Plc Industry Statistics

PLC industry statistics reveal a positive growth trend in terms of revenue, market share, and technological advancements.

Statistic 1

"The global PLC market was valued at USD 10.81 billion in 2020."

Sources Icon

Statistic 2

"The programmable logic controller (PLC) market is expected to reach USD 15.62 Billion by 2027, growing at a CAGR of 7.5%."

Sources Icon

Statistic 3

"The trend towards PLC miniaturization is leading to an increase in their application across various sectors."

Sources Icon

Statistic 4

"The Compact PLC is expected to hold the largest market share in the year 2020 and is expected to grow at a higher CAGR."

Sources Icon

Statistic 5

"In 2019, in the United States over 1.24 million PLCs were shipped."

Sources Icon

Statistic 6

"The process industry segment is expected to be the fastest-growing application of the PLC market during 2020–2025."

Sources Icon

Statistic 7

"Siemens was the most popular PLC brand in Europe in 2019."

Sources Icon

Statistic 8

"In 2019, food & beverage was the second-largest industry, after automotive, where industrial PLCs were used."

Sources Icon

Statistic 9

"The oil & gas industry is anticipated to generate revenue of USD 4.2 billion by 2027 in the global PLC market."

Sources Icon

Statistic 10

"The water and wastewater industry is projected to observe a growth rate of 5.9% in the PLC market over the forecast period."

Sources Icon

Statistic 11

"The Middle East and Africa PLC market is expected to reach USD 1.03 billion by 2027."

Sources Icon

Statistic 12

"Between 2021-2026, the PLC market in Latin America is expected to grow at a CAGR of 6.4%."

Sources Icon

Statistic 13

"The energy and power generation sector will increase its use of PLCs at a CAGR of 4.7% between 2019 to 2027."

Sources Icon

Statistic 14

"The demand for smart automation solutions is driving the growth of the global PLC market, which is projected to expand at a CAGR of 2.7% during the forecast period 2020 to 2030."

Sources Icon

Statistic 15

"The market for PLCs in the pharmaceutical industry is expected to grow at a CAGR of over 7% during the period 2020–2025."

Sources Icon

Statistic 16

"The Modular PLC segment is projected to account for USD 7.39 billion by 2025, growing at a CAGR of 7% during the forecast period of 2020 to 2025."

Sources Icon

Statistic 17

"By 2024, global demand for PLCs is expected to reach about 12.3 million units."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!