Global PLC Market in Automotive Industry 2015-2019

About PLC
A PLC is an industrial control product that regulates various automation and mechanical processes in manufacturing plants. It controls various automation applications in a plant by maintaining direct connectivity with 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 programming languages such as ladder diagrams, functional block diagrams, and instruction lists to regulate processes.

It is a replacement for traditional control panels that involve hard-wired relays and timer logic. The technology is based on programmed instruction logic, which offers more operational flexibility. A PLC also requires shorter installation and commissioning times than traditional hard-wired control systems.

Technavio's analysts forecast the global PLC market in the automotive industry to grow at a CAGR of 8.36% over the period 2014-2019.

Covered in this report
The report covers the current scenario and the growth prospects of the global PLC market in the automotive industry for the period of 2015-2019. To calculate the market size, the report considers revenue generated from the following:
• Sales of PLC solutions in automotive industry
• Maintenance
• Services

Technavio's report, Global PLC Market in Automotive Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and EMEA; it also covers the landscape of the global PLC market in automotive industry and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
• Americas
• APAC
• EMEA

Key vendors
• ABB
• Mitsubishi
• Rockwell
• Schneider
• Seimens

Other prominent vendors
• Adept
• Beckhoff
• Bosch
• Emerson
• Fuji
• GE
• Honeywell
• Idec
• Keyence
• Koyo Electronics
• Omron
• Panasonic
• Toshiba
• Unitronics
• Yokogawa

Market driver
• Expansion in automotive plant capacity
• For a full, detailed list, view our report

Market challenge
• Competition from small DCS
• For a full, detailed list, view our report

Market trend
• Global resurgence of automotive industry
• For a full, detailed list, view our report

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?