Programmable
Logic Controller (PLC) Market will
register a CAGR of % during 2020-2024. The market’s growth momentum will
Accelerate.
growing demand for customized and
miniaturized PLCs will be one of the major factors driving the growth of this
market. Additionally, key Programmable Logic Controller (PLC) Market trends
such as the technological developments will also influence market growth during
the forecast period.
Programmable
Logic Controller (PLC) Market Size
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growth and the market share of various regions
During the forecast period, the
Programmable Logic Controller (PLC) Market size will grow by $ 2.39 bn.
Programmable
Logic Controller (PLC) Market : Vendors
The market is fragmented and owing
to the growth opportunities, the level of competition among the companies in
this market space will intensify further. are some of the major companies in
the Programmable Logic Controller (PLC) Market. Though the forecast period
offers opportunities for vendors to increase their market share, factors such
as the growing market for industrial PC and DCS as substitutes will
also challenge the growth of the companies.
ABB Ltd. | General Electric Co. |
Mitsubishi Corp. | OMRON Corp. | Panasonic Corp. | Robert Bosch GmbH | Rockwell
Industries Ltd. | Schneider Electric SE | Siemens AG | Toshiba Corp..list
are some of the companies covered in
Technavio’s Programmable Logic Controller (PLC) Market report for 2021-2025.
Programmable
Logic Controller (PLC) Market : Region-level Analysis
The report identifies region-level
market dynamics, developments, and key markets. The regional level analysis
also identifies the market share, growth momentum, and key leading countries in
the Programmable Logic Controller (PLC) Market.
The APAC will account for the
largest Programmable Logic Controller (PLC) Market share and during
2021-2025, the region will contribute to 33% of the market’s growth.
In addition to regions and the key
companies involved, Technavio’s Programmable Logic Controller (PLC) Market
report also analyzes the market by Unitary | Modular | Rackmount | Process
industry | Discrete industry | Building automation | APAC | North America |
Europe | MEA | South America.comma
Our Custom Research Solutions can provide
tailored Programmable Logic Controller (PLC)
Market information to meet your specific requirements.
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