TechNavio's analysts forecast the Global Programmable Logic Controllers market to grow at a CAGR of 9.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is governmental regulations and policies. The Global Programmable Logic Controllers market has also been witnessing the increasing demand for integrated programmable logic controllers. However, the high cost of customer switching could pose a challenge to the growth of this market.
TechNavio's report, the Global Programmable Logic Controllers Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Programmable Logic Controllers market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Mitsubishi Electric Corp., Schneider Electric SA, Siemens AG, and Rockwell Automating Inc.
Other vendors are GE Co., ABB Ltd., Omron Corp., Honeywell International Inc., Invensys plc., and Yokogawa Electric Corp.
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