PLC Market in the Oil and Gas Industry in the Americas 2015-2019

  • Published: Dec 2014
  • Pages: 88
  • SKU: IRTNTR4877
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About PLC
A programmable logic controller (PLC) is an industrial control product that regulates various automation and mechanical processes in the manufacturing plants. A PLC controls various automation applications in a plant by maintaining direct connectivity with various 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 various programming languages such as ladder diagram, functional block diagram, and instruction lists to regulate processes.
TechNavio's analysts forecast the PLC market in the Oil and Gas Industry in the Americas to grow at a CAGR of 7.20 percent over the period 2014-2019.

Covered in this Report
The PLC market in the Oil and Gas Industry in the Americas can be segmented into three segments: Hardware, Software, and Services.
TechNavio's report, the PLC Market in the Oil and Gas Industry in the Americas 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas; it also covers the PLC market in the Oil and Gas Industry landscape in the Americas and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key Regions
• Americas
       
Key Vendors
• ABB
• GE
• Mitsubishi Electric
• Rockwell Automation
• Schneider Electric
• Siemens

Other Prominent Vendors
 • Bosch Rexroth
• Beckhoff
• Idec
• Keyence
• Koyo
• Omron
• Honeywell International
• Panasonic
• Toshiba
• Yokogawa Electric

Market Driver
• Increased Exploration and Production Activities
• For a full, detailed list, view our report

Market Challenge
• High Customer Switching Cost
• For a full, detailed list, view our report

Market Trend
• Increased Adoption of Integrated PLCs
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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