Programmable Automation Controller (PAC) Programming Software Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

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Overview and Scope
Programmable automation controller (PAC) programming software refers to a specialized type of software that industrial automation experts and technicians use to create and implement control logic for PACs. PACs are modern industrial control systems that combine the features of classic PLCs (Programmable Logic Controllers) with those of PCs (Personal Computers), resulting in increased flexibility, processing power, and communication. This software is used to enable users to create and customize control programs that govern the operation of PACs in industrial automation systems.

Sizing and Forecast
The programmable automation controller (PAC) programming software market size has grown rapidly in recent years. It will grow from $13.86 billion in 2023 to $16.29 billion in 2024 at a compound annual growth rate (CAGR) of 17.5%. The growth in the historic period can be attributed to the growth in need for cybersecurity solutions, increased emphasis on predictive maintenance, industry-specific solutions, enhanced diagnostics and troubleshooting, and demand for real-time control.

The programmable automation controller (PAC) programming software market size is expected to see rapid growth in the next few years. It will grow to $31.36 billion in 2028 at a compound annual growth rate (CAGR) of 17.8%. The growth in the forecast period can be attributed to demand for augmented reality (AR) and virtual reality (VR) integration, focus on digital twin technology, expansion of industrial IoT (IIOT) application, adoption of edge computing, and expansion of 5G networks. Major trends in the forecast period include the adoption of open standards and interoperability, the rise of hybrid and hybrid cloud architectures, emphasis on sustainability and green technologies, a shift towards low-code and no-code development, and a shift towards software-defined automation.

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Segmentation & Regional Insights
The programmable automation controller (pac) programming software market covered in this report is segmented –

1) By Type: HMI (Human Machine Interface) Software, Advanced Process Control (APC), Open Programmable Automation Controller System Server, Database Connectivity, Asset Management, Integrated Development Environment (IDE), Other Types
2) By Applications: Discreet Manufacturing, Process Manufacturing, Automotive, Semiconductor, Energy And Utilities, Chemical, Other Applications
3) By End User: Oil And Gas, Electric Power Construction, Food And Beverages, Water And Wastewater, Other End Users

North America was the largest region in the programmable automation controller (PAC) programming software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the programmable automation controller (PAC) programming software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rise in automation is expected to propel the growth of the programmable automation controller (PAC) programming software market going forward. Automation refers to the use of technology, such as machinery, software, or robotics, to perform tasks or processes with minimal human intervention. Automation is rising due to advancements in technology, increasing demand for efficiency and productivity, and the need to mitigate labor shortages and reduce operational costs. Programmable automation controller (PAC) programming software facilitates the development and implementation of customized automation solutions by enabling the configuration and control of complex industrial processes through intuitive programming interfaces. For instance, in September 2023, according to the International Federation of Robotics, a Germany-based non-profit organization, the installation of industrial robots surpassed 500,000 units in 2022, contributing an additional 5% to the previous record of 526,144 units installed in 2021. Additionally, in Asia, 404,578 units were installed, reflecting a 5% increase from the 2021 figure of 385,143 units. Therefore, the rise in automation is driving the growth of the programmable automation controller (PAC) programming software market.

Key Industry Players
Major companies operating in the programmable automation controller (PAC) programming software market report are Siemens AG; General Electric Company; Panasonic Holdings Corporation; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International Inc.; ABB Ltd.; Eaton Corporation; Emerson Electric Manufacturing Co; Delta Electronics Inc.; Rockwell Automation Inc.; Omron Corporation; Bosch Rexroth AG; Yaskawa Electric Corporation; Yokogawa Electric Corporation; Beckhoff Automation GmbH & Co KG; Phoenix Contact GmbH & Co KG; Advantech Co. Ltd.; WAGO Kontakttechnik GmbH & Co KG; SICK AG; National Instruments Corporation; B&R Industrial Automation GmbH; IDEC Corporation; Red Lion Controls

The programmable automation controller (pac) programming software market report table of contents includes:

1. Executive Summary
2. Programmable Automation Controller (PAC) Programming Software Market Characteristics
3. Programmable Automation Controller (PAC) Programming Software Market Trends And Strategies
4. Programmable Automation Controller (PAC) Programming Software Market – Macro Economic Scenario
5. Global Programmable Automation Controller (PAC) Programming Software Market Size and Growth
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32. Global Programmable Automation Controller (PAC) Programming Software Market Competitive Benchmarking
33. Global Programmable Automation Controller (PAC) Programming Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Programmable Automation Controller (PAC) Programming Software Market
35. Programmable Automation Controller (PAC) Programming Software Market Future Outlook and Potential Analysis
36. Appendix

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