USD 12.69 Billion
Report ID:
SQMIG20I2211 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
103
|Figures:
76
Programmable Logic Controller (PLC) Market size was valued at USD 12.69 Billion in 2023 and is poised to grow from USD 13.38 Billion in 2024 to USD 19.29 Billion by 2032, growing at a CAGR of 5.4% during the forecast period (2025-2032).
A programmable logic controller (PLC) is an industrial computer control system that continuously monitors the state of input devices and makes decisions based on a custom program to control the state of output devices. PLCs have become an essential device for automating manufacturing processes. PLCs are used in a variety of industries, including the automobile, steel, energy, and chemical industries. In industrial control systems, a PLC is an electronic device that monitors, controls, and manages building systems, production processes, and power. To meet the demand for harsh industrial environments, programmable logic controllers are designed to be extremely robust, often capable of withstanding extreme vibration, humidity, temperature, and electrical noise. A programmable logic controller (PLC) is an industrial computer control system that continuously monitors the state of input devices and makes decisions based on a custom program to control the state of output devices. PLCs have become an essential device for automating manufacturing processes. PLCs are used in a variety of industries, including the automobile, steel, energy, and chemical industries. In industrial control systems, a PLC is an electronic device that monitors, controls, and manages building systems, production processes, and power. To meet the demand for harsh industrial environments, programmable logic controllers are designed to be extremely robust, often capable of withstanding extreme vibration, humidity, temperature, and electrical noise.
US Programmable Logic Controller Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 12.69 Billion
Largest Segment
Integrated or Compact PLC
Fastest Growth
Medium-Sized PLC
Growth Rate
5.4% CAGR
To get more reports on the above market click here to Buy The Report
Global Programmable Logic Controller (PLC) Market is segmented by type, end user and region. Based on type, the market is segmented into hardware and services. Based on end user, the market is segmented into food and beverage, automotive, chemical and petrochemical, energy and utilities, pulp and paper, oil and gas, water and waste water, pharmaceutical and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The programmable logic controller market is dominated by small PLC segment due to rising trend of miniaturization of machinery. The demand for compact PLC is also expected to grow to a significant extent by 2028.
To get detailed analysis on other segments, Request For Free Sample Report
Based on region, global programmable logic controller market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The Asia-Pacific region dominated the global programmable logic controller market, with revenue expected to rise at a 6% CAGR to USD 7 billion by 2028. The manufacturing sector is critical to China's economy. It is undergoing rapid transformation as a result of the recent expansion of IIoT as a result of global adoption of Industry 4.0 across industrial industries. This sea change has catapulted the country to the forefront of the global PLC market. As part of its advanced manufacturing push, China has recently announced a number of industrial policies. The guidelines help the country achieve its goal of becoming a high-tech superpower over the next quarter-century.
India's pharmaceutical industry is ahead of the curve in terms of automation, with major corporations such as Zydus Cadila, Torrent Pharma, and Cipla focusing on automating their medication production processes, particularly in areas requiring total integration of machines and equipment. The Europe region is expected to generate USD 5 billion in sales by 2028, accounting for the second-largest share of the global programmable logic controller market. Germany is a major global player in the production and consumption of renewable energy. The country's gross renewable energy generation in 2019 was 225.9 terawatt-hours, according to BDEW, with wind power accounting for the majority of that. PLCs are beneficial in wind turbines because they improve performance and reduce maintenance costs by allowing for more accurate sensor measurements.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Request Free Customization of this report to help us to meet your business objectives.
The global programmable logic controller market is fragmented, with a prominent market player acquiring a sizable portion. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective.
Top Players in the Global Programmable Logic Controller Market
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global programmable logic controller market analysis, market participants are implementing various strategies to strengthen their market position, which is expected to fuel the growth of the programmable logic controller market. Due to its sturdy construction and functional qualities such as sequential control, ease of programming, reliable controlling capabilities, and ease of hardware usage, PLC is used as more than a special-purpose digital computer in a variety of sectors and control-system domains.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 12.69 Billion |
Market size value in 2032 | USD 19.29 Billion |
Growth Rate | 5.4% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Programmable Logic Controller (PLC) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Programmable Logic Controller (PLC) Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Programmable Logic Controller (PLC) Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Programmable Logic Controller (PLC) Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG20I2211
[email protected]
USA +1 351-333-4748