Research and Markets: Global PLC (Programmable Logic Controller) Market 2014-2018 - Leading Vendors are Mitsubishi Electric, Rockwell Automation, Schneider Electric & Siemens

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/6ltlbm/global_plc_market) has announced the addition of the "Global PLC Market 2014-2018" report to their offering.

The analysts forecast the Global PLC market to grow at a CAGR of 9.23% over the period 2013-2018

A programmable logic controller (PLC) is an industrial control product that regulates various automation and mechanical processes in 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 diagrams, functional block diagrams, and instruction lists to regulate processes.

One key trend emerging in this market is the increased adoption of integrated PLCs. An enterprise-wide integrated PLC increases the efficiency and effectiveness of a manufacturing plant.

According to the report, one of the major drivers in this market is the increased need to reduce machine downtime. A PLC enables operators to prevent the breakdown of machines and pre-empts operation malfunctions.

Further, the report states that one of the main challenges in this market is the high customer switching cost. End-users are struggling to change their existing PLC suppliers because it is a very expensive process. Hence, many end-users are forced to continue with their existing PLC vendor, which affects the growth of other vendors in the market.

The Global PLC market can be segmented into three segments:

  • Hardware
  • Software
  • Services

Hardware is further divided into:

  • Nano PLC
  • Small PLC
  • Medium PLC
  • Large PLC

Key Vendors

  • Mitsubishi Electric
  • Rockwell Automation
  • Schneider Electric
  • Siemens

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by Product
  8. Market Segmentation by End-users
  9. Geographical Segmentation
  10. Key Leading Countries
  11. Buying Criteria
  12. Market Growth Drivers
  13. Drivers and their Impact
  14. Market Challenges
  15. Impact of Drivers and Challenges
  16. Market Trends
  17. Trends and their Impact
  18. Vendor Landscape
  19. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/6ltlbm/global_plc_market

Contacts

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Laura Wood, Senior Manager
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Fax (outside U.S.): +353-1-481-1716
Sector: Engineering

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Engineering