Programmable logic controller Market Share, Analysis, and Growth by 2030
Programmable logic controller Market: Strategic Insights
Programmable logic controller Market
-
CAGR (2022 - 2030)8.5% -
Market Size 2022
US$ 11,52 Billion -
Market Size 2030
US$ 22.12 Billion
Market Dynamics
GROWTH DRIVERS
- Growing demand for industrial automation
- Increase in the need for process optimization
FUTURE TRENDS
- Integration with cloud computing
- Use of AI for predictive maintenance
OPPORTUNITIES
- Expansion in industrial IoT applications
- Growth in the smart factory sector
Key Players
- Siemens
- Rockwell Automation
- Mitsubishi Electric Corporation
- OMRON Corporation
- Schneider Electric
- ABB
- Eaton
- Honeywell International Inc
- Emerson Electric Co
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Fixed
- Modular PLC
Offering
- Hardware Based PLC and Software Based PLC
End User
- Food and Beverages
- Automotive
- Energy and Power
- Oil and Gas
- Pharmaceutical
- Building Automation