ARC Advisory Group has just completed a new PLC and PLC based PAC for China Market Research 2016-2021 research report.
Volatility in the total automation market in 2016 impacted China’s market for programmable logic controllers (PLCs) and PLC-based programmable automation controllers (PACs). The market declined in the first three quarters, and then rebounded strongly in the last quarter, mainly due to the quick recovery of China’s macro economy, but not enough to show year-over-year growth.
The government’s “Made in China 2025” initiative launched in 2015 has become an important driver for the Chinese PLC market. With government encouragement, Chinese manufacturers have realized the need to improve competency by leveraging smart manufacturing-related technologies in which PLCs and PLC-based PACs can play an important role. ARC sees increasing investments in this area, mainly in brownfield projects.
Among those industries that showed good growth in the PLC market in China, consumer electronics stands out. Even in softening market conditions of 2015 and 2016, this market still maintained good growth.
About the PLC and PLC-based China Market Research
ARC’s PLC and PLC based PAC China Market Research 2016-2021 report explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides forecasts for China’s PLC market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, revenue category, and hardware type.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.