Omron Corporation developed the CP2E Micro PLC to allow data collecting and machine-to-machine communication in tiny equipment. CP2E is one of the most dependable and cost-effective alternatives for mass-produced single machines. The CP2E series controllers provide a cost-effective option for flexible manufacturing where traceability and machine monitoring are critical.
Emerson Electric Co. has introduced the PACSystem RSTi-EP CPE 200 programmable automation controllers. The most compact PACs will help OEMs satisfy customer demands by reducing the need for specialized software engineering personnel. CPE 200 controllers are going to provide big programmable logic controller (PLC) functionality in a low-cost, tiny, IIoT-ready form factor, eliminating the need for machine manufacturers to trade performance for cost.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5381
Published Date: Nov 17, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing automation in the manufacturing industry, and higher demand for renewable energy are the major factors driving the market growth.
The market size of programmable logic controller (PLC) is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2024-2036.
The major players in the market are Eaton Corporation, Omron Corporation, Emerson Electric Co., OTEK Corporation, Electric Power Construction Corporation, Robert Bosch GmbH, Honeywell International Inc., Siemens AG, Rockwell Automation, and Schneider Electric SE
The modular PLC segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.