The global Programmable Logic Controller (PLC) market size is projected to reach USD 20.92 billion by 2029

• Global Programmable Logic Controller (PLC) Market

A programmable logic controller, PLC, is a digital computer used for automation of typically industrial electromechanical processes, such as control of machinery on factory assembly lines, amusement rides, or light fixtures. PLCs are used in many machines, in many industries. PLCs are designed for multiple arrangements of digital and analog inputs and outputs, extended temperature ranges, immunity to electrical noise, and resistance to vibration and impact. Programs to control machine operation are typically stored in battery-backed-up or non-volatile memory. A PLC is an example of a "hard" real-time system since output results must be produced in response to input conditions within a limited time, otherwise unintended operation will result.

According to the new market research report “Global Programmable Logic Controller (PLC) Market Report 2023-2029”, published by GIResearch, the global Programmable Logic Controller (PLC) market size is projected to reach USD 20.92 billion by 2029, at a CAGR of 5.6% during the forecast period.

• Global Programmable Logic Controller (PLC) MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Programmable Logic Controller (PLC) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(PLC) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact GIResearch..

• Global Programmable Logic Controller (PLC) Top14 Players Rankingand Market Share (Ranking is based on the revenue of 2022, continually updated)

Source: GlobalInfoResearch, “Global Programmable Logic Controller (PLC) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(PLC) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact GIResearch.

The global key manufacturers of Programmable Logic Controller (PLC) include Siemens, Rockwell(A-B), Mitsubishi, Schneider(Modicon), Omron, Emerson(GE Fanuc), ABB(B&R), Bosch Rexroth, Fuji, Toshiba, etc. In 2022, the global top five players had a share approximately 81.0% in terms of revenue.

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