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The programmable logic controller (PLC) market size is forecast to increase by USD 3.01 billion, at a CAGR of 3.5% between 2024 and 2029. The market is witnessing significant growth, driven by the increasing demand for compact automation solutions. This trend is particularly evident in industries where space is a constraint, such as food and beverage, pharmaceuticals, and automotive.
Major Market Trends & Insights
Market Size & Forecast
Another key factor fueling market growth is the increasing focus on expanding the capability of micro-PLCs, enabling them to perform tasks traditionally handled by larger PLCs. However, the market faces challenges as well. One major obstacle is the growing market for industrial PC and Distributed Control Systems (DCS) as alternatives to PLCs. These systems offer advanced capabilities and flexibility, posing a threat to PLCs' market share. To capitalize on opportunities and navigate challenges effectively, companies must stay abreast of technological advancements and customer needs, while also addressing the unique selling points of competing technologies.
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by advancements in technology and increasing demand across various sectors. Real-time operating systems enable PLCs to process data in real-time, enhancing system performance and responsiveness. Function block diagrams provide a graphical representation of logical functions, simplifying complex control applications. Motion control systems and high-availability PLCs ensure continuous operation in manufacturing and production environments. Process optimization techniques and programmable logic controllers work in tandem to improve efficiency and reduce waste. Digital input/output and analog input/output modules expand the versatility of PLCs, allowing them to interface with various sensors and actuators.
Industrial control networks, such as fieldbus communication and Industrial Ethernet networks, facilitate seamless communication between devices and systems. Structured text programming and ladder logic programming offer flexibility in programming PLCs for different applications. Safety PLC systems and fault detection diagnostics ensure reliable and safe operation. PLC cybersecurity measures are becoming increasingly important to protect against potential threats. Predictive maintenance systems and sequential function charts help prevent downtime and improve overall system performance. Redundant PLC systems and SCADA integration provide enhanced reliability and remote monitoring capabilities. The industrial automation systems market is expected to grow by over 5% annually, driven by the increasing adoption of advanced technologies and the need for automation in various industries.
A notable example of this trend is a leading manufacturing company that implemented a predictive maintenance system, resulting in a 20% reduction in downtime and a 15% increase in productivity. PLC communication protocols, such as Modbus and PROFINET, enable interoperability between devices and systems. Networked PLCs and human-machine interfaces (HMIs) provide operators with real-time data and control capabilities. Programmable automation controllers offer additional functionality and flexibility for automating complex processes.
The programmable logic controller (PLC) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The modular segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 5.69 billion in 2023. It continued to the largest segment at a CAGR of 3.69%.
Programmable Logic Controllers (PLCs) have become a cornerstone of industrial automation, integrating various control functions to optimize manufacturing processes. Modular PLCs, in particular, offer versatility and scalability, allowing for multiple control functions in one system. Real-time operating systems ensure efficient processing, while function block diagrams facilitate logical representation of control functions. Motion control systems and high-availability PLCs are essential for industries requiring precise control and minimal downtime. Process optimization techniques, such as predictive maintenance systems and sequential function charts, enhance productivity and reduce waste. PLCs employ structured text programming and ladder logic for user-friendly programming, with safety PLC systems ensuring compliance with safety standards.
Digital input/output and analog input/output modules cater to a wide range of industrial applications. Industrial control networks, including fieldbus communication and industrial Ethernet networks, enable seamless communication between devices. Redundant PLC systems and human-machine interfaces (HMIs) ensure reliable operation and user-friendly control. PLC cybersecurity measures are crucial to protect against potential threats. Embedded systems design and process control algorithms further enhance the functionality of PLCs. Data acquisition systems and SCADA integration provide real-time monitoring and control capabilities. According to recent industry reports, the global PLC market is expected to grow by 5% annually, driven by the increasing demand for automation and digitalization in various industries.
For instance, a leading manufacturing company reported a 20% increase in production efficiency after implementing a PLC system.
The Modular segment was valued at USD 5.24 billion in 2019 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Data suggests that the future opportunities for growth in the North America region estimates to be around USD 3.01 billion. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market in Asia Pacific (APAC) is experiencing notable growth, driven by several factors. Countries like China, Japan, India, Vietnam, South Korea, Malaysia, and Australia are key contributors to this expansion. China, Japan, South Korea, and India hold the largest shares of the APAC PLC market due to robust industrialization, increasing demand for medium-voltage and low-voltage motors, and substantial investments in power, water, and wastewater treatment, as well as the food and beverage industries. Government initiatives, a strong industrial base, and the rising demand for automobiles manufactured in the region are fueling the growth of PLCs in the automotive sector in APAC.
