Global Micro and Nano PLC Market Growth 2023-2029

Global Micro and Nano PLC Market Growth 2023-2029

The key driving factors for the growth of the micro and nano PLC market are requirement for compact automation solutions, adoption of regulatory compliance, and the growing home & building automation market.

LPI (LP Information)' newest research report, the “Micro and Nano PLC Industry Forecast” looks at past sales and reviews total world Micro and Nano PLC sales in 2022, providing a comprehensive analysis by region and market sector of projected Micro and Nano PLC sales for 2023 through 2029. With Micro and Nano PLC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro and Nano PLC industry.

This Insight Report provides a comprehensive analysis of the global Micro and Nano PLC landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micro and Nano PLC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Micro and Nano PLC market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro and Nano PLC and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro and Nano PLC.

The global Micro and Nano PLC market size is projected to grow from US$ 7885.9 million in 2022 to US$ 11630 million in 2029; it is expected to grow at a CAGR of 11630 from 2023 to 2029.

The automotive industry is expected to hold the largest share of the global micro and nano PLC market in 2016.

This report presents a comprehensive overview, market shares, and growth opportunities of Micro and Nano PLC market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Compact PLC
Modular PLC

Segmentation by application
Consumer Electronics
Automotive
Medical Equipment
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Rockwell (Allen-Bradley)
Mitsubishi
Schneider (Modicon)
Omron
B&R Industrial
GE Fanuc
ABB
Bosch Rexroth
Beckhoff
Fuji Electronic
Toshiba
Keyence
Idec
Panasonic
Koyo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Micro and Nano PLC market?

What factors are driving Micro and Nano PLC market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Micro and Nano PLC market opportunities vary by end market size?

How does Micro and Nano PLC break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.