Revenue During the Period 2016-2020, at a CAGR of 7.96% of Global Nano PLC Industry
About Nano Programmable Logic Controllers (PLC)
Nano PLCs are low-end PLCs with limited number of I/Os. These PLCs are generally programmed with ladder logic or function-block programming languages.
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Some of the common features of all brands of nano PLCs include the following:
The basic module has digital I/Os and some analog inputs
They are expandable up to around 40 digital and 10 analog I/O
They can be connected to larger systems, and are used as intelligent remote I/O systems with the attachment of communication modules
They have no real time behavior and cannot handle fast interrupt routines
Nano PLCs are designed for small automated systems used in industrial and commercial applications. They are used in the following industrial applications:
Automation of small packaging, assembly, production, finishing, and dispensing machines
Decentralized automation of auxiliary equipment of large and medium sized machines in the food and beverage, textiles, plastics and material processing sectors
Automated systems for agricultural machinery (irrigation equipment, pumps, and motors) and wastewater treatment industry
Technavios analysts forecast the global nano PLC market to grow at a CAGR of 7.96% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global nano PLC market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of nano PLCs.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Nano Programmable Logic Controller Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Mitsubishi Electric
Rockwell Automation
Schneider Electric
Siemens
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