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Industrial Automation Revenue by Hardware Type

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Industrial Automation Revenue by Hardware TypeRevenue (USD)Source: ABI Research (AN-5793)020B40B60B80B20232024202520262027202820292030203120322033Programmable Logic Controllers (PLCs)Industrial Personal Computers (IPCs)Human Machine Interfaces (HMIs)

SOURCE RESEARCH

Industrial Automation Hardware Innovation: PLCs, IPCs, and HMIs

Report | 2Q 2023 | AN-5793

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ABI Research forecasts manufacturing companies to increase their spending on industrial automation hardware by a CAGR of 5.14% from 2023 to 2033, increasing from US$38.7 billion to US$64 billion, as companies progressively deploy automation solutions to increase data acquisition and drive improvements in efficiency.