ENABLING SMART PROCUREMENT

Global Programmable Logic Controllers Category - Procurement Market Intelligence Report

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  • Published in: Oct 2017
  • Pages: 83
  • SKU: IRCMSTR14595

Global Programmable Logic Controllers Category - Procurement Market Intelligence Report

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Single User: Allows a single employee of the organization to access the subscribed reports.

SpendEdge’s procurement research report on the global programmable logic controllers (PLCs) market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement challenges, and procurement best practices which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Programmable Logic Controllers (PLCs) - Category Spend Analysis

 

According to analysts at SpendEdge, the increasing need to incorporate automation into production processes is a key growth driver for the PLC market. Manufacturers across end-user industries have realized the need for automation of the production processes to improve the efficiency and maintain the quality, related to the manufactured products, in the manufacturing processes. This has led to the growing need for PLCs across end-user industries to obtain a reduction in machine downtime and improve the efficiency of the manufacturing process and also maintain consistency in the quality. This  long-term benefits and enhanced production efficiency along with increased reliability are increasing the demand for PLCs across end-user industries. For instance, the rise in automation in packaging has led to an increase in demand for PLCs in the packaging industry, which in 2016 accounted for nearly 35% of the global PLCs market. Moreover, the packaging industry is also the largest growing end-user industry in the PLCs market.

The growth in adoption of PLC-controlled robots is another factor driving the PLC market growth. Robots are generally used in manufacturing industries, such as automotive, consumer packaged goods, and electronics. Traditionally, PLCs were known for their use of process control in the manufacturing sector. However, shortage of skilled technicians to handle robots due to the high demand and shortage in supply have led to the rise in adoption of PLC integrated robots. Manufacturers across end-user industries prefer to opt for PLC-programmed and controlled robots for better management of the production process reducing the downtime and subsequently, driving the growth of the global PLCs market.

PLCs - Procurement Best Practices

 

Buyers should adopt systematic procurement practices that allow them to exert better control over suppliers, irrespective of the prevalent market forces. This helps manage expenses and service quality better.

One of the procurement best practices for buyers is to bundle additional hardware and software requirements. As PLCs are generally used in conjunction with other hardware devices such as PCs and HMI and software that can eliminate the use of external components, buyers need to opt for suppliers that can provide bundled products and software solutions. This will help buyers to obtain cost-benefits through bundling of PLC purchase with other products, thus helping them to procure PLCs at low costs, which in turn leads to low procurement costs.

 

PLCs - Procurement Challenges

 

Obsolescence of technology, lack of skilled technicians to monitor and maintain the systems, and difficulty in accurately estimating procurement budgets are the major challenges faced by buyers during procurement of PLC.

 

According to this procurement research report, one of the procurement challenges faced by buyers is the vulnerability and data security issues. PLCs are used as an integral part of the production processes in most of the end-use industries. However, buyers require SCADA, a software interface, to monitor the performance of PLCs. These interfaces are highly vulnerable, which increases the susceptibility of organizational data to cyber-attacks. Most firms across the end-user industries have reported at least one security breach related to SCADA, which caused disruptions in the operations of the organization. Hence, buyers across the end-user industries find it difficult to prevent data loss or data failure in the PLC system, which in turn impacts the buyers' operations.

 

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

A programmable logic controller (PLC) is an industrial control system that monitors and uses the state of input device or system to control/manage the output system/device, using the logic-based decisions made by a custom program embedded in the controller. This type of packaging is recyclable and easy to assemble. This upcoming procurement research report, which is part of SpendEdge’s IT category, would provide actionable insights on the pricing trends, growth drivers, procurement challenges and best practices, and the supply landscape in the PLC market.

Category overview of the global programmable logic controllers market

Analysts at SpendEdge consider the various segments within the market. Based on the components of a PLC, the market can be categorized into power supply and rack, CPU, and I/O system. They can also be segmented based on the type of PLC into integrated/compact PLC and modular PLC.

Furthermore, this report would also consider the market segmentation based on the geography such as:

  • North America
  • South America
  • Europe
  • MEA
  • APAC

This upcoming procurement research report on the global programmable logic controllers market would provide detailed insights into the continuously evolving supplier landscape to help improve source-to-contract cycle performance. Additionally, it helps sourcing professionals develop enhanced category strategies, understand supplier and market challenges, boost savings, and implement sourcing best practices.

