pacific held the largest market share of 36.3% in 2022, led by strong industrial growth in China, Japan, South Korea, and India. The increasing demand for smart manufacturing systems and compact automation solutions in the region is expected to maintain its dominance through 2031.
North America, with a market share of 26.4% in 2022, continues to grow due to early adoption of factory automation and significant investment in smart infrastructure in the U.S. and Canada.
Europe remains a hub for automation technology innovation, with countries like Germany, the U.K., and France focusing on Industry 4.0 implementation across automotive and manufacturing sectors.
Why Buy This Report?
This comprehensive report offers:
Detailed market size, forecast, and growth rate
In-depth competitive landscape and company profiling
Analysis of key market drivers, trends, and opportunities
Region-wise breakdown for strategic decision-making
Porter’s Five Forces, value chain, and trend analysis
Insights into technological developments and their impact
Market segmentation for customized investment strategies
With expert analysis and forward-looking insights, this report serves as a valuable resource for stakeholders, investors, industrial engineers, and policymakers seeking to navigate and capitalize on the fast-evolving programmable logic controller market.
Explore Latest Research Reports by Transparency Market Research: 5G Smart Antenna Market: https://www.transparencymarketresearch.com/5g-smart-antenna-market.html
Solid State Transformer Market: https://www.transparencymarketresearch.com/solid-State-transformer.html
Interactive Display Market: https://www.transparencymarketresearch.com/interactive-display-market.html
GaN Epitaxial Wafers Market: https://www.transparencymarketresearch.com/gan-epitaxial-wafers-market.html
About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact: Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com Email: [email protected]
0 notes
prachicmi2 · 1 month ago
Text
Programmable Logic Controller Market Anticipated to Grow Owing to Automation Demand
Tumblr media
The Global Programmable Logic Controller Market is estimated to be valued at USD 12.40 Bn in 2025 and is expected to exhibit a CAGR of 4.3% over the forecast period 2025 to 2032. Programmable logic controllers (PLCs) represent a critical segment of industrial automation technology, designed to monitor inputs, make logic-based decisions, and control outputs in real time. Functioning as ruggedized computers, PLCs offer unparalleled reliability, scalability, and flexibility across manufacturing, automotive, food & beverage, and oil & gas sectors. In the context of Industry 4.0, where digitalization and connectivity drive operational excellence, Programmable Logic Controller Market Insights serve as the foundational element for implementing smart factories, predictive maintenance practices, and energy management systems. By providing advanced diagnostics, traceability, and easy programming through ladder logic or structured text, these controllers reduce downtime, lower maintenance costs, and enhance business growth by boosting overall equipment effectiveness.
Get more insights on,Programmable Logic Controller Market
0 notes
datastring · 2 months ago
Text
Nigeria, Indonesia, and Turkey: The New Frontiers for Oscillating Granulators Market Players
Nigeria, Indonesia, and Turkey are rapidly emerging as high-growth markets within the global Oscillating Granulators industry. With the market currently valued at $439.5 million, these three countries are forecasted to experience compound annual growth rates (CAGR) ranging from 6.1% to 8.7% between 2025 and 2030. This surge is primarily driven by rising demand in pharmaceutical manufacturing and food processing—two industries where granulators are essential for precision granulation and particle size control.
Check detailed insights here - https://datastringconsulting.com/industry-analysis/oscillating-granulators-market-research-report
Expanding Role in Food and Pharmaceutical Sectors
Oscillating granulators are widely utilized in the food processing sector to ensure uniform particle sizes during the size reduction and sieving phases. These machines help maintain the physical integrity of food products during granulation, offering efficiency without compromising quality. Prominent industry names such as GEA Group and Sotuken have successfully integrated oscillating granulators into their food production lines to meet stringent quality standards.
In the pharmaceutical industry, oscillating granulators play a critical role in the formulation process. They ensure consistent granule size for tablet compression and capsule filling, a necessity for dose accuracy and stability. The rising focus on automation and compliance with Good Manufacturing Practices (GMP) continues to propel adoption.
Technological Advancements Driving Efficiency
The global oscillating granulators market is undergoing a digital transformation. The integration of programmable logic controllers (PLCs) has significantly enhanced machine performance. These controllers allow operators to regulate oscillation speed, frequency, and timing with high precision, reducing manual intervention and streamlining production. Moreover, the growing adoption of AI and machine learning in pharmaceutical and chemical granulation processes is optimizing outcomes and enabling predictive maintenance, which enhances machine longevity and minimizes downtime.
Global and Regional Growth Trends
From a global perspective, the Oscillating Granulators market is projected to grow from $439.5 million in 2024 to $1,056.5 million by 2035, reflecting a robust CAGR of 8.3%. North America remains a dominant force in the market, driven by its high-tech pharmaceutical and chemical sectors. The region's demand is shaped by increasing automation, focus on energy-efficient equipment, and the need for compact, high-speed granulators that align with waste reduction goals.
However, competition in North America is intense, with well-established players setting high performance and compliance benchmarks. New entrants face challenges in breaking into the market due to these elevated standards and entrenched supplier relationships.
