Despite Rapid Progress by Inovance, Domestic PLCs Still Fail to Become Market Mainstream, Siemens Remains Unshaken
In the servo system sector, Inovance Technology leads with a market share of 32%, leaving Siemens, which holds only 9.2%, far behind. However, in the mid-to-large PLC (Programmable Logic Controller) market, Siemens dominates with an absolute advantage of 44.2%, while Inovance’s 5.1% market share ranks sixth, still in the chasing pack. This “executive layer leading, … Read more
