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China’s Programmable Logic Controller (PLC) market is growing at double-digit annual rates. The China market for PLCs is expected to grow at a compounded annual growth rate (CAGR) of 12.4% over the next five years. The market was close to $750 million in 2006 and is expected to reach $1.3 billion in 2011, according to a new ARC ...
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Worldwide, spending on PLCs and directly associated software and services should exceed $9 billion by 2011, according to a recent IMS Research report. The IMS publication, ''The World Market for PLCs-2007 Edition,'' forecasts steady growth, at about 5 percent annually, in the PLC market over the next five years.
The Asia Pacific ...
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