Motion System Design

PLC market improves

According to IMS Research, Austin, Texas, the world PLC market is showing signs of growth. The market was hit hard by the global recession during 2009, but has experienced a slight recovery in 2010. According to the latest edition of The World Market for PLCs from IMS, the global PLC market was estimated at $6.3 billion in 2009 and is forecast to increase by $0.6 billion in 2010. However, revenues are not forecast to return to 2008 levels until 2012.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish