Global PLC Market in Power Industry Share, Growth, Trends and Forecast 2015-2019


Posted August 19, 2015 by Rashmi

"The Report Global PLC Market in Power Industry 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

 
Description

About PLC

A PLC is an industrial control product that regulates various automation and mechanical processes in manufacturing plants. It controls various automation applications in a plant by maintaining direct connectivity with 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 programming languages such as ladder diagrams, functional block diagrams, and instruction lists to regulate processes.

Technavio's analysts forecast the global PLC market in the power industry to grow at a CAGR of 6.22% over the period 2014-2019.

View Full Report at: http://www.marketresearchreports.biz/analysis/317300

Covered in this report

The global PLC market in the power industry can be categorized into three major segments: hardware, software, and services.

Technavio's report, Global PLC Market in Power Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, US, and ROW; it also covers the landscape of the global PLC market in the power industry and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Regions

APAC
Europe
US
ROW


Key Vendors

Mitsubishi Electric
Rockwell Automation
Schneider Electric
Siemens

Other prominent vendors

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

Market driver

Increasing automation needs
For a full, detailed list, view our report

Market challenge

Threat from open source PLCs
For a full, detailed list, view our report

Market trend

Cloud-based PLCs
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 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?

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Issued By Rashmi Saraf
Website MarketResearchReports.biz
Business Address 90 Sate Street, Suite 700 Albany, NY 12207
90 Sate Street, Suite 700 Albany, NY 12207
Country United States
Categories Technology
Tags market , reports , research
Last Updated August 19, 2015