Market For Programmable Logic Controller Will Hit $10 Billion In 2010

Nov. 2, 2006
Programmable Logic Controller (PLC), a key automation component in the discrete, hybrid and process industries, will grow from $7.5 billion reported in 2005 to $10 billion in 2010. According to a study released by ARC Advisory Group, manufacturing ...

Programmable Logic Controller (PLC), a key automation component in the discrete, hybrid and process industries, will grow from $7.5 billion reported in 2005 to $10 billion in 2010. According to a study released by ARC Advisory Group, manufacturing companies are behind this increase as they invest in capital expenditures for automation equipment.

Applications for PLCs are being used in the areas of energy savings, condition monitoring, safety, collaborative manufacturing and regulatory compliance.

One of the most important trends is the increasing integration of the multi-control discipline functionality such as HMIs, motion control and PLCs. Users are focusing more on integrated system solutions to reduce total cost of ownership and no longer accept discontinuities between systems, according to Dedham, Ma.-based ARC Advisory Group.

Interested in information related to this topic? Subscribe to our twice-monthly Information Technology eNewsletter.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

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