PLC Market Size, Shares, Industry Analysis In The US to grow at a CAGR of 5.84% between period 2015-2019

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

The PLC market in the US to grow at a CAGR of 5.84 percent over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the PLC market in the US for the period 2015-2019. To calculate the market size, the report covers the revenue generated from various end-user industries.

Technavio's report, the PLC market in the US, 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 major vendors in the PLC market in the US. 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.

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Key vendors
ABB
GE
Mitsubishi Electric
Rockwell Automation
Schneider Electric
Siemens
Other prominent vendors
Beckhoff
Bosch Rexroth
Honeywell International
Idec
Keyence
Koyo Electronics
Omron
Panasonic
Toshiba
Yokogawa Electric

Market driver

Resurgence of automotive industry in the US
For a full, detailed list, view our report

Market challenge

Lack of product differentiation
For a full, detailed list, view our report

Market trend

Recovery of the economy in the US
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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