The Nano PLC market in North America was valued at US$ 890.1 million in 2019 and is projected to reach US$ 2,776.3 million by 2027; it is expected to grow at a CAGR of 15.8% from 2020 to 2027. The growth of the market in North America is attributed to the growing demand for compact automation solutions in industries and increasing preference for upgrading the conventional control systems with Nano PLCs. However, the lack of awareness and availability of other control devices restrain the growth of this market. Despite these limitations, the market in this region is anticipated to witness impressive growth during the forecast period.
Hardware and software are the major categories of components offered by Nano PLC market players. The hardware segment led the North America Nano PLC market, based on component in 2019. Hardware components that go in nano PLCs include power supply, CPU, memory, I/O modules, and communication interface for its operation.
The overall North America Nano PLC market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Nano PLC market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants are typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America nano PLC market. Emerson Electric Co, IDEC Corporation, and Keyence Corporation are among the major players operating in the market in this region.
Reasons to Buy:
Hardware and software are the major categories of components offered by Nano PLC market players. The hardware segment led the North America Nano PLC market, based on component in 2019. Hardware components that go in nano PLCs include power supply, CPU, memory, I/O modules, and communication interface for its operation.
The overall North America Nano PLC market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Nano PLC market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants are typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America nano PLC market. Emerson Electric Co, IDEC Corporation, and Keyence Corporation are among the major players operating in the market in this region.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North American Nano PLC market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North American Nano PLC market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North American market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. Nano PLC Market Landscape
5. Nano PLC Market -Market Dynamics
6. Nano PLC Market - North America Analysis
7. Nano PLC Market Analysis - By Component
8. Nano PLC Market Analysis- By Type
9. Nano PLC Market Analysis - By Industry
10. North America Nano PLC Market - Country Analysis
11. Nano PLC Market- COVID-19 Impact Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Emerson Electric Co.
- EZAutomation
- IDEC Corporation
- Keyence Corporation
- Mitsubishi Electric Corporation
- OMRON Corporation
- Rockwell Automation, Inc.
- Schneider Electric SE