PLC Software Market Research Report: By Deployment Model (Cloud-Based, On-Premises), By Application (Process Control, Manufacturing Execution System (MES), Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Others), By Industry (Automotive, Chemical and Petrochemical, Energy and Utilities, Food and Beverage, Healthcare, Manufacturing, Metals and Mining, Paper and Pulp, Pharmaceuticals, Water and Wastewater, Others), By PLC Architecture (Modular, Compact, Rack-Mounted) and By Regional (North America, Europe,

PLC Software Market Overview

PLC Software Market Size was estimated at 20.91 (USD Billion) in 2022. The PLC Software Market Industry is expected to grow from 22.09(USD Billion) in 2023 to 36.18 (USD Billion) by 2032. The PLC Software Market CAGR (growth rate) is expected to be around 5.64% during the forecast period (2024 - 2032).

Key PLC Software Market Trends Highlighted

Key market drivers for the PLC Software Market include the rising demand for automation in industrial processes, increasing adoption of IIoT and Industry 4.0 technologies, and the growing need for improved operational efficiency.Opportunities in the market include the development of cloud-based Plc software, expansion into emerging markets, and integration with AI and machine learning capabilities. Recent trends in the market involve the adoption of wireless Plc software, a focus on cybersecurity, and the emergence of open-source Plc software solutions.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

PLC Software Market Drivers

Rising Adoption of Industrial Automation

The PLC Software Market Industry is anticipated to see growth due to the demand for automation in manufacturing industries. PLCs are devices that help in automating industrial processes. By using these devices, manufacturers can easily increase efficiency and reduce downtime of a process.

Further, by using PLCs for automation, manufacturers can easily monitor and control the manufacturing process. Industries such as automotive, electronic, food and beverages and pharmaceuticals procure PLCs since these processes require monitoring and control. As more and more industries are adopting the trend of automation the demand for PLC software is anticipated to rise.

Growing Complexity of Industrial Processes

The growing complexity of industrial processes is another significant driver of the PLC Software Market Industry. As manufacturing processes become more complicated, the need for advanced PLC software to handle and control these processes is also on the rise.

PLC software enables engineers to write complicated control programs capable of handling several inputs and outputs, conducting logical operations, and making decisions in real time. The ability of PLC software to handle increasingly complex functions is critical in industries such as robotics, energy management, and transportation.

Advancements in PLC Technology

In addition, the PLC Software Market Industry is growing due to progress in PLC technology. Innovations introduced by manufacturers create the need for updated applications with advanced features. There are new possibilities to use better processing power, memory capacity, communication abilities, and interface environments. For this reason, the market for PLC software is expected to grow as the technology advances further.

PLC Software Market Segment Insights

PLC Software Market Deployment Model Insights  

The deployment model segment of the PLC Software Market is bifurcated into cloud-based and on-premises. The cloud-based segment is expected to grow at a faster rate during the forecast period, owing to its benefits, such as scalability, flexibility, and cost-effectiveness. The on-premises segment, however, is expected to hold a larger market share due to its security and reliability. In 2023, the cloud-based segment accounted for around 35% of the PLC Software Market revenue.

The segment is expected to register a CAGR of 12.5% over the forecast period, reaching a valuation of USD 12.5 billion by 2032.The growth of this segment can be attributed to the increasing adoption of cloud computing technology by enterprises, as well as the growing popularity of SaaS (Software as a Service) and PaaS (Platform as a Service) models. The on-premises segment, on the other hand, accounted for around 65% of the PLC Software Market revenue in 2023. The segment is expected to grow at a CAGR of 4.5% over the forecast period, reaching a valuation of USD 18.2 billion by 2032.

