Asia Pacific region is hot spot for PLCs

July 26, 2007
The worldwide market for PLCs will surpass $9 billion by 2011, growing at around 5.0% per year.

The Asia Pacific region will experience the strongest growth, estimated at 7.9% annually, says market research firm IMS Research, Wellingborough, UK.

Last year, Europe, the Middle East, and Africa represented the largest market for PLCs, but in recent years the Asia Pacific region has experienced rapid growth. This fast-growing market shows the greatest potential for PLC products.

Price is the key issue between local suppliers and larger global suppliers in the region. Local suppliers typically beat larger global suppliers by offering PLC devices at lower prices. Conversely, larger suppliers, which are keen to sell PLCs as part of a more complete system, are trying to maintain higher prices.

Sponsored Recommendations

How BASF turns data into savings

May 7, 2024
BASF continuously monitors the health of 63 substation assets — with Schneider’s Service Bureau and EcoStruxure™ Asset Advisor. ►Learn More: https://www.schn...

Agile design thinking: A key to operation-level digital transformation acceleration

May 7, 2024
Digital transformation, aided by agile design thinking, can reduce obstacles to change. Learn about 3 steps that can guide success.

Can new digital medium voltage circuit breakers help facilities reduce their carbon footprint?

May 7, 2024
Find out how facility managers can easily monitor energy usage to create a sustainable, decarbonized environment using digital MV circuit breakers.

The Digital Thread: End-to-End Data-Driven Manufacturing

May 1, 2024
Creating a Digital Thread by harnessing end-to-end manufacturing data is providing unprecedented opportunities to create efficiencies in the world of manufacturing.

Voice your opinion!

To join the conversation, and become an exclusive member of Machine Design, create an account today!