Programmable Logic Controller (PLC) Market Growth, Share, Size, Trends Analysis, Business Challenges and Forecast 2024-2032: Organic Market Research
According to Organic Market Research, Global Programmable Logic Controller (PLC) Market Share was USD 11.51 billion in 2023 and the market is projected to touch USD 24.98 billion by 2032, at a CAGR of 8.99% during the forecast period. The market is is set to grow further as industries move towards smart, connected systems. PLC manufacturers are focused on developing advanced, flexible, and robust solutions to meet the demands of a digitally transformed industrial landscape.
The Programmable Logic Controller Market Size is experiencing significant growth as industries worldwide embrace automation to enhance efficiency, productivity, and reliability. PLCs, known as the backbone of industrial automation, are used to control machinery, monitor production lines, and manage complex processes across industries such as manufacturing, energy, automotive, pharmaceuticals, and more.
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Market Segmentation
By Type
- Hardware and Software (Large PLC, Nano PLC, Small PLC, Medium PLC and Others)
- Services
By End Use
- Automotive
- Energy and Utilities
- Chemical and Petrochemical
- Oil and Gas
- Pulp and Paper
- Pharmaceutical
- Water and Wastewater Treatment
- Food, Tobacco and Beverage
- Others
Customization Scope
- Available upon request
Pricing
- Available upon request
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Key Players in the Market
The major players in the market are ABB Ltd., Delta Electronics Inc., Eaton Corporation plc, Emerson Electric Co., Fuji Electric Co. Ltd., Hitachi Ltd, Honeywell International Inc., Mitsubishi Electric Corporation, OMRON Corporation, Panasonic Holdings Corporation, Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Toshiba Corporation.
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