PLC and PLC-based PACs Market Is Growing with the Challenges of Industrial IoT

  • October 02, 2020
  • ARC Advisory Group
  • News
PLC and PLC-based PACs Market Is Growing with the Challenges of Industrial IoT
PLC and PLC-based PACs Market Is Growing with the Challenges of Industrial IoT

Dedham, Mass. - Sept. 30, 2020 - New ARC Advisory Group research on the global PLC and PLC-based PAC market reveals that programmable logic controllers (PLC) and programmable automation controllers (PAC) continue to be the preferred choice among machine builders and end users.  This applies  not just for traditional machine control, but also increasingly in process and infrastructure applications. The market contracted slightly in 2019 after two strong years of growth, and is taking a strong hit in 2020 due to the coronavirus.

“The Industrial Internet of Things (IIoT) is changing how industrial processes are controlled and monitored, but PLCs are growing with and adapting to the new challenges rather than being replaced by alternate technologies," according to David Humphrey, research director at ARC Advisory Group and key author of ARC’s PLC and PLC-based PAC Global Market Research report. "Based on established industrial technology, PLCs are valued for their speed, repeatability, reliability, and ease of deployment and maintenance.”   

“PLCs have gained a lot of speed and new functionality in the past decade, allowing some users to switch to smaller PLCs," Humphrey added. "This tactic is especially popular with cost-conscious machine builders, and is changing the market dynamics. The coronavirus will set the market back in 2020, and the study includes an updated forecast that reflects how and when we expect the PLC market to recover in the coming years."


Leading suppliers to the PLC and PLC-based PAC market identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offering.  In alphabetical order, these include: Mitsubishi, Rockwell Automation, and Siemens.
 

About the PLC and PLC-based PAC research

This 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 PAC 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 industry, machinery segmentations, revenue category, hardware, software and services, sales channels, and customer type.

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:

  • Market Intelligence Workbook (Excel): personalized spreadsheet includes 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 Advisory Group market research, please visit Market Data & Studies.


About ARC Advisory Group

ARC Advisory Group is the leading market research and advisory firm for industry, infrastructure, and smart cities.  ARC analysts have the industry knowledge and firsthand experience to help clients find the best answers.

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