The China market for programmable logic controllers (PLCs) is expected to grow at 14.1%/yr over the next five years in spite of a decline in prices. The market was about $370 million in 2003 and is fo..
The China market for programmable logic controllers (PLCs) is expected to grow at 14.1%/yr over the next five years in spite of a decline in prices. The market was about $370 million in 2003 and is forecast to nearly double in 2008.
?For the first time in recent economic history, a country exists where manufacturing industries are growing fast, which is of a substantial size, and which has the capacity to invest from rising export revenues. China, with this environment, has exceeded 20%/yr growth in some automation segments,? according to market research by the ARC Advisory Group (www.arcweb.com).
While a local presence, commitment to service, technologically superior solution
Log in to view this article.
Not Yet A Subscriber? Here are Your Options.
1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.
2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.
3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription. For information about group rates or multi-year terms, contact email Peter Ramsay or call +44 20 3409 2240*.
*Access will be granted the next business day.