DUBLIN--(BUSINESS WIRE)--The "Nano PLC Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component; Type; Industry" report has been added to ResearchAndMarkets.com's offering.
In terms of revenue, the nano PLC market was valued at US$ 3.67 Bn in 2019 and is projected to reach US$ 5.67 Bn by 2027; it is expected to grow at a CAGR of 5.7% from 2020 to 2027.
The growing demand for compact automation solutions in industries and constant upgrades in conventional control systems with nano PLCs are among the major factors driving the global nano PLC market growth. However, the lack of awareness about nano PLC benefits and availability of other control devices restrains the growth of this market. Despite these limitations, the rising trend of home and building automation, and increasing technological advancements to incorporate advanced features are likely to boost the nano PLC market growth during the forecast period.
Globally, the nano PLC market is experiencing an impressive growth owing to the developing technological landscape across industries and rising integration of technologies such as the Internet of Things (IoT), Industrial IoT (IIoT), Big Data, and predictive analytics into business operations. The companies operating in the market are constantly developing and improving their solutions to meet the challenging automation requirements of various sectors. Cross system configuration, expandable formats, intelligent networking, easy configuration, remote monitoring and control, integrated web server, and SMS/email alert systems are among the features offered by the state-of-the-art intelligent nano PLCs.
Companies Mentioned
- Crouzet Automatismes SAS
- Emerson Electric Co.
- EZAutomation
- IDEC Corporation
- Keyence Corporation
- Mitsubishi Electric Corporation
- OMRON Corporation
- Rockwell Automation, Inc.
- Schneider Electric SE
-
Siemens AG
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global nano PLC market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global nano PLC market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 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
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Nano PLC Market - Market Dynamics
5.1 Market Drivers
5.1.1 Growing demand for compact automation solutions in industries
5.1.2 Upgradation of conventional control systems with Nano PLCs
5.2 Market Restraints
5.2.1 Lack of awareness and availability of other control devices
5.3 Market Opportunities
5.3.1 Rising trend of home and building automation
5.4 Future Trends
5.4.1 Increasing technological advancements to incorporate advanced features
5.5 Impact Analysis of Drivers and Restraints
6. Nano PLC Market - Global Analysis
6.1 Nano PLC Market Global Overview
6.2 Nano PLC Market - Revenue and Forecast to 2027 (US$ Billion)
6.3 Market Positioning - Key Players
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
7.4.1 Overview
7.4.2 Software: Nano PLC Market - Revenue and Forecast to 2027 (US$ Million)
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 & 2027
9.3 Automotive
9.4 Energy & Power
9.5 Home & Building Automation
9.6 Oil & Gas
9.7 Pharmaceutical
9.8 Metals and Mining
9.9 Other Industries
10. Nano PLC Market - Geographic Analysis
10.1 Overview
10.2 North America: Nano PLC Market
10.3 Europe: Nano PLC Market
10.4 APAC: Nano PLC Market
10.5 MEA: Nano PLC Market
10.6 SAM: Nano PLC Market
11. Nano PLC Market- COVID-19 Impact Analysis
11.1 Overview
11.2 North America
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 South America
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
14. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/d29km