Industry Landscape and Innovation
Key manufacturers—including GEA Group, SaintyCo, The Elizabeth Companies, Alexanderwerk, Cadmach Machinery, Frewitt Fabrique de machines SA, Chamunda Pharma Machinery, SOTAX Group, and Kevin Process Technologies Pvt. Ltd.—are actively innovating to capture market share. Strategic collaborations, investment in R&D, and an increasing focus on smart granulation systems are key approaches adopted to stay competitive.
Market Segmentation and Use Cases
Oscillating granulators are segmented by product types (horizontal and vertical), applications (pharmaceutical, chemical & fertilizer, food & beverage), and technology types (mechanical and digital). End-users range from research laboratories and pharmaceutical manufacturers to food processing units, reflecting the versatile utility of these machines across industries.
About DataString Consulting
DataString Consulting provides deep market intelligence and strategic insights that help organizations craft successful business roadmaps. With over three decades of combined experience in market research and strategy advisory, DataString supports companies in expanding into new territories, growing their total addressable markets, and diversifying revenue streams. With continuous monitoring across more than 15 industries and 60 sub-sectors, DataString helps businesses cut through the noise and discover new opportunities for innovation, growth, and market penetration.
0 notes
researchyblog · 3 months ago
Text
Europe Water and Wastewater Treatment Market: Emerging Trends, Regulatory Push, and Growth Opportunities
Market Overview
The Europe Water and Wastewater Treatment market is experiencing significant growth due to several key factors, including the increasing prevalence of waterborne diseases, the rapid depletion of freshwater resources, the growing push for zero liquid discharge, and stringent government regulations concerning water treatment. However, the market faces challenges such as high installation, maintenance, and operational costs, which act as significant restraints. Despite these challenges, the growing demand for energy-efficient and advanced water treatment technologies is expected to create new growth opportunities. A major obstacle to market expansion is the lack of proper waste collection and treatment infrastructure in certain parts of Europe, which hampers the full-scale adoption of water and wastewater treatment solutions.
Get Sample Copy @ https://www.meticulousresearch.com/download-sample-report/cp_id=5664
Rising Government Initiatives Driving Market Growth
Government initiatives and regulations are playing a pivotal role in the growth of the water and wastewater treatment market in Europe. Regulatory frameworks for water and wastewater treatment technologies are becoming increasingly strict as governments across Europe recognize the need to address water contamination and ensure public health. To promote the adoption of advanced water treatment technologies, governments and financial institutions are offering grants and financial aid to develop new treatment facilities and upgrade existing infrastructure.
For example, in March 2025, the European Investment Bank (EIB) signed a €70 million (USD 74.1 million) grant agreement with the government of North Macedonia to establish a wastewater treatment plant in Skopje. This initiative aims to enhance the city’s wastewater management infrastructure and reduce pollution. Similarly, in August 2022, the EIB announced €50 million (USD 52.9 million) in financing to improve wastewater treatment facilities across 36 municipalities where Veritas operates integrated water services. These initiatives reflect the growing commitment of European governments to improve water infrastructure and wastewater treatment capabilities through financial support and policy interventions.
Additionally, the European Union (EU) has introduced several regulations to ensure the quality and safety of drinking water and wastewater. The EU’s Water Framework Directive and the Urban Waste Water Treatment Directive set specific guidelines for the management of wastewater, including discharge limits for pollutants and the adoption of advanced treatment technologies. The increased enforcement of these regulations is encouraging municipalities and industries to invest in water and wastewater treatment infrastructure, driving market growth.
Market Segmentation by Offering
The Europe water and wastewater treatment market can be segmented based on the type of offering, including treatment technologies, treatment chemicals, process control and automation, and design, engineering, and construction services.
Process Control and Automation Segment
The process control and automation segment is projected to register the highest compound annual growth rate (CAGR) during the forecast period. The increasing need to monitor and control wastewater treatment plants efficiently and meet government-mandated water quality standards is driving the demand for process control and automation systems. Automation technologies, such as Supervisory Control and Data Acquisition (SCADA) systems and Programmable Logic Controllers (PLCs), help improve the operational efficiency of water and wastewater treatment plants. These systems enable real-time monitoring of plant performance, early detection of faults, and automatic adjustment of treatment processes to ensure compliance with regulatory standards.
Treatment Technologies Segment
The treatment technologies segment includes various advanced methods for treating water and wastewater, such as membrane separation, reverse osmosis (RO), ultrafiltration (UF), microfiltration (MF), and nanofiltration (NF). Sludge management technologies, including activated sludge treatment and clarification, are also part of this segment. Membrane bioreactors (MBR), ultraviolet (UV) and ozone treatment, and dissolved air flotation (DAF) are other popular treatment technologies gaining traction in the European market. The rising adoption of these technologies is driven by their ability to provide higher efficiency in removing contaminants and improving water quality.
Treatment Chemicals Segment
Treatment chemicals are used to enhance the efficiency of water and wastewater treatment processes. These chemicals include coagulants, flocculants, disinfectants, and corrosion inhibitors. The growing need to treat industrial and municipal wastewater is driving the demand for treatment chemicals across Europe.
