Global PC-Based Automation Market 2018 With Forecasts to 2023 - A $38 Billion Opportunity - ResearchAndMarkets.com
The "PC-Based
Automation Market by Offering (Hardware and Software), Component (IPCs,
HMIs, PLCs, SCADA), Sales Channel (Direct Sales and Indirect Sales),
Industry (Process and Discrete), and Geography - Global Forecast to 2023"
report has been added to ResearchAndMarkets.com's
offering.
The PC-based automation market is expected to be valued at USD 29.92
Billion in 2018 and is likely to reach USD 38.01 Billion by 2023, at a
CAGR of 4.9% between 2018 and 2023.
The growth of this market can be attributed to the evolution of IIoT and
increasing demand for smart automation solutions, growing emphasis on
regulatory compliances, and increasing need for efficient monitoring in
manufacturing plants.
Among all components, PLCs are expected to hold the largest share of the
overall PC-based automation market in 2018. PLCs are widely used in
almost all industrial applications to control the automation of
industrial processes. Furthermore, PLCs are evolving continuously to
include advanced features such as greater programming flexibility and
ease, scalability, high memory, compactness, and high speed. These
advanced features make PLCs the best option for a variety of industrial
automation applications. This is driving the growth of the market for
PLCs.
Market Dynamics
Drivers
-
Evolution of IIoT and Growing Demand for Smart Automation Solutions
-
Growing Emphasis on Regulatory Compliances
-
Increasing Need for Efficient Monitoring in Manufacturing Plants
Restraints
-
High Investment Costs Pertaining to the Implementation of PC-Based
Automation Solutions
-
Fluctuating Crude Oil Prices
Opportunities
-
Integration of PC-Based Automation Systems and PLCs
Challenges
-
Increasing Cybersecurity Risks
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 PC-Based Automation Market, by Component
7 PC-Based Automation Market, by Offering
8 PC-Based Automation Market, by Sales Channel
9 PC-Based Automation Market, by Industry
10 Communication Technologies for PC-Based Automation (Qualitative
Chapter)
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
-
ABB
-
Advantech
-
Algonics Systems
-
Beckhoff Automation
-
Bosch Rexroth
-
Emerson Electric
-
Ewon
-
General Electric
-
Honeywell
-
IDEC
-
Inductive Automation
-
Kontron S&T
-
Logic Supply
-
Mitsubishi Electric
-
OMRON
-
Rockwell Automation
-
SCADAfence
-
Schneider Electric
-
Siemens
-
Worximity Technology
-
Yokogawa Electric
For more information about this report visit https://www.researchandmarkets.com/research/jqqc2v/global_pcbased?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180201006637/en/
Copyright Business Wire 2018
Source: Business Wire
(February 1, 2018 - 5:14 PM EST)
News by QuoteMedia
www.quotemedia.com