Global PLC Market to Grow 7.56% by 2020 - High Software Cost is a Key Market Challenge - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global PLC Market 2016-2020" report to their offering.

The report forecasts the global programmable logic control (PLC) market to grow at a CAGR of 7.56% during the period 2016-2020.

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.

One trend that will positively impact the market is the availability of integrate PLC-HMI in wide screen. The latest version of the PLC-HMI units has wider screen when compared to the previous one. For instance, Unitronics launched Vision all-in-one PLC series in 2015. This unit has a seven-inch wide touch screen and an additional Vision700. The company claims that Vision700 does not compromise on the cost, feel, or performance of the PLC. Vision700 offers digital, high speed, and analog I/O apart from PT100/thermocouple and weight/pressure measurement.

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?

Key vendors:

  • Mitsubishi Electric
  • Rockwell Automation
  • Schneider Electric
  • Siemens

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

For more information about this report visit http://www.researchandmarkets.com/research/nml9jh/global_plc_market

Related Topics: Industrial Automation

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press@researchandmarkets.com
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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