Demand for Improved Security Positively Impacts Global Programmable Logic Controllers Market

Published On : 12 Oct 2016 has recently announced the addition of a new research report to its repository. The document focuses on the drivers and restraints present in the global programmable logic controllers (PLCs) market in complete detail. The research report, titled “Global Programmable Logic Controllers (PLCs) Market Research Report 2016,” provides a clear understanding of the market dynamics. It studies the historical data and assesses the current market situation in order to chalk the trajectory of the global market for the coming few years. The report has been collaborated using primary and secondary research methodologies that are aimed towards providing the readers a thorough idea about the future of the global market.

The global market has been segmented on the basis of application into industrial automation, building and home automation, aerospace, and medical devices. Analysts predict that the growing need for building and home automation is expected to propel the demand for programmable logic controllers in the near future. These systems are installed in buildings to efficiently monitor and control equipment such as lighting, ventilation, power systems, security systems, and fire systems. Programmable logic controllers are also used for controlling systems such as centralized lighting control, HVAC control systems, entertainment control systems, security and access control systems, and control of several other appliances in the house. 

Nano PLCs are popularly used in heating and cooling systems, door and gate controls, water and sprinkler systems, ventilation systems, and window shutter controls in the various automation systems designed for housing and building. These PLCs are designed to meet the needs of users and are aimed towards optimizing operational costs. The research report includes a SWOT analysis that defines the strengths, weaknesses, opportunities, and threats that are expected to influence the segments of the global programmable logic controllers market in the near future.

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Geographically, the global programmable logic controllers market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Of these, the Asia Pacific is expected to dominate the global market in the coming few years. The growing demand for improved security solutions is anticipated drive the demand for PLCs in this region. Analysts also anticipate that improving product portfolio of the vendors in the market is likely to open up newer growth opportunities in the emerging markets as well.

Some of the leading players profiled in the global programmable logic controllers (PLCs) market are Renesas Electronics Corporation, ABB Ltd., Analog Devices, Inc., Atmel Corporation, e2v, Inc., Panasonic Semiconductor Solutions Co., NXP Semiconductors N.V., Fuji Electric Co., Ltd., ON Semiconductor Corporation, Ltd., and Nichia Corporation. The research report profiles these players and offers a detailed report about the competitive landscape present in the global market. Additionally, the report also includes a Porter’s five forces analysis, which examines the threat of the new entrants, the bargaining power of buyers and suppliers, and the intensity of the competitive rivalry. The report also discusses the business and marketing strategies likely to be implemented by these in the coming few years.  


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