plc market in us 2015-2019
TRANSCRIPT
Covered in this Report• This report covers the present scenario and the
growth prospects of the PLC market in the US for theperiod 2015-2019.
• To calculate the market size, the report covers therevenue generated from various end-user industries.
• Technavio's report, the PLC market in the US, hasbeen prepared based on an in-depth market analysiswith inputs from industry experts.
• It presents the vendor landscape and a correspondingdetailed analysis of the major vendors in the PLCmarket in the US.
• t also outlines the challenges faced by vendors andthe market at large, as well as the key trends that areemerging in the market.
PLC Market in US 2015-2019
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Market Overview
• PLC is a product that regulates various automation andmechanical processes in manufacturing plants.
• It controls applications by maintaining connectivity viafield devices such as sensors, transmitters, andactuators.
• A PLC receives commands and signals from field devicesand other industrial systems through a control systemcommunication protocol.
• It uses various programming languages such as ladderdiagrams, functional block diagrams, and instructionlists to regulate processes.
• Technavio's analysts forecast the PLC market in the USto grow at a CAGR of 5.84 percent over the period2014-2019.
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Key Vendors and Regions
• ABB
• GE
• Mitsubishi Electric
• Rockwell Automation
• Schneider Electric
• Siemens
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2015-2019
• US
Vendors Regions
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Key Findings
• Integration of PLCs with various enterprise applications is one of the emergingtrends being witnessed in the PLC market in the US. Many manufacturing companiesneed enterprise-wide integrated PLC applications, especially PLCs that areintegrated with ERP software.
• Enterprise-wide PLC applications increase the efficiency and effectiveness of amanufacturing plant.
• They also enable operators to manage the entire plant automation system with real-time information.
• Previously, PLCs were designed with a focus on reliability and safety rather thansecurity.
• With increased automation being witnessed in recent years, there has been anincreased need to continuously monitor the processes and connect the system witha company's enterprise network and Ethernet.
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Key Questions Answered in Our Report
• What will the market size be in 2019 and what will thegrowth 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 facedby the key vendors?
• What are the strengths and weaknesses of the keyvendors?
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• Technavio was founded in 2003 in London. We have about 300 analysts globally.We cover more than 500 technologies across 80 countries. Traditional media suchas Forbes Asia and New York Times, along with other web media portals, like toquote us.
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PLC Market in US 2015-2019
86 Pages | SKU: IRTNTR5842
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