The Micro and Nano PLC market is expected to grow from USD XXX million in 2019 to USD 10,445.54 million by 2025 at a CAGR of 7.11% from 2019 to 2025.
Micro and Nano PLC Market scope is anticipated to experience a substantial development during the estimate timeframe due to applications in the industrial sector and the demand for compact automation solutions. For example, industrial robots are gaining traction due to their ability to expand production efficiency and reduce costs. These are the essential components in industrial robotic systems and the rising adoption of these systems across the globe is amplifying the development of the micro and nano PLC market during the forecast timeframe.
These components deliver significant benefits over traditional PLC chips owing to the simpler programming and the high flexibility, making them an ideal choice in various applications like security systems, conveyor automation, and building and parking lobby lighting systems. The growing cost of energy and factory spaces is propelling manufacturers to shift away from large-footprint and multi-processor architectures toward centralized control, driving the micro and nano PLC market. The production of this technology in smaller sizes agrees end users to decrease their power usage by over 50% as compared to the conventional technology.
The global Micro and Nano PLC market is segregated on the basis of Offering as Software, Services, and Hardware. Based on Type the global Micro and Nano PLC market is segmented in Nano PLC and Micro PLC. Based on Architecture the global Micro and Nano PLC market is segmented in Modular and Fixed PLC.
Based on Industry, the global Micro and Nano PLC market is segmented in Oil & Gas, Pharmaceuticals, Pulp & Paper, Power, Water & Wastewater, Automotive, Chemicals & Fertilizers, Food &Beverages, Home & Building Automation, and Metals & Mining.
The global Micro and Nano PLC market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Micro and Nano PLC market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Siemens AG, General Electric, Robert Bosch GmbH, Mitsubishi Electric Corporation, Rockwell Automation Inc., and others are among the major players in the global Micro and Nano PLC market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Micro and Nano PLC market has been segmented as below:
Micro and Nano PLC Market, By Offering
Micro and Nano PLC Market, By Type
Micro and Nano PLC Market, By Architecture
Micro and Nano PLC Market, By Industry
Micro and Nano PLC Market, By Region
Micro and Nano PLC Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Micro and Nano PLC market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Micro and Nano PLC market share. Major industry players with significant revenue share include Siemens AG, General Electric, Robert Bosch GmbH, Mitsubishi Electric Corporation, Rockwell Automation Inc., and others.
Why to Buy this Report:
Target Audience:
The report targeted towards the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Software
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Services
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Hardware
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6.1 Introduction
6.2 Nano PLC
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Micro PLC
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7.1 Introduction
7.2 Modular
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Fixed PLC
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8.1 Introduction
8.2 Oil & Gas
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Pharmaceuticals
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Pulp & Paper
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Power
8.5.1 Market Overview
8.5.2 Market Size and Forecast
8.6 Water & Wastewater
8.6.1 Market Overview
8.6.2 Market Size and Forecast
8.7 Automotive
8.7.1 Market Overview
8.7.2 Market Size and Forecast
8.8 Chemicals & Fertilizers
8.8.1 Market Overview
8.8.2 Market Size and Forecast
8.9 Food &Beverages
8.9.1 Market Overview
8.9.2 Market Size and Forecast
8.10 Home & Building Automation
8.10.1 Market Overview
8.10.2 Market Size and Forecast
8.11 Metals & Mining
8.11.1 Market Overview
8.11.2 Market Size and Forecast
9.1 Introduction
9.2 North America
9.2.1 North America Micro and Nano PLC, By Offering
9.2.2 North America Micro and Nano PLC, By Type
9.2.3 North America Micro and Nano PLC, By Architecture
9.2.4 North America Micro and Nano PLC, By Industry
9.3 Europe
9.3.1 Europe Micro and Nano PLC, By Offering
9.3.2 Europe Micro and Nano PLC, By Type
9.3.3 Europe Micro and Nano PLC, By Architecture
9.3.4 Europe Micro and Nano PLC, By Industry
9.4 Asia-Pacific
9.4.1 Asia-Pacific Micro and Nano PLC, By Offering
9.4.2 Asia-Pacific Micro and Nano PLC, By Type
9.4.3 Asia-Pacific Micro and Nano PLC, By Architecture
9.4.4 Asia-Pacific Micro and Nano PLC, By Industry
9.5 Rest of the World
9.5.1 Rest of the World Micro and Nano PLC, By Offering
9.5.2 Rest of the World Micro and Nano PLC, By Type
9.5.3 Rest of the World Micro and Nano PLC, By Architecture
9.5.4 Rest of the World Micro and Nano PLC, By Industry
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11.1 Siemens AG
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 General Electric
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Robert Bosch GmbH
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Mitsubishi Electric Corporation
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 Rockwell Automation Inc.
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
The global Micro and Nano PLC market has been segmented as below:
Micro and Nano PLC Market, By Offering
Micro and Nano PLC Market, By Type
Micro and Nano PLC Market, By Architecture
Micro and Nano PLC Market, By Industry
Micro and Nano PLC Market, By Region
Micro and Nano PLC Market, By Company