North America Programmable Logic Controller (PLC) Market Size, Share, By Type (Hardware & Software (Nano PLC, Small PLC, Medium PLC, Large PLC, and Other Types) and Services), By End-user Industry (Food, Tobacco, & Beverage, Automotive, Chemical & Petrochemical, Energy & Utilities, Pharmaceuticals, Pulp & Paper, Oil & Gas, Water & Wastewater Treatment, and Other End-user Industries) and By Country (US and Canada) - Trends, Analysis and Forecast till 2034

Report Code: PMI539024 | Publish Date: June 2024 | No. of Pages: 136

North America Programmable Logic Controller Plc Market Overview

North America Programmable Logic Controller (PLC) Market Size was valued at USD 5.04 Billion in 2024 and is projected to grow at a CAGR of 18.2% to reach USD 23.02 Billion by 2034.

The North America Programmable Logic Controller (PLC) market is experiencing robust growth, driven by the increasing demand for automation and digitalization across various industries. PLCs are industrial digital computers used to control manufacturing processes such as assembly lines, robotic devices, or any activity requiring high-reliability control and are integral to modern industrial automation. The market is characterized by technological advancements that enhance the efficiency and reliability of these systems, making them indispensable in sectors such as automotive, energy, food and beverage, and pharmaceuticals. With the ongoing push towards Industry 4.0 and smart manufacturing, the PLC market in North America is poised for significant expansion.

North America Programmable Logic Controller Plc Market Dynamics

Key Drivers of Target Market:

Surge in Industrial Automation and Smart Manufacturing

A primary driving factor for the North America PLC market is the surge in industrial automation and the adoption of smart manufacturing technologies. Implementing PLCs has become crucial as industries strive to improve efficiency, reduce operational costs, and enhance productivity. PLCs provide precise control over complex manufacturing processes, allowing for real-time monitoring and adjustments, essential for optimizing operations. The transition towards Industry 4.0, characterized by integrating cyber-physical systems, the Internet of Things (IoT), and cloud computing in manufacturing, further accelerates the demand for advanced PLC systems. These systems enable seamless connectivity and data exchange across production lines, facilitating predictive maintenance, reducing downtime, and improving production quality. The increasing adoption of automation in industries such as automotive, where precision and reliability are paramount, is a testament to the critical role of PLCs in modern manufacturing.

Technological Advancements and Innovations in PLC Systems

Another significant driving factor is the continuous technological advancements and innovations in PLC systems. Modern PLCs evolve with enhanced capabilities, such as higher processing speeds, increased memory capacity, and improved connectivity features. Integrating advanced communication protocols and compatibility with IoT devices allow PLCs to interface seamlessly with various industrial components, leading to more cohesive and efficient operations. Innovations such as modular PLCs, which offer flexibility and scalability, are gaining traction as they enable industries to tailor their automation systems to specific needs and quickly expand them as requirements grow. Additionally, developing user-friendly programming languages and interfaces simplifies the programming and reprogramming of PLCs, reducing the need for specialized knowledge and making these systems more accessible to a broader range of users. These technological advancements enhance the functionality and performance of PLCs and drive their widespread adoption across diverse industrial applications.

Restrains:

High Initial Investment and Maintenance Costs

Despite the numerous benefits and increasing adoption of PLCs, the market faces challenges such as high initial investment and maintenance costs. The deployment of PLC systems requires significant capital expenditure, including the cost of hardware, software, installation, and integration with existing systems. These costs can be prohibitive for small and medium-sized enterprises (SMEs), limiting their ability to implement advanced automation solutions. Furthermore, maintaining and upgrading PLC systems involves ongoing expenses, including periodic software updates, hardware replacements, and the need for skilled personnel to manage and troubleshoot the systems. These maintenance costs can increase over time, posing a financial burden on companies, particularly those with tight budgets. Additionally, the rapid pace of technological advancements means that PLC systems can quickly become outdated, necessitating further Investment to stay current with the latest innovations. Addressing these cost-related challenges is crucial for ensuring broader adoption and sustained growth of the PLC market in North America.

North America Programmable Logic Controller Plc Market Segmentation

The market is segmented based on Type, End User Industry and Country.

North America Programmable Logic Controller (PLC) Market Report Scope:

Attribute

Details

Market Size 2024

USD 5.04 Billion

Projected Market Size 2034

USD 23.02 Billion

CAGR Growth Rate

18.00%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Hardware & Software (Nano PLC, Small PLC, Medium PLC, Large PLC, and Other Types) and Services

By End User Industry - Food, Tobacco, & Beverage, Automotive, Chemical & Petrochemical, Energy & Utilities, Pharmaceuticals, Pulp & Paper, Oil & Gas, Water & Wastewater Treatment, and Other End-user Industries

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study, has segmented the Programmable Logic Controller (PLC) Market report based on Type, End User Industry, and Country:

Segmentation:

By Type:

  • Hardware & Software
  • Nano PLC
  • Small PLC
  • Medium PLC
  • Large PLC
  • Other Types
  • Services  

By End User Industry:

  • Food, Tobacco, & Beverage
  • Automotive
  • Chemical & Petrochemical
  • Energy & Utilities
  • Pharmaceuticals
  • Pulp & Paper
  • Oil & Gas
  • Water & Wastewater Treatment
  • Other End-user Industries

By Country:

  • U.S
  • Canada

North America Programmable Logic Controller Plc Market Key Players

The key players operating the Programmable Logic Controller (PLC) Market includes, MAPLE SYSTEMS, INC., Cincinnati Fan, The MD-Kinney company, OMEGA ENGINEERING, INC., Ifm efector, inc., Rockwell Automation, ABB LTD., Siemens.

North America Programmable Logic Controller Plc Market Company Profile

  • MAPLE SYSTEMS, INC. , Inc. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cincinnati Fan
  • The MD-Kinney company   
  • OMEGA ENGINEERING, INC.
  • Ifm efector, inc., Ltd.
  • Rockwell Automation  
  • ABB LTD., INC., INC.
  • Siemens   

“*” marked represents similar segmentation in other categories in the respective section.

North America Programmable Logic Controller Plc Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By End User Industry
      • Market Snippet, By Country
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis

Market Segmentation, By Type, Forecast Period Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hardware & Software
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Services
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, End User Industry, Forecast Period Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Food, Tobacco, & Beverage
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Chemical & Petrochemical
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Energy & Utilities
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pharmaceuticals
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pulp & Paper
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Oil & Gas
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Water & Wastewater Treatment
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Other End-user Industries
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Country, Forecast Period Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
    • MAPLE SYSTEMS, INC.    
    • Cincinnati Fan
    • The MD-Kinney company   
    • OMEGA ENGINEERING, INC.
    • Ifm efector, inc.
    • Rockwell Automation  
    • ABB LTD., INC.
    • Siemens          

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The North America Programmable Logic Controller (PLC) Market is segmented into Type, End User Industry and Country.

Surge in Industrial Automation and Smart Manufacturing and Technological Advancements and Innovations in PLC Systems.

The Programmable Logic Controller (PLC) Market is segmented by country into the U.S.S and Canada. The U.S.S is expected to dominate the Market due to its large Investments.

The key players operating the Programmable Logic Controller (PLC) Market includes, MAPLE SYSTEMS, INC., Cincinnati Fan , The MD-Kinney company , OMEGA ENGINEERING, INC., Ifm efector, inc., Ltd., Rockwell Automation, ABB LTD., INC., INC., Siemens.