About Programmable Logic Controllers Market
A programmable logic controller (PLC) is an industrial control system, extensively adopted to monitor the state of an input device and control and manage the output system using logic-based decisions in processes such as production lines. A custom program embedded in the controller makes logic-based decisions for the PLC. The spend momentum of this market will be attributed to the growing demand from the automobile sectors as manufacturers are automating their production by using PLC-integrated equipment with hardware tools and PLC-based robots in their assembly lines.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Programmable Logic Controllers Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Programmable Logic Controllers Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
A programmable logic controller (PLC) is an industrial control system, extensively adopted to monitor the state of an input device and control and manage the output system using logic-based decisions in processes such as production lines. A custom program embedded in the controller makes logic-based decisions for the PLC. The spend momentum of this market will be attributed to the growing demand from the automobile sectors as manufacturers are automating their production by using PLC-integrated equipment with hardware tools and PLC-based robots in their assembly lines.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Programmable Logic Controllers Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Programmable Logic Controllers Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Adoption of automation in the oil and gas sector
Category management strategy
- Engaging with suppliers who provide alternative software solutions will reduce the TCO of buyers
Procurement best practices
- Prefer procurement of PLCs from global suppliers
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: MARKET INSIGHTS
PART 03: CATEGORY PRICING INSIGHTS
PART 04: COST-SAVING OPPORTUNITIES
PART 05: BEST PRACTICES
PART 06: CATEGORY ECOSYSTEM
PART 07: CATEGORY MANAGEMENT STRATEGY
PART 08: CATEGORY MANAGEMENT ENABLERS
PART 09: SUPPLIERS SELECTION
PART 10: SUPPLIERS UNDER COVERAGE
PART 11: US MARKET INSIGHTS
PART 12: CATEGORY DEFINITION
PART 13: APPENDIX
Executive Summary
The following companies as the key suppliers in the Global Programmable Logic Controllers Category - Procurement Market Intelligence Report: Siemens AG, Mitsubishi Electric Corp, ABB Ltd, Rockwell Automation Inc, Schneider Electric SE, General Electric Co.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to ensure that the system specifications meet their requirements.”
According to the report, one of the key growth contributors for the global programmable logic controllers market is the increase in adoption of automation in the automotive sector.
Further, the report states that one of the key category management strategies for the buyers in the global programmable logic controllers market is to engage with suppliers that provide easy deployment of PLCs, which reduces buyers’ installation cost.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Siemens AG
- Mitsubishi Electric Corp
- ABB Ltd
- Rockwell Automation Inc
- Schneider Electric SE
- General Electric Co.
Methodology
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