The growth of this segment is primarily driven by the large installed base of on-premises Plc software systems, as well as the preference for on-premises deployment by enterprises with stringent security and data privacy requirements.The choice between cloud-based and on-premises deployment models depends on a number of factors, including the size and complexity of the enterprise, the industry vertical, the security and compliance requirements, and the budget. Cloud-based deployment is generally more suitable for small and medium-sized enterprises (SMEs) with limited IT resources, while on-premises deployment is more suitable for large enterprises with complex IT infrastructure and stringent security requirements.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

PLC Software Market Application Insights  

The PLC Software Market is segmented by Application into Process Control, Manufacturing Execution System (MES), Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), and Others. The Process Control segment held the largest market share in 2023, accounting for over 35% of the PLC Software Market revenue.

The growth of this segment is attributed to the increasing demand for automation and control solutions in various industries, including manufacturing, oil gas, and energy. The Manufacturing Execution System (MES) segment is expected to witness significant growth over the forecast period, owing to the rising adoption of MES systems to improve operational efficiency and productivity in manufacturing environments.

The Supervisory Control and Data Acquisition (SCADA) segment is also expected to grow steadily, driven by the increasing use of SCADA systems for monitoring and controlling industrial processes remotely. The Distributed Control System (DCS) segment is expected to maintain a steady growth rate as DCS systems continue to be widely used in large-scale industrial applications. The Others segment, which includes applications such as building automation and transportation, is expected to experience moderate growth over the forecast period.

PLC Software Market Industry Insights  

The Industry segment plays a significant role in the PLC Software Market, comprising various industries that utilize programmable logic controllers (PLCs) for automation and control. Key industries within this segment include Automotive, Chemical and Petrochemical, Energy and Utilities, Food and Beverage, Healthcare, Manufacturing, Metals and Mining, Paper and Pulp, Pharmaceuticals, Water and Wastewater, and Others.

The Automotive industry holds a substantial share of the PLC Software Market, driven by the increasing demand for automation in vehicle manufacturing processes to enhance efficiency and productivity.The Chemical and Petrochemical industry also represents a significant market share, as PLCs are crucial for optimizing production processes, ensuring safety, and maintaining regulatory compliance.

The Energy and Utilities sector leverages PLCs for grid management, power distribution, and renewable energy integration, contributing to the overall growth of the PLC Software Market. In 2023, the PLC Software Market revenue from the Industry segment is estimated to be around USD 12.45 billion, with a projected CAGR of 5.8% during the forecast period. This growth is attributed to the rising adoption of Industry 4.0 technologies, the need for improved operational efficiency, and increasing government regulations and industry standards.

PLC Software Market PLC Architecture Insights  

The PLC Architecture segment plays a crucial role in the PLC Software Market's growth trajectory. It encompasses three primary sub-segments: Modular, Compact, and Rack-Mounted architectures. In 2023, the PLC Software Market was valued at approximately 22.09 (USD Billion). Among the PLC Architecture sub-segments, the Modular architecture captured a significant market share, accounting for around 35% of the overall revenue.

The increasing adoption of modular PLCs in various industries, owing to their flexibility, scalability, and ease of maintenance, has contributed to this segment's growth.The Compact architecture, known for its space efficiency and cost-effectiveness, held a market share of approximately 28% in 2023. This sub-segment is expected to witness steady growth due to rising demand from small and medium-sized enterprises. The Rack-Mounted architecture, designed for high-performance applications, held a market share of around 37% in 2023. This segment is anticipated to experience significant growth due to the increasing adoption of automation in complex industrial processes.

