Press release
Micro and Nano PLC Market Analysis By 2028 - Top Key Players ABB, Omron Corp, Siemens, Rockwell Automation, Schneider Electric, IDEC USA, Bosch and Schneider Electric
Micro and Nano PLC Market is projected to experience a substantial growth during the forecast timeframe owing to applications in the industrial sector and the demand for compact automation solutions. For instance, industrial robots are gaining traction owing to their ability to improve production efficiency and reduce costs. These are the essential components in industrial robotic systems and the rising adoption of these systems across the world is amplifying the growth of the micro and nano PLC market during the forecast timeframe.
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In the light of the rising trend of Industry 4.0, the micro and nano PLC market is anticipated to gain traction. There is a high focus on the adoption of technologies and devices that consume lesser power and space, reducing the overall total costs of designing and manufacturing a system. Additionally, the proliferation of sensors required to track environmental and process variables is continuously increasing, transitioning industrial workspaces to smart factories. In such cases, the adoption of smaller PLCs placed closer to the processes they control can reduce bottlenecks and shorten the control loops.
The major players operating in the market-
• ABB
• Omron Corp
• Siemens
• Rockwell Automation
• Schneider Electric
• IDEC USA
• Bosch
• Schneider Electric
The micro and nano PLC market by type indicates that the micro-segment is anticipated to dominate in terms of revenue. These systems offer higher ease of programming and usability allowing them to be used for various applications. They also support a higher number of I/O ports as compared to nano PLCs, making them a better alternative for users seeking to reduce their sizes and energy consumption without compromising on the efficiency of the process. The nano segment of the micro and nano PLC market is anticipated witness a growth in size owing to the rising trend of miniaturization.
Request for customization @ www.gminsights.com/roc/2471
The micro and nano PLC market by offering indicates that the software segment is anticipated to witness a strong growth over the forecast period. OEMs highly focus on the reduction of potential security risks and the development of software that can reduce the time for designing automated control applications. The high growth of the industrial automation and the rising penetration of these technologies are contributing toward the high revenue of the hardware.
The micro and nano PLC market by architecture indicates that the modular PLCs are exhibited to witness a strong growth during the forecast timeframe. These can house much larger amounts of information and provide room for expansion and customization of the processes. Modular architecture also reduces the downtime and can easily identify and alert the operators during times of faults and process failures while keeping some processes operational. However, these are relatively more expensive and provide greater economic security in the long term.
Browse Full Report: https://www.gminsights.com/industry-analysis/micro-and-nano-plc-market
The micro and nano PLC market in the Asia Pacific region is exhibited to witness a high growth owing to the industrial boom and a large number of manufacturing plants owing to the high availability of low-cost resources such as labor and components. Government bodies are providing grants and subsidies to support SMEs through programs such as Make in India and Made in China 2025. Moreover, the high amount of urbanization has led to an increase in construction activities and modernization of the existing infrastructures. Governments in various economies, primarily in the Western European countries such as Germany, are pressuring organizations to reduce their energy consumption, fueling the move toward the micro and nano PLC market.
Players operating in the micro and nano PLC market include ABB Ltd., Omron Corporation, Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, IDEC Corporation, Robert Bosch GmbH, and Schneider Electric SE. Manufacturers in the industry are required to continuously invest in strategies such as mergers, partnerships, and technology developments to sustain growth. For instance, in January 2018, Rockwell Automation announced the release of a firmware update for its MicroLogix 1400 PLCs to resolve a critical security system vulnerability.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Request for an in-depth table of contents for this report @ www.gminsights.com/request-toc/upcoming/2471
In the light of the rising trend of Industry 4.0, the micro and nano PLC market is anticipated to gain traction. There is a high focus on the adoption of technologies and devices that consume lesser power and space, reducing the overall total costs of designing and manufacturing a system. Additionally, the proliferation of sensors required to track environmental and process variables is continuously increasing, transitioning industrial workspaces to smart factories. In such cases, the adoption of smaller PLCs placed closer to the processes they control can reduce bottlenecks and shorten the control loops.
The major players operating in the market-
• ABB
• Omron Corp
• Siemens
• Rockwell Automation
• Schneider Electric
• IDEC USA
• Bosch
• Schneider Electric
The micro and nano PLC market by type indicates that the micro-segment is anticipated to dominate in terms of revenue. These systems offer higher ease of programming and usability allowing them to be used for various applications. They also support a higher number of I/O ports as compared to nano PLCs, making them a better alternative for users seeking to reduce their sizes and energy consumption without compromising on the efficiency of the process. The nano segment of the micro and nano PLC market is anticipated witness a growth in size owing to the rising trend of miniaturization.
Request for customization @ www.gminsights.com/roc/2471
The micro and nano PLC market by offering indicates that the software segment is anticipated to witness a strong growth over the forecast period. OEMs highly focus on the reduction of potential security risks and the development of software that can reduce the time for designing automated control applications. The high growth of the industrial automation and the rising penetration of these technologies are contributing toward the high revenue of the hardware.
The micro and nano PLC market by architecture indicates that the modular PLCs are exhibited to witness a strong growth during the forecast timeframe. These can house much larger amounts of information and provide room for expansion and customization of the processes. Modular architecture also reduces the downtime and can easily identify and alert the operators during times of faults and process failures while keeping some processes operational. However, these are relatively more expensive and provide greater economic security in the long term.
Browse Full Report: https://www.gminsights.com/industry-analysis/micro-and-nano-plc-market
The micro and nano PLC market in the Asia Pacific region is exhibited to witness a high growth owing to the industrial boom and a large number of manufacturing plants owing to the high availability of low-cost resources such as labor and components. Government bodies are providing grants and subsidies to support SMEs through programs such as Make in India and Made in China 2025. Moreover, the high amount of urbanization has led to an increase in construction activities and modernization of the existing infrastructures. Governments in various economies, primarily in the Western European countries such as Germany, are pressuring organizations to reduce their energy consumption, fueling the move toward the micro and nano PLC market.
Players operating in the micro and nano PLC market include ABB Ltd., Omron Corporation, Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, IDEC Corporation, Robert Bosch GmbH, and Schneider Electric SE. Manufacturers in the industry are required to continuously invest in strategies such as mergers, partnerships, and technology developments to sustain growth. For instance, in January 2018, Rockwell Automation announced the release of a firmware update for its MicroLogix 1400 PLCs to resolve a critical security system vulnerability.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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