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Safety Programmable Controller Market 2019 BY Rockwell Automation, Treotham, ASTRE Engineering, Siemens AG, ABB Group, SICK Group, Mistubishi Electric Corporation

06-17-2019 05:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

Safety Programmable Controller Market is expected to grow at a strong CAGR by 2026. The factors influencing the Safety Programmable Controller market are an Increase in the demand for safety, Set of international standards, Need for functional flexibility. The restraining factors include Complexity of standards, Training costs and Lack of availability.

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A safety programmable controller can be used to control and automate pieces of industrial equipment. A safety PLC supports all the applications that a standard PLC does; however, a safety PLC contains integrated safety functions that allow it to control safety systems as well. A safety PLC is designed to accomplish two important objectives: Do not fail, and, if unavoidable, fail only in a predictable safe way.

Some of the key players involved in Safety Programmable Controller are Rockwell Automation, Treotham, ASTRE Engineering, Siemens AG, ABB Group, SICK Group, Mistubishi Electric Corporation, Schneider Electric SE, IDEC Corporation, Omron Corporation, Leuze electronic GmbH.

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Market Segments:
Based on Type, Compact segments are integrated as either single or modular units. An integrated or Compact PLC is built by several modules within a single case. This PLC I/O module expandability is limited for one or two modules and it uses logic instruction list or relay ladder language as the programming language.
By Geography, North America has an increasing emphasis on industrial safety and the stringent regulations by various governments that are driving the growth of programmable controllers.
Types Covered:
• Compact
• Modular
• Other Types

End-Users Covered:
• Semiconductors
• Pharmaceutical
• Oil & Gas
• Manufacturing
• Food & Beverages
• Energy & Power
• Automotive
• Other End Users

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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