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(I-SoftwareNews.Com, March 28, 2018 ) Publisher’s market research analyst predicts that the global programmable logic control (PLC) software market will grow at a steady CAGR of just over 7% during the forecast period. A key market driver is the increased capital investment in automating industrial processes. PLC software is used in sectors such as power, oil and gas to implement automation for uniformity. PLC software is an essential component in automation solutions as it helps in real-time communication at a higher speed. PLC programs can also execute different tasks and are compatible with standards like the IEC61499, which covers function blocks for industrial control systems (ICS). Research shows that the automotive industry has invested a lot of money in automation and is likely to do so over the forecast period. PLCs and automation boost productivity and consume little power; thus, helping manufacturers streamline their production processes. Increasing investments in process automation will boost market growth until the end of 2020.
Get Sample Copy at http://www.reportsweb.com/inquiry&RW0001232129/sample .
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.
Key vendors - Mitsubishi Electric - Rockwell Automation - Schneider Electric - Siemens
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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
Table of Contents
PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: MARKET LANDSCAPE PART 05: MARKET SIZING PART 06: FIVE FORCES ANALYSIS PART 07: MARKET SEGMENTATION PART 08: CUSTOMER LANDSCAPE PART 09: REGIONAL LANDSCAPE PART 10: DECISION FRAMEWORK PART 11: DRIVERS AND CHALLENGES PART 12: MARKET TRENDS PART 13: VENDOR LANDSCAPE PART 14: VENDOR ANALYSIS PART 15: APPENDIX
For More Information about This Report: http://www.reportsweb.com/global-plc-software-market-2016-2020 .
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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