Global Programmable Logic Controllers Category - Procurement Market Intelligence Report
About PLC Market
The growth in adoption of PLC-controlled robots is a factor driving the PLC market growth. Robots are used in manufacturing industries, such as automotive, consumer packaged goods, and electronics. Traditionally, PLCs were known for their use of process control in the manufacturing sector. Manufacturers across end-user industries prefer to opt for PLC-programmed and controlled robots for better management of the production process reducing the downtime and subsequently, driving the growth of the global PLCs market.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Programmable Logic Controllers Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Programmable Logic Controllers Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
SpendEdge Announces the Publication of its Procurement Research Report – Global Programmable Logic Controllers Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Programmable Logic Controllers Category - Procurement Market Intelligence Report: Siemens, Rockwell Automation, Mitsubishi Electric, Schneider Electric, and Omron.
Commenting on the report, an analyst from SpendEdge said: “One of the procurement best practices for buyers is to bundle additional hardware and software requirements. As PLCs are used in conjunction with other hardware devices such as PCs and HMI and software that can eliminate the use of external components, buyers need to opt for suppliers that can provide bundled products and software solutions.”
According to the report, the increasing need to incorporate automation into production processes is a key growth driver for the PLC market. Manufacturers across end-user industries have realized the need for automation of the production processes to improve the efficiency and maintain the quality, related to the manufactured products, in the manufacturing processes.
Further, the report states that one of the procurement challenges faced by buyers is the vulnerability and data security issues. PLCs are used as an integral part of the production processes in most of the end-use industries. However, buyers require SCADA, a software interface, to monitor the performance of PLCs.
Siemens, Rockwell Automation, Mitsubishi Electric, Schneider Electric, and Omron.