Industrial Controls Market Estimated to Experience a Hike in Growth By 2034
Allied Market Research, titled “ Industrial Controls Market ," The industrial controls market was valued at $157.32 billion in 2024, and is estimated to reach $321.6 billion by 2034, growing at a CAGR of 7.6% from 2025 to 2034. Industrial Control refers to the use of automated systems, hardware, and software to monitor, manage, and regulate industrial processes across sectors such as manufacturing, energy, mining, and oil and gas. These systems, including Programmable Logic Controllers (PLC), Distributed Control Systems (DCS), and Supervisory Control and Data Acquisition (SCADA), ensure efficient operations, real-time monitoring, and process optimization. Moreover, industrial control enhances productivity, safety, and energy efficiency by reducing human intervention and minimizing errors. The main aim of industrial control is to automate, monitor, and optimize industrial processes to enhance efficiency, safety, and productivity. Industrial control systems (ICS), including SCAD...