Programmable logic controller (PLC) market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2024-2031). Programmable logic controller (PLC) is the major computing system that manages automated machines. The PLC system alerts the technician and helps in error detection. PLC systems are preferred over conventional ones, as they are compact in size. PLCs also have the advantage of being multi-functional and can be programmed to perform a variety of tasks depending on the application.
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The ongoing industry automation due to growing increasing adoption of industry 4.0 revolution is a key factor driving the global market. PLC systems can be used to automate a variety of systems, including packaging and conveyor systems. It is also expected that the increasing adoption of automation in the industrial sector will support the growth of the PLC market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Programmable Logic Controller (PLC) Market Report Segment
By Type
- Hardware
o Central processing unit (CPU)
o Memory modules
o Input modules
o Output modules
o Communication modules
o Power supply unit
o Human Machine Interface (HMI)
o others
- Software
- Services
By End-user
- Food and Beverage
- Automotive
- Energy and Utilities
- Pulp and Paper
- Oil and Gas
- Aerospace & Defence
- Water and Wastewater Treatment
- Pharmaceutical and Healthcare
- Other(Chemical, Mining & metal, Manufacturing and Transportation)
Global Programmable Logic Controller (PLC) Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global programmable logic controller (PLC) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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