Market Report, "PLC Market in the Oil and Gas Industry in the Americas 2015-2019", published

A programmable logic controller (PLC) is an industrial control product that regulates various automation and mechanical processes in the manufacturing plants. A PLC controls various automation applications in a plant by maintaining direct connectivity with various field devices such as sensors, transmitters, and actuators. A PLC receives commands and signals from field devices and other industrial systems through a control system communication protocol. It uses various programming languages such as ladder diagram, functional block diagram, and instruction lists to regulate processes.

TechNavio's analysts forecast the PLC market in the Oil and Gas Industry in the Americas to grow at a CAGR of 7.20 percent over the period 2014-2019.

Covered in this Report

The PLC market in the Oil and Gas Industry in the Americas can be segmented into three segments: Hardware, Software, and Services.

Full Report Details at
- http://www.fastmr.com/prod/941655_plc_market_in_the_oil_and_gas_industry_in_the.aspx?afid=301

TechNavio's report, the PLC Market in the Oil and Gas Industry in the Americas 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas; it also covers the PLC market in the Oil and Gas Industry landscape in the Americas and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key Regions

* Americas

Key Vendors

* ABB
* GE
* Mitsubishi Electric
* Rockwell Automation
* Schneider Electric
* Siemens

Other Prominent Vendors

* Bosch Rexroth
* Beckhoff
* Idec
* Keyence
* Koyo
* Omron
* Honeywell International
* Panasonic
* Toshiba
* Yokogawa Electric

Market Driver

* Increased Exploration and Production Activities
* For a full, detailed list, view our report

Market Challenge

* High Customer Switching Cost
* For a full, detailed list, view our report

Market Trend

* Increased Adoption of Integrated PLCs
* For a full, detailed list, view our report

Key Questions Answered in this Report

* What will the market size be in 2018 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

Companies Mentioned in this Report: ABB, GE, Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens, Bosch Rexroth, Beckhoff, Idec, Keyence, Koyo, Omron, Honeywell International, Panasonic, Toshiba, Yokogawa Electric

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