Research and Markets: PLC Market in the US 2015-2019: Top 6 Companies Reviewed, Including SWOT Analysis
May 12, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/8bh2gc/plc_market_in_the) has announced the addition of the “PLC Market in the US 2015-2019” report to their offering.
PLC is a product that regulates various automation and mechanical processes in manufacturing plants. It controls applications by maintaining connectivity via field devices such as sensors, transmitters, and actuators. A PLC receives commands and signals from field devices and other industrial systems through a control system communication protocol. It uses various programming languages such as ladder diagrams, functional block diagrams, and instruction lists to regulate processes.
The analysts forecast the PLC market in the US to grow at a CAGR of 5.84 percent over the period 2014-2019.
Key vendors
– ABB
– GE
– Mitsubishi Electric
– Rockwell Automation
– Schneider Electric
– Siemens
Other prominent vendors
– Beckhoff
– Bosch Rexroth
– Honeywell International
– Idec
– Keyence
– Koyo Electronics
– Omron
– Panasonic
– Toshiba
– Yokogawa Electric
Commenting on the report, an analyst from the team said: Integration of PLCs with various enterprise applications is one of the emerging trends being witnessed in the PLC market in the US. Many manufacturing companies need enterprise-wide integrated PLC applications, especially PLCs that are integrated with ERP software. Enterprise-wide PLC applications increase the efficiency and effectiveness of a manufacturing plant. They also enable operators to manage the entire plant automation system with real-time information. In addition, a few automation vendors have started to develop strategic alliances with various ERP vendors to provide enterprise-wide PLC applications. Therefore, many vendors have started to enhance their market position by providing enterprise-wide PLC applications.
For more information visit http://www.researchandmarkets.com/research/8bh2gc/plc_market_in_the
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