Read less

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Programmable Logic Controllers (PLCs) - Category Spend Analysis

 

According to analysts at SpendEdge, the increasing need to incorporate automation into production processes is a key growth driver for the PLC market. Manufacturers across end-user industries have realized the need for automation of the production processes to improve the efficiency and maintain the quality, related to the manufactured products, in the manufacturing processes. This has led to the growing need for PLCs across end-user industries to obtain a reduction in machine downtime and improve the efficiency of the manufacturing process and also maintain consistency in the quality. This  long-term benefits and enhanced production efficiency along with increased reliability are increasing the demand for PLCs across end-user industries. For instance, the rise in automation in packaging has led to an increase in demand for PLCs in the packaging industry, which in 2016 accounted for nearly 35% of the global PLCs market. Moreover, the packaging industry is also the largest growing end-user industry in the PLCs market.

The growth in adoption of PLC-controlled robots is another factor driving the PLC market growth. Robots are generally used in manufacturing industries, such as automotive, consumer packaged goods, and electronics. Traditionally, PLCs were known for their use of process control in the manufacturing sector. However, shortage of skilled technicians to handle robots due to the high demand and shortage in supply have led to the rise in adoption of PLC integrated robots. Manufacturers across end-user industries prefer to opt for PLC-programmed and controlled robots for better management of the production process reducing the downtime and subsequently, driving the growth of the global PLCs market.

PLCs - Procurement Best Practices

 

Buyers should adopt systematic procurement practices that allow them to exert better control over suppliers, irrespective of the prevalent market forces. This helps manage expenses and service quality better.

One of the procurement best practices for buyers is to bundle additional hardware and software requirements. As PLCs are generally used in conjunction with other hardware devices such as PCs and HMI and software that can eliminate the use of external components, buyers need to opt for suppliers that can provide bundled products and software solutions. This will help buyers to obtain cost-benefits through bundling of PLC purchase with other products, thus helping them to procure PLCs at low costs, which in turn leads to low procurement costs.

 

PLCs - Procurement Challenges

 

Obsolescence of technology, lack of skilled technicians to monitor and maintain the systems, and difficulty in accurately estimating procurement budgets are the major challenges faced by buyers during procurement of PLC.

 

According to this procurement research report, one of the procurement challenges faced by buyers is the vulnerability and data security issues. PLCs are used as an integral part of the production processes in most of the end-use industries. However, buyers require SCADA, a software interface, to monitor the performance of PLCs. These interfaces are highly vulnerable, which increases the susceptibility of organizational data to cyber-attacks. Most firms across the end-user industries have reported at least one security breach related to SCADA, which caused disruptions in the operations of the organization. Hence, buyers across the end-user industries find it difficult to prevent data loss or data failure in the PLC system, which in turn impacts the buyers' operations.

 

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

A programmable logic controller (PLC) is an industrial control system that monitors and uses the state of input device or system to control/manage the output system/device, using the logic-based decisions made by a custom program embedded in the controller. This type of packaging is recyclable and easy to assemble. This upcoming procurement research report, which is part of SpendEdge’s IT category, would provide actionable insights on the pricing trends, growth drivers, procurement challenges and best practices, and the supply landscape in the PLC market.

Category overview of the global programmable logic controllers market

Analysts at SpendEdge consider the various segments within the market. Based on the components of a PLC, the market can be categorized into power supply and rack, CPU, and I/O system. They can also be segmented based on the type of PLC into integrated/compact PLC and modular PLC.

Furthermore, this report would also consider the market segmentation based on the geography such as:

  • North America
  • South America
  • Europe
  • MEA
  • APAC

This upcoming procurement research report on the global programmable logic controllers market would provide detailed insights into the continuously evolving supplier landscape to help improve source-to-contract cycle performance. Additionally, it helps sourcing professionals develop enhanced category strategies, understand supplier and market challenges, boost savings, and implement sourcing best practices.

PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Molasses Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • Siemens
  • Rockwell Automation
  • Mitsubishi Electric
  • Schneider Electric
  • Omron 

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us
Read less

PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Molasses Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • Siemens
  • Rockwell Automation
  • Mitsubishi Electric
  • Schneider Electric
  • Omron 

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

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