Programmable Logic Controllers (PLC) Market - Industry Analysis and Forecast by Arizton Advisory and Intelligence

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. 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.

View report: PLC Market- Global Outlook and Forecast 2017 - 2022
https://arizton.com/reports/industrial-market-analysis/plc-market-analysis

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.


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, distribution channels, 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, Other End-users)

Major Geographies (APAC, Europe, Latin America, MEA, North America)

Key Countries (China, Japan, Canada, US)

Enterprise networking and remote access driving HMI-PLC technology

The rise of augmented reality (AR) and immersive experiences, increased prominence of PACs and PLC-based PACs, more portable and open industrial automation architectures are the latest trends that are likely to drive the market growth during the forecast period. Further, System-on-Chip (SoC) FPGAs provide a smarter approach to the programmable logic controllers architecture, thereby increasing the adoption of SoC FPGAs in the programmable logic controller architecture is also going to boost the market.

Enterprise networking and remote access propelling the HMI-PLC technology, overwhelming rise in global industrial automation expenditure, rise of smart cities and need for intensive programmable logic controllers and sensor networks and PLC-controlled implementation for smart homes are among the major growth driving factors of the global market. The report also includes a detailed discussion on the growth restraints in the market.

For more information view report.

Related Reports

1) Human Machine Interface (HMI) Market - Global Outlook and Forecast 2017-2022

https://arizton.com/reports/industrial-market-analysis/human-machine-interface-market

2) Industrial Cleaning Robot Market - Global Outlook and Forecast 2017-2022

https://arizton.com/reports/industrial-market-analysis/industrial-cleaning-robot-market-global-outlook-and-forecast-2017-2022

Source Link: https://arizton.com/reports/industrial-market-analysis/plc-market-analysis

About Arizton
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-465-7864

This release was published on openPR.