Panel-mount PLCs Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 3.9 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global panel-mount PLCs (Programmable Logic Controllers) market was valued at approximately USD 5.2 billion in 2022 and is projected to reach around USD 7.5 billion by 2027. This growth corresponds to a compound annual growth rate (CAGR) of 7.3% during the forecast period. The increasing adoption of automation in various industries, including manufacturing, automotive, and energy, is driving this market expansion. As industries seek to improve efficiency and operational reliability, the demand for advanced panel-mount PLCs equipped with enhanced processing power and connectivity features continues to rise.
Emerging markets present significant opportunities for growth in the panel-mount PLCs sector. Regions such as Asia-Pacific, particularly countries like China and India, are witnessing rapid industrialization and infrastructure development, which are accelerating the adoption of automation technologies. The shift towards smart factories and Industry 4.0 initiatives is further fueling demand for panel-mount PLCs. Additionally, advancements in IoT (Internet of Things) and increased focus on energy-efficient solutions are expected to open new avenues for market players. These trends highlight the promising prospects for market expansion and innovation in the coming years.
Get an In-Depth Research Analysis of the Global Panel-mount PLCs Market Size And Forecast [2025-2032]
AkYtec GmbH
CAREL
Crouzet
Eaton
EUROTHERM PROCESS
GE
Horner APG
MECT SRL
Nanda Automation Technology Jiangsu Co.
Ltd.
OMRON
SELEC Controls Pvt. Ltd.
TCI
TECO ELECTRIC & MACHINERY Co.
Ltd.
Unitronics
YOKOGAWA
Zander GmbH
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Panel-mount PLCs Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Panel-mount PLCs Market
Industrial
Automotive
Others
Based on Types the Market is categorized into Below types that held the largest Panel-mount PLCs market share In 2023.
Modular PLCs
Fixed PLCs
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Panel-mount PLCs Market Research Analysis
1. Introduction of the Global Panel-mount PLCs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Panel-mount PLCs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Panel-mount PLCs Market, By Type
6. Global Panel-mount PLCs Market, By Application
7. Global Panel-mount PLCs Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Panel-mount PLCs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/