Press release
Market Landscape: Global PLC Software Market to grow at a CAGR of 7.13% during the period 2016-2020: Key Vendors are Siemens, Mitsubishi Electric, Rockwell Automation, Schneider Electric etc.
About the PLC Software market
Increased investments in factory and process automation, especially in developing countries like India and China, will lead to steady growth of the PLC software market during the forecast period. We expect the market to register a high growth rate due to entrance of multiple software vendors offering software that can be easily adapted to by machine operators, technicians, and maintenance engineers. Also, enhanced functionalities offered by software tool vendors, which can integrate the PLC software with the business system software to increase the efficiency of industrial process control, will have a positive influence on market growth in the coming five years.
Technavios analysts forecast the global PLC software market to grow at a CAGR of 7.13% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global PLC Software market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of PLC software.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global PLC Software Market 2016-2020, 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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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
Other prominent vendors
PART 03: Automation industry value chain
PART 04: Market research methodology
Research methodology
Economic indicators
PART 05: Introduction
Key market highlights
PART 06: Market landscape
Five forces analysis
PART 07: Market segmentation by type
Global PLC software market by ladder logic
Global PLC software market by FBD
Global PLC software market by others
PART 08: Geographical segmentation
PLC software market in APAC
PLC software market in EMEA
PLC software market in the Americas
PART 09: Market drivers
PART 10: Impact of drivers
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