Programmable Logic Controller Market Worth USD 10.595 Billion by 2023
In 2017, the global programmable logic controller market was estimated at USD 8.491 billion and is expected to reach USD 10.595 billion by 2023, registering a CAGR of 3.7% during 2018-2023 (the forecast period). Automation systems that use PLC also help reduce the industrial emissions. The CO2 emissions are expected to be brought down by around 34 million metric tons per year, by employing automation. Energy consumption can also be reduced by using automated systems. Moreover, automation is expected to...
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