Technology & Telecommunications · Indirect
Monitoring · monthlyProcurement Category Intelligence
Programmable Logic Controllers
Overview
Market size
$13
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$16
What changed
Demand by region
Asia-Pacific demand35%
Europe demand28%
North America demand25%
Rest of world demand12%
share of global demandtotal 100%
Cost drivers
Semiconductors and electronic components35%
Labor and manufacturing assembly25%
Plastics and metal enclosures15%
Logistics and distribution15%
Software and firmware licensing10%
share of delivered cost (analyst estimate)