Micro and Nano PLC Market Dynamics, Growth Segments by Opportunities, Future Demand Status and Business Advancement plans till 2030

Global Micro and Nano PLC Market is valued approximately USD 6.82 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 6.9 % over the forecast period 2019-2026. Programmable Logic Controller (PLC) is a digital computer which is used to automate the industrial electromechanical processes. These controller monitor and control the state of the input devices and make decisions to manage the state of the output devices. These PLCs are of two types micro PLC and Nano PLC. These are designed to process complex tasks for smooth operations of industrial processes. Further, rising demand for compact automation solutions and infrastructure automation has led the adoption of Micro and Nano PLC across the forecast period. Also, increasing IoT adoption at a substantial rate across the world is expected to fuel the demand for Micro and Nano PLCs. However, the high investments required for expansion and fluctuating oil and gas prices may hinder the growth of the market.

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In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

The regional analysis of global Micro and Nano PLC market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the automation and servicing requirements in the region. Also, supportive government programs, annual events and conferences are further fueling the growth of the market in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing number of manufacturing facilities along with advanced technology like smart manufacturing and aging infrastructure would create lucrative growth prospects for the Micro and Nano PLC market across Asia-Pacific region.

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Major market player included in this report are:
Siemens AG (Germany)
Schneider Electric SE (France)
Rockwell Automation Incorporation (U.S.)
Mitsubishi Electric Corporation
Omron Corp. (Japan)
Keyence Corporation
General Electric
Robert Bosch GmbH
ABB Ltd.
IDEC Corporation
B&R Industrial Automation.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Micro PLC
Nano PLC
By Offering:
Hardware
Software
Services

By Architecture:
Fixed PLC
Modular

By Industry:
Automotive
Chemicals & Fertilizers
Food &Beverages
Home & Building Automation
Metals & Mining
Oil & Gas
Pharmaceuticals
Pulp & Paper
Power
Water & Wastewater

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Micro and Nano PLC Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investor

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Micro and Nano PLC Market, by Region, 2017-2026 (USD Billion)
1.2.2. Micro and Nano PLC Market, by Type, 2017-2026 (USD Billion)
1.2.3. Micro and Nano PLC Market, by Offering, 2017-2026 (USD Billion)
1.2.4. Micro and Nano PLC Market, by Architecture, 2017-2026 (USD Billion)
1.2.5. Micro and Nano PLC Market, by Industry 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Micro and Nano PLC Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Micro and Nano PLC Market Dynamics
3.1. Micro and Nano PLC Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Micro and Nano PLC Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Micro and Nano PLC Market, by Type
5.1. Market Snapshot
5.2. Global Micro and Nano PLC Market by Type, Performance – Potential Analysis
5.3. Global Micro and Nano PLC Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Micro and Nano PLC Market, Sub Segment Analysis
5.4.1. Micro PLC
5.4.2. Nano PLC
Chapter 6. Global Micro and Nano PLC Market, by Offering
6.1. Market Snapshot
6.2. Global Micro and Nano PLC Market by Offering, Performance – Potential Analysis
6.3. Global Micro and Nano PLC Market Estimates & Forecasts by Offering 2016-2026 (USD Billion)
6.4. Micro and Nano PLC Market, Sub Segment Analysis
6.4.1. Hardware

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