MARKET AND OVERVIEW
The U.S. market size is estimated at $ million in 2024, while China is to reach $ million.
Modular PLCs segment will reach $ million by 2031, with a % CAGR in next six years.
The global key manufacturers of Panel-mount PLCs include AkYtec GmbH, CAREL, Crouzet, Eaton, EUROTHERM PROCESS, GE, Horner APG, MECT SRL, Nanda Automation Technology Jiangsu Co., Ltd., OMRON, etc. In 2024, the global top five players had a share approximately % in terms of revenue.
MARKET SIZE AND GROWTH
The global Panel-mount PLCs Market was valued at 884 million in 2024 and is projected to reach US$ 1323 million by 2031, at a CAGR of 6.1% during the forecast period.
