DUBLIN--(BUSINESS WIRE)--The "Global Micro and Nano PLC Market - By Type, Market, Application, End-Use Industry, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.
The global micro and nano PLC market was 5.83 billion USD in 2016 and is estimated to reach 9.3 billion USD by 2022 growing at CAGR of 8.1% for the forecasted period.
The PLC market in Asia Pacific is anticipated to witness high development and growth in the given time frame. Fast industrialization combined with expanding fabricating units in this district is anticipated to fuel the interest for measured PLC. Latin America and Europe are required to witness positive development in the PLC market
In this industry, smaller scale PLCs are utilized for the observing of generation forms like welding, painting, stamping, and get together. Variables like high ventures by engine vehicle makers to buy plants, property, hardware, and modern control arrangements will prompt the development of this market section.
In the newer versions of PLC, human-Interface Machine (HMI) has been added so that an end user can operate it by resistive analogue touch screen or remotely via a free remote operator utility that makes it user-friendly. It is designed to expand and customize processes for continuous development and greater economic security for long-term use.
- Rockwell Automation
- Omron Corporation
- Robert Bosch GmbH
- ABB Ltd.
- B&R Industrial Automation
- General Electric
- IDEC Corporation
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