Micro And Nano PLC Market Study

As per the latest report by Knowledge Sourcing Intelligence, The micro and nano PLC market is projected to grow at a CAGR of 8% to reach US$9.171 billion by 2024, from US$5.78 billion in 2018. The growing competitive environment is resulting in increasing installation of automation solution by the manufacturing firms in order to enhance productivity, and eventually, the profits. Moreover, the growing cost of labor is supplementing the adoption of automated solution, which is further fueling the growth of the micro and nano plc market over the years.

We have covered all segment of this market in our market research report. We are providing some segments briefly here:

Segmentation

The micro and nano PLC market has been analyzed through following segments:

By Type

Micro PLC

Nano PLC

 

By Component

Hardware

Software

Service

 

By Architecture

Modular PLC

Fixed PLC

 

By Industry Vertical

Automotive

Healthcare

Chemical

Metallurgy

Energy & Power

Oil & Gas

Others

 

By Geography

North America

USA

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

India

Others