North American Nano PLC Market and COVID-19 Impact Analysis, Forecast to 2027 - Emerson Electric Co, IDEC Corporation and Keyence Corporation are Amongst the Key Players - ResearchAndMarkets.com
North American Nano PLC Market and COVID-19 Impact Analysis, Forecast to 2027 - Emerson Electric Co, IDEC Corporation and Keyence Corporation are Amongst the Key Players - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "North America Nano PLC Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component; Type; Industry" report has been added to ResearchAndMarkets.com's offering.
The Nano PLC market in North America was valued at US$ 890.1 million in 2019 and is projected to reach US$ 2,776.3 million by 2027; it is expected to grow at a CAGR of 15.8% from 2020 to 2027.
The growth of the market in North America is attributed to the growing demand for compact automation solutions in industries and increasing preference for upgrading the conventional control systems with Nano PLCs. However, the lack of awareness and availability of other control devices restrain the growth of this market. Despite these limitations, the market in this region is anticipated to witness impressive growth during the forecast period.
Hardware and software are the major categories of components offered by Nano PLC market players. The hardware segment led the North America Nano PLC market, based on component in 2019. Hardware components that go in nano PLCs include power supply, CPU, memory, I/O modules, and communication interface for its operation.
Emerson Electric Co, IDEC Corporation, and Keyence Corporation are among the major players operating in the market in this region.
Key Topics Covered
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Nano PLC Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Nano PLC Market - Market Dynamics
5.1 Market Drivers
5.1.1 Large Automation Requirement by the Industries
5.1.2 Investment in Process Automation
5.2 Market Restraints
5.2.1 Availability of Conventional Control Devices
5.3 Market Opportunities
5.3.1 Rising Demand for Innovative and Flexible Automation Solutions
5.4 Future Trends
5.4.1 Increasing Penetration of Technologies
5.5 Impact Analysis of Drivers and Restraints
6. Nano PLC Market - North America Analysis
6.1 Nano PLC Market North America Overview
6.2 Nano PLC Market - Revenue and Forecast to 2027 (US$ Million)
7. Nano PLC Market Analysis - By Component
7.1 Overview
7.2 Nano PLC Market, by Component (2019 and 2027)
7.3 Hardware
7.4 Software
8. Nano PLC Market Analysis - by Type
8.1 Overview
8.2 Nano PLC Market, by Type (2019 and 2027)
8.3 Fixed Nano PLC
8.4 Modular Nano PLC
9. Nano PLC Market Analysis - by Industry
9.1 Overview
9.2 Nano PLC Market Breakdown, by Industry (2019 and 2027)
9.3 Automotive
9.4 Energy & Power
9.5 Home & Building Automation
9.6 Oil & Gas
9.7 Pharmaceuticals
9.8 Metals & Mining
9.9 Other Industries
10. North America Nano PLC Market - Country Analysis
11. Nano PLC Market - COVID-19 Impact Analysis
11.1 Overview
11.2 North America
12. Industry Landscape
12.1 Overview
12.2 Market Initiatives
12.3 Mergers and Acquisitions
12.4 New Developments
13. Company Profiles
13.1 Crouzet Automatisms SAS
13.2 Emerson Electric Co.
13.3 EZAutomation
13.4 IDEC Corporation
13.5 Keyence Corporation
13.6 Mitsubishi Electric Corporation
13.7 OMRON Corporation
13.8 Rockwell Automation, Inc.
13.9 Schneider Electric SE
13.10 Siemens AG
For more information about this report visit https://www.researchandmarkets.com/r/95c2u4
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