As the main battlefield in the field of industrial automation control, PLC provides a very reliable control application for a variety of automatic control equipment, which is suitable for the current needs of industrial enterprises for automation. On the other hand, PLC must also rely on other new technologies to face the impact of gradually shrinking market share, especially industrial PCS.

The market has shown substantial growth, and PLC giants have opened a tide of price increases

After years of development, PLC has been widely used in agricultural machinery, machine tools, construction, power, chemical, transportation and other industries. Among them, medium and large PLC have higher technical requirements for products, so the domestic market has been dominated by foreign brands for a long time. At present, the global PLC market is dominated by European, American and Japanese suppliers such as Mitsubishi Electric, Omron, Rockwell, Schneider Electric and Siemens. Although there are many competitors in the PLC market, these players still dominate.

PCI-6014

The strategic goal of promoting new industrialization and accelerating the construction of a manufacturing power further highlights the importance of PLC. At the policy level, the Ministry of Industry and Information Technology issued the “14th Five-Year Plan” software and information technology Service industry Development Plan, which clearly pointed out that we should vigorously develop the PLC industry and accelerate the integrated application in key industries.

At the market level, at present, the domestic PLC market has formed a scale of 10 billion, under the premise of policy guidance, technological breakthroughs, and continuous release of market demand, the market space and import substitution demand of medium and large PLC will be opened, and investment opportunities will be more and more. Industry authoritative assessment shows that it is expected that by 2023, China’s PLC market size is expected to reach 16.54 billion yuan, of which the market size of small PLC and medium and large PLC is 8.072 billion yuan and 8.468 billion yuan respectively.

From the perspective of global supply and demand market trends, in the past two years, affected by factors such as chip shortage and rising raw material prices, PLC market price rising trend is very obvious. Since last year, the global PLC giants have started to raise prices. Among them, the price increase of Rockwell PLC products ranges from 3%-36%, and the price increase of CLX1756-L8SP series with huge market sales is as high as 36%. Omron, Delta, Emerson and other foreign companies’ products also increased by more than 6%.