Massive Expenditures in Manufacturing Propels PLC Growth
This study provides an in-depth analysis of the Programmable Logic Controller (PLC) business in China. In addition to market shares, market size and forecasts, the study also covers strategic issues of importance.
Global economic integration and increasing domestic demand largely contribute to the emergence of China as the world‘s manufacturing hub. Manufacturers are increasingly investing in automation to gain a competitive edge and improve their productivity. Companies want to achieve economies of scale and global competitiveness and this leads to a dramatic rise in PLC demand.
Rapid manufacturing growth is resulting in healthy growth for PLCs and all segments of automation products and services. Besides automation, PLC market growth is also driven by crucial factors such as condition monitoring, safety, collaborative manufacturing, and real-time optimization strategies.
This report addresses the expanding role of PLCs and also identifies overall PLC trends in products, platforms, market sectors, and application segments where large investments take place.
Strategic Issues
Suppliers need to gain a good understanding of the marketplace and develop growth strategies. Strengthening value propositions is more important than ever, as the market becomes increasingly competitive. Some of the key issues addressed in this study are:
- Which industries are growing in China?
- What are the growth trends for different sizes of PLCs?
- What strategies work well in China?
- What are the unique demands of China’s marketplace?
- What are the factors that will affect the growth of this market in the future?