Boston, MA -- (SBWIRE) -- 06/27/2017 -- 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.

Technavio's 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.

Get More Details on this Report and a Full Table of Contents at Global Programmable Logic Controller (PLC) Market 2017-2021

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

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Mitsubishi Electric, OMRON, Rockwell Automation, Schneider Electric, Siemens, ABB, Beckhoff Automation, Bosch Rexroth, Delta Electronics, Eaton, Fuji Electric, GE, Honeywell, IDEC, KEYENCE, Hitachi, Koyo Electronics, Panasonic, Toshiba, Yokogawa.

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