Market Size of Programmable Automation Controller (PAC) Programming Software Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 15.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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PAC Programming Software Market Analysis
The Programmable Automation Controller (PAC) programming software market is expected to register a CAGR of 15% during the forecast period (2021 - 2026). With the rapid increase in demand for the automated manufacturing process in various verticals, such as manufacturing, automotive, and chemical, the market is expected to witness high growth.
- PACs are the combined features of traditional automation technologies, such as distributed control systems (DCSs), programmable logic controllers (PLCs), personal computers (PCs), and remote terminal units (RTUs).
- The rapidly rising need for automation and with the increasing technological advancements in the field of sensors, machine size (emergence of smaller automated machines), software, the market is witnessing high growth.
- The usage of PAC's will shift firms' focus on open communication standards and software integration with less focus on the hardware. As users focus more on the total system performance rather than just the hardware selection, PAC's will become more demanding by customers who are not satisfied by traditional PLC's.
- Moreover, the rise in industrialization and increase in the number of manufacturing units across several developed as well as developing regions including North America, Europe, and Asia-Pacific will further boost the market studied.
