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According to our latest market study, titled “Nano PLC Market” The usage of nano PLCs for low and small scale automation in industrial, commercial, and industrial is growing at an impressive pace. Nano PLCs offer several advantages over other classes of PLCs such as easy installation, competitive pricing, and easy to use functionality. They also reduces the challenges associated with moving from conventional control systems to PLC systems which require trained professionals and high investment in infrastructure development. Nano PLCs are considered to have less than 30 I/O points and various companies also offer expandable options to adapt with changing automation requirements in dynamic industrial situations. The growing demand for compact automation solutions in industries and rising upgradation of conventional control systems with nano PLCs are among the major factors driving the global nano PLC market growth. However, lack of awareness and availability of other control devices may restrain the growth of this market. Despite these limitations, the rising trend of home & building automation and increasing technological advancements to incorporate advanced features are projected to boost the nano PLC market growth.

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List Of TOP KEY PLAYERS in Nano Plc Market Report are –

SIEMENS AG, SCHNEIDER ELECTRIC SE, AND ROCKWELL AUTOMATION INC. – PROMINENT MARKET PARTICIPANTS IN THE NANO PLC MARKET

The prominent marketplayers in the nano PLC market are Siemens AG, Schneider Electric SE, and Rockwell Automation, Inc. among others. The listing of key players is derived by considering multiple factors such as overall revenue, segment revenue, brand image, current nano PLC product portfolio, geographic reach, new product launches, market initiatives, investment in technology upgradation, mergers & acquisitions, and other market-related activities. Crouzet Automatismes SAS, Emerson Electric Co., EZAutomation, IDEC Corporation, Keyence Corporation, Mitsubishi Electric Corporation, and OMRON Corporation are other notable players in the nano PLC market ecosystem. Market leaders are involved in taking up various market initiatives such as geographical expansion, product innovations by implementing advanced technologies, partnerships, contracts, joint ventures, funding, and inaugurating new offices across the world to maintain brand name globally.

For instance, in 2020, OMRON announced the opening of its new Automation Center in Tokyo. This center permits its customers to experience as well as test state-of-the-art FA which effortlessly integrates IoT, robotics, AI, and other cutting-edge technologies. In respect to steps, an other initiative has been undertaken in 2019. Schneider Electric announced the launch of Schneider Electric Exchange, a cross-industry open ecosystem dedicated to solving real-world sustainability and efficiency challenges. These strategies help the companies to remain competitive in the nano PLC market.

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Different types of PLCs are manufactured by the companies for various applications such as energy management, lighting, irrigation, pump control, industrial control, HVAC, and home automation. Depending upon the operations, the users select nano PLCs to enhance productivity by reducing errors and operational costs. Based on type, the nano PLC market is segmented into fixed nano PLC and modular nano PLC.

The nano PLC market, by component, is segmented into hardware and software. The hardware of nano PLC consists of varied components and holds the major share of the global nano PLC market. The continuous developments in hardware components such as CPU, memory, I/O modules, and communication modules are anticipated to drive the growth of the hardware segment from 2020 to 2027.

Based on industry, the nano PLC market is categorized into automotive, energy & power, home & building automation, oil & gas, pharmaceuticals, metals & mining, and others. PLCs are widely utilized in diverse industries such as steel, chemical, and energy, and automotive. The significance of PLCs is dramatically increasing based on technology developments in various type of PLC components, especially in the nano PLC area. Light control, gate and barrier control, exhaust and filters, conveyor belt operation, pump control, operator monitoring and control, package and label, alarm signaling, and voltage monitoring are among the common applications driving the demand for compact automation solutions such as nano PLCs across industries.

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With tables and figures, helping analyze worldwide Global Nano Plc Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market.

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