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Research and Markets: PLC Market in Europe 2015-2019 with ABB, GE, Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens & Yokogawa Electric DominatingResearch and Markets (http://www.researchandmarkets.com/research/84v33r/plc_market_in) has announced the addition of the "PLC Market in Europe 2015-2019" report to their offering. The PLC market in Europe to grow at a CAGR of 7.44 percent over the period 2014-2019. The report, PLC Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It presents the vendor landscape and a corresponding detailed analysis of the primary vendors in the PLC market in Europe. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market. Increased demand for cyber-secure PLCs is one o the major trends being witnessed in the market. With increased industrial automation, a pressing need has emerged to continuously monitor processes and connect the system with a company's enterprise network and Ethernet. According to the report, the rise in automotive sales is a key factor fueling the PLC market in Europe. In 2014, the sales of cars and commercial vehicles increased for the first time since the 2008-2009 GFC due to growing consumer confidence towards the economy, and this resulted in increased investments in the automotive industry leading to higher demand for automation systems such as PLCs. Further, the report states that slow economic recovery in Europe has negatively affected companies and investors' confidence, resulting in deferred investments. Companies in the region are minimizing expenditure to overcome the lingering unfavorable economic conditions. Key Vendors
Other Prominent Vendors For more information visit http://www.researchandmarkets.com/research/84v33r/plc_market_in
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