PLC is the primary computing system, which controls automated machines. The system also helps in detecting any errors or flaws and alerts the technician. PLC systems are also preferred over traditional systems, like relays and switch boxes, due to their compact sizes. Another advantage of PLCs is their multi-functionality (owing to their programmable nature that can be used for multiple operations depending on the application). Machine downtime is one of the major factors that has an impact on the manufacturing efficiency of an industry. It is estimated that downtime is responsible for 5-20% of the manufacturing losses incurred during operation. The deployment of PLC systems enables the identification and rectification of errors, and can initiate rapid responses even without human intervention. Hence, these automated PLC systems are estimated to assist in reducing the machine downtime from 20% to almost 4%. The market studied is strongly impacted by the industrial output and the investment funneled into the computers and software. These PLC systems have traditionally been the foundation of both process and discrete factory automation. The growing adoption of Industry 4.0 across the industrial verticals has augmented the market studied.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

5. MARKET DYNAMICS

6. MARKET SEGMENTATION - BY TYPE

7. MARKET SEGMENTATION - BY END-USER INDUSTRY

8. MARKET SEGMENTATION - BY REGION

9. KEY VENDOR PROFILES

10. INVESTMENT ANALYSIS 11. FUTURE OF THE MARKET