Market Segmentation by Type
The market is also segmented based on the type of water and wastewater treatment. The wastewater treatment segment is expected to register the highest CAGR during the forecast period due to increased industrialization and urbanization. The rising awareness about environmental pollution, the growing need for recycling and reusing wastewater, and the increasing focus on sustainable water management practices are driving the growth of the wastewater treatment segment.
Wastewater treatment processes involve physical, chemical, and biological methods to remove contaminants and produce treated water that can be safely discharged into the environment or reused for industrial and agricultural purposes. The adoption of technologies such as MBR, RO, and UV treatment is helping industries and municipalities improve the efficiency of wastewater treatment.
The water treatment segment is also witnessing steady growth, driven by the increasing demand for clean and safe drinking water. The adoption of membrane filtration, ion exchange, and advanced oxidation processes (AOP) is helping improve the quality of drinking water across Europe.
Get Full Report @ https://www.meticulousresearch.com/product/europe-water-and-wastewater-treatment-market-5664
Market Segmentation by Application
The Europe water and wastewater treatment market is segmented into municipal and industrial applications.
Municipal Applications
Municipal applications account for a significant share of the market, as governments and local authorities invest in upgrading public water and wastewater infrastructure. Municipal wastewater treatment plants are adopting advanced technologies to improve water quality and meet regulatory standards. The growing urban population and rising water consumption are driving the demand for municipal water treatment solutions.
Industrial Applications
The industrial applications segment is expected to register the highest CAGR during the forecast period. Industries such as food and beverages, pharmaceuticals, chemicals, power generation, and mining are increasingly adopting advanced water and wastewater treatment technologies to meet stringent environmental regulations and reduce water consumption.
Food and Beverages Industry – The food and beverages sector is a major consumer of water and a significant contributor to wastewater generation. Companies in this sector are investing in advanced treatment technologies to reduce water consumption, recycle wastewater, and improve product quality.
Pharmaceutical and Chemical Industry – The pharmaceutical and chemical industries generate complex wastewater that requires specialized treatment solutions. Technologies such as activated carbon filtration, reverse osmosis, and advanced oxidation are widely used to treat industrial wastewater from these sectors.
Power Generation – Power plants require large quantities of water for cooling and steam generation. The increasing focus on reducing water consumption and improving water reuse is driving the adoption of advanced water treatment technologies in the power generation sector.
Mining and Petrochemical Industry – The mining and petrochemical sectors produce wastewater containing heavy metals, hydrocarbons, and other pollutants. The adoption of membrane separation and chemical treatment technologies is helping these industries improve wastewater management and meet regulatory standards.
Market Segmentation by Country/Region
Geographically, the Europe water and wastewater treatment market is segmented into Germany, France, the UK, Italy, Spain, Poland, Switzerland, Sweden, Belgium, Denmark, and the rest of Europe.
France – Fastest-Growing Country Market
France is expected to record the fastest growth rate during the forecast period. The increasing adoption of advanced water and wastewater treatment technologies, such as membrane filtration and activated sludge treatment, is driving the growth of the French market. Stringent regulations on wastewater discharge and the rising focus on sustainable water management are encouraging industries and municipalities to invest in advanced treatment solutions.
Germany – Largest Market Share
Germany is one of the largest markets for water and wastewater treatment in Europe. The country’s well-established industrial base and strong regulatory framework for water management are driving the adoption of advanced treatment technologies. The German government’s commitment to improving water infrastructure and promoting sustainable water management practices is supporting market growth.
Competitive Landscape
The Europe water and wastewater treatment market is highly competitive, with the presence of several leading players. The key market players include:
Suez Environment S.A. (France)
Veolia Environnement S.A. (France)
Xylem, Inc. (U.S.)
DuPont de Nemours, Inc. (U.S.)
3M Company, Inc. (U.S.)
Pentair plc (U.K.)
United Utilities Group plc (U.K.)
Kingspan Group plc (U.K.)
The Dow Chemical Company (U.S.)
BASF SE (Germany)
Trojan Technologies, Inc. (U.S.)
Golder Associates, Inc. (U.S.)
These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position and expand their product portfolios. For instance, in 2024, Suez Environment announced the acquisition of a leading membrane filtration company to enhance its product offerings and improve its competitive edge in the market.
Get Sample Copy @ https://www.meticulousresearch.com/download-sample-report/cp_id=5664
0 notes
industrynewsupdates · 4 months ago
Text
An In-Depth Look at the Growth of Ultrasonic Cleaning Market
The global ultrasonic cleaning market size is expected to reach USD 2.47 billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The growth of the market can be attributed to the rapid proliferation of connected and intelligent machines across diverse industries underscoring the critical need for effective maintenance and cleaning solutions. Furthermore, the evolution of cutting-edge technologies, such as data storage for cleaning processes, programmable logic controllers (PLCs), and statistical process analysis, is driving the widespread adoption of ultrasonic cleaning systems across industries.
The rising launches of products with a wide range of use cases are anticipated to drive the growth of the market. For instance, in February 2021, Omegasonics, a U.S.-based manufacturer announced the launch of ultrasonic cleaning machines specifically designed for musical instruments. The manufacturing of these machines was aimed at providing surgical-grade cavitation for cleaning brass, woodwind, and percussion instruments.
