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Global Programmable Automation Controller Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Programmable Automation Controller Market value is expected to reach $17.2 billion growing at a CAGR of 7.2% during 2022-2028.The control of multiple pieces of equipment can be automated using a PC and programmable logic controller combined with multitasking capabilities. It offers a combination of elements from conventional automation technologies such personal computers, programmable logic controllers, distributed control systems, and remote terminal units. This one-of-a-kind multi-discipline development platform manages many tasks across many domains and provides precise and timely data.
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North America is projected to have the highest CAGR over the forecast period, owing to rapid technological and sensor developments. The developed industrial and manufacturing sector already drives automation. Thus, ongoing rapid industrialization is responsible for the significant adoption across the region. Furthermore, increasing usage of industrial robots and research and development is fuelling the growth of the region.
Some of the key players profiled in the Programmable Automation Controller Market include Rockwell Automation, Inc., Siemens AG, Schneider Electric SE, Delta Energy Systems, Inc., Artila Electronics Co. Ltd., Omron Corporation, General Electric, ICP DAS USA, Inc., Advantech Co., Ltd., ABB Ltd., Emerson Electric Company, Intelligent Motor Control Limited, Stirling Technical Engineering Ltd., Yokogawa Electric Corporation and MKS Instruments.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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