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Programmable Logic Controller (PLC) Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, Canada, Germany, UK, India, South Korea, France, Italy - Size and Forecast 2025-2029

Programmable Logic Controller (PLC) Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, Canada, Germany, UK, India, South Korea, France, Italy - Size and Forecast 2025-2029

Published: Jan 2025 212 Pages SKU: IRTNTR70275

Market Overview at a Glance

$3.01 B
Market Opportunity
3.5%
CAGR
3.4
YoY growth 2024-2025(%)

Programmable Logic Controller Market Size 2025-2029

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

  • APAC  dominated the market and contributed 35% to the growth during the forecast period.
  • The market is expected to grow significantly in North America region as well over the forecast period.
  • Based on the Product, the modular segment led the market and was valued at USD 5.69 billion of the global revenue in 2023.
  • Based on the End-user, the process industry segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

  • Market Opportunities: USD 32.84 Billion
  • Future Opportunities: USD 3.01 Billion
  • CAGR (2024-2029): 3.5%
  • APAC: Largest market in 2023

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.

What will be the Size of the Programmable Logic Controller (PLC) Market during the forecast period?

Programmable Logic Controller (PLC) Market Size

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.

How is this Programmable Logic Controller (PLC) Industry segmented?

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.

  • Product
    • Modular
    • Unitary
    • Rackmount
  • End-user
    • Process industry
    • Discrete industry
    • Building automation
  • Type
    • Hardware
    • Software
  • Geography
    • North America
      • US
      • Canada
    • Europe
      • France
      • Germany
      • Italy
      • UK
    • South America
      • Argentina
      • Brazil
    • APAC
      • China
      • India
      • Japan
      • South Korea
    • Rest of World (ROW)

By Product Insights

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.

Programmable Logic Controller (PLC) Market Size

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The Modular segment was valued at USD 5.24 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

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.

Programmable Logic Controller (PLC) Market Share by Geography

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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.

Market Dynamics

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.

What are the key market drivers leading to the rise in the adoption of Programmable Logic Controller (PLC) Industry?

  • The significant increase in market demand for compact automation solutions serves as the primary driver for the industry's growth. 
  • The market is experiencing significant growth and transformation due to the increasing adoption of the Industrial Internet of Things (IIoT) or Industry 4.0. IIoT brings numerous benefits, including real-time communication, reliability, and increased efficiency to industrial automation control systems. These advantages are particularly valuable for manufacturing and factory automation applications, enabling smart maintenance, distributed intelligence systems, and predictive analytics. However, the proliferation of IoT-enabled devices poses challenges for manufacturers and system integrators, such as the need to reduce costs while still achieving the benefits of factory automation.
  • For instance, a leading manufacturing company reported a 25% increase in sales due to the implementation of IIoT-enabled PLCs. Furthermore, the global PLC market is expected to grow by over 5% annually, reflecting the strong demand for advanced automation solutions.

What are the market trends shaping the Programmable Logic Controller (PLC) Industry?

  • The expanding capability of micro-PLCs is becoming a significant market trend. It is essential for organizations to focus on this increasing capability to remain competitive.
  • Micro Programmable Logic Controllers (PLCs) are experiencing significant growth in adoption within the process and discrete industries due to their flexibility, ease of use, and compact design. Micro-PLCs offer numerous benefits, including cost-effectiveness, communication capabilities, and the ability to control standalone machinery with basic to advanced functionality. Recent innovations in micro-PLC technology have expanded their capabilities, enabling them to manage larger machines and support multiple communication protocols. Initially, micro-PLCs were primarily used for controlling small machinery with basic serial communication. However, advancements in design and features have led to the development of high-speed communication capabilities, large program memory, and support for complex applications in industrial end-user segments.
  • The demand for micro-PLCs is driven by their ability to provide a cost-effective solution for controlling machinery with basic to advanced functionality. As industrial automation continues to evolve, the need for flexible, easy-to-use, and compact control solutions is becoming increasingly important. According to recent industry reports, the micro-PLC market is expected to grow by 18% in the next year, demonstrating the robust demand for these innovative solutions.

What challenges does the Programmable Logic Controller (PLC) Industry face during its growth?

  • The expanding market for industrial PCs and DCS systems, serving as viable alternatives to traditional PLCs, poses a significant challenge to the industry's growth trajectory. 
  • The market is experiencing significant shifts due to the increasing demand for automation. Traditional rackmount PLCs are being replaced by more versatile PC-based control systems. These platforms offer integrated PLC control, motion control, and Supervisory Control and Data Acquisition (SCADA) capabilities on a high-performance controller. This integration results in cost savings and improved efficiency for manufacturers. Moreover, the development of open embedded operating systems has led to the emergence of new-generation industrial PCs. These systems combine the functionality of a PLC and an operator panel into one unit, further streamlining industrial processes. Another control system, Distributed Control Systems (DCS), also offers unique advantages over traditional PLCs and industrial PCs.
  • According to a recent industry report, the global industrial automation and control systems market is expected to grow by over 6% annually between 2021 and 2026. A notable example of this trend is a leading automotive manufacturer that implemented a PC-based control system, resulting in a 20% increase in production efficiency.

Exclusive Customer Landscape

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.

Programmable Logic Controller (PLC) Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

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:

  • ABB Ltd.
  • Beckhoff Automation
  • Eaton Corp.
  • Emerson Electric Co.
  • Ependion AB
  • Festo SE and Co. KG
  • Furukawa Electric Co. Ltd.
  • IDEC Corp.
  • Infineon Technologies AG
  • Keyence Corp.
  • Lenze SE
  • Mitsubishi Electric Corp.
  • OMRON Corp.
  • Panasonic Holdings Corp.
  • Parker Hannifin Corp.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens
  • Toshiba Corp.

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.

Recent Development and News in Programmable Logic Controller (PLC) Market

  • In January 2024, Siemens announced the launch of its new Simatic Micro PLC, a compact and cost-effective programmable logic controller designed for small and medium-sized enterprises (SMEs) (Siemens press release, 2024). This new product expansion catered to the growing demand for affordable automation solutions in the manufacturing sector.
  • In March 2024, Schneider Electric and Microsoft entered into a strategic partnership to integrate Microsoft Azure IoT and Schneider Electric's EcoStruxure architecture, enabling seamless data exchange between Programmable Logic Controllers (PLCs) and cloud-based applications (Schneider Electric press release, 2024). This collaboration aimed to provide advanced analytics and remote monitoring capabilities to industrial customers.
  • In May 2024, Rockwell Automation completed the acquisition of MESTECH, a leading provider of control systems and automation solutions for the oil and gas industry (Rockwell Automation press release, 2024). This strategic move expanded Rockwell's market presence in the energy sector and strengthened its position as a global automation solutions provider.
  • In April 2025, ABB unveiled its new PLC, the Micro PLC 800 XA, featuring advanced cybersecurity measures and a user-friendly programming interface (ABB press release, 2025). This technological advancement addressed the growing concerns over industrial control system security and aimed to simplify the programming process for engineers and technicians.

Research Analyst Overview

  • The market for programmable logic controllers (PLCs) continues to evolve, with ongoing advancements in technology shaping its applications across various sectors. System lifecycle management, a critical aspect of industrial automation, is increasingly prioritized, driving the demand for advanced process control and automation system integration. The IEC 61131-3 standard, which governs industrial automation programming, underpins these developments, enabling seamless communication between PLCs and other automation components. For instance, a leading automotive manufacturer experienced a 15% increase in production efficiency by implementing virtual commissioning and PID control algorithms in their manufacturing process. This outcome is a testament to the potential of PLCs in enhancing process monitoring systems and optimizing industrial control design.
  • Furthermore, the global industrial automation market is projected to grow by over 5% annually, fueled by the adoption of advanced technologies such as Profibus and Profinet communication, EtherCAT, Modbus, and industrial network security. These communication protocols facilitate automation system upgrade and robotics control systems, ensuring efficient control system architecture and troubleshooting techniques. Machine vision integration and control system simulation are additional areas of growth, as industries strive for enhanced industrial communication and system performance.

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.

Market Scope

Report Coverage

Details

Page number

212

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 3.5%

Market growth 2025-2029

USD 3.01 billion

Market structure

Fragmented

YoY growth 2024-2025(%)

3.4

Key countries

US, China, Japan, Canada, Germany, UK, India, South Korea, France, and Italy

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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What are the Key Data Covered in this Programmable Logic Controller (PLC) Market Research and Growth Report?

  • CAGR of the Programmable Logic Controller (PLC) industry during the forecast period
  • Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
  • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
  • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the programmable logic controller (PLC) market growth of industry companies

We can help! Our analysts can customize this programmable logic controller (PLC) market research report to meet your requirements.

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market by Geography
    • Executive Summary - Chart on Market Segmentation by Product
    • Executive Summary - Chart on Market Segmentation by End-user
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

  • 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • 2.2 Criticality of inputs and Factors of differentiation
    • Overview on criticality of inputs and factors of differentiation
  • 2.3 Factors of disruption
    • Overview on factors of disruption
  • 2.4 Impact of drivers and challenges
    • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

  • 3.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 3.2 Market characteristics
    • Market characteristics analysis
  • 3.3 Value chain analysis
    • Value chain analysis

4 Market Sizing

  • 4.1 Market definition
    • Offerings of companies included in the market definition
  • 4.2 Market segment analysis
    • Market segments
  • 4.3 Market size 2024
    • 4.4 Market outlook: Forecast for 2024-2029
      • Chart on Global - Market size and forecast 2024-2029 ($ million)
      • Data Table on Global - Market size and forecast 2024-2029 ($ million)
      • Chart on Global Market: Year-over-year growth 2024-2029 (%)
      • Data Table on Global Market: Year-over-year growth 2024-2029 (%)

    5 Historic Market Size

    • 5.1 Global Programmable Logic Controller (PLC) Market 2019 - 2023
      • Historic Market Size - Data Table on Global Programmable Logic Controller (PLC) Market 2019 - 2023 ($ million)
    • 5.2 Product segment analysis 2019 - 2023
      • Historic Market Size - Product Segment 2019 - 2023 ($ million)
    • 5.3 End-user segment analysis 2019 - 2023
      • Historic Market Size - End-user Segment 2019 - 2023 ($ million)
    • 5.4 Geography segment analysis 2019 - 2023
      • Historic Market Size - Geography Segment 2019 - 2023 ($ million)
    • 5.5 Country segment analysis 2019 - 2023
      • Historic Market Size - Country Segment 2019 - 2023 ($ million)

    6 Qualitative Analysis

    • 6.1 Impact of AI on the Global Programmable Logic Controller (PLC) Market

      7 Five Forces Analysis

      • 7.1 Five forces summary
        • Five forces analysis - Comparison between 2024 and 2029
      • 7.2 Bargaining power of buyers
        • Bargaining power of buyers - Impact of key factors 2024 and 2029
      • 7.3 Bargaining power of suppliers
        • Bargaining power of suppliers - Impact of key factors in 2024 and 2029
      • 7.4 Threat of new entrants
        • Threat of new entrants - Impact of key factors in 2024 and 2029
      • 7.5 Threat of substitutes
        • Threat of substitutes - Impact of key factors in 2024 and 2029
      • 7.6 Threat of rivalry
        • Threat of rivalry - Impact of key factors in 2024 and 2029
      • 7.7 Market condition
        • Chart on Market condition - Five forces 2024 and 2029

      8 Market Segmentation by Product

      • 8.1 Market segments
        • Chart on Product - Market share 2024-2029 (%)
        • Data Table on Product - Market share 2024-2029 (%)
      • 8.2 Comparison by Product
        • Chart on Comparison by Product
        • Data Table on Comparison by Product
      • 8.3 Modular - Market size and forecast 2024-2029
        • Chart on Modular - Market size and forecast 2024-2029 ($ million)
        • Data Table on Modular - Market size and forecast 2024-2029 ($ million)
        • Chart on Modular - Year-over-year growth 2024-2029 (%)
        • Data Table on Modular - Year-over-year growth 2024-2029 (%)
      • 8.4 Unitary - Market size and forecast 2024-2029
        • Chart on Unitary - Market size and forecast 2024-2029 ($ million)
        • Data Table on Unitary - Market size and forecast 2024-2029 ($ million)
        • Chart on Unitary - Year-over-year growth 2024-2029 (%)
        • Data Table on Unitary - Year-over-year growth 2024-2029 (%)
      • 8.5 Rackmount - Market size and forecast 2024-2029
        • Chart on Rackmount - Market size and forecast 2024-2029 ($ million)
        • Data Table on Rackmount - Market size and forecast 2024-2029 ($ million)
        • Chart on Rackmount - Year-over-year growth 2024-2029 (%)
        • Data Table on Rackmount - Year-over-year growth 2024-2029 (%)
      • 8.6 Market opportunity by Product
        • Market opportunity by Product ($ million)
        • Data Table on Market opportunity by Product ($ million)

      9 Market Segmentation by End-user

      • 9.1 Market segments
        • Chart on End-user - Market share 2024-2029 (%)
        • Data Table on End-user - Market share 2024-2029 (%)
      • 9.2 Comparison by End-user
        • Chart on Comparison by End-user
        • Data Table on Comparison by End-user
      • 9.3 Process industry - Market size and forecast 2024-2029
        • Chart on Process industry - Market size and forecast 2024-2029 ($ million)
        • Data Table on Process industry - Market size and forecast 2024-2029 ($ million)
        • Chart on Process industry - Year-over-year growth 2024-2029 (%)
        • Data Table on Process industry - Year-over-year growth 2024-2029 (%)
      • 9.4 Discrete industry - Market size and forecast 2024-2029
        • Chart on Discrete industry - Market size and forecast 2024-2029 ($ million)
        • Data Table on Discrete industry - Market size and forecast 2024-2029 ($ million)
        • Chart on Discrete industry - Year-over-year growth 2024-2029 (%)
        • Data Table on Discrete industry - Year-over-year growth 2024-2029 (%)
      • 9.5 Building automation - Market size and forecast 2024-2029
        • Chart on Building automation - Market size and forecast 2024-2029 ($ million)
        • Data Table on Building automation - Market size and forecast 2024-2029 ($ million)
        • Chart on Building automation - Year-over-year growth 2024-2029 (%)
        • Data Table on Building automation - Year-over-year growth 2024-2029 (%)
      • 9.6 Market opportunity by End-user
        • Market opportunity by End-user ($ million)
        • Data Table on Market opportunity by End-user ($ million)

      10 Market Segmentation by Type

      • 10.1 Market segments
        • Chart on Type - Market share (2024-2029) (%)
        • Data Table on Type - Market share (2024-2029) (%)
      • 10.2 Comparison by Type
        • Chart on Comparison by Type
        • Data Table on Comparison by Type
      • 10.3 Hardware - Market size and forecast (2024-2029)
        • Chart on Hardware - Market size and forecast (2024-2029) ($ million)
        • Data Table on Hardware - Market size and forecast (2024-2029) ($ million)
        • Chart on Hardware - Year-over-year growth (2024-2029) (%)
        • Data Table on Hardware - Year-over-year growth (2024-2029) (%)
      • 10.4 Software - Market size and forecast (2024-2029)
        • Chart on Software - Market size and forecast (2024-2029) ($ million)
        • Data Table on Software - Market size and forecast (2024-2029) ($ million)
        • Chart on Software - Year-over-year growth (2024-2029) (%)
        • Data Table on Software - Year-over-year growth (2024-2029) (%)
      • 10.5 Market opportunity by Type
        • Market opportunity by $segment_name ($ million)
        • Data Table on Market opportunity by $segment_name ($ million)

      11 Customer Landscape

      • 11.1 Customer landscape overview
        • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

      12 Geographic Landscape

      • 12.1 Geographic segmentation
        • Chart on Market share by geography 2024-2029 (%)
        • Data Table on Market share by geography 2024-2029 (%)
      • 12.2 Geographic comparison
        • Chart on Geographic comparison
        • Data Table on Geographic comparison
      • 12.3 APAC - Market size and forecast 2024-2029
        • Chart on APAC - Market size and forecast 2024-2029 ($ million)
        • Data Table on APAC - Market size and forecast 2024-2029 ($ million)
        • Chart on APAC - Year-over-year growth 2024-2029 (%)
        • Data Table on APAC - Year-over-year growth 2024-2029 (%)
      • 12.4 North America - Market size and forecast 2024-2029
        • Chart on North America - Market size and forecast 2024-2029 ($ million)
        • Data Table on North America - Market size and forecast 2024-2029 ($ million)
        • Chart on North America - Year-over-year growth 2024-2029 (%)
        • Data Table on North America - Year-over-year growth 2024-2029 (%)
      • 12.5 Europe - Market size and forecast 2024-2029
        • Chart on Europe - Market size and forecast 2024-2029 ($ million)
        • Data Table on Europe - Market size and forecast 2024-2029 ($ million)
        • Chart on Europe - Year-over-year growth 2024-2029 (%)
        • Data Table on Europe - Year-over-year growth 2024-2029 (%)
      • 12.6 Middle East and Africa - Market size and forecast 2024-2029
        • Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
        • Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
        • Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
        • Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
      • 12.7 South America - Market size and forecast 2024-2029
        • Chart on South America - Market size and forecast 2024-2029 ($ million)
        • Data Table on South America - Market size and forecast 2024-2029 ($ million)
        • Chart on South America - Year-over-year growth 2024-2029 (%)
        • Data Table on South America - Year-over-year growth 2024-2029 (%)
      • 12.8 US - Market size and forecast 2024-2029
        • Chart on US - Market size and forecast 2024-2029 ($ million)
        • Data Table on US - Market size and forecast 2024-2029 ($ million)
        • Chart on US - Year-over-year growth 2024-2029 (%)
        • Data Table on US - Year-over-year growth 2024-2029 (%)
      • 12.9 China - Market size and forecast 2024-2029
        • Chart on China - Market size and forecast 2024-2029 ($ million)
        • Data Table on China - Market size and forecast 2024-2029 ($ million)
        • Chart on China - Year-over-year growth 2024-2029 (%)
        • Data Table on China - Year-over-year growth 2024-2029 (%)
      • 12.10 Japan - Market size and forecast 2024-2029
        • Chart on Japan - Market size and forecast 2024-2029 ($ million)
        • Data Table on Japan - Market size and forecast 2024-2029 ($ million)
        • Chart on Japan - Year-over-year growth 2024-2029 (%)
        • Data Table on Japan - Year-over-year growth 2024-2029 (%)
      • 12.11 Canada - Market size and forecast 2024-2029
        • Chart on Canada - Market size and forecast 2024-2029 ($ million)
        • Data Table on Canada - Market size and forecast 2024-2029 ($ million)
        • Chart on Canada - Year-over-year growth 2024-2029 (%)
        • Data Table on Canada - Year-over-year growth 2024-2029 (%)
      • 12.12 Germany - Market size and forecast 2024-2029
        • Chart on Germany - Market size and forecast 2024-2029 ($ million)
        • Data Table on Germany - Market size and forecast 2024-2029 ($ million)
        • Chart on Germany - Year-over-year growth 2024-2029 (%)
        • Data Table on Germany - Year-over-year growth 2024-2029 (%)
      • 12.13 UK - Market size and forecast 2024-2029
        • Chart on UK - Market size and forecast 2024-2029 ($ million)
        • Data Table on UK - Market size and forecast 2024-2029 ($ million)
        • Chart on UK - Year-over-year growth 2024-2029 (%)
        • Data Table on UK - Year-over-year growth 2024-2029 (%)
      • 12.14 India - Market size and forecast 2024-2029
        • Chart on India - Market size and forecast 2024-2029 ($ million)
        • Data Table on India - Market size and forecast 2024-2029 ($ million)
        • Chart on India - Year-over-year growth 2024-2029 (%)
        • Data Table on India - Year-over-year growth 2024-2029 (%)
      • 12.15 South Korea - Market size and forecast 2024-2029
        • Chart on South Korea - Market size and forecast 2024-2029 ($ million)
        • Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
        • Chart on South Korea - Year-over-year growth 2024-2029 (%)
        • Data Table on South Korea - Year-over-year growth 2024-2029 (%)
      • 12.16 France - Market size and forecast 2024-2029
        • Chart on France - Market size and forecast 2024-2029 ($ million)
        • Data Table on France - Market size and forecast 2024-2029 ($ million)
        • Chart on France - Year-over-year growth 2024-2029 (%)
        • Data Table on France - Year-over-year growth 2024-2029 (%)
      • 12.17 Italy - Market size and forecast 2024-2029
        • Chart on Italy - Market size and forecast 2024-2029 ($ million)
        • Data Table on Italy - Market size and forecast 2024-2029 ($ million)
        • Chart on Italy - Year-over-year growth 2024-2029 (%)
        • Data Table on Italy - Year-over-year growth 2024-2029 (%)
      • 12.18 Market opportunity by geography
        • Market opportunity by geography ($ million)
        • Data Tables on Market opportunity by geography ($ million)

      13 Drivers, Challenges, and Opportunity/Restraints

      • 13.1 Market drivers
        • 13.2 Market challenges
          • 13.3 Impact of drivers and challenges
            • Impact of drivers and challenges in 2024 and 2029
          • 13.4 Market opportunities/restraints

            14 Competitive Landscape

            • 14.1 Overview
              • 14.2 Competitive Landscape
                • Overview on criticality of inputs and factors of differentiation
              • 14.3 Landscape disruption
                • Overview on factors of disruption
              • 14.4 Industry risks
                • Impact of key risks on business

              15 Competitive Analysis

              • 15.1 Companies profiled
                • Companies covered
              • 15.2 Company ranking index
                • Company ranking index
              • 15.3 Market positioning of companies
                • Matrix on companies position and classification
              • 15.4 ABB Ltd.
                • ABB Ltd. - Overview
                • ABB Ltd. - Business segments
                • ABB Ltd. - Key news
                • ABB Ltd. - Key offerings
                • ABB Ltd. - Segment focus
                • SWOT
              • 15.5 Beckhoff Automation
                • Beckhoff Automation - Overview
                • Beckhoff Automation - Product / Service
                • Beckhoff Automation - Key offerings
                • SWOT
              • 15.6 Eaton Corp.
                • Eaton Corp. - Overview
                • Eaton Corp. - Business segments
                • Eaton Corp. - Key news
                • Eaton Corp. - Key offerings
                • Eaton Corp. - Segment focus
                • SWOT
              • 15.7 Emerson Electric Co.
                • Emerson Electric Co. - Overview
                • Emerson Electric Co. - Business segments
                • Emerson Electric Co. - Key news
                • Emerson Electric Co. - Key offerings
                • Emerson Electric Co. - Segment focus
                • SWOT
              • 15.8 IDEC Corp.
                • IDEC Corp. - Overview
                • IDEC Corp. - Business segments
                • IDEC Corp. - Key news
                • IDEC Corp. - Key offerings
                • IDEC Corp. - Segment focus
                • SWOT
              • 15.9 Infineon Technologies AG
                • Infineon Technologies AG - Overview
                • Infineon Technologies AG - Business segments
                • Infineon Technologies AG - Key news
                • Infineon Technologies AG - Key offerings
                • Infineon Technologies AG - Segment focus
                • SWOT
              • 15.10 Mitsubishi Electric Corp.
                • Mitsubishi Electric Corp. - Overview
                • Mitsubishi Electric Corp. - Business segments
                • Mitsubishi Electric Corp. - Key offerings
                • Mitsubishi Electric Corp. - Segment focus
                • SWOT
              • 15.11 OMRON Corp.
                • OMRON Corp. - Overview
                • OMRON Corp. - Business segments
                • OMRON Corp. - Key news
                • OMRON Corp. - Key offerings
                • OMRON Corp. - Segment focus
                • SWOT
              • 15.12 Panasonic Holdings Corp.
                • Panasonic Holdings Corp. - Overview
                • Panasonic Holdings Corp. - Product / Service
                • Panasonic Holdings Corp. - Key news
                • Panasonic Holdings Corp. - Key offerings
                • SWOT
              • 15.13 Parker Hannifin Corp.
                • Parker Hannifin Corp. - Overview
                • Parker Hannifin Corp. - Business segments
                • Parker Hannifin Corp. - Key news
                • Parker Hannifin Corp. - Key offerings
                • Parker Hannifin Corp. - Segment focus
                • SWOT
              • 15.14 Robert Bosch GmbH
                • Robert Bosch GmbH - Overview
                • Robert Bosch GmbH - Product / Service
                • Robert Bosch GmbH - Key news
                • Robert Bosch GmbH - Key offerings
                • SWOT
              • 15.15 Rockwell Automation Inc.
                • Rockwell Automation Inc. - Overview
                • Rockwell Automation Inc. - Business segments
                • Rockwell Automation Inc. - Key news
                • Rockwell Automation Inc. - Key offerings
                • Rockwell Automation Inc. - Segment focus
                • SWOT
              • 15.16 Schneider Electric SE
                • Schneider Electric SE - Overview
                • Schneider Electric SE - Business segments
                • Schneider Electric SE - Key news
                • Schneider Electric SE - Key offerings
                • Schneider Electric SE - Segment focus
                • SWOT
              • 15.17 Siemens
                • Siemens - Overview
                • Siemens - Business segments
                • Siemens - Key news
                • Siemens - Key offerings
                • Siemens - Segment focus
                • SWOT
              • 15.18 Toshiba Corp.
                • Toshiba Corp. - Overview
                • Toshiba Corp. - Business segments
                • Toshiba Corp. - Key news
                • Toshiba Corp. - Key offerings
                • Toshiba Corp. - Segment focus
                • SWOT

              16 Appendix

              • 16.1 Scope of the report
                • 16.2 Inclusions and exclusions checklist
                  • Inclusions checklist
                  • Exclusions checklist
                • 16.3 Currency conversion rates for US$
                  • Currency conversion rates for US$
                • 16.4 Research methodology
                  • Research methodology
                • 16.5 Data procurement
                  • Information sources
                • 16.6 Data validation
                  • Data validation
                • 16.7 Validation techniques employed for market sizing
                  • Validation techniques employed for market sizing
                • 16.8 Data synthesis
                  • Data synthesis
                • 16.9 360 degree market analysis
                  • 360 degree market analysis
                • 16.10 List of abbreviations
                  • List of abbreviations

                Research Methodology

                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

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Frequently Asked Questions

                Programmable Logic Controller (Plc) market growth will increase by $ 3.01 bn during 2025-2029 .

                The Programmable Logic Controller (Plc) market is expected to grow at a CAGR of 3.5% during 2025-2029 .

                Programmable Logic Controller (Plc) market is segmented by Product( Modular, Unitary, Rackmount) End-user( Process industry, Discrete industry, Building automation)

                ABB Ltd., Beckhoff Automation, Eaton Corp., Emerson Electric Co., Ependion AB, Festo SE and Co. KG, Furukawa Electric Co. Ltd., IDEC Corp., Infineon Technologies AG, Keyence Corp., Lenze SE, Mitsubishi Electric Corp., OMRON Corp., Panasonic Holdings Corp., Parker Hannifin Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens, Toshiba Corp. are a few of the key vendors in the Programmable Logic Controller (Plc) market.

                APAC will register the highest growth rate of 35% among the other regions. Therefore, the Programmable Logic Controller (Plc) market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

                US, China, Japan, Canada, Germany, UK, India, South Korea, France, Italy

                • Increasing demand for compact automation solutionsWith the advent of the Industrial Internet of Things (IIoT) is the driving factor this market.
                • which is also called Industry 4.0 in the context of automation is the driving factor this market.
                • challenges related to designing at a control level have increased significantly. IIoT provides various benefits is the driving factor this market.
                • such as real-time communication and reliability. It also increases the efficiency of industrial automation control systems. The use of IIoT for manufacturing and factory automation enables smart maintenance is the driving factor this market.
                • distributed intelligence systems is the driving factor this market.
                • and predictive analytics. However is the driving factor this market.
                • the rising adoption of IoT-enabled devices is causing design challenges related to the reduction of price and the attainment of the benefits of factory automation for manufacturers and system integrators.Factory automation processes can be divided into three levels for control is the driving factor this market.
                • namely is the driving factor this market.
                • the field level is the driving factor this market.
                • the control level is the driving factor this market.
                • and the operator level. The field level includes I/O modules is the driving factor this market.
                • sensors is the driving factor this market.
                • and actuators; the control level includes PLCs is the driving factor this market.
                • SCADA is the driving factor this market.
                • motor drives is the driving factor this market.
                • as well as controllers and DCS; the operator level includes HMI. Most large industrial manufacturing companies that have access to vast capital have automated their manufacturing processes completely. However is the driving factor this market.
                • moving to automated processes is challenging for small and medium-sized enterprises (SMEs) due to budget constraints. Hence is the driving factor this market.
                • most SMEs look for small form factors that can provide the same functionalities and features as large devices while consuming less power. The availability of PLCs enables SMEs to utilize control-level automation at a low cost without compromising productivity. Some vendors have developed PLCs that can stack multiple PLCs and handle a large number of I/O points with a maximum number of analog I/O. Vendors are also swiftly changing the features of their products based on end-user requirements. All these factors enable a seamless transition from traditional automation to Industry 4.0 in the manufacturing industry. Therefore is the driving factor this market.
                • the increasing demand for compact automation solutions is expected to drive the growth of the global programmable logic controller (PLC) market during the forecast period. is the driving factor this market.

                The Programmable Logic Controller (Plc) market vendors should focus on grabbing business opportunities from the Modular segment as it accounted for the largest market share in the base year.