The relentless demand for precision cleaning solutions in industries such as electronics and medical devices is anticipated to fuel the market’s growth. Furthermore, environmental consciousness promotes adopting water-based, eco-friendly ultrasonic cleaning methods. In addition, the integration of advanced technologies, such as data analytics and automation, ensures more efficient and precise cleaning processes, thereby driving the growth of the market over the forecast period.
The global pandemic had a significant impact on the growth of the market. The disruption in the supply chain led to production shutdowns and reduced manufacturing capacity, particularly in industries, including steel and other manufacturing industries leading to the lowered demand for ultrasonic cleaning systems. However, post the COVID-19 pandemic, the demand for ultrasonic cleaners increased owing to the growing concerns related to hygiene.
Gather more insights about the market drivers, restrains and growth of the Ultrasonic Cleaning Market
Ultrasonic Cleaning Market Report Highlights
• In terms of product, the benchtop segment dominated the market in 2022 with a revenue share of more than 46.0%. The growth of the benchtop segment can be attributed to the increasing adoption of benchtop ultrasonic cleaners due to their compact and versatile cleaning systems
• In terms of industry, the automotive segment is anticipated to witness the fastest CAGR of 7.9% over the forecast period as the automotive segment increased the adoption of ultrasonic cleaners for cleaning automotive parts. The ultrasonic cleaners precisely clean automotive components, such as fuel injectors, engine parts, brake components, and transmission parts
• The North American region dominated the market in 2022 with a revenue share of more than 28.0%. The vast structure of the U.S. military is anticipated to drive the demand for industrial cleaning requirements, thereby fueling regional growth
Ultrasonic Cleaning Market Segmentation
Grand View Research has segmented the global ultrasonic cleaning market based on product, industry, and region:
Ultrasonic Cleaning Product Outlook (Revenue, USD Million, 2017 - 2030)
• Benchtop
• Standalone
• Multistage
Ultrasonic Cleaning Industry Outlook (Revenue, USD Million, 2017 - 2030)
• Automotive
• Healthcare
• Food & Beverage
• Metal
• Electrical & Electronics
• Aerospace & Defense
• Others
Ultrasonic Cleaning Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East & Africa
o The Kingdom Of Saudi Arabia (KSA)
o UAE
o South Africa
List of Key Players in the Ultrasonic Cleaning Market
• SharperTek
• Mettler Electronics Corp.
• L&R Manufacturing
• Elma Schmidbauer GmbH
• Steelco S.p.A.
• Emerson Electric Co.
• GT Sonic
• Kemet International Limited
• Crest Ultrasonics Corporation
• Ultrasonic LLC
Order a free sample PDF of the Ultrasonic Cleaning Market Intelligence Study, published by Grand View Research.
0 notes
vikassagaar · 4 months ago
Text
𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗮𝗯𝗹𝗲 𝗟𝗼𝗴𝗶𝗰 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝗹𝗲𝗿 (𝗣𝗟𝗖) 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗡𝗲𝘅𝘁 𝗪𝗮𝘃𝗲 𝗼𝗳 𝗜𝗻𝗱𝘂𝘀���𝗿𝗶𝗮𝗹 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻
Programmable Logic Controller Market size is estimated to reach US$18.1 billion by 2030, growing at a CAGR of 5.3% during the forecast period 2024-2030.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: 👉 https://lnkd.in/gk2g7wtS
𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬:
𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻:
The integration of PLCs with #Industry 4.0, IIoT, and AI is revolutionizing process control. Advanced features such as real-time monitoring, predictive maintenance, and #seamless device connectivity are #enhancing efficiency and reducing downtime.
𝗩𝗲𝗿𝘀𝗮𝘁𝗶𝗹𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗗𝗶𝘃𝗲𝗿𝘀𝗲 𝗦𝗲𝗰𝘁𝗼𝗿𝘀:
From #compact and modular PLCs designed for space-constrained applications to robust, large-scale systems used in process industries, PLCs are critical in #sectors like #manufacturing, energy, automotive, and building automation.
𝗚𝗹𝗼𝗯𝗮𝗹 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻:
While North America and Europe continue to be mature markets, the Asia-Pacific region is #poised for significant expansion due to rapid industrialization and strategic #government initiatives supporting smart manufacturing.
𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨: https://lnkd.in/gA7qPsjH
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Emerson | Parker Hannifin | General Electric Company
Eaton | AMETEK | Fortive | National Instruments Solutions | Moog Inc.
Johnson Controls | ITT Inc. | IMI PLC | Spectris plc | Renishaw | BAE Systems, Inc. | Smiths Group plc | Meggitt | ATS Automation, Inc | Magna International | Eaton
✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) https://lnkd.in/gwEC4xJh
Tumblr media
0 notes
healthcaremmr · 5 months ago
Text
The Programmable Logic Controller (PLC) market is experiencing significant growth, driven by the increasing demand for automation across various industries. 
