After Two Years of Robust Growth, the PLC Market Cools Off as Key Economies Face Recession

New ARC Advisory Group research on the Programmable Logic Controllers (PLCs) and PLC-based Programmable Automation Controllers (PACs) market reveals that a slowdown in nearly all markets worldwide is likely in the next two years. After two years of robust growth, the market for PLCs and PLC-based PACs will slow down considerably in 2019 as key economies face recession. After a decade of continuous economic expansion driven mainly by China, this slowdown will expose just how much economic interdependencies have shifted.

“The PLC market is coming off two strong growth years, following seven years of ups and downs in the wake of the 2009 financial crisis.  That growth spurt is now finished, and the prognosis for the next five years is sobering.  PLC purchases depend heavily on the mood of industrial players who invest in equipment for the long-term, and that mood has been darkened recently by the cooling off in China and the uncertainty caused by trade wars between the worlds’ largest economies,” according to David Humphrey, Research Director at ARC Advisory Group and key author of ARC’s PLC and PLC-based PACs Global Market Research report.

Today, China is one of the three pillars of industrial strength, on equal footing with Europe and North America.  While all three depend directly on one another, their business and investment cycles are not always in sync. For industrial players, this exacerbates decision-making and economic planning.

 “Technology-wise, PLCs are becoming part of the ‘automation edge’, but the role of the PLC as an edge device is still evolving,” added Humphrey.

About the PLC and PLC-based PACs Research

PLC and PLC-based PACs Market TrendsThis ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the PLC and PLC-based PACs market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by region; hardware, software and service type; industry; machinery segmentations; sales channels; and customers. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

  • Market Intelligence Workbook (Excel) - personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
  • Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

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