ARC study finds PLC growth 'robust'

As the world economy rebounded to a strong year in 2004, the heightening demand from various emerging markets created robust growth for the worldwide Programmable Logic Controller (PLC) market. The worldwide market for PLCs is expected to grow at a annual growth rate of 5.9% over the next five years.

11/01/2005


As the world economy rebounded to a strong year in 2004, the heightening demand from various emerging markets created robust growth for the worldwide Programmable Logic Controller (PLC) market. The worldwide market for PLCs is expected to grow at a annual growth rate of 5.9% over the next five years. The PLC market was nearly $7 billion in 2004 and is forecasted to grow to over $9 billion in 2009, according to a new ARC Advisory Group study.

Many elements of modern information technology are being incorporated into PLCs, raising their attractiveness as a center stage plant floor controller among worldwide manufacturers. "Global manufacturers are challenged to seek automation equipment that supports their business objectives such as improving return on assets, enhancing overall equipment effectiveness, and providing real-time performance management. The PLC, being primarily an automation controller designed with modern IT features, plays a key role in supporting these objectives," according to senior analyst Himanshu Shah, the principal author of ARC's "Programmable Logic Controller Worldwide Outlook."

Although overall capital expenditures have remained flat in previous years, globalization is increasingly causing manufacturers to allocate ongoing investments towards automation in order to drive down costs and raise the quality of manufactured products. A modest turnaround in overall capital spending in 2005 and beyond is expected as manufacturers gear up production to meet rising global demand.





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
2017 Lubrication Guide; Software tools; Microgrids and energy strategies; Use robots effectively
Prescriptive maintenance; Hannover Messe 2017 recap; Reduce welding errors
Safety standards and electrical test instruments; Product of the Year winners; Easy and safe electrical design
Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Diagnostic functions for system safety; Specifying industrial enclosures; Effective decision support for a crisis
Transformers; Electrical system design; Selecting and sizing transformers; Grounded and ungrounded system design, Paralleling generator systems
Natural gas for tomorrow's fleets; Colleges and universities moving to CHP; Power and steam and frozen foods

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Maintenance Manager; California Oils Corp.
Associate, Electrical Engineering; Wood Harbinger
Control Systems Engineer; Robert Bosch Corp.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me