U.S 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)- Trends, Analysis and Forecast till 2034

Report Code: PMI539124 | Publish Date: June 2024 | No. of Pages: 164

Us Programmable Logic Controller Plc Market Overview

U.S. Programmable Logic Controller (PLC) Market Size was valued at USD 4.14 Billion in 2024 and is projected to grow at a CAGR of 18.2% to reach USD 18.90 Billion by 2034.

The USA Programmable Logic Controller (PLC) market plays a pivotal role in the nation's industrial automation sector, reflecting the broader digital transformation trend across various industries. PLCs are essential for automating complex industrial processes, ensuring operational efficiency, and enhancing safety standards. In the USA, the demand for PLCs is driven by the country's advanced manufacturing landscape, encompassing automotive, aerospace, food and beverage, pharmaceuticals, and energy sectors. These industries are increasingly adopting PLC technologies to remain competitive, optimize production, and respond to the growing need for innovative manufacturing solutions. The USA's commitment to innovation and technological advancement positions its PLC market as a dynamic and evolving sector within the global industrial automation framework.

Us Programmable Logic Controller Plc Market Dynamics

Key Drivers of Target Market:

Advanced Manufacturing and Industry 4.0

A primary driving factor for the PLC market in the USA is the nation's robust emphasis on advanced manufacturing and the adoption of Industry 4.0 principles. Industry 4.0 represents the convergence of digital and physical systems, where IoT (Internet of Things), big data, AI (Artificial Intelligence), and machine learning are integrated into manufacturing processes. In this context, PLCs are the backbone for automating and controlling these sophisticated industrial systems. American manufacturers heavily invest in smart factory initiatives, leveraging PLCs to achieve higher efficiency, real-time monitoring, and predictive maintenance. This technological shift is crucial for enhancing productivity, reducing operational costs, and maintaining the USA's competitive edge in the global market. The push towards digitalization and automation transforms traditional manufacturing landscapes, making PLCs indispensable tools for modern industrial operations.

Stringent Safety and Compliance Standards

Another significant driving factor in the USA PLC market is the stringent safety and compliance standards that govern industrial activities. The USA has rigorous regulations designed to ensure industrial operations' safety, reliability, and environmental sustainability. PLCs are integral to meeting these regulatory requirements by providing precise control and monitoring capabilities that enhance the safety and efficiency of industrial processes. In sectors such as oil and gas, chemicals, and energy, the use of PLCs helps mitigate risks, reduce accidents, and ensure compliance with federal and state regulations. Moreover, the growing focus on environmental sustainability and reducing carbon footprints further drives the adoption of energy-efficient and safe automation solutions, including PLCs. Companies are motivated to invest in PLC technologies to comply with regulatory standards and improve operational sustainability and safety outcomes.

Restrains:

High Initial Costs and Integration Complexity

Despite the clear advantages and growing demand, the USA PLC market faces challenges, with high initial costs and integration complexity being notable restraining factors. Implementing PLC systems requires a substantial investment in hardware, software, and training, which can be a significant barrier for small and medium-sized enterprises (SMEs). Additionally, the complexity involved in integrating PLCs with existing legacy systems and ensuring compatibility with other digital technologies can pose technical challenges. Companies often need to invest in specialized personnel to manage and maintain these systems, adding to the overall cost burden. This financial and technical challenge can slow down the adoption rate of PLC technology, particularly among smaller businesses that may need more resources to make significant upfront investments. The high cost and complexity of PLC implementation thus remain key obstacles to broader market penetration.

Us Programmable Logic Controller Plc Market Segmentation

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

U.S Programmable Logic Controller (PLC) Market Report Scope:

Attribute

Details

Market Size 2024

USD 4.14 Billion

Projected Market Size 2034

USD 18.90 Billion

CAGR Growth Rate

18.2%

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

Us Programmable Logic Controller Plc Market Key Players

The key players operating the Programmable Logic Controller (PLC) Market includes, ABB LTD., Delta Electronics, Inc., LKH PRECICON PTE LTD, SHENYANG VHANDY TECHNOLOGY CO., LTD., Panasonic Corporation, Mitsubishi Electric Corporation, ROCKWELL AUTOMATION, Omron Corporation.

Us Programmable Logic Controller Plc Market Company Profile

  • ABB LTD., Inc. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Delta Electronics, Inc.
  • LKH PRECICON PTE LTD  
  • SHENYANG VHANDY TECHNOLOGY CO., LTD.
  • Panasonic Corporation, Ltd.
  • Mitsubishi Electric Corporation  
  • ROCKWELL AUTOMATION, INC.
  • Omron Corporation         

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

Us 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

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
    • ABB LTD.   
    • Delta Electronics, Inc.
    • LKH PRECICON PTE LTD  
    • SHENYANG VHANDY TECHNOLOGY CO., LTD.
    • Panasonic Corporation, Ltd.
    • Mitsubishi Electric Corporation  
    • ROCKWELL AUTOMATION, Inc.
    • Omron Corporation   

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The U.S Programmable Logic Controller (PLC) Market is segmented into Type, and End User Industry.

Advanced manufacturing and industry 4.0 and stringent safety and compliance standards.

The key players operating the Programmable Logic Controller (PLC) Market includes, ABB LTD., Delta Electronics, Inc., LKH PRECICON PTE LTD, SHENYANG VHANDY TECHNOLOGY CO., LTD., Panasonic Corporation, Ltd., Mitsubishi Electric Corporation, ROCKWELL AUTOMATION, INC., Omron Corporation.