PLC Market in Automotive Industry Analysis, Market Size, Competitive Trends: Radiant Insights, Inc

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.

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These 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

This 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

 About Radiant Insights

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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 Contact Details:

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Radiant Insights, Inc

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