Programmable Logic Controller (PLC) Market Size - By End Use (Aerospace & Defense, Automotive, Chemical, Energy & Utilities, Food & Beverages, Healthcare, Manufacturing, Mining & Metal, Oil & Gas, Transportation), Type, Component & Forecast, 2024 - 2032

Programmable Logic Controller (PLC) Market Size - By End Use (Aerospace & Defense, Automotive, Chemical, Energy & Utilities, Food & Beverages, Healthcare, Manufacturing, Mining & Metal, Oil & Gas, Transportation), Type, Component & Forecast, 2024 - 2032

Global Programmable Logic Controller (PLC) Market will witness over 10% CAGR between 2024 and 2032, with increased demand propelled by rising innovations and product launches from leading companies. With continuous technological upgrades, PLC manufacturers introduce innovative features, enhanced performance, and greater connectivity in their products.

For instance, in February 2024, Erqos unveiled a phone and cloud-connected programmable logic controller supported by a semi-automatic control code generator, which is AI-driven, alongside a corresponding tool for creating compatible phone apps. Named EQSP32, the DIN-rail controller was centered on an ESP32S3 microcontroller featuring Wi-Fi and Bluetooth capabilities. Equipped with digital and analog inputs and outputs, as well as serial buses, it catered to electricians, automation engineers, and electronics enthusiasts, enabling the development of solutions spanning industrial and home automation, remote monitoring, control, and instrumentation applications.

These innovations cater to evolving industrial automation needs, offering improved efficiency, flexibility, and scalability. As businesses seek smarter and more reliable automation solutions, the demand for PLCs with cutting-edge features continues to surge, driving market growth and fostering competition among industry players.

The overall Programmable Logic Controller (PLC) Market share is classified based on the type, end-use, and region.

Compact segment will undergo significant development from 2024 to 2032. With industries increasingly focusing on space-saving solutions, compact PLCs offer a streamlined and efficient approach to automation. These controllers, characterized by their small size and versatile capabilities, cater to applications where space is limited, such as small machinery, mobile equipment, and distributed control systems. As businesses seek compact yet powerful automation solutions, the demand for compact PLCs continues to grow, driving market expansion and innovation.

Programmable logic controller (plc) market size from the aerospace and defense segment will register a noteworthy CAGR from 2024 to 2032. In these industries, precision, reliability, and safety are paramount, driving the need for advanced automation solutions. PLCs play a crucial role in controlling and monitoring complex systems, including aircraft avionics and defense equipment. Their ability to ensure precise operation and real-time monitoring aligns with the stringent requirements of aerospace and defense applications. As these sectors continue to modernize and upgrade their systems, the demand for PLCs remains robust, driving market growth.

Europe programmable logic controller (plc) industry will showcase a commendable CAGR from 2024 to 2032. PLCs serve as essential components in various industries, including automotive, machinery, and manufacturing, facilitating efficient control and monitoring of processes. With Europe's focus on innovation and efficiency, there is a growing demand for advanced PLCs that offer enhanced functionality and connectivity. As industries in Europe continue to modernize and adopt smart manufacturing practices, the demand for PLCs remains strong, driving market growth and innovation.