- Published: March 2011
Global Programmable Logic Controller Market 2010-2014
- Published: May 2011
- 26 pages
- Infiniti Research Limited
TechNavio analysts forecast that the Global Programmable Logic Controller market will reach $11.45 billion in 2014. One of the key factors contributing to this market's growth is the increased need among companies to reduce machine downtime. However, the market remains highly vulnerable to the economic cycle which could be a challenge to the growth of this market.
The Global Programmable Logic Controller market has also been witnessing increased demand for the automation of mechanical processes. Key vendors dominating this market space include Rockwell Automation, Schneider Electric, Siemens AG, and Mitsubishi Electric Corporation.
TechNavio’s report, Global Programmable Logic Controller Market 2010-2014, has been prepared based on in-depth quantitative and qualitative analysis of the market with inputs from industry experts. The report focuses on Asia-Pacific, AMEA, and Americas and covers market dynamics, including buying criteria and profiles of key vendors.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends will this market witness?
What are the key factors driving market growth?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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01. Executive Summary
03. Market Landscape
04. Vendor Landscape
05. Usage Scenarios
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Market Trends
11. Key Vendor Analysis
11.1 Rockwell Automation (NYSE: ROK)
11.2 Schneider Electric (Paris: SU.PA)
11.3 Siemens AG (NYSE: SI)
11.4 Mitsubishi Electric Corporation
12. Other Reports in this Series
List of Exhibits
Exhibit 1: Global Programmable Logic Controller Market 2010-2014 (US $ Billion)
Exhibit 2: Global Programmable Logic Controller Market for 2010 by Region
Exhibit 3: Global Programmable Logic Controller vendor Market Share 2010
Programmable Logic Controller Market Witnessing Shift towards Integrated Products
Research conducted by TechNavio reveals that the Programmable Logic Controller market is expected to grow at a CAGR of 6.5 percent. The report, which focuses on Asia-Pacific, EMEA, and Americas, indicates that the market is currently driven by the cost reduction achieved by integrated products.
“The Programmable Logic Controller market has changed significantly since its initial days. Manufacturers now provide integrated solutions which can be used across various industries and environments. This integration has brought down the costs of PLCs significantly which has been the key driver for the adoption by various industries,” report TechNavio analysts.
In spite of the demand for this technology, the need to ensure continuous support services to engineers hinders the growth of this market. However, the shift in foreign direct investments to emerging economies is expected to drive the market.
The Global Programmable Logic Controller market is marked by consistent spending on research and development. This makes the study an important one for companies to fully understand the potential in the market and formulate their own strategy.
The report, Global Programmable Logic Controller Market 2010-2014, is based on extensive research and inputs from industry experts, vendors, and end users. It examines the factors impacting the evolution of this market, including the key trends, drivers, and challenges. Further, it contains an in-depth understanding of the key vendors including a SWOT analysis for each vendor.
- Rockwell Automation (NYSE: ROK)
- Schneider Electric (Paris: SU.PA)
- Siemens AG (NYSE: SI)
- Mitsubishi Electric Corporation
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