Global PLC Market 2016-2020 - New Study Released

From: Fast Market Research, Inc.
Published: Mon Jun 13 2016

PLC is a part of the automation control system, which is used in process and discrete industries. The automotive, oil and gas, and power industries invest heavily in automation solutions to increase productivity, maintain uniformity among geographically dispersed production process branches, and establish efficient plant monitoring and control.

Technavio's analysts forecast the global programmable logic control (PLC) market to grow at a CAGR of 7.56% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global programmable logic control (PLC) market for 2016-2020. To calculate the market size, the report considers revenue generated from the following:

* Sales of hardware
* Sales of software licenses
* Renewal of software licenses
* Upgrades of existing solutions
* Maintenance
* Services

Full Report Details at

The market is divided into the following segments based on geography:

* Americas

Technavio's report, Global Programmable Logic Control (PLC) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* Mitsubishi Electric
* Rockwell Automation
* Schneider Electric
* Siemens

Other prominent vendors

* Beckhoff
* Bosch Rexroth
* GE
* Honeywell International
* Hitachi
* Koyo Electronics
* Omron
* Panasonic
* Toshiba
* Yokogawa Electric

Market driver

* Availability of PLC specifically for large, medium, and small machines
* For a full, detailed list, view our report

Market challenge

* High software cost
* For a full, detailed list, view our report

Market trend

* Availability of integrated PLC-HMI with wide screen
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2020 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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

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