PLC Market - Global Outlook and Forecast to 2022

ReportsnReports.com adds "PLC Market - Global Outlook and Forecast 2017 – 2022" report to its research store.

The global programmable logic controllers (PLC) market is expected to cross $46 billion by 2022. Establishment of semiconductor fabs and electronic assembly units in the Asian economies of Japan, South Korea, Taiwan and China that involve the highest degree of automation is set to increase the demand for PLCs.

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The US is the world’s largest market for PLCs, driven by a high degree of automation, better availability of range and awareness, followed by China. The modular PLC segment continues to witness maximum growth and will remain the dominant segment.

Major vendors profiled in the report are as following:
• Schneider Electric
• Rockwell Automation
• Siemens
• Mitsubishi
• Omron

Other prominent vendors include ABB, General Electric, Toshiba, Kontron, Honeywell, Panasonic, Bosch Rexroth, Eaton, Emerson Electric, and Yokogawa.

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Scope of the Report

The report includes a detailed study of growth drivers, trends, and restraints of global PLC market. It considers the sale of programmable controllers or programmable logic controllers (PLC) at the manufacturer level to arrive at the market size. Both the first-time and replacement demands were factored in while arriving at the market estimates annually. The report provides the analysis of key segments of the market by product type, end-user, geography, and vendors. It provides a detailed analysis of revenue from various segments:

Product Type: Unitary, Modular & Rackmount

End-Users: Automotive, Chemicals and Petro-chemicals, Mining and metallurgy, Paper, packaging, and printing, Food and beverages, Water and waste water treatment sector & Oil and gas sector

Major Geographies: APAC, Europe, Latin America, MEA, North America

Key Countries: China, Japan, Canada & US

The report provides a holistic view of the global PLC market, the companies involved in the market, and the factors driving its growth. The report also provides information about the latest trends that are likely to become strong market driving forces over the next five years. This report also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the global market.

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The global PLC market, which is concentrated in four countries - China, Japan, Europe and the US - constituted almost half of the global market size in 2016. There has been a high degree of correlation observed with the extent of industrialization, availability, and investments in the public and private infrastructure and associated private and government spending on automation, constituting a major boost to the demand for programmable logic controllers.

In 2022 the North America region is expected to dominate the market. The demand for programmable logic controllers in the region is driven by a high awareness of their advantages over conventional products, better product availability, and extensive reach of innovative products. North America is followed by APAC. China hosts some of the largest programmable logic controllers consumers in manufacturing in the world. The market in Europe is largely driven by the demand from key end-user industries in Germany, the UK, and France.

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