Albany, NY -- (SBWIRE) -- 11/03/2015 -- A PLC is an industrial control product that regulates various automation and mechanical processes in manufacturing plants. It controls various automation applications in a plant by maintaining direct connectivity with 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 programming languages such as ladder diagrams, functional block diagrams, and instruction lists to regulate processes.

It is a replacement for traditional control panels that involve hard-wired relays and timer logic. The technology is based on programmed instruction logic, which offers more operational flexibility. A PLC also requires shorter installation and commissioning times than traditional hard-wired control systems.

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The global PLC market in the automotive industry to grow at a CAGR of 8.36% over the period 2014-2019. The report covers the current scenario and the growth prospects of the global PLC market in the automotive industry for the period of 2015-2019. To calculate the market size, the report considers revenue generated from the following:
Sales of PLC solutions in automotive industry
Maintenance
Services

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Technavio's report, Global PLC Market in Automotive Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and EMEA; it also covers the landscape of the global PLC market in automotive industry and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions:
Americas
APAC
EMEA

Key vendors:
ABB
Mitsubishi
Rockwell
Schneider
Seimens

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Key questions answered in the 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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