Programmable Logic Controller Market Size

Programmable Logic Controller Market size was valued at USD 14.65 billion in 2024 and is poised to exceed USD 29.75 billion by the end of 2037, registering over 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of programmable logic controller is evaluated at USD 15.31 billion. The growth of the market can be attributed to the growing integration of automation in several industries and companies.  Workflow automation is required for boosting production according to 83% of IT leaders. Currently, 48% of organizations are implementing automation solutions to automate manual operations. Moreover, around 24% of businesses employ low-code process automation technologies, with 29% planning to do so shortly. These systems assist businesses in streamlining workflows, making better use of data, and conserving time and money.

In addition to this, the rising acceptance of renewable energy, which has increased the installation of solar and wind energy facilities, is thought to be fueling the programmable logic controller market expansion. Programmable logic controllers operate wind turbines, solar panels, and hydropower plants. They are also utilized to control and monitor the electricity through the system. They enable more accurate system control, improving efficiency and reducing waste. They may additionally monitor the system's functioning in real-time, identifying flaws and enabling for timely maintenance and adjustment. Between 2022 and 2027, global solar PV capacity is predicted to nearly triple, displacing coal as the world's largest source of electricity capacity.  Over the projection period, global wind capacity nearly doubled, with offshore projects contributing to one-fifth of the increase. Over the next five years, wind and solar will account for more than 90% of new renewable electricity capacity added.