The global Programmable Logic Controller (PLC) and PLC-based Programmable Automation Controller (PAC) market declined significantly across all regions of the world in 2009. The market declined in emerging economies as well, but the decline was much less severe in those regions due to substantial infrastructure stimulus funding, fewer financial institutional issues, and a more rapid turnaround in local consumer demand for goods and services. While it is difficult to view any market growth through the lenses of the recent economic environment, there are many dynamics that will drive market growth over the next five-year forecast period.
Industries will continue to invest in automation. As a result, the worldwide market for PLCs and PLC-based PACs is expected to grow over the next five years. “Growing demands for energy savings, higher infrastructure productivity, increased production accuracy, better product quality, greater machine agility, tighter process control, and additional safety are some of the crucial factors that will fuel market growth,“ according to Senior Analyst Himanshu Shah, the principal author of ARC’s “Programmable Logic Controller (PLC) and PLC-based Programmable Automation Controller (PAC) Worldwide Outlook.”
Growing Infrastructure Investments Fuel Market Growth
New stimulus packages from various governments added more investments in the infrastructure industries, including new road construction, water & wastewater infrastructure, and electric power generating plants. Globalization has also created a large demand for modern infrastructure, especially in emerging economies. Airport facilities and new road construction are driving demand for products from the metals & mining, cement & glass, and oil & gas industries. Emerging economies know that their current infrastructure is a huge bottleneck for their continuing high economic growth. PLCs and PLC-based PACs will benefit in this environment as it is a key component for any infrastructure development and operation.
Regional Dynamics
Europe, the Middle East, and Africa (EMEA), the largest PLC and PLC-based PAC market, was particularly hit the hardest compared to other world regions. Within EMEA, Germany suffered heavily during the 2009 economic turmoil, as its life blood export activities came to a screeching halt and the automotive industry basically stopped investing in capital equipment.
The North American market had started declining even before EMEA felt the pain. With the automotive market already depressed and the entire financial infrastructure facing cataclysm, the PLC and PLC-based PAC market declined at a rapid pace.
In Asia, Japan also faced a huge contraction. The China market experienced strong growth during the past few years, but future growth is expected to be a bit more modest. The electric power and pharmaceutical industries will invest heavily in PLCs and PLC-based PACs, but the export market will grow at a somewhat slower pace than in the past.
In addition to market analysis and forecasts, the study also covers the strategic issues that influence the market, today and in the future. In addition to the quantitative assessment of the PLC and PLC-based PAC market, this report provides an insightful analysis of the products and strategies of leading PLC and PLC-based PAC suppliers and explores issues that will impact this business in the future.
About ARC: Founded in 1986, ARC Advisory Group is the leading research and advisory firm for industry. Our coverage of technology from business systems to product and asset lifecycle management, supply chain management, operations management, and automation systems makes us the go-to firm for business and IT executives around the world. For the complex business issues facing organizations today, our analysts have the industry knowledge and first-hand experience to help our clients find the best answers.
Industries will continue to invest in automation. As a result, the worldwide market for PLCs and PLC-based PACs is expected to grow over the next five years. “Growing demands for energy savings, higher infrastructure productivity, increased production accuracy, better product quality, greater machine agility, tighter process control, and additional safety are some of the crucial factors that will fuel market growth,“ according to Senior Analyst Himanshu Shah, the principal author of ARC’s “Programmable Logic Controller (PLC) and PLC-based Programmable Automation Controller (PAC) Worldwide Outlook.”
Growing Infrastructure Investments Fuel Market Growth
New stimulus packages from various governments added more investments in the infrastructure industries, including new road construction, water & wastewater infrastructure, and electric power generating plants. Globalization has also created a large demand for modern infrastructure, especially in emerging economies. Airport facilities and new road construction are driving demand for products from the metals & mining, cement & glass, and oil & gas industries. Emerging economies know that their current infrastructure is a huge bottleneck for their continuing high economic growth. PLCs and PLC-based PACs will benefit in this environment as it is a key component for any infrastructure development and operation.
Regional Dynamics
Europe, the Middle East, and Africa (EMEA), the largest PLC and PLC-based PAC market, was particularly hit the hardest compared to other world regions. Within EMEA, Germany suffered heavily during the 2009 economic turmoil, as its life blood export activities came to a screeching halt and the automotive industry basically stopped investing in capital equipment.
The North American market had started declining even before EMEA felt the pain. With the automotive market already depressed and the entire financial infrastructure facing cataclysm, the PLC and PLC-based PAC market declined at a rapid pace.
In Asia, Japan also faced a huge contraction. The China market experienced strong growth during the past few years, but future growth is expected to be a bit more modest. The electric power and pharmaceutical industries will invest heavily in PLCs and PLC-based PACs, but the export market will grow at a somewhat slower pace than in the past.
In addition to market analysis and forecasts, the study also covers the strategic issues that influence the market, today and in the future. In addition to the quantitative assessment of the PLC and PLC-based PAC market, this report provides an insightful analysis of the products and strategies of leading PLC and PLC-based PAC suppliers and explores issues that will impact this business in the future.
About ARC: Founded in 1986, ARC Advisory Group is the leading research and advisory firm for industry. Our coverage of technology from business systems to product and asset lifecycle management, supply chain management, operations management, and automation systems makes us the go-to firm for business and IT executives around the world. For the complex business issues facing organizations today, our analysts have the industry knowledge and first-hand experience to help our clients find the best answers.
声明:本网站所收集的部分公开资料来源于互联网,转载的目的在于传递更多信息及用于网络分享,并不代表本站赞同其观点和对其真实性负责,也不构成任何其他建议。本站部分作品是由网友自主投稿和发布、编辑整理上传,对此类作品本站仅提供交流平台,不为其版权负责。如果您发现网站上所用视频、图片、文字如涉及作品版权问题,请第一时间告知,我们将根据您提供的证明材料确认版权并按国家标准支付稿酬或立即删除内容,以保证您的权益!联系电话:010-58612588 或 Email:editor@mmsonline.com.cn。
网友评论
匿名:
最新反馈
- 暂无反馈
无须注册,轻松沟通