 #ProgrammableLogicController #IndustrialAutomation #PLCMarket #Industry4.0 #IIoT
0 notes
marketresearch758 · 5 months ago
Text
PROFINET Cables Market Size, Share, and Demand Analysis: Trends and Growth Forecast from 2025 to 2032
The PROFINET Cables Market is poised for significant growth as industries continue to embrace industrial automation and IoT (Internet of Things) technologies to optimize production processes and increase operational efficiency. PROFINET (Process Field Network) is a popular industrial Ethernet protocol used in manufacturing and automation applications, ensuring high-speed and reliable data transmission between devices in real-time. The demand for PROFINET cables is directly tied to the increasing adoption of industrial networking solutions, and the market is expected to expand steadily over the forecast period.
Market Overview:
PROFINET cables are a vital component in the industrial automation ecosystem. They are designed to support high-speed data transmission for industrial systems and are widely used in applications such as factory automation, process control, robotics, and other IoT-enabled systems. These cables facilitate the reliable transfer of data between devices, ensuring efficient communication in highly demanding environments. The market for PROFINET cables is growing due to the increasing automation of manufacturing processes, the need for faster and more efficient data transfer, and the expansion of smart factories and industries.
The main advantage of PROFINET cables is their ability to deliver high-speed, real-time communication with low latency and excellent reliability, making them suitable for time-critical applications. They are also designed to operate in harsh industrial environments, offering robust protection against electrical interference, extreme temperatures, and mechanical stress.
Free Sample: https://www.statsandresearch.com/request-sample/31662-profinet-cables-market
Market Trends:
Industrial IoT Adoption: The integration of IoT in industrial operations is one of the primary drivers of the PROFINET cables market. The growing reliance on connected devices and smart machines in industries like manufacturing, automotive, and energy is boosting the demand for reliable networking solutions. PROFINET, being a key technology in industrial networking, is expected to see increased demand as more devices are connected to the network.
Industry 4.0: Industry 4.0, or the fourth industrial revolution, is characterized by the digitalization of industrial processes through automation, robotics, and data exchange. As industries increasingly adopt Industry 4.0 principles, the need for high-speed and reliable network communication systems, such as PROFINET, is rising. PROFINET cables are integral to the development of smart factories that require seamless communication between equipment, sensors, and control systems.
Rise in Automation in Manufacturing: The global push toward greater automation in manufacturing is driving the demand for PROFINET cables. These cables support the communication between different devices, such as PLCs (programmable logic controllers), sensors, actuators, and robots. With the increasing complexity and automation in industrial production lines, the requirement for stable, real-time data transfer is more critical than ever.
Shift Toward Ethernet-Based Communication: Ethernet-based communication protocols are becoming the standard in industrial automation due to their ability to support high bandwidth and large-scale data transmission. PROFINET, being Ethernet-based, is well-positioned to capitalize on this trend, as industries increasingly move away from traditional fieldbus systems toward Ethernet solutions.
Request Discount: https://www.statsandresearch.com/check-discount/31662-profinet-cables-market
Market Drivers:
Increasing Demand for High-Speed, Real-Time Data Transmission: With industrial applications becoming more complex and interconnected, the need for real-time data transfer and high-speed communication is growing. PROFINET cables provide the required bandwidth and low latency, which is essential for time-sensitive applications like robotics, process automation, and monitoring systems.
Safety and Reliability in Harsh Industrial Environments: PROFINET cables are engineered to withstand the challenging conditions found in industrial environments, such as high electromagnetic interference (EMI), extreme temperatures, and mechanical stress. These characteristics make PROFINET cables ideal for industries like oil and gas, automotive, and manufacturing, where reliability and safety are paramount.
Demand for Scalable and Flexible Networking Solutions: As businesses grow and evolve, their network needs become more complex. PROFINET cables provide scalability, supporting both small-scale applications and large, enterprise-level automation systems. The ability to scale network infrastructure while maintaining the performance and reliability of the system is a significant driver for PROFINET adoption.
Market Restraints:
High Installation and Maintenance Costs: While PROFINET cables offer many benefits, the initial installation and ongoing maintenance costs can be high, especially for industries that require a large number of cables for their network infrastructure. This cost can be a limiting factor for small and medium-sized enterprises (SMEs) looking to adopt PROFINET systems.
Complexity in Integration: Integrating PROFINET cables into existing industrial network infrastructures can be complex, particularly in industries where older systems are in place. The need for technical expertise to ensure smooth integration and minimal disruption during installation may deter some companies from adopting PROFINET solutions.
Lack of Awareness in Emerging Markets: In some emerging markets, the awareness of PROFINET technology and its benefits is limited, hindering the widespread adoption of PROFINET cables. Educating businesses on the advantages of Ethernet-based communication systems is essential to drive market growth in these regions.
Market Segmentation:
The PROFINET cables market can be segmented based on:
Type of Cable:
Copper-Based Cables: Standard cables that are commonly used in industrial environments for data transmission.
Fiber Optic Cables: Used for high-speed, long-distance data transmission with minimal signal loss and electromagnetic interference.
Application:
Factory Automation: The use of PROFINET cables in automated production lines and machinery control.
