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PLC Market in APAC to Grow at a CAGR of 8.09% During 2015-2019

ResearchMoz added Latest Research Report titled " PLC Market in APAC 2015-2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.


Albany, NY -- (SBWIRE) -- 03/31/2016 -- A PLC is an industrial control product that regulates various automation and mechanical processes in manufacturing plants. It controls various automation applications in plants 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 various programming languages such as ladder diagrams, functional block diagrams, and instruction lists to regulate processes.

The PLC market in APAC to grow at a CAGR of 8.09% over the period 2014-2019. The report covers the present scenario and the growth prospects of the PLC market in APAC for the period 2015-2019. The following are the major end-users of the market: automotive, oil and gas, power, food and beverage, chemical and petrochemical, paper and pulp and other industries.

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

Key Vendors
- Mitsubishi Electric
- Rockwell Automation
- Schneider Electric
- Siemens

Other Prominent Vendors
- GE
- Honeywell
- Omron

Market Driver
- Open Architecture of PLC
- For a full, detailed list, view our report

Market Challenge
- Price Sensitivity
- For a full, detailed list, view our report

Market Trend
- Growing MAC Concept
- For a full, detailed list, view our report

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Key questions answered in this 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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