Global PC-Based Automation Market 2018 With Forecasts to 2023 - A $38 Billion Opportunity - ResearchAndMarkets.com

DUBLIN--()--The "PC-Based Automation Market by Offering (Hardware and Software), Component (IPCs, HMIs, PLCs, SCADA), Sales Channel (Direct Sales and Indirect Sales), Industry (Process and Discrete), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The PC-based automation market is expected to be valued at USD 29.92 Billion in 2018 and is likely to reach USD 38.01 Billion by 2023, at a CAGR of 4.9% between 2018 and 2023.

The growth of this market can be attributed to the evolution of IIoT and increasing demand for smart automation solutions, growing emphasis on regulatory compliances, and increasing need for efficient monitoring in manufacturing plants.

Among all components, PLCs are expected to hold the largest share of the overall PC-based automation market in 2018. PLCs are widely used in almost all industrial applications to control the automation of industrial processes. Furthermore, PLCs are evolving continuously to include advanced features such as greater programming flexibility and ease, scalability, high memory, compactness, and high speed. These advanced features make PLCs the best option for a variety of industrial automation applications. This is driving the growth of the market for PLCs.

Market Dynamics

Drivers

  • Evolution of IIoT and Growing Demand for Smart Automation Solutions
  • Growing Emphasis on Regulatory Compliances
  • Increasing Need for Efficient Monitoring in Manufacturing Plants

Restraints

  • High Investment Costs Pertaining to the Implementation of PC-Based Automation Solutions
  • Fluctuating Crude Oil Prices

Opportunities

  • Integration of PC-Based Automation Systems and PLCs

Challenges

  • Increasing Cybersecurity Risks

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 PC-Based Automation Market, by Component

7 PC-Based Automation Market, by Offering

8 PC-Based Automation Market, by Sales Channel

9 PC-Based Automation Market, by Industry

10 Communication Technologies for PC-Based Automation (Qualitative Chapter)

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

  • ABB
  • Advantech
  • Algonics Systems
  • Beckhoff Automation
  • Bosch Rexroth
  • Emerson Electric
  • Ewon
  • General Electric
  • Honeywell
  • IDEC
  • Inductive Automation
  • Kontron S&T
  • Logic Supply
  • Mitsubishi Electric
  • OMRON
  • Rockwell Automation
  • SCADAfence
  • Schneider Electric
  • Siemens
  • Worximity Technology
  • Yokogawa Electric

For more information about this report visit https://www.researchandmarkets.com/research/jqqc2v/global_pcbased?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Desktop Computers and Monitors, Industrial Automation

Contacts

ResearchAndMarkets.com
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
Related Topics: Desktop Computers and Monitors, Industrial Automation