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Worldwide PLC Market 2016 Trend, Analysis and Overview

Tuesday, March 14, 2017 2:41
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(Before It's News)

PLC is a part of the automation control system, which is used in process and discrete industries. The automotive, oil and gas, and power industries invest heavily in automation solutions to increase productivity, maintain uniformity among geographically dispersed production process branches, and establish efficient plant monitoring and control.

Publisher’s analysts forecast the global programmable logic control (PLC) market to grow at a CAGR of 7.56% during the period 2016-2020.

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Covered in this report 
The report covers the present scenario and the growth prospects of the global programmable logic control (PLC) market for 2016-2020. To calculate the market size, the report considers revenue generated from the following:
- Sales of hardware 
- Sales of software licenses
- Renewal of software licenses
- Upgrades of existing solutions
- Maintenance
- Services

The market is divided into the following segments based on geography: 
- Americas

Publisher’s report, Global Programmable Logic Control (PLC) Market 2016-2020, 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. 

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


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Other prominent vendors 
- Beckhoff 
- Bosch Rexroth
- GE
- Honeywell International
- Hitachi
- Koyo Electronics
- Omron 
- Panasonic
- Toshiba
- Yokogawa Electric

Market driver 
- Availability of PLC specifically for large, medium, and small machines
- For a full, detailed list, view our report 

Market challenge 
- High software cost
- For a full, detailed list, view our report 

Market trend 
- Availability of integrated PLC-HMI with wide screen 
- For a full, detailed list, view our report 

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