Programmable Logic Controller (PLC) has been extensively used in the manufacturing industry to automate the manufacturing processes, including making logical decisions in the assembly line, controlling robotic devices, and diagnosing process faults. The recent increase in industrial automation and advent of Industry 4.0 have bolstered the demand for PLCs. The suppliers in the PLC market are looking for innovation including compact PLCs and increased I/O capacity of PLCs that enhances the functionality of devices.
Top 5 PLC Vendors
#1 Siemens AG
Siemens AG is a German conglomerate company diversifying operations across the industry, energy, healthcare, and infrastructure & cities divisions. However, their industrial automation division is the largest and the most profitable division. In 2016, Siemens reported an annual revenue of US$ 88.09 billion. It serves an esteemed client base that includes Volkswagen, Power Grid Corporation of India Ltd., Novation, and DONG Energy A/S.
#2 Rockwell Automation
Rockwell Automation Inc is one of the world’s largest company dedicated to industrial automation. The company has brands like Allen-Bradley and Rockwell Software, and product portfolio including Rockwell Automation covers control systems, motor control devices, industrial control components, information software, network technology, sensing devices, safety technology, and industrial security.
#3 Mitsubishi Electric Corporation
Mitsubishi Electric Corporation was founded in 1921 in Japan. It manufactures electric and architectural equipment and is one of the major producers of photovoltaic panels. It started out initially producing electric fan, hydraulic generator, and completing the first domestically produced railway substation.
#4 Schneider Electric
Schneider Electric SE is a French multinational corporation that started out in 1836 when the Schneider brothers invested in the Creusot foundries to become the major players in the steel and machine industry. With 180 years of industry experience, the company now specializes in energy management and automation solutions. It is also one of the Fortune Global 500 company that has about 20,000 patents either active or in application worldwide.
Omron Corporation started out in 1933 as Tateisi Electric Manufacturing Co. in the city of Kyoto, Japan. The company has supported the industry with innovative and advanced automation solutions. Alongside PLC systems it also manufactures control components, electric power monitoring equipment, power supplies, sensors, switches, safety components, and relays.
To read more about the top vendors in PLC market along with competitive analysis, technological innovation, sourcing strategy, and procurement insights in SpendEdge’s procurement report on the global programmable logic controllers market.