Programmable Logic Controller (PLC) Market Size, Share, Growth Analysis, By Type(Integrated or compact PLC, Modular PLC, Small PLC, Medium sized PLC), By Solution(Hardware, Processor, Power supply, Input/Output (I/O)), By Industry vertical(Energy & Power, Automotive, Oil & Gas, Pharmaceutical), By Region - Industry Forecast 2024-2031

Programmable Logic Controller (PLC) Market size was valued at USD 11.6 billion in 2019 and is poised to grow from USD 12.69 billion in 2023 to USD 18.3 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).

A programmable logic controller (PLC) is an industrial computer control system that continuously monitors the state of input devices and makes decisions based on a custom program to control the state of output devices. PLCs have become an essential device for automating manufacturing processes. PLCs are used in a variety of industries, including the automobile, steel, energy, and chemical industries. In industrial control systems, a PLC is an electronic device that monitors, controls, and manages building systems, production processes, and power. To meet the demand for harsh industrial environments, programmable logic controllers are designed to be extremely robust, often capable of withstanding extreme vibration, humidity, temperature, and electrical noise. A programmable logic controller (PLC) is an industrial computer control system that continuously monitors the state of input devices and makes decisions based on a custom program to control the state of output devices. PLCs have become an essential device for automating manufacturing processes. PLCs are used in a variety of industries, including the automobile, steel, energy, and chemical industries. In industrial control systems, a PLC is an electronic device that monitors, controls, and manages building systems, production processes, and power. To meet the demand for harsh industrial environments, programmable logic controllers are designed to be extremely robust, often capable of withstanding extreme vibration, humidity, temperature, and electrical noise.

US Programmable Logic Controller Market is poised to grow at a sustainable CAGR for the next forecast year.