Analysis of PLC Market in Recent Years

According to the global PLC market report released by Frorst & Sullivan, there is sufficient evidence that the PLC market

has shown positive growth in all areas. The PLC market has shown a strong rebound after experiingficant decline in previous

years in the past decade. It is estimated that the market will reach 14.85 billion U.S. dollars in 2018, an increase of 40% over

the previous five years. It is exciting that small and medium sized PLC will play a crucial role in the market growth.

ARC published a report on the market development of PLCs and PACs in August 2015. The key points are: The PLC and PAC

markets expanded in 2014. Among them, China and North America are the engines of growth. The growth prospects for the

market in 2015 and 2016 are not expected to be optimistic, mainly due to the fact that the BRIC countries (Brazil, Russia, India

and China) are no longer growth drivers. It is estimated that the current installed capacity of plc amounts to 52 million units, which

a small amount of plc accounts for a considerable amount and it is estimated that by 2019 it will reach 65 million units.

In the next five years, due to the rapid popularization of industrial internet of things and the gradual entry of cloud services into the

industrial market, PLCs are required to provide an interface directly with upper management software information systems such as

MES and ERP. The PLC system must be implemented from hardware and software Adapt to the needs of the new industrial revolution,

that is, smart manufacturing, or PLC manufacturers will face serious challenges.

If you want to know more about PLC Market or Apter Power, just send us a message