PLC Software Market Regional Insights  

The PLC Software Market is segmented into regions comprising North America, Europe, Asia-Pacific, South America, and the Middle East  Africa. North America and Europe hold a significant share of the market due to the presence of numerous industrial automation companies and well-established manufacturing sectors. The Asia-Pacific region is expected to grow at a substantial CAGR owing to increasing industrialization, particularly in China and India. The South American market is projected to witness moderate growth, driven by expanding mining and agricultural industries. The Middle East & Africa region are anticipated to experience steady growth, supported by government initiatives to promote industrial development.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

PLC Software Market Key Players And Competitive Insights

The PLC Software Market’s Established Key players are involved in the constant development and expansion of their global footprints through partnerships, acquisition, as well as collaboration. This competitive environment also aids in advancing the development of PLC Software Market and in the introduction of new products and application areas. Some of the major companies operating in this market include Rockwell Automation, Siemens, Schneider Electric, AVEVA, Mitsubishi Electric, Honeywell

International, ABB, Emerson Electric, Yokogawa Electric Corporation and KEPWARE Technologies, which provide Programmable Logic Controller PLC software products for the implementation of this technology.Top PLC Software Market player Rockwell Automation provides industrial automation and information solutions worldwide. The company's product offerings in this market include PLCs, automation software and industrial networking.

Over the years, Rockwell Automation has become a partner of choice for organizations in various industries, including automotive, food and beverage, life sciences and mining. Moreover, in addition to its technological advancements, its global footprint in over 100 countries and its production network place Rockwell Automation as a leading PLC Software Market vendor, especially through its commitment to innovation and driving value for customers.

Siemens, another key player in the PLC Software Market, boasts a strong emphasis on digitalization and automation. Moreover, Siemens’ extensive product offerings include PLCs, automation software and industrial communication systems. With its presence in over 200 countries worldwide, Siemens’ customers are found across various printing market industries. Its Mission is to add value and optimize the operation of customers in the production of syngas and renewable energy gases.

Key Companies in the PLC Software Market Include

• Omron Corporation


• Rockwell Automation


• General Electric


• Emerson


• Beckhoff Automation


• Mitsubishi Electric


• Phoenix Contact


• Yokogawa Electric


• Schneider Electric


• Siemens


• KUKA


• ABB


• Honeywell


• Emerson Electric

PLC Software Market Industry Developments

The PLC Software Market is projected to grow from USD 22.09 billion in 2023 to USD 36.18 billion by 2032, exhibiting a CAGR of 5.64% during the forecast period. This growth can be attributed to the increasing adoption of automation and digitalization in various industries, such as manufacturing, automotive, and energy. Additionally, the growing demand for remote monitoring and control solutions, coupled with the need to enhance operational efficiency and reduce downtime, is driving market expansion.

Recent advancements in cloud computing, the Internet of Things (IoT), and edge computing are further fueling market growth by enabling the integration of PLC software with these technologies. Key players in the market include Siemens, Rockwell Automation, Schneider Electric, ABB, and Mitsubishi Electric, among others.

PLC Software Market Segmentation Insights

1. 
   

   PLC Software Market Deployment Model Outlook

   
   
   
   
   1. Cloud-Based
   
   
   2. On-Premises
   
   
   
   

2. 
   

   PLC Software Market Application Outlook

   
   
   
   
   1. Process Control
   
   
   2. Manufacturing Execution System (MES)
   
   
   3. Supervisory Control and Data Acquisition (SCADA)
   
   
   4. Distributed Control System (DCS)
   
   
   5. Others
   
   
   
   

3. 
   

   PLC Software Market Industry Outlook

   
   
   
   
   1. Automotive
   
   
   2. Chemical and Petrochemical
   
   
   3. Energy and Utilities
   
   
   4. Food and Beverage
   
   
   5. Healthcare
   
   
   6. Manufacturing
   
   
   7. Metals and Mining
   
   
   8. Paper and Pulp
   
   
   9. Pharmaceuticals
   
   
   10. Water and Wastewater
   
   
   11. Others
   
   
   
   

4. 
   

   PLC Software Market PLC Architecture Outlook

   
   
   
   
   1. Modular
   
   
   2. Compact
   
   
   3. Rack-Mounted
   
   
   
   

5. 
   

   PLC Software Market Regional Outlook

   
   
   
   
   1. North America
   
   
   2. Europe
   
   
   3. South America
   
   
   4. Asia Pacific
   
   
   5. Middle East and Africa