Recently, China Industrial Control Network released the “China PLC Market Analysis Report 2023“, which conducted a comprehensive survey and analysis of the development status, market size, competitive landscape, application fields and other aspects of China’s PLC industry. The report pointed out that with the advancement of strategies such as Industry 4.0 and intelligent manufacturing, China’s PLC industry showed a rapid growth trend. It is expected that by 2023, China’s PLC market size will reach 30 billion yuan, with an average annual compound growth rate of 15%.

The report also shows that there is still a certain gap between China’s PLC industry and the international advanced level in terms of technical level, product quality, brand influence and so on. But there are also many enterprises that have achieved breakthroughs and advantages in some segments through continuous innovation and investment. For example, the “Shenwei” series PLC developed by the Institute of Automation of the Chinese Academy of Sciences has strong competitiveness in the field of high-end controllers; Shanghai Mitsubishi Electric Automation Co., Ltd. launched the “FX5U” series PLC, which occupies a large market share in the field of small controllers; Shenyang Vhandy Co., Ltd. produces The “400/510/511” series PLC is widely welcomed in the field of low-cost controllers.

The report believes that in the future, China’s PLC industry will face more opportunities and challenges. It needs to strengthen technological innovation and standard setting, improve product performance and reliability, expand application fields and market space, enhance brand awareness and influence. At the same time, it also needs to strengthen international cooperation and exchange, learn from advanced experience and concepts, and promote the healthy development of China’s PLC industry.