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Global Programmable Logic Controller Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Global Programmable Logic Controller Market Report, Market

Stratistics MRC's Global Programmable Logic Controller Market value is expected to reach $22.8 billion growing at a CAGR of 7.7% during 2022-2028.

Programmable logic controllers (PLCs) have greatly improved in terms of capability, usability, communications, and programming flexibility. To meet the demand for harsh industrial environments, these controllers are designed to be extremely robust, often capable of withstanding extreme temperatures, humidity, vibration, and electrical noise. Furthermore, several languages are used in PLC programming that are sequential function chart, ladder logic, and functional block diagrams.
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By geography, North America is projected to have the highest CAGR over the forecast period, owing to the increasing demand for automation across the industries like automotive, food and beverages. The dominance is also maintained by smart manufacturing projects, which also make it easier for factory automation and intelligence to be widely adopted. The government is concentrating on the construction of smart cities, and over the projection period, there will be a considerable demand for industrial digital computers.

Some of the key players profiled in the Programmable Logic Controller Market include ABB Ltd., Toshiba, Schneider Electric SE, Robert Bosch GmbH, Mitsubishi Electric Corporation, Eaton, Rockwell Automation, Inc., Koyo Electronics, Panasonic, Yokogawa, Fuji Electric, Keyence, Siemens AG, Omron Corporation, IDEC, Emerson Electric Co and Hitachi Ltd.
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Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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