Alex Hong, Senior Analyst - Industrial Automation at IHS Technology

The world PLC market faced another decline for 2013

After a downturn in 2012, the global PLC market declined again in 2013, with revenue falling by 2.1% annually. The overall market for PLCs in the United States is growing strongly, IHS said. In end-user sectors, the fastest growing segments are the oil and gas and food and beverage industries.