![[Industry Research Report] PLC Market, $11.76 billion in 2022](https://image.mono.ipros.com/public/product/image/172/2000894154/IPROS05404134634225159255.jpeg?w=280&h=280)
[Industry Research Report] PLC Market, $11.76 billion in 2022
Expected to grow at a CAGR of 4.23% and reach $14.46 billion during the forecast period.
The revenue of the Programmable Logic Controller (PLC) market was $11.76 billion in 2023. It is expected to grow at a CAGR of 4.23% during the forecast period, reaching $14.46 billion. PLCs, which are electronic devices, are used in industrial control systems to monitor, manage, and control power, production processes, and building systems. Key components of a PLC include the power supply, CPU, input/output sections, and PLC programming. These controllers are highly durable and can withstand extreme temperatures, humidity, vibration, and electrical noise to meet the demands of harsh industrial environments. Ladder logic, function block diagrams, and sequential function charts are additional languages used in PLC programming. Overview of Segmentation By Type - Large PLC - Nano PLC - Small PLC - Medium PLC - Other Types By End User - Food, Tobacco, and Beverages - Automotive - Chemicals and Petrochemicals - Energy and Utilities - Pulp and Paper - Oil and Gas - Water Treatment and Wastewater Treatment - Pharmaceuticals - Other End User Industries
- Company：Panorama Data Insights Ltd.
- Price：Other