Process Control: Used in industries like chemicals, pharmaceuticals, and oil and gas to control industrial processes.
Robotics and Motion Control: PROFINET cables support communication between robots, sensors, and actuators.
Smart Grids and Energy Management: Increasing adoption in energy sectors to support data exchange and monitoring.
End-User Industry:
Automotive
Manufacturing
Oil and Gas
Energy
Healthcare
Food and Beverage
Others
Regional Analysis:
North America: North America, particularly the United States, is a dominant player in the PROFINET cables market. The region is characterized by a high level of automation across various industries, including automotive, manufacturing, and energy. The widespread adoption of Industry 4.0 and smart factory initiatives is expected to continue fueling demand for PROFINET cables.
Europe: Europe is another key market, with Germany, the UK, and France leading the adoption of industrial automation technologies. The demand for PROFINET cables in Europe is driven by the region’s focus on manufacturing automation, the energy sector, and automotive industries, which require reliable and high-speed network solutions.
Asia-Pacific: The Asia-Pacific region is expected to witness rapid growth due to the increasing industrial automation in countries like China, Japan, and India. The growing manufacturing sector and the adoption of IoT-enabled devices are key drivers for PROFINET cable demand in this region.
Rest of the World: The Middle East, Latin America, and Africa are also seeing gradual adoption of PROFINET cables, especially in industries like oil and gas, energy, and manufacturing. As these regions continue to invest in automation and smart infrastructure, the demand for PROFINET cables is expected to rise.
Outlook:
The global PROFINET cables market is expected to witness substantial growth in the coming years, driven by the increasing demand for high-speed data transmission, industrial automation, and the adoption of IoT technologies. As industries continue to embrace digital transformation and smart manufacturing, the need for robust and reliable network solutions like PROFINET cables will only continue to grow.
However, challenges such as high installation costs and integration complexities may limit market penetration in some regions. Despite these challenges, the overall outlook for the PROFINET cables market remains positive, with significant opportunities for growth in both developed and emerging markets.
Full Report: https://www.statsandresearch.com/report/31662-profinet-cables-market/
0 notes
credenceresearchdotblog · 6 months ago
Text
The Optocoupler IC Market is projected to grow from USD 2716.48 million in 2024 to an estimated USD 4010.42 million by 2032, with a compound annual growth rate (CAGR) of 4.99% from 2024 to 2032. The global optocoupler integrated circuit (IC) market has witnessed significant growth over the past decade, driven by increasing applications in various industries, including automotive, consumer electronics, telecommunications, and industrial automation. Optocouplers, also known as optoisolators, are semiconductor devices that use light to transfer electrical signals between two isolated circuits. They provide critical benefits, such as noise immunity, electrical isolation, and protection from voltage spikes, making them indispensable in modern electronic systems.
Browse the full report https://www.credenceresearch.com/report/optocoupler-ic-market
Market Overview
The optocoupler IC market has experienced robust expansion due to technological advancements and the growing need for reliable, efficient electronic components. According to recent reports, the market is expected to grow at a compound annual growth rate (CAGR) of 6-8% from 2023 to 2030. The demand for optocoupler ICs is fueled by their ability to enhance safety and performance in applications requiring electrical isolation.
Key players in the market include Broadcom, Toshiba Corporation, ON Semiconductor, Renesas Electronics Corporation, and Vishay Intertechnology. These companies are investing heavily in research and development to introduce innovative products and meet the evolving demands of end-users.
Driving Factors
Increasing Demand for Electric Vehicles (EVs): The automotive sector, particularly the EV segment, has emerged as a major contributor to the growth of the optocoupler IC market. Optocouplers are used in battery management systems, inverters, and charging stations to ensure safe and efficient operation. The global push for sustainable transportation is expected to further boost demand.
Rising Adoption in Industrial Automation: The rise of Industry 4.0 and smart factories has led to increased adoption of optocouplers in industrial automation. They are widely used in programmable logic controllers (PLCs), motor drives, and robotics to provide reliable signal transmission and protect sensitive components from high voltages.
Growth in Consumer Electronics: Optocouplers play a crucial role in consumer electronics by providing electrical isolation in devices like smartphones, televisions, and home appliances. The growing consumer electronics market, especially in emerging economies, is driving the demand for optocoupler ICs.
Advancements in Telecommunications: With the proliferation of 5G networks and data centers, optocouplers are being increasingly utilized in telecommunications infrastructure to ensure high-speed and noise-free signal transmission. Their use in fiber optic communication systems further enhances their market potential.
Challenges and Opportunities
Despite its promising growth, the optocoupler IC market faces challenges such as high costs associated with advanced optocoupler technologies and the availability of alternative solutions like magnetic isolators. However, the increasing focus on energy-efficient and compact electronic devices presents significant opportunities for market players.
Future Outlook
The future of the optocoupler IC market looks bright, with continuous advancements in technology and expanding application areas. Emerging trends, such as the integration of optocouplers with IoT devices and the development of miniaturized, high-performance ICs, are expected to drive innovation and growth. Additionally, the emphasis on renewable energy sources, such as solar and wind power, will create new avenues for optocoupler applications.
Key Player Analysis:
Broadcom Inc.
Toshiba Corporation
ON Semiconductor
Vishay Intertechnology
Renesas Electronics Corporation
Microchip Technology Inc.
NTE Electronics, Inc.
Lite-On Technology Corporation
Sharp Corporation
Avago Technologies (now part of Broadcom
Segmentation:
Based on Product Type:
Phototransistor Optocouplers
Photometric Optocouplers
Photodiode Optocouplers
Based on Technology:
Traditional Optocouplers
High-Speed Optocouplers
Miniaturized Optocouplers
Based on End-User:
Automotive
Industrial Automation
Consumer Electronics
Telecommunications
Renewable Energy
Based on Region:
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Browse the full report https://www.credenceresearch.com/report/optocoupler-ic-market
Contact:
Credence Research
Please contact us at +91 6232 49 3207
Website: www.credenceresearch.com
0 notes
businessindustry · 5 months ago
Text
0 notes
news24-amit · 1 month ago
Text
Global SPC Market to Hit $1.17 Billion by 2035: Here’s Why It Matters
Tumblr media
The global Safety Programmable Controller (SPC) market, valued at USD 524.29 million in 2024, is poised for substantial expansion, projected to reach USD 1,171.66 million by 2035. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 7.40% during the forecast period from 2025 to 2035, driven by rising safety demands, stringent regulatory frameworks, and increasing industrial automation.
Market Overview
A Safety Programmable Controller (SPC) is an advanced industrial control device designed specifically to manage safety-critical operations. Unlike standard programmable logic controllers (PLCs), SPCs comply with international safety standards such as IEC 61508 and ISO 13849, making them essential components in modern industrial settings. They control emergency stops, monitor safety light curtains, and manage safety interlocks with redundancy and self-diagnostics to minimize failure risks.
The flexibility of SPCs makes them indispensable across industries such as automotive, oil & gas, chemicals, food processing, and pharmaceuticals, where process safety and operational continuity are vital.
Market Drivers & Trends
1. Rising Industrial Automation
The global shift toward automation in manufacturing and process industries is a significant driver. As industrial operations become more complex and high-powered, the risk of workplace accidents also increases. SPCs ensure safe machine operation by continuously monitoring critical systems and initiating emergency responses when necessary.
2. Government Regulations and Safety Standards
With regulations such as OSHA, IEC 62061, and ISO 13849 becoming more stringent, industries are compelled to integrate advanced safety systems. SPCs are being adopted to maintain compliance and avoid costly penalties or operational shutdowns.
3. Integration with Industry 4.0 and IoT
The adoption of Industry 4.0 technologies and IoT is driving the demand for smart, connected safety systems. SPCs offer real-time data analytics and predictive maintenance capabilities, enhancing both safety and productivity.
Latest Market Trends
Miniaturization and Modular Design: The demand for compact safety PLCs is increasing, especially among SMEs seeking cost-effective solutions.
Real-time Monitoring: With the integration of IoT, SPCs now feature real-time diagnostics and alerts, allowing immediate response to hazards.
Customized Safety Solutions: Tailored solutions for industries like oil & gas and pharmaceuticals are gaining traction, with modular systems that scale as per need.
Gain a preview of important insights from our Report in this sample
Key Players and Industry Leaders
The market landscape is highly competitive and features key players such as:
Siemens AG
Schneider Electric SE
Rockwell Automation, Inc.
Mitsubishi Electric Corporation
ABB Ltd.
Honeywell International Inc.
IDEC Corporation
Keyence Corporation
Pilz GmbH & Co. KG
IFM Electronic GmbH
Sick AG
Omron Corporation
HIMA Group
These companies are investing in R&D, product innovation, and strategic collaborations to expand their market share and enhance global footprints.
Recent Developments
January 2025: IDEC launched the FS1B Safety Controller, offering improved configuration tools and system performance for high-risk industrial applications.
April 2024: IFM Electronic introduced a modular safety controller with enhanced communication capabilities, aimed at complex industrial setups requiring flexible and scalable safety solutions.
Market Opportunities
Emerging Economies: Rapid industrialization in countries like India, Brazil, and Vietnam presents significant growth opportunities for SPC providers.
Adoption in Non-traditional Sectors: Expansion into sectors such as renewable energy, utilities, and smart infrastructure will open new avenues.
Cybersecurity Integration: As cyber-physical systems grow, secure SPCs integrated with advanced cybersecurity measures are becoming increasingly desirable.
Future Outlook
The Safety Programmable Controller market is set for continuous growth, fueled by the increasing need for safe, compliant, and efficient industrial systems. The future will likely see cloud-enabled SPCs, AI-integrated safety systems, and enhanced interoperability across factory floors.
By 2035, the market will not only double in size but also transform in functionality, offering predictive, preventive, and connected safety solutions tailored to smart industrial ecosystems.
Market Segmentation
By Type:
Modular Safety PLC
Compact Safety PLC
By Application:
Assembly
Material Handling
Metal Working
Packaging
Robotics
Others (Welding, Shielding, etc.)
By End-use Industry:
Process Industries (56.90% share in 2024)
Chemicals
Food & Beverages
Metals & Mining
Oil & Gas
Pharmaceuticals
Pulp & Paper
Others
Discrete Industries
Automotive
Aerospace and Defense
Semiconductor and Electronics
Healthcare
Others
By Sales Channel:
Direct
Indirect
Regional Insights
East Asia led the market in 2024, capturing 29.88% of global revenue. The region benefits from:
A strong industrial base in China, Japan, and South Korea
Government-driven safety mandates
Rapid automation and adoption of Industry 4.0
North America and Western Europe follow closely due to well-established manufacturing sectors and early adoption of automation technologies.
Emerging regions such as South Asia, Middle East, and South America are anticipated to grow rapidly due to increasing awareness, infrastructure development, and foreign direct investments in manufacturing.
Frequently Asked Questions (FAQs)
Q1: What is the current size of the Safety Programmable Controller market? A1: As of 2024, the market is valued at US$ 524.29 million.
Q2: What is the expected market size by 2035? A2: The market is projected to reach US$ 1,171.66 million by 2035.
Q3: What CAGR is the market expected to register? A3: The market is forecast to grow at a CAGR of 7.40% from 2025 to 2035.
Q4: Which region dominates the global market? A4: East Asia, led by China, dominates with a 29.88% share in 2024.
Q5: Who are the leading players in the market? A5: Key players include Siemens, Schneider Electric, Rockwell Automation, ABB, Mitsubishi Electric, Omron, and Honeywell.
Q6: What are the key drivers of market growth? A6: Rising industrial automation, stricter safety regulations, and integration with Industry 4.0 and IoT.
Explore Latest Research Reports by Transparency Market Research: Nano Positioning Systems Market
Wireless Access Control Market
EMC Shielding and Test Equipment Market
Load Cell Market
About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact: Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com Email: [email protected]
0 notes
global-research-report · 6 months ago
Text
Navigating the Industrial Services Sector: Competitive Analysis and Trends
The global industrial services market size was estimated at USD 32.65 billion in 2023 and is projected to grow at a CAGR of 6.5% from 2024 to 2030. This growth can be attributed to the rapid progress in industrial automation, IoT, and AI significantly boosting demand for sophisticated industrial services. Companies are increasingly integrating these technologies to improve operational efficiency, reduce downtime, and enhance productivity. This technological integration not only optimizes processes but also enables the development of more advanced and reliable industrial services.
There is also a growing emphasis on predictive maintenance, which relies on data analytics and real-time monitoring to anticipate equipment failures and optimize maintenance schedules. The adoption of predictive maintenance solutions helps industries reduce operational costs and extend the lifespan of machinery, thus driving demand for these services. Increasing industrialization, especially in emerging economies, contributes to the expanding market. Regions such as Asia-Pacific are experiencing significant growth in manufacturing and production activities, leading to higher demand for industrial services. This industrial expansion in emerging markets is a key factor in overall market growth. 
Stringent regulatory requirements also play a crucial role. Compliance with safety and environmental regulations necessitates regular maintenance and servicing of industrial equipment, ensuring a steady demand for industrial services to maintain compliance and avoid penalties. These regulatory pressures drive the need for ongoing maintenance and upgrades. 
Industrial Services Market Report Highlights
Based on type, the operational improvement & maintenance segment led the market with the largest revenue share of 47.65% in 2023, due to its critical role in enhancing efficiency, reducing downtime, and prolonging equipment lifespan. 
Based on application, the distributed control system(DCS) segment led the market with the largest revenue share of 20.14% in 2023, due to its essential role in managing complex industrial processes with high reliability and precision. 
Based on end use, the oil and gas segment led the market with the largest revenue share of 28.36% in 2023. It is expected to maintain its dominance from 2024 to 2030, due to the sector's substantial reliance on industrial services for operational efficiency, safety, and regulatory compliance. 
North America dominated the industrial services market share of 34.66% in 2023, primarily due to its advanced industrial infrastructure and high level of technological adoption. The presence of key industries, including oil and gas, pharmaceuticals, and manufacturing, drives significant demand for industrial services.
Global Industrial Services Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global industrial services market report based on type, application, end-use, and region.
Type Outlook (Revenue, USD Million, 2017 - 2030)
Engineering & Consulting
Installation & Commissioning
Operational Improvement & Maintenance
Application Outlook (Revenue, USD Million, 2017 - 2030)
Distributed Control System (DCS)
Programmable Controller Logic (PLC)
Supervisory Control and Data Acquisition (SCADA)
Electric Motors & Drives
Valves & Actuators
Manufacturing Execution System
Others
End Use Outlook (Revenue, USD Million, 2017 - 2030)
Oil and Gas
Chemicals
Automotive
Pharmaceuticals
Others
Regional Outlook (Revenue, USD Million, 2017 - 2030)
North America
US
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
South Korea
Australia
Latin America
Brazil
Middle East and Africa (MEA)
KSA
UAE
South Africa
Order a free sample PDF of the Industrial Services Market Intelligence Study, published by Grand View Research.
0 notes
Text
Programmable Logic Controller (PLC) Market - Global Forecast To 2029
0 notes