PLC Market in Europe to Grow at 7% CAGR to 2019 - Forecasts and Analysis Report

PLC is a product that regulates various automation and mechanical processes in manufacturing plants through ladder diagrams, functional block diagrams, and instruction lists. PLC systems control diverse automation applications by maintaining connectivity via field devices such as sensors, transmitters, and actuators through a control system communication protocol. These systems control and manage the entire plant by providing operators with complete visibility of the production processes.

The analysts forecast PLC market in Europe to grow at a CAGR of 7.44 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the PLC market in Europe for the period 2015-2019. To calculate the market size, the report covers the revenue generated from various end-user industries.

The report, PLC Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It presents the vendor landscape and a corresponding detailed analysis of the primary vendors in the PLC market in Europe. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.

Key Countries

  • Germany
  • France
  • Italy
  • UK

Key Vendors

  • ABB
  • GE
  • Mitsubishi Electric
  • Rockwell Automation
  • Schneider Electric
  • Siemens
  • Yokogawa Electric

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Other Prominent Vendors

  • Beckhoff
  • Bosch Rexroth
  • Honeywell International
  • Idec
  • Keyence
  • Omron
  • Panasonic
  • Toshiba

Market Driver

  • Rise in sales of automobiles

Market Challenge

  • Stagnant industrial investments

Market Trend

  • ECB stimulus package

Key Questions Answered in this Report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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