Press release
Programmable Logic Controllers (PLC) Market Expands with Industry 4.0, Smart Manufacturing & Process Automation | Market Players: Allen-Bradley, Delta Electronics, ABB, Bosch, Siemens AG
Programmable Logic Controllers Market is expected to grow at a CAGR of 4.77% during the forecast period (2024-2031).The global Programmable Logic Controllers market has witnessed significant growth over the past few years, driven by increasing demand across multiple industries and advancements in technology. The market is characterized by rising adoption of innovative solutions, growing consumer awareness, and supportive government regulations in major economies. As industries continue to prioritize efficiency, sustainability, and cost optimization, Programmable Logic Controllers is becoming a critical enabler of business transformation.
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The PLC market involves industrial digital computers used for automation of electromechanical processes, including manufacturing lines and robotic devices. Increasing adoption of smart factories, Industry 4.0 integration, and the need for real-time monitoring and control in manufacturing are propelling market growth, with manufacturers focusing on advanced communication protocols and cybersecurity features.
Key Highlights from the Report
➤ The Programmable Logic Controllers market is projected to grow at a CAGR of 4.77% between 2024-2031.
➤ Modular PLCs dominate for flexibility in automation, whereas compact PLCs grow fastest in SMEs.
➤ North America holds the largest share of the PLC market, while Asia Pacific is growing fastest with smart factory adoption.
➤ Strategic collaborations and M&A activities are shaping the competitive landscape.
➤ Sustainability and digital transformation are creating new opportunities in the market.
Market Segmentation
By Product Type (Compact PLC, Modular PLC), By Application (Industrial Automation, Power Transmission and Distribution Systems and others), By Industry Vertical (Steel Industry, Automobile Industry, Chemical Industry, Glass Industry, Paper Industry, Energy Sector)
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Regional Insights
The global Programmable Logic Controllers market demonstrates strong performance across multiple regions:
• North America leads the market due to high adoption rates, strong R&D activities, and the presence of key market players.
• Europe benefits from stringent regulations, increasing focus on sustainability, and government-backed innovation programs.
• Asia-Pacific is expected to witness the fastest growth during the forecast period, fueled by rapid industrialization, growing consumer base, and rising investment in infrastructure.
• Latin America and Middle East & Africa are also showing promising growth, supported by economic reforms and foreign direct investments.
Market Drivers
Growth in the PLC market is fueled by the increasing adoption of industrial automation, smart manufacturing, and Industry 4.0 initiatives. Rising demand from automotive, energy, and chemical industries, coupled with advancements in remote monitoring and real-time data analytics, is boosting market expansion.
Reasons to Buy the Report
✔ Comprehensive market insights with accurate growth projections through 2032.
✔ In-depth segmentation analysis to identify high-growth areas.
✔ Regional breakdown highlighting key opportunities across global markets.
✔ Competitive landscape profiling leading players and recent strategic moves.
✔ Actionable insights for investors, policymakers, and industry stakeholders.
Frequently Asked Questions (FAQs)
◆ How Big is the Global Programmable Logic Controllers Market?
◆ Who are the Key Players in the Programmable Logic Controllers Industry?
◆ What is the Projected Growth Rate (CAGR) of the Market from 2025 to 2032?
◆ What is the Forecast Value of the Market by 2032?
◆ Which Region is Expected to Dominate the Market During the Forecast Period?
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Company Insights
Key players operating in the Programmable Logic Controllers market include:
Allen-Bradley, Delta Electronics, ABB, Bosch, Siemens AG, Mitsubishi Corporation, General Electric, Schneider Electric, Honneywell and Modicon.
Recent Developments
➠ In July 2025, JAC took a ~4% stake in Omron-an automation and factory control systems maker including PLC offerings-for ~30 billion yen (~US $210 million). This signals private equity interest in industrial automation platforms.
➠ Honeywell announced a split into three entities-including one focused on process automation (which houses PLC-related offerings)-with spinoffs slated through end of 2026.
Conclusion
The global Programmable Logic Controllers market is positioned for significant growth, driven by strong demand across industries, technological innovation, and supportive regulatory environments. While challenges such as high costs and regulatory hurdles exist, emerging opportunities in digital transformation, sustainability, and new applications are expected to create profitable pathways for market players. Companies that invest in innovation and strategic collaborations will remain at the forefront of this evolving landscape.
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