Micro and Nano PLC Market
- Published Date: Aug-2021 |
- 180 Pages |
- Report ID: ES0389
Micro and Nano PLC Market
The Micro and Nano PLC market is expected to grow up to USD 11.83 billion by 2025 at a CAGR of 7.06% from 2019 to 2025.
Micro and Nano PLC Market scope is expected to experience substantial development during the estimated timeframe because of 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 increasing adoption of these systems across the world is amplifying the growth of the market during the prediction timeframe. Growing awareness of automation in industrial processes, extensive adoption of IoT connectivity, and rising demand for compact solutions in automation are key factors influencing the development of the market. PLC stands for programmable logic control, an electronic device used to perform certain tasks. It is used in many industries for monitoring and control building systems in production processes, which are designed in such a way that each PLC performs a single set of tasks. Adoption of compact solutions and rising automation applications in buildings, high increases, and manufacturing industries drive the market. Process automation industries are increasing owing to the use of micro and nano PLCs, which offer economical solutions for necessary control needs in simple machines ranging from a simple control timing circuit to a relay replacement logic circuit. The global market is segregated on the basis of Type as Micro PLC and Nano PLC. Based on Component the global market is segmented in Hardware, Software, and Services. Based on Architecture the global market is segmented in Fixed PLC and Modular. Based on Application, the global market is segmented in Automotive, Home & Building Automation, Metals & Mining, Oil & Gas, Pharmaceuticals, Pulp & Paper, Power, Chemicals & Fertilizers, Food & Beverages, and Water & Wastewater.
The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. Themmarket 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 (Germany), Schneider Electric SE (France), Rockwell Automation Incorporation (U.S.), Mitsubishi Electric Corporation, Omron Corp. (Japan), Institute of Electrical and Electronics Engineers (IEEE), International Society of Automation (ISA), and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths 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:
By Type
- Micro PLC
- Nano PLC
By Component
- Hardware
- Software
- Services
By Architecture
- Fixed PLC
- Modular
By Application
- Automotive
- Home & Building Automation
- Metals & Mining
- Oil & Gas
- Pharmaceuticals
- Pulp & Paper
- Power
- Chemicals & Fertilizers
- Food & Beverages
- Water & Wastewater
By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
By Company
- Siemens AG (Germany)
- Schneider Electric SE (France)
- Rockwell Automation Incorporation (U.S.)
- Mitsubishi Electric Corporation
- Omron Corp. (Japan)
- Institute of Electrical and Electronics Engineers (IEEE)
- International Society of Automation (ISA)
The report covers the below scope:
- Global market sizes from 2019 to 2025, along with CAGR for 2019-2025
- Market size comparison for 2019 vs 2025, with actual data for 2019, estimates for 2020 and forecast from 2021 to 2025
- Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
The years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2020
- Projected year - 2021
- Forecast period - 2021 to 2025
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of 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 a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Siemens AG (Germany), Schneider Electric SE (France), Rockwell Automation Incorporation (U.S.), Mitsubishi Electric Corporation, Omron Corp. (Japan), Institute of Electrical and Electronics Engineers (IEEE), International Society of Automation (ISA), and others.
Why Buy this Report:
- Gain detailed insights on the Micro and Nano PLC industry trends
- Find a complete analysis of the market status
- Identify the market opportunities and growth segments
- Analyze competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Target Audience:
The report targeted the existing players in the industry is as follows:
- Market Manufacturers/Service Providers
- Market Wholesale/Traders
- Investment and Financial Institutions
Free and Paid Customization based on the requirement
Report Content
- Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
- Research Methodology
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
- Executive Summary
- Market Overview
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
- By Type
5.1 Introduction
5.2 Micro PLC
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Nano PLC
5.3.1 Market Overview
5.3.2 Market Size and Forecast
- By Component
6.1 Introduction
6.2 Hardware
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Software
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Services
6.4.1 Market Overview
6.4.2 Market Size and Forecast
- By Architecture
7.1 Introduction
7.2 Fixed PLC
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Modular
7.3.1 Market Overview
7.3.2 Market Size and Forecast
- By Application
8.1 Introduction
8.2 Automotive
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Home & Building Automation
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Metals & Mining
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Oil & Gas
8.5.1 Market Overview
8.5.2 Market Size and Forecast
8.6 Pharmaceuticals
8.6.1 Market Overview
8.6.2 Market Size and Forecast
8.7 Pulp & Paper
8.7.1 Market Overview
8.7.2 Market Size and Forecast
8.8 Power
8.8.1 Market Overview
8.8.2 Market Size and Forecast
8.9 Chemicals & Fertilizers
8.9.1 Market Overview
8.9.2 Market Size and Forecast
8.10 Food & Beverages
8.10.1 Market Overview
8.10.2 Market Size and Forecast
8.11 Water & Wastewater
8.11.1 Market Overview
8.11.2 Market Size and Forecast
- By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Market, By Type
9.2.2 North America Market, By Component
9.2.3 North America Market, By Architecture
9.2.4 North America Market, By Application
9.3 Europe
9.3.1 Europe Market, By Type
9.3.2 Europe Market, By Component
9.3.3 Europe Market, By Architecture
9.3.4 Europe Market, By Application
9.4 Asia-Pacific
9.4.1 Asia-Pacific Market, By Type
9.4.2 Asia-Pacific Market, By Component
9.4.3 Asia-Pacific Market, By Architecture
9.4.4 Asia-Pacific Market, By Application
9.5 Rest of the World
9.5.1 Rest of the World Market, By Type
9.5.2 Rest of the World Market, By Component
9.5.3 Rest of the World Market, By Architecture
9.5.4 Rest of the World Market, By Application
- Competitive Insights
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
- Company Profiles
11.1 Siemens AG (Germany)
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Schneider Electric SE (France)
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Rockwell Automation Incorporation (U.S.)
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 Omron Corp. (Japan)
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 Institute of Electrical and Electronics Engineers (IEEE)
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
&am
Segmentation
Company Profile