Programmable Logic Controller (PLC) Market Set to Reach USD 17.2...

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2026-05-13 16:51:44 -

Programmable Logic Controller (PLC) Market Set to Reach USD 17.2 Billion by 2031 Driven by Industrial Automation Demand

The global Programmable Logic Controller (PLC) market is witnessing strong growth as industries worldwide accelerate automation, smart manufacturing, and digital transformation initiatives. Valued at US$ 11.6 Bn in 2022, the market is projected to expand at a CAGR of 4.7% from 2023 to 2031, reaching US$ 17.2 Bn by the end of 2031. PLCs are among the most important...

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