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Global PLC Market in Power Industry 2015-2019
[September 02, 2015]

Global PLC Market in Power Industry 2015-2019


LONDON, Sept. 2, 2015 /PRNewswire/ -- 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.

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 dicussion of the key vendors operating in this market.




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?
Download the full report: https://www.reportbuyer.com/product/3176928/

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-plc-market-in-power-industry-2015-2019-300137355.html

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