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(I-SoftwareNews.Com, May 12, 2016 ) Increased investments in factory and process automation, especially in developing countries like India and China, will lead to steady growth of the PLC software market during the forecast period. We expect the market to register a high growth rate due to entrance of multiple software vendors offering software that can be easily adapted to by machine operators, technicians, and maintenance engineers. Also, enhanced functionalities offered by software tool vendors, which can integrate the PLC software with the business system software to increase the efficiency of industrial process control, will have a positive influence on market growth in the coming five years.
View Report: http://www.reportsweb.com/global-plc-software-market-2016-2020 .
Publisher's analysts forecast the global PLC software market to grow at a CAGR of 7.13% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global PLC Software market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of PLC software.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher's report, Global PLC Software 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.
Inquire Before Buying at http://www.reportsweb.com/inquiry&RW0001232129/buying .
Key vendors
- Mitsubishi Electric
- Rockwell Automation
- Schneider Electric
- Siemens
Other prominent vendors
- ABB
- Beckhoff
- Bosch Rexroth
- GE
- Honeywell International
- IDEC
- Hitachi
Market driver
- Increased capital investment in factory automation
- For a full, detailed list, view our report
Market challenge
- Cybersecurity risks
- For a full, detailed list, view our report
Market trend
- Technological advancements in features and functionalities of PLC
- For a full, detailed list, view our report
Buy Now at http://www.reportsweb.com/buy&RW0001232129/buy/2500 .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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