Artificial Intelligence
The programmable logic controller (PLC) market was valued at USD 3897.36 million in 2019 and is expected to reach USD 4292.66 billion by 2025, at a CAGR of 3.7% over the forecast period 2020
New York, Feb. 20, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Programmable Logic Controller (PLC) Market – Growth, Trends, and Forecast (2020 – 2025)” – https://www.reportlinker.com/p05865920/?utm_source=GNW
The deployment of PLC systems enables the identification and rectification of errors and can initiate rapid responses even without human intervention. Hence, these automated PLC systems are estimated to assist in reducing the machine downtime from 20% to almost 4%.Clare: clare@reportlinker.com
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