Global Programmable Logic Controller (PLC) Market Will Reach At CAGR of 5.57% Over Period 2017-2021 new installation, retrofit, replacement and software licenses

A programmable logic controller (PLC) is defined as a controller that facilitates automation and mechanical processes in manufacturing plants and buildings. It is directly incorporated into field devices, such as sensors, transmitters, and actuators, to bring seamless automation into the factory.

Technavios analysts forecast the global programmable logic controller (PLC) market to grow at a CAGR of 5.57% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global Programmable Logic Controller (PLC) market for 2017-2021. To calculate the market size, the report considers the revenue from new installation, retrofit, replacement and software licenses.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Programmable Logic Controller (PLC) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Mitsubishi Electric
OMRON
Rockwell Automation
Schneider Electric
Siemens
Other prominent vendors
ABB
Beckhoff Automation
Bosch Rexroth
Delta Electronics
Eaton
Fuji Electric
GE
Honeywell
IDEC
KEYENCE
Hitachi
Koyo Electronics
Panasonic
Toshiba
Yokogawa
Market driver
Rising technological advances in PLCs
For a full, detailed list, view our report

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Market challenge
Growing preference for industrial PCs and DCS systems
For a full, detailed list, view our report

Market trend
Availability of integrated PLC-HMI in wide screen
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 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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