Function block diagrams and ladder logic programming are widely used in PLC applications for control logic design. Motion control systems, digital input/output, and industrial control networks are integral components of PLC systems. High-availability PLCs ensure minimal downtime, while safety PLC systems prioritize risk reduction. PLC cybersecurity measures are crucial to protect against potential threats. Predictive maintenance systems, process optimization techniques, and sequential function charts enable efficient operations. Redundant PLC systems ensure business continuity, while human-machine interfaces (HMIs) facilitate easy system monitoring and control. Networked PLCs and SCADA integration streamline industrial automation systems, and PLC communication protocols ensure seamless data exchange.
According to recent research, the APAC PLC market is projected to grow by over 15% annually, reflecting the significant role of PLCs in industrial automation and digital transformation. For instance, a leading automotive manufacturer in China increased production efficiency by 20% by implementing a PLC-based automation system. This success story underscores the potential of PLCs in enhancing industrial productivity and competitiveness in APAC.
The Programmable Logic Controller Market advances through PLC programming using structured text and applying IEC 61131-3 standards in PLC programming to ensure robust automation. Integration of PLC with SCADA for remote monitoring and data acquisition using PLC and industrial communication protocols enhance operational visibility. Design and implementation of redundant PLC systems and development of safety PLC systems for hazardous environments prioritize reliability and safety. Optimization of PLC communication protocols for efficiency and improving cybersecurity measures for industrial control networks safeguard systems. Use of function block diagrams in PLC applications and application of advanced process control techniques in PLCs streamline design and development of PLC based robotics control systems. Implementation of predictive maintenance strategies for PLCs and improving the efficiency of data logging and analysis of PLC drive performance.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market encompasses a wide range of automation solutions designed to enhance industrial productivity and efficiency. PLCs, with their ability to execute complex control logic, have become an indispensable component of modern manufacturing processes. In the realm of PLC programming, Structured Text (ST) has emerged as a popular choice due to its clarity and ease of use. Advanced process control strategies, such as Model Predictive Control (MPC) and Fuzzy Logic, find extensive implementation in PLC systems to optimize industrial processes. Integration of PLCs with Supervisory Control and Data Acquisition (SCADA) systems enables remote monitoring and control of industrial processes, enhancing operational efficiency. Redundant PLC systems, designed to ensure business continuity, are a critical consideration for mission-critical applications. IEC 61131-3 standards are widely adopted in PLC programming, ensuring interoperability and safety.
Function block diagrams (FBD) simplify PLC application development by allowing the creation of complex control structures using predefined logic blocks. Optimization of PLC communication protocols, such as Modbus and PROFIBUS, is essential for ensuring efficient data transfer between devices. Safety PLC systems, designed for use in hazardous environments, employ stringent safety measures to prevent accidents. Troubleshooting and maintenance of PLC-based automation systems are crucial for maintaining optimal performance. Cybersecurity measures, including firewalls and access control, are increasingly important to protect industrial control networks from cyber threats. PLC hardware component selection criteria include factors such as processing power, communication interfaces, and environmental conditions. Data acquisition using PLCs and industrial communication protocols is a critical aspect of industrial automation.
Remote access and control of PLCs over industrial networks enable real-time monitoring and adjustments. Virtual commissioning and simulation of industrial control systems reduce development time and costs. Upgrading legacy automation systems with modern PLCs is a common trend in the industry, as is the application of advanced process control techniques and the design and development of PLC-based robotics control systems. Predictive maintenance strategies for PLCs help prevent unscheduled downtime, while improving the efficiency of data logging and analysis is essential for continuous process improvement. Integration of machine vision systems with PLC-based automation further enhances manufacturing capabilities.
The programmable logic controller (PLC) market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the programmable logic controller (PLC) market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, programmable logic controller (PLC) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
ABB Ltd. - The company specializes in providing advanced programmable logic controllers, including the AC500 eCo, AC500, AC500 XC, and AC500 S models.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Programmable Logic Controller (PLC) Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
212 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.5% |
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Market growth 2025-2029 |
USD 3.01 billion |
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Market structure |
Fragmented |
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YoY growth 2024-2025(%) |
3.4 |
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Key countries |
US, China, Japan, Canada, Germany, UK, India, South Korea, France, and Italy |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by End-user
10 Market Segmentation by Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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