Programmable Logic Controller (PLC) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Siemens, Rockwell(A-B), Mitsubishi, Schneider(Modicon)

Registering a CAGR of 5.3% over the forecasted period of 2022-2027 the programmable logic controller (PLC) is anticipated to reach the market value of US$ 15.58 billion by the year 2027 from US$ 11.21 billion in 2022.

Programmable Logic Controller (PLC) Market Overview

PLCs (Programmable Logic Controllers) are used in industrial automation to control the movement of machines in a production line. Even with the emergence of new technologies such as Process Automation Controllers (PACs) and other modern computer-based controls, Programmable Logic Controllers have been an integral aspect of automation and control systems across many sectors. PLCs are widely used in industry because they eliminate the hard wiring associated with traditional relay control circuits, resulting in increased productivity. The gap between the functional capabilities of unconnected control systems and Programmable Logic Controllers has been linked due to a constant focus on product innovation in industrial automation.Various industrial and civil applications include power, chemical, metallurgy, energy, transportation, hydropower, coal, textile, food, pharmaceuticals, intelligent buildings, and network monitoring, among others. The industries that are at the forefront in implementing automation control solutions have already transitioned from the use of relay control panels to high-end large PLCs that could handle complex tasks. With the increasing demand for more extensive data memory, higher processing speeds, fewer additional modules, and more integrated functionalities, such as motion control and PID loops, the adoption of high-end modular large PLCs is on the rise.A major growth indicator for PLCs in the discrete-manufacturing sectors is the amplified deployment of robots across the automotive manufacturing, electrical, and electronics industries.

Industry News

Schneider Electric announced the opening of its new office facility designed completely on an open office concept in Pune, Maharashtra. On the back of this expansion, the company aims to consolidate its leading position and revenues for its wide array of energy management products and solutions. This is an integrated facility of the company for all its business operations as well Design Engineering Center of ASCO Power Technologies, USA.

February 2022 - Casa Sauza, with the help of Festo, adopted Industry 4.0 methods to advance its automation of Tequila production in Mexico. Festo provided an array of training programs, ranging from the functionality of programmable logic controllers to failure management and analysis.

What are the major Applications, Types and Regions for Programmable Logic Controller (PLC) Market?

Programmable Logic Controller (PLC) Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented int

• Steel Industry


• Petrochemical and Gas Industry


• Power Industry


• Automobile Industry


• Others

By Applications it is segmented into

• Nano


• Micro


• Medium


• Large

Programmable Logic Controller (PLC) Market Regional Analysis:

The report offers in-depth assessment of the growth and other aspects of the Programmable Logic Controller (PLC) Market in important regions, including the 

North America

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  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
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• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Programmable Logic Controllers (PLC) market in the U.S. is estimated at US$3.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2021 to 2026. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 3.6% respectively over the 2021-2026 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Asia Pacific is likely to gain rapid growth. The increasing emerging economies such as China, Japan, and India are likely to create vast opportunities for the PLC market development. China with the rising automation industries is likely to gain maximum market share during the forecast period. According to the report of the International Federation of Robotics, the robotic market of china is expected to grow by 20 % by 2021. Japan is also likely to witness increasing adoption of programmable logic controllers. The government initiative such as Japan’s Society 5.0 to boost the adoption of Industry 4.0 is expected to drive the market. Further, in India the increasing government investment in smart cities will boost the PLC demand during the forecast period.

What is our Programmable Logic Controller (PLC) Market report scope?

Key Takeaways from this Programmable Logic Controller (PLC) Report

• Evaluate Programmable Logic Controller (PLC) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Programmable Logic Controller (PLC) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Frequently Asked Questions What is the study period of this market?

 The Programmable Logic Controller (PLC) Market is studied from 2022 - 2027.

What is the growth rate of Programmable Logic Controller (PLC) Market?

The Programmable Logic Controller (PLC) Market is growing at a CAGR of 5.3% over the next 5 years.

Who are the key players in Programmable Logic Controller (PLC) Market?

Siemens, Rockwell(A-B), Mitsubishi, Schneider(Modicon), Omron, Emerson(GE Fanuc), ABB(B&R), Bosch Rexroth, Beckhoff, Fuji, Toshiba, Keyence, Idec, Panasonic, Koyo and others.

What region does this Programmable Logic Controller (PLC) Market report covers?

North America (the United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

 What are the significant types of Programmable Logic Controller (PLC) Market?

Steel Industry, Petrochemical and Gas Industry, Power Industry, Automobile Industry, Others

What are the major end-use applications of Programmable Logic Controller (PLC) Market?

Nano, Micro